Study Reveals The One Generation That’s Most Financially Prepared For Retirement, And It’s Not Boomers
When it comes to the reality of retirement, many generations, especially older ones, have come to realize that it doesn’t look anything like the version they may have imagined decades ago. The picture of being able to retire and live comfortably off savings has shifted immensely. But it seems the shaky idea of actually being able to retire has caused one generation in particular to start thinking way more about the money they’re saving for those golden years.
Read MoreMyriad Moves: Predictors Turn Bullish on Bitcoin Rebounding to $100K
While doom was permeating markets last week, crypto participants are a bit more cheerful with the passing of Thanksgiving and the beginnings of a market rally.
Bitcoin has jumped 7.4% in the last 7 days, reclaiming $91,000, but still sitting nearly 28% off its August all-time high.
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Read MoreGuess Who Just Bought Nvidia Stock? An Investor Who Favors Innovators and Leads a Fund That's Climbed 100% Over 3 Years.
This particular investor increased an existing position in Nvidia.
Nvidia (NVDA 1.83%) has been impressing investors with mind-blowing gains in revenue and profit in recent years. This is thanks to the company’s dominance in selling one of today’s most sought-after products: artificial intelligence (AI) chips.
Barely worth its weight in gold: can art still be considered an asset class?
A week ago, at Sotheby’s in New York, Maurizio Cattelan’s solid gold toilet hammered for $10m, a smidge over its gold spot price of $9.8m. A case, then, of an artwork literally being worth its weight in gold. Or thereabouts.
It is probably one of the only examples of pricing in the history of the art market that makes quantifiable sense.
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Read MoreNASDAQ Index, SP500, Dow Jones Forecasts – NASDAQ Gains Ground As Intel Rallies 7.7%
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Read MoreThe Burst
Don’t Be Fooled By Gold
Gold has been on a tear in recent months and rightly so, it seems, looking at macro events. What started as an Israeli-Palestine conflict has escalated to include Iran, which in turn is leading to speculation that the US may be get involved, and by then war appears to be a real possibility. Worse still are the prospects for further expansion if other countries are brought into the fray,
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Read MoreThe Ivy
The Magnificent 7 Have a New Trillion Dollar Rival
Berkshire Hathaway (NYSE:BRK.B) is arguably one of the most successful companies in American history. The conglomerate founded by Warren Buffett now owns stakes in both large public companies and several wholly-owned subsidiaries.
Berkshire itself has also been a remarkable investment vehicle for its shareholders, boasting a 30-year total return of over 3,000%.
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Read MoreThe Spotlight
Will Roku Soar 9x From Here?
Roku’s most recent financial report disappointed investors. Slowing streaming growth and lower ad spending, paired with economic uncertainty, have caused Roku’s stock to plummet.
Shares are down over 66% year to date and more than 80% compared to the highs reached last year. The stock is so battered that many are staying away.