Sun.Aug 13, 2023

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The Best Argument for Claiming Social Security at Age 62

The Motley Fool

On average, Social Security benefits make up about 30% of older Americans' incomes. Social Security is likely to provide a big chunk of your retirement income, too -- but whether it provides 30% or more or less than that is in your hands, to some degree. Here's a look at why you might claim your Social Security benefits early -- and why you might, alternatively, choose to delay.

Financing 246
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What virtues do clients seek in financial advisors?

Million Dollar Round Table (MDRT)

By Bryce Sanders Whether prospects say it or not, there are virtues they’re looking for in financial advisors to be able to trust them and then build a long-lasting relationship. Here are seven virtues most prospects are seeking in ideal advisors. This isn’t like school, though, where four out of six represents 67%, or a passing grade. The ideal advisor needs all seven virtues.

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Younger Generations Will Rely Less on Social Security in Retirement, Data Shows

The Motley Fool

Millions of older Americans today collect a monthly benefit from Social Security. And for many, that benefit is their primary source of income. That's problematic, though. For average wage earners, Social Security will replace about 40% of the paychecks they collected while working. But most people aren't equipped to withstand a 60% pay cut. And so it's easy to see why so many seniors struggle financially in the absence of having savings.

Financing 246
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The Pros & Cons of More Volatile Inflation

A Wealth of Common Sense

After 12 months in a row of falling annualized inflation numbers, the latest reading ticked slightly higher this month. Here are those numbers from the peak in June 2022: 9.06% 8.52% 8.26% 8.20% 7.75% 7.11% 6.45% 6.41% 6.04% 4.99% 4.93% 4.05% 2.97% 3.18% For a while there stagflation was all the rage. That risk subsided relatively quickly as the economy remained strong and the stag part of that equation fell by the ways.

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Here's the 1 Warren Buffett Stock That's Most Likely to Join Apple and Microsoft in the $2 Trillion Club

The Motley Fool

The bigger the better? Warren Buffett might seem to think so. He has loaded Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) portfolio with large-cap stocks. Nine of the 50-plus stocks that Berkshire Hathaway owns are mega-caps with market caps of $200 billion or more. There are only two stocks that trade on U.S. exchanges with market caps of over $2 trillion: Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT).

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US Steel puts itself up for sale after receiving unsolicited bids

Financial Times M&A

Offers ranged from possible acquisition of the whole company to specific assets

Bidding 98

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Daily Mail owner confirms interest in Telegraph auction

Financial Times M&A

DMGT joins a long list of potential bidders in an expected September sale of UK media group

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Ford CEO Jim Farley Touts a Fourfold Increase in 2023 EV Sales -- Is Ford Stock A Buy?

The Motley Fool

Ford Motor Company (NYSE: F) and other legacy automakers are making the transition to electric vehicle (EV) sales, but it's been no joyride. Manufacturing a battery-powered car with sophisticated software that's integral to operations is a very different process compared to internal combustion engine (ICE) mechanics. While Ford ramps up production, every EV that rolls off the production line of this mighty American automaker loses money.

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Billionaire Agnelli family takes 15% stake in Philips

Financial Times M&A

Exor says it backs Dutch group’s shift from consumer electronics to healthcare

Stakes 88
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3 Things About Nvidia the Smartest Investors Know

The Motley Fool

The past few years have been a non-stop thrill ride for Nvidia (NASDAQ: NVDA) investors. After record-setting sales and an all-time-high stock price in 2021, the chipmaker was ravaged by the downturn, losing more than half its value last year. The tide has turned again in 2023, and Nvidia stock has been on fire, up nearly 200%, and the year is far from over.

Investors 246
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Get a One-Year Sam's Club Membership for Only $24.99

Entrepreneur - VC

When stocking up on office supplies, this can be a great way to shop for bulk deals on food and other everyday essentials.

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Biden's Investing $1.2 Billion to Combat Carbon Dioxide Pollution -- and Occidental Petroleum Stock Could Skyrocket Because of It

The Motley Fool

The Biden administration announced plans to invest up to $1.2 billion to kick-start the country's carbon capture and storage industry. As part of the President's Investing in America agenda, the funds will help advance the development of two commercial-scale direct air capture (DAC) facilities in the Gulf Coast region. These facilities would pull carbon dioxide directly from the air.

Investing 246
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Check Point to Acquire Perimeter 81, For Approx. $490M

FinSMEs

Check Point Software Technologies, a San Carlos, CA-based provider of cyber security solutions, acquired Perimeter 81, a New York-based Security Service Edge (SSE) company. The amount of the deal was approx. $490M. Thes acquisition is subject to customary closing conditions and is expected to close in the third quarter of 2023. Check Point intends to […] The post Check Point to Acquire Perimeter 81, For Approx. $490M appeared first on FinSMEs.

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Make $1,000 in Annual Income the Easy Way With These Ultra-High-Yield Dividend Stocks

The Motley Fool

Some things are hard to do. Climbing Mount Everest. Juggling four balls at a time. Learning a new language. Running a marathon. Generating passive income might be on the list as well for some people. But it doesn't have to be. You can make $1,000 in annual income the easy way with these ultra-high-yield dividend stocks. 1. Ares Capital Ares Capital (NASDAQ: ARCC) ranks as the largest publicly traded business development company (BDC) in the world.

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PDI Technologies Acquires Skupos

FinSMEs

PDI Technologies, an Atlanta, GA-based company delivering solutions and insights for retail and petroleum wholesale ecosystem, acquired Skupos, a San Francisco, CA- and Denver, CO-based provider of a platform that empowers retail by connecting independent convenience stores and CPG brands. The amount of the deal was not disclosed. Led by Jake Bolling, Chief Executive Officer, […] The post PDI Technologies Acquires Skupos appeared first on FinSMEs.

