Investing News

Pedestrians walk by a T-Mobile store in New York. Scott Mlyn | CNBC According to some Wall Street experts, there’s still plenty of fuel left in the tank, even after the stock market closed out the year at record highs. Strategists from Goldman Sachs predict that the S&P 500 will round out 2021 at 4,300

Making mistakes on your tax return can cost you money. You may miss out on a larger refund than you claimed, wind up owing more taxes—plus interest and penalties—or invite an Internal Revenue Service (IRS) audit. The best defense against these results is a good offense, namely avoiding errors on your return. Key Takeaways Make

Tax deadlines have a way of creeping up on you, so filing for a tax extension might be something you need to do. The filing deadline for your 2020 individual income tax return is Thursday, April 15, 2021. You have until that date to file and pay your federal taxes without any penalty. Filing an extension

For U.S. citizens living abroad, referred to as expatriates or expats, maintaining checking and other bank accounts in the United States provides several advantages. These include the convenience of paying bills or making payments in the country and the ease of direct deposits for employment or Social Security payments. However, using these accounts while living

What Is Insider Trading? An insider is a person who possesses either access to valuable non-public information about a corporation or ownership of stock equaling more than 10% of a firm’s equity. This makes a company’s directors and high-level executives insiders. Top 3 Most Scandalous Insider Trading Debacles Key Takeaways An insider is someone with either access to valuable

The slang term “trading the cable” is used by forex traders to refer to an exchange between British pounds and U.S. dollars. The word cable may refer to the exchange rate between the pound and the dollar, and may also simply refer to the British pound. Key Takeaways When the currency pair is the British

The one constant in the stock markets is change. Said differently, volatility is a constant companion to investors, which is why the CBOE Volatility Index (VIX) is such a widely tracked market index. Ever since this measurement of investor sentiment regarding future volatility was introduced (with futures and options following later), many investors have wondered

There is an old Chinese curse, “May you live in interesting times.” 2020 was certainly an interesting year for investors with holdings in China. Early in 2020, short-sellers went after China as the coronavirus began spreading. However, Chinese markets snapped back quickly, led higher by technology and e-commerce companies, such as Alibaba. Exchange-traded funds (ETFs)

Tech investor Gene Munster told CNBC on Thursday he sees a reasonable path for Apple to reach a $3 trillion market capitalization in the future. The iPhone maker became the first publicly traded U.S. company to reach a $2 trillion market cap in August — a milestone Munster foresaw in January, when he made the

The feasibility of combinations in options trading allows profitable opportunities in varying scenarios. Be it the underlying stock prices going up, going down, or remaining stable, suitably selected option combinations offer apt profit potential.  This article goes over “strip options”, one of the market neutral trading strategies with profit potential on either side of the

When a company wants to restructure its debt and equity mix to better position itself for long-term success, it may consider issuing a debt/equity or equity/debt swap. In the case of an equity-for-debt swap, all specified shareholders are given the right to exchange their stock for a predetermined amount of debt in the same company. Bonds

Procter & Gamble Co. (NYSE: PG) is one of the largest consumer goods companies in the world. The company owns more than 50 brands including Tide, Gillette, Dawn, and Pantene. On June 30, 2020, P&G reported Q2FY2020 earnings with net sales of $71.0 billion, and a 6% increase in organic sales growth.  The company also has a market cap of $341.34

Traders work on the floor of the New York Stock Exchange. NYSE The pandemic turned 2020 into a year of unprecedented events — not the least of which was the swift crash and then record-fast recovery of the stock market. The market’s race higher has been in stark contrast to an economy that has been

Because institutions such as mutual funds, pension funds, hedge funds, and private equity firms have large sums of money at their disposal, their involvement in most stocks is usually welcomed with open arms. Often their vocally expressed interests are aligned with those of smaller shareholders. However, institutional involvement isn’t always a good thing – especially when

What Is the FDIC? The Federal Deposit Insurance Corporation (FDIC) was created at the height of the Great Depression, following the closure of 4,000 banks in the first few months of 1933 and the loss of $1.3 billion in deposits. President Franklin Roosevelt signed the Banking Act of 1933 on June 16 of that year,

Happiness during retirement can be pretty elusive. That can come as a surprise to some, who might assume they’ll be much happier once they finally stop working. In the years leading up to retirement, they may have dreamed about not being beholden to an employer’s schedule, having plenty of free time to pursue hobbies and

Gross Profit vs. Net Income: An Overview Two critical profitability metrics for any company include gross profit and net income. Gross profit represents the income or profit remaining after the production costs have been subtracted from revenue. Revenue is the amount of income generated from the sale of a company’s goods and services. Gross profit

While borrowing from your life insurance policy can be a quick and easy way to get cash in hand when you need it, there are a few specifics to know before borrowing. Most important, you can only borrow against a permanent or whole life insurance policy. Term life insurance, a cheaper and suitable option for many people, does

Cryptocurrencies have gained popularity due to several factors, including privacy and anonymity. Some of them help users to conceal their identities and their transactions. Amid mounting concerns about the anonymity of early cryptocurrencies, such as Bitcoin, users are searching for new options. Let’s take a look at the some popular privacy-oriented cryptocurrencies, which have several

Tesla’s stock is stupidly expensive. It may go higher and shareholders may be rewarded, or it may languish or fall. There is no law prohibiting stupidly expensive from becoming moronically expensive. Moreover, speculative companies that actually achieve explosive sales and profit growth for a number of years can actually make outlandish valuations seem justified for