Month: June 2020

What is financial freedom and how can you reach this level of stability in your life? This is a question that everyone needs to consider as they navigate through adulthood.
However, its exact meaning may be different for each person. This all depends on your specific goals, age, personal and professional life.

What is Financial Freedom to You?
It’s important to determine what this means for you. In general, it’s the ability to have complete control without debt. This “fiscal stability” lets you live your life without having to worry about having enough income to dictate your choices.
So, by definition, what is financial …read more […]

On Wednesday, Morgan Stanley analyst Benjamin Swinburne raised his price target on shares of Disney, from $125 to $135, as he finds the company to be ‘uniquely positioned’ to bring its ESPN family directly to consumers. The Final Round panel discusses. …read more […]

In today’s Simply Answered, Simply Explained series, Bryan Bottarelli will go over some trading tips and address one of the most common trading questions for beginners: How Do I Trade a Small Account?
If you’ve just opened up a new Robinhood, E-Trade or TD Ameritrade account, this video is perfect for you.
I’ll give you a no-BS guide on how to properly get started… and how to avoid some common mistakes… so you’ll set yourself up for success, right from the start.
5 Trading Tips to Grow a Small Account

Trading Tip #1: Trade What You Already Know
Whenever one of my friends comes to …read more […]

In 2016, people voted for Trump with the hope he would help them economically, but a majority of Americans failed to see financial improvement since Trump took office. …read more […]

(Bloomberg) — Hertz Global Holdings Inc.’s bonds were valued at 26.375 cents on the dollar in a credit derivatives auction Wednesday, casting doubt on the possibility that shares will have any value when the company emerges from bankruptcy.The price, determined in an auction that’s used to settle hundreds of millions of credit default swaps tied to the bankrupt company, means traders who bought protection against the car rental company’s failure will be paid 73.625 cents for every dollar insured.The relatively low bond recovery level suggests Hertz shareholders are likely to see their holdings go to zero as the company reorganizes …read more […]

Stocks sank Wednesday, with the S&P 500 and Dow selling off by more than 3% at session lows as rising numbers of Covid-19 infections in some regions spooked investors. …read more […]

It may be hard to believe, but there’s a big crude oil shortage coming.
And it’s going to drag on your portfolio if you own anything related to the oil and gas sector.
Some of you may think I’ve lost it. But hear me out…
Your portfolio could be about to take a big hit as oil tanks. The current crude surplus and the upcoming shortage will take down even more oil and gas companies.
So keep reading to see why oil and gas stocks are done for.
States Backpedal Upon Reopening
As states have reopened, folks have started to congregate in large crowds again. And …read more […]

An investigation into 63,000 Tesla (TSLA) Model S cars has been opened by the U.S. National Highway Traffic Safety Administration (NHTSA) following complaints about failures of the media-control unit that cause loss of touchscreen features.Shares dropped 3.8% to $963.34 in early afternoon trading on Wednesday.The NHTSA said that it has received 11 complaints alleging failures of the touchscreen media control unit (MCU) due to memory wear-out in 2013 through 2015 Tesla Model S vehicles. The complaints have been filed over the past 13 months in vehicles that have been in use from 3.9 years to 6.3 years.Total failure of the …read more […]

Many commonly accepted “facts” about building wealth are – in actuality – fallacies.
Today, Mark Ford explains why intelligent investors should ignore these myths and adopt a variety of strategies.

Wednesday Wealth Recap:

Last week, Nicholas Vardy unveiled his new video series, Swing Trading: Nick’s Picks, with a brand-new swing trade recommendation. Make you sure you subscribe on YouTube so you don’t miss any of Nicholas’ recommendations!
As more and more investors pile into the market, one important aspect to consider is risk. This week, Chief Income Strategist Marc Lichtenfeld shared some key tips to make sure you’re investing safely.
Alexander Green‘s recommendations have fared …read more […]

(Bloomberg) — Bayer AG agreed to spend billions to settle thousands of U.S. lawsuits, taking its biggest step so far in resolving headaches the German chemical giant inherited with its 2018 acquisition of Monsanto Co.Agreements were reached on about 95,000 claims filed over Roundup, part of a Bayer plan to spend as much as $10.9 billion to settle all litigation linked to the popular herbicide, the Leverkusen-based company said Wednesday. The company also said it will pay as much as $820 million to settle toxic chemical pollution claims and a $400 million payment for those affected by its dicamba herbicide.Taken …read more […]

Apple is leaving behind Intel to produce its own processors for its Mac line of computers. And the move should pay off handsomely. …read more […]

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The retail sector in America continues to fall apart. …read more […]

(Bloomberg) — American Airlines Group Inc. increased its junk bond offering to at least $2 billion from $1.5 billion and canceled a leveraged loan sale, according to people familiar with the matter.The secured five-year junk bond is being marketed with a coupon of 11.5% to 11.75% and a discounted price of 99 cents on the dollar, which comes to an all-in yield of 11.76% to 12.01%, according to the people, who asked not to be identified because the deal is private. Early pricing discussions on the deal had been in the 12% area.The sales process closes at 2:15 p.m. in …read more […]

Gold prices are surging again. Here is how one gold insider is handling the situation. …read more […]