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We’re 65, Have $1 Million Saved and $30K in Social Security Benefits. Can We Live on $70K Per Year?

Suppose you and your spouse are both 65 years old, have $1 million in savings and collect $30,000 per year in Social Security. Is that enough to fund a $70,000 per year retirement? It will depend on your personal circumstances, especially where you live, but $70,000 may be enough for some households. Whether your assets

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Cathie Wood Thinks This Streaming Stock Will Jump 747%. Is She Right?

Ark Invest CEO Cathie Wood is known for making bold stock calls. In 2018, she predicted Tesla would hit $4,000 a share, which seemed far-fetched at the time, but that prediction came true as Tesla reached that price on a split-adjusted basis in 2021. Tesla is the biggest holding in Ark Invest’s flagship Ark Innovation

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How Disney Turned Halloween Into a Money-Making Machine

For devoted Disney fans, there’s often no better treat than spending Halloween at its theme parks — and more specifically, at its after-hours parties, where visitors can trick-or-treat through Walt Disney’s Enchanted Tiki Room and watch a Halloween-exclusive parade, among other experiences. But tickets are neither cheap nor easy to acquire. The parties are held

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Just How Important Is It to Begin Planning Early for Retirement?

An unpredictable economy and unforeseen life events can create a “financial vortex” that makes it difficult to save over the long term and invest for retirement, according to a recent survey from Goldman Sachs. The list of volatile economic factors won’t surprise anyone living in today’s economy who’s experiencing higher interest rates, inflation and the

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BlackRock Debt Strategies Fund (DSU) Declares $0.09 Dividend

BlackRock Debt Strategies Fund said on October 2, 2023 that its board of directors declared a regular monthly dividend of $0.09 per share ($1.09 annualized). Previously, the company paid $0.09 per share. Shares must be purchased before the ex-div date of October 13, 2023 to qualify for the dividend. Shareholders of record as of October

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What are Starter 401(k) Plans? A Guide for Employers

There’s never been a better time for employers to start a new 401(k). Why, you might ask? Recent retirement legislation has made offering a 401(k) more affordable than ever. Thanks to the SECURE 2.0 Act, eligible employers may receive up to $16,500 in tax credits1 over a plan’s first three years to help offset administrative plan costs. The

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Analyzing Q3 Earnings & Higher Interest Rates

Quarterly earnings releases will begin taking center stage this week, helping dilute the market’s rapt attention on rising treasury bond yields. The push higher in yields has been reflective of the higher-for-longer Fed view, which in turn has been driven by the U.S. economy’s extraordinary resilience. The economy’s resilience has been showing up in the

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Is It Too Late to Buy This Top-Performing Nasdaq-100 Dividend Stock?

The first half of 2023 turned into an incredible comeback story for the U.S. tech sector, thanks primarily to artificial intelligence (AI) gaining rapid mainstream adoption among the masses. This resulted in stocks of AI industry leaders like Nvidia (NVDA) (up 203% YTD), Google (GOOGL) (up 52.6% YTD), and Microsoft (MSFT) (up 32.8% YTD) all

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What Financial Advisor Clients Value More Than Returns, and Why

It won’t come as a surprise that when investors talk to their financial advisors, their top concerns these days are focused on inflation, market volatility and the possibility of a recession. And while any investor wants to maximize their gains, recent research published by the Insured Retirement Institute (IRI) indicates that right now, investors are

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Momentum Monday: Top Ranked Stocks are Setting Up for a Year End Rally

Want to start the week ahead of the pack? Check out Momentum Mondays, where I cover the leading breakout stocks in the market, summarize the major events of the week ahead, and prepare investors for profitable trading. Today, we will be taking a look at the broad stock market indexes to summarize the action of

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A Trillion-Dollar Dividend Growth Stock to Buy and Hold Forever

With a market cap well above $2.5 trillion, some investors might wonder whether any fuel is left in Apple‘s (NASDAQ: AAPL) growth tank. The company has delivered market-beating returns in the past 15 years, but the unveiling of new iPhone models has lost much of its appeal, and the company’s innovative smartphone remains its biggest

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Espey Manufacturing & Electronics (ESP) Declares $0.15 Dividend

Espey Manufacturing & Electronics said on September 21, 2023 that its board of directors declared a regular quarterly dividend of $0.15 per share ($0.60 annualized). Previously, the company paid $0.10 per share. Shareholders of record as of October 2, 2023 will receive the payment on October 10, 2023. At the current share price of $16.10

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The Best Days to Fly Around Thanksgiving in 2023

Thanksgiving week tends to draw major airport crowds, and coupled with inevitable weather delays, it can be a brutal time to travel. Not to mention, the conventional wisdom to fly on Tuesdays won’t necessarily save you much money. But some days within Thanksgiving week are significantly busier than others. If you can afford to be

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3 Red-Hot Stocks for Momentum Investors to Buy

Momentum investors are always looking to ride bullish trends where buyers are in control, with the strategy particularly potent in 2023 amid the market’s turnaround. Still, volatility has crept higher over the last month, causing many pockets of the market to lose steam and face unfavorable price action. But the momentum certainly hasn’t disappeared for

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Notable Wednesday Option Activity: HUN, NVDA, CHPT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Huntsman Corp (Symbol: HUN), where a total volume of 34,478 contracts has been traded thus far today, a contract volume which is representative of approximately 3.4 million underlying shares (given that every 1 contract represents 100 underlying

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Special Opportunities Fund (SPE) Declares $0.09 Dividend

Special Opportunities Fund said on September 15, 2023 that its board of directors declared a regular monthly dividend of $0.09 per share ($1.04 annualized). Previously, the company paid $0.09 per share. Shares must be purchased before the ex-div date of October 19, 2023 to qualify for the dividend. Shareholders of record as of October 20,

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Does Your 401(k) Need to Be Protected?

When choosing among the mutual funds, target-date funds and other investments offered in a 401(k) plan, nobody sets out to select a costly investment that could affect their future. But, according to law professors Ian Ayres of Yale University and Quinn Curtis of the University of Virginia, that’s often exactly what can happen. Taking personalized

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September Correction: 5 Hints of a Turnaround

Corrections are Normal Various factors, including economic data, geopolitical events, central bank policy, investor sentiment, or simple shifts in supply and demand for equities can trigger corrections. Often, in robust bull markets, investors can forget that corrections serve as a natural part of the market’s cycle. Did you know that over the past 60 years,

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3 Warren Buffett Stocks You Can Buy in September and Hold Forever

Warren Buffett is one of the most famous investors of all time. His success — both personally and through his company, Berkshire Hathaway — speaks for itself. Much of Buffett’s success owes to just how clear and simple his investing philosophy is. One thing he constantly preaches is the importance of keeping a long-term mindset

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