Bitcoin was the first digital currency to take off. It was also the first successful application of blockchain technology. When it debuted in 2009, it didn’t face any competition. That fact helped it become extremely popular as network effects kicked in.
Research has shown the value of a company or project is correlated to these network effects.
Plenty of investors feel scared and uncertain as the S&P 500 enters its second bear market in 2.5 years. So far, the S&P 500 has lost about 21% of its value during this bear market. And it doesn’t look like that will end anytime soon.
What can you do when the stock market trends downward?
» Read more about: Scared of the Stock Market? What To Do Next »
The weight of inflation, high energy costs, rising interest rates, and pessimism has dragged prices down to create a bear market. As prices of former high flying stocks creep ever lower, it’s tempting to cut portfolio holdings and run. But some companies stand out with exceptional business models and are trading at attractive valuations.
When news headlines are pervasively negative,
Uber’s reputation has taken it to the very heights of the ride-hailing industry. The company has a presence in more than 10,000 cities, and partners with over 22,800 workers across 72 different countries.
And yet, for a business with such a formidable global footprint, the firm’s market cap of around $45 billion seems somewhat underwhelming.
Putting all your eggs in one basket is usually a bad idea, unless that basket is heavily diversified. Yet most companies fail the diversification test. Google is still largely a bet on advertising. Uber is mostly a bet on ridesharing and food delivery. And Netflix is a bet on streaming content. If even the titans of technology fail the diversification test,
» Read more about: If You Could Only Buy 1 Stock, This Would Be It »
Dividend investing is attractive because it offers an income stream but it also has a downside during market sell-offs: dividend payouts often don’t compensate for share price declines.
In response to the recent market turbulence, some investors are hunting for dividend stocks to limit portfolio volatility but the key is to find the right types of income-generating stocks.
» Read more about: 3 High Yield Dividend Stocks To Hold Forever »
Bitcoin (BTC) and Ethereum (ETH) still stand out as the two most popular cryptocurrencies. For years, Bitcoin was the only option for investors interested in the benefits of non-fiat currency. Ethereum is the only crypto that has come close to dethroning BTC. Now, there’s a chance that Solana (SOL) could emerge as a new contender.
Recession concerns have been kept at bay by a handful of economic sectors, including pharmaceuticals, food, and big-box retail. These economic areas are grouped into the S&P Consumer Staples Index. Until recently, the Consumer Staples Index was one of just three sectors in the S&P 500 that hadn’t suffered in 2022. Now that Target and Walmart have released warnings about earning expectations,
Many billionaires fly under the radar. But 13F filings offer a clue as to what assets the ultra-rich are scooping up.
The most recent release last month, showcased three key stocks that billionaire money managers snapped up. All four are profitable and time-tested stocks within the Dow Jones Industry Average,
Some stocks were darlings in 2020-21, only to become pariahs in 2022. Look no further than Peloton to see an example of how high a company can fly and how low it can fall. Others have solid business models but now seem to be chasing near impossible year-over-year comps. Best Buy falls into this latter category,