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Why Rivian Is a No-Brainer Growth Stock

The Motley Fool

On Tuesday, Rivian Automotive (NASDAQ: RIVN) posted a strong second quarter. The electric vehicle (EV) maker accelerated production enough to raise full-year guidance to 52,000 units; it improved its gross margin by 44 percentage points, or 4,400 basis points, compared to the first quarter; lowered costs; narrowed its quarterly loss; and topped Wall Street revenue estimates.

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Radisys Acquires Mimosa Networks

FinSMEs

Radisys, a Hillsboro, OR-based subsidiary of Jio Platforms Limited and a global provider of open telecom solutions, acquired Mimosa Networks, a Santa Clara, CA-based provider of connectivity products, from Airspan Networks Holdings Inc (NYSE American: MIMO). The amount of the deal was not disclosed. With the acquisition, Radisys expand its offerings.

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1 Tech Stock You'll Be Glad You Bought When the Bull Market Starts

The Motley Fool

If you're getting your shopping list ready for the anticipated end of interest rate hikes and, perhaps, a new bull market, chip stocks are a reasonable place to look for robust growth. To that end, investors may choose to expand their geographic horizons and consider a share position in semiconductor manufacturing giant Taiwan Semiconductor Manufacturing (NYSE: TSM).

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Prosper Africa selects 4 more fund managers for catalytic partnerships

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Prosper Africa selects 4 more fund managers for catalytic partnerships first appeared on Africa Capital Digest.

Funds 52
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Airlines Are Pivoting to First-Class

The Motley Fool

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. People aren't just flying more, they're flying lux. Airlines also love it, even if they can't quite keep up. Now, Delta and United are working overtime to retrofit their aircraft to accommodate increased demand for premium, first-class tickets, according to CNBC.

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Mubadala and BlackRock lead equity and debt capital raise for Moove

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Mubadala and BlackRock lead equity and debt capital raise for Moove first appeared on Africa Capital Digest.

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Tilray Brands Stock: Bear vs. Bull

The Motley Fool

With shares of Tilray Brands (NASDAQ: TLRY) down by 43% in the past three years but up by a stunning 84% in the last 30 days, it's no surprise why the stock is a topic of fierce debate among investors. What's more, with its latest earnings report suggesting that its cannabis business is recovering from a long slump while its alcohol segment is firing on all cylinders, it's reasonable to reassess its merits as an investment if you declined to invest in the past.

Legal 246
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MassPRIM’s laser focus on fees

Top 1000 Funds

MassPRIM credits a crucial element of its investment success to a laser focus on controlling costs. Costs, alongside risk and return, comprise three philosophical pillars that shape investment and in the fiscal year 2024 cost saving measures include no-fee co-investments in private equity and direct investments in real estate.

Returns 52
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Banks Just Offered a Sobering Update to Wall Street, and It Likely Means a Big Move in Stocks Is on the Way

The Motley Fool

It's pretty amazing what a difference a year can make on Wall Street. Since this decade began, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) , broad-based S&P 500 (SNPINDEX: ^GSPC) , and growth-centric Nasdaq Composite (NASDAQINDEX: ^IXIC) , have been taken on nothing short of a roller-coaster ride that's changed dramatically with each passing year.

Banks 246
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11xAI Closes $2M Pre-Seed Funding

FinSMEs

11xAI, a London, UK-based company building automated digital workers, raised $2M in Pre-Seed funding. The round was led by Project A Ventures, with participation from No Label Ventures, Tiny Ventures, and Felipe Navio and Mandeep Singh. The company intends to use the funds to expand operations, its development efforts, launching two new digital workers, and […] The post 11xAI Closes $2M Pre-Seed Funding appeared first on FinSMEs.

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Rents Are Dropping for the First Time Since the Pandemic

The Motley Fool

Image source: Getty Images Renters can breathe a sigh of relief, as competition for apartments is about to ease. For the first time since the pandemic began, rents are dropping -- a glimmer of good news for those trying to make ends meet. Rental prices fell 0.5% year over year in May 2021 to a median of $1,739 a month in the 50 largest metropolitan areas, according to a recent report by Realtor.com®, While this may seem like a small decrease, it's a significant change from the price spikes seen

Financing 246
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Yubikey Authenticator

A VC: Musings of a VC in NYC

I got a new Pixel 7 last week and have started the tedious process of moving over to a new phone. One of the more painful chores in moving from one phone to another is moving the Google Authenticator app and all of the two factor codes to the new phone. My partner Nick told me about Yubikey Authenticator and I converted to it while moving phones since I was going to have to get all new codes anyway.

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A Bull Market Is Coming: 1 Unstoppable Artificial Intelligence Growth Stock to Buy Hand Over Fist and Hold Forever

The Motley Fool

After suffering through the worst market downturn in over a decade, investors are cautiously optimistic that 2023 will turn out differently. And thus far, anyway, there are reasons to be hopeful. Each major stock market index has rebounded by 20% or more from their troughs reached late last year. This has some pundits announcing the start of the next bull market, though not everyone agrees.

Stakes 246
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Keep Your Cats Happy With This $25 Automatic Toy

Entrepreneur - VC

It moves and balances on its own so your cats can play with it for hours.

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Is a Costco Executive Membership Worth It for a Family of 2?

The Motley Fool

Image source: Getty Images Recently, my spouse and I were checking out at Costco when we were flagged by an employee as good candidates for the Costco Executive membership -- you know, the