[CNBC, Getty Images] One hedge fund got the GameStop trade just about perfectly right last year — buying it under $10 and selling when the meme stock peaked. The sell signal it used? An Elon Musk tweet. That’s how 2021’s top-performing hedge fund Senvest Management was able to notch $700 million in profit […]
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[The Motley Fool] These stocks will reward you over time and tide you over in a bear market. Key Points Amazon has prioritized serving its customers under any circumstances. An S&P 500 index fund is a secure investment in the market. Store Capital is a high-yielding REIT with massive opportunities. […]
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[The Motley Fool, Getty] Solana and Aave could supercharge your portfolio. Key Points Solana may be the fastest blockchain available. Aave is a great way to bet on decentralized finance. Want to earn multibagger returns? Look no further than cryptocurrency. While crypto prices have been in a slump so far this year, […]
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[The Sun] THIS real life Richie Rich has a fleet of supercars to play with aged nine – but he’s too small to reach the pedals. Mompha Junior – claimed to be the world’s youngest billionaire – owned his first mansion aged six and travels the globe by private jet. […]
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[NASDAQ] Wall Street had a very rough start to 2022, largely due to rising 10-year Treasury yields. In fact, all major indices are in red zone for the month so far. The S&P 500 index has declined about 7.5% in the first month of 2022, witnessing its worst month since […]
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[Inc., Getty Images] The Oracle of Omaha heard this advice over forty years ago and still applies it today. There’s no question Warren Buffett is a genius not only for his investing practices, but also for his invaluable wisdom about living a successful life. One of Buffett’s secrets to success is attributed to Tom Murphy, one of Buffett’s “heroes” […]
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[C|NET, Getty Images] Here’s a fact: Earnings over $600 annually will be reported to the IRS for 2022 taxes. But there are also several fictions. If you’re self-employed or have a side hustle and get paid through digital apps like PayPal, Cash App or Venmo, any earnings over $600 will now […]
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[CNBC, Reuters] The IMF is urging El Salvador to discontinue bitcoin’s status as legal tender. In September 2021, El Salvador became the first country to adopt the world’s biggest cryptocurrency as legal tender, alongside the U.S. dollar. The International Monetary Fund is pushing El Salvador to ditch bitcoin as legal tender, according to […]
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[CNBC] Investors may be playing with fire. According to Morgan Stanley’s Mike Wilson, the S&P 500 is vulnerable to a 10% plunge despite Monday’s late buying binge. He warns investors are dangerously downplaying a collision between a tightening Federal Reserve and slowing growth. “This type of action is just not […]
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[The Motley Fool, Getty] Buying into a steep decline in stocks can be a scary prospect, but history suggests it can also be very rewarding. Key Points Affirm is now the largest buy now, pay later consumer finance company. After signing deals with both Shopify and Amazon, Affirm’s business could […]
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