If you were thinking of starting a business with money from your individual retirement account, you might want to put that idea on hold for a moment. Ditto if you were thinking of using tax-deferred retirement accounts to invest in a startup run by a friend or a member of your family. The new tax
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The world is constantly changing. In fact, it’s changing so fast that the world in three years will look a lot different than the world of today. So… what will the world look like in three years? Well, I just sat down with InvestorPlace CEO Brian Hunt to answer that very question in an hour-long
Everyone will soon be able to tip bitcoin on Twitter TWTR, +0.79%, making the social-media platform one of the first major significant companies to offer such a payment feature on its platform. The announcement comes after the site has been testing such a feature for months. Tips will be available for Apple iOS users as
GameStop (NYSE:GME) is still facing threats and GME stock continues to trade at a relatively high valuation. As a result, I recommend investors refrain from taking a bullish position in the name. Source: quietbits / Shutterstock.com The retailer’s refusal to answer questions about its strategy going forward has made me more cautious about its outlook.
Are companies like Zillow ZG, -3.40% and Redfin RDFN, +4.57% manipulating home prices by purchasing properties across the country? That’s what one real-estate agent claims in a video that went viral on the social-media platform TikTok — but real-estate experts say the reality is much more complicated. In a video that’s garnered more than 2.4
Joby (NYSE:JOBY) appears to have most of the ingredients necessary to enable JOBY stock to (pardon the pun) eventually take off. Source: T. Schneider / Shutterstock.com Specifically, the air-taxi company has proven technology, a service that should generate strong demand, a highly accomplished CEO, impressive backers and a fairly reasonable valuation. When it comes to
The 10-year Treasury yield breached 1.45% on Friday to hit its highest level in almost three months as investors continued to react to the Federal Reserve’s policy announcement on Wednesday. Of particular interest to bond investors was the central bank’s signal that the tapering of $120 billion of monthly bond purchases “may soon be warranted.”
The electric vehicle (EV) trade has finally cooled off, which is a good thing given how far it had run. It would be hard for Tesla (NASDAQ:TSLA) to justify a trillion dollar market capitalization or for these revenue-less SPAC stocks to keep soaring higher. Meanwhile, Nio (NYSE:NIO) is somewhere in between, with NIO stock performing
Global investors who own China Evergrande Group’s 3333, -12.73% U.S. dollar bonds were in the dark Thursday about whether the property giant would make a key interest payment, a major test of the highly indebted developer’s ability to avoid a default. Evergrande was on the hook to make $83.5 million in coupon payments on Sept. 23 on
The market has been losing momentum lately and so has BlackBerry (NYSE:BB). BB stock has become a favorite among the “Reddit traders,” the short-squeeze traders or whatever else they want to refer to it as. Source: Shutterstock It’s simple, though. With a few exceptions, stocks like GameStop (NYSE:GME), AMC Entertainment (NYSE:AMC), Aterian (NASDAQ:ATER) and
Billionaires sit on vast pools of money and assets, and only a tiny portion of their wealth goes toward federal incomes taxes — they’ve paid an average income tax rate of 8.2% over roughly the last decade. That’s according to a new report from analysts at the White House’s Council of Economic Advisers and the
Chinese electric vehicle (EV) maker Nio (NYSE:NIO) has seen its shares take another tumble as of late. On Monday, NIO stock closed down 6.2% on the day. At this point, NIO stock is down nearly 27% in 2021. For investors, that’s a gut-wrenching turn in direction for a stock that delivered a 1,110% return last year.
Months after a story broke detailing the $5 billion that could come out of Peter Thiel’s retirement account tax-free, new tax proposals are aiming to put a stop to the practice of very wealthy investors taking advantage of favorable tax laws on IRA accounts. The changes offered by Congressional Democrats on the Ways and Means
What would happen if a company developed a massive new product and no one cared? For Pfizer’s (NYSE:PFE) investors, that has been the question for the past year. Despite coming up with a blockbuster vaccine for the novel coronavirus, PFE stock did basically nothing for an extended period. Source: Manuel Esteban / Shutterstock.com That finally changed
SoFi Technologies Inc.’s strong product portfolio could help lift its shares roughly 50% higher, according to one analyst’s model—and that’s on top of a 10% rally Wednesday. Shares of SoFi SOFI, +11.40% surged Wednesday after Jefferies analyst John Hecht chimed in with an upbeat view of the digital-finance stock, setting a buy rating and $25
The September slump on Wall Street took a turn for the worse yesterday, as stocks plunged on Monday in their worst sell-off since July. Even with a huge end-of-day bounce, the Dow Jones still closed down 1.7%, while the S&P 500 shed 1.6% and the Nasdaq tumbled 2.2%. Source: Shutterstock The catalyst? It wasn’t obvious.
Dear Quentin, My 42-year-old only child married a woman 12 years ago. She is selfish, a hermit, and extremely passive-aggressive. I don’t know why my intelligent son remains married. She has alienated ALL his friends and family. My daughter-in-law never attends family events. She has an 18-year-old disabled daughter who is very friendly. I’ve treated
Ready for your regular checkup? I’m no dentist, but I’m seeing something unhealthy going on with SmileDirectClub (NASDAQ:SDC). There may be signs of decay forming in SDC stock right now. Source: Helen89 / Shutterstock.com For one, the share price has declined quite sharply year-to-date (YTD) — the stock is down 46%. Sure, you won’t have trouble
The U.S. Space Force unveiled new prototype uniforms for its service members Tuesday, and drew a plethora of reactions on social media. Some compared the uniforms to those worn on sci-fi shows and others were stunned to learn Space Force still exists. The reaction to the uniforms caused “Space Force” to trend on Twitter TWTR,
Epic Games has handed Apple (NASDAQ:AAPL) an epic defeat. Epic Systems, the maker of “Fortnite” and other popular games, launched a massive lawsuit against the company years ago for allegedly anticompetitive behavior. And, in a surprise to many observers, a judge largely agreed. Source: Shutterstock On Sept. 10, a judge ruled on the long-running Epic