Billionaire Bill Gates Has $21 Billion In Only 2 Stocks
Billionaire Bill Gates doesn’t follow the pattern of investing that esteemed academics recommend. Any Ivy League business school in the country will advocate for diversification, so why then does Bill shun the advice of academics and put all his eggs into just a few baskets?
One answer is that it’s precisely the approach that made him rich. » Read more about: Billionaire Bill Gates Has $21 Billion In Only 2 Stocks »
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1 Red Hot Stock To Sell Now
When Nvidia reported earnings in late August, the top line number came in line with analysts’ forecasts: revenue rose by about 3% from the prior year. However, net income came in lower than expected and the share price dipped. A closer look under the hood reveals warning signs that suggest the stock is worth avoiding now.
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Retire Rich With 3 Tech Stocks
Technology stocks were hammered this year. Some high-growth stocks plummeted as much as 90%. But plenty of stocks offer immense long-term potential, so how do you sift through the noise?
Here are three stocks that offer the opportunity to retire rich.
Apple (AAPL)
During Apple’s recent dip,
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Buffett’s “Secret Portfolio” Holds Surprising Treat
Berkshire Hathaway is Warren Buffett’s best known investment vehicle. But another, little-known portfolio sits under his Berkshire investment vehicle and one of the stocks recently added to its portfolio might surprise you.
Almost a quarter of a century ago, Buffett snapped up General Re for its reinsurance operations. Under the General Re umbrella came a subsidiary called New England Asset Management,
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The Horrifying Chart That May Forecast A Plunge
Technical charts are littered with examples of historical comparisons. Is the most recent bullish run-up in the S&P 500 similar to the 1929 peak? Is the hype around AI similar to the buzz around the internet in 2000? Is the soaring Nvidia stock chart akin to the bull run in Cisco 24 years ago?
It’s hard to tell looking at a stock chart alone whether history will repeat or simply rhyme,
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Read MoreThe Burst
Market Commentary: The Meteoric Rise of Eli Lilly
Did you know that Eli Lilly and other pharmaceutical companies have sold approximately 10.6 million shots of obesity drug doses in the U.S. in a single month? The rise of these injectable weight loss medications is so powerful that it’s causing investors to question the future of even staple food and beverage stocks.
While this aspect alone could secure Eli Lilly as the pharmaceutical golden goose you’ve been looking for there is much more than meets the eye.
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Read MoreThe Spotlight
Forgot Zoom? That’s Why It’s Time To Buy
During COVID, you couldn’t tune into financial news networks without hearing about Zoom. The company and its stock was the poster-child for thriving businesses during lockdowns. On January 3, 2020, ZM share price closed at $67.28 per share. By October 16, just 10 months later, it had soared to $550 per share, an all-time high that still stands today.
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Read MoreThe Daily
Catch-up contributions: Will they help older workers bridge the retirement gap?
The average American begins saving for retirement at around the age of 28, though most would tell you they wish they had started sooner. The reason is fairly obvious: the earlier you begin your retirement journey, the better funded it will be by your investment earnings rather than your wages. While many 50- and 60-year-olds regret not contributing earlier in their lives,
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