The Best Stocks to Invest $50,000 in Right Now
The tech-centric Nasdaq Composite (^IXIC -0.50%) has doubled over the last five years, which is quite amazing to think about. This included a pandemic, 40-year high inflation, and the recent tariff-driven sell-off in March.
The stock market is the greatest wealth-creating machine the world has ever known.
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Read MoreThe rocky road to responsible investing
Not long ago, sustainable or “responsible” investing was hailed as the future of finance. Environmental, social and governance (ESG) related funds skyrocketed in popularity and were embraced by investors and finance industry alike. Following a history of falling under a more niche category for religious orders and institutions that mandated exclusions from certain industries, responsible investing was evolving to become part of the status quo and the finance industry scrambled to meet the growing green demand.
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Read MoreTop Wall Street bank pitches options play to ride potential Indian rupee rally to 83
Goldman Sachs’ sales and trading desk is recommending an options play on the Indian rupee that will pay off if the South Asian currency rallies to 83 per U.S. dollar over the next nine months.
Read MoreS&P 500, Nasdaq open near record levels after May inflation data
U.S. stocks are holding relatively steady after a report suggested President Donald Trump’s tariffs are not pushing inflation much higher, at least not yet. The S&P 500 was up less than 0.1% early Wednesday. The Dow Jones Industrial Average was down 23 points, or 0.1%, and the Nasdaq composite was up 0.2%.
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Read More1 Top Dow Dividend Stock to Buy for Passive Income in June
The Dow Jones Industrial Average tracks 30 large, publicly traded blue chip stocks. These companies are some of the strongest and most well-known in the country. They tend to be lower-risk companies, most of which pay dividends. Because of that, Dow stocks can be a great choice for those seeking reliable dividend income.
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Read MoreThe Burst
Is Tesla a Buy Under $200?
In the investing world, Jim Cramer grabs a lot of headlines, but other less well-known names arguably deserve substantially more attention. Oliver Kell is one such name. He’s got the distinguished title of US Champion Trader with a 941.1% return in 2020.
He’s also got quite a knack for finding the hottest stocks in the market,
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Read MoreThe Ivy
Elon Musk Claims United States Will Be Bankrupt, Now What?
The US debt now sits at $34 trillion and is growing by about $1 trillion every 100 days. A statistic came out recently that claimed 76% of all personal income tax is now going to service the national debt.
It’s for that reason Musk recently made the claim that the US is headed for bankruptcy.
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Read MoreThe Spotlight
Is This the Safest Stock to Buy Today?
According to one study, when markets fell by 21%, retail portfolios were down by 32%. It’s been a devastating year for ordinary investors, which means “safe stocks” are back in vogue.
This desire for safer stocks is especially apparent among those who have seen firsthand that the “next big thing” can decline in price as quickly as it rises –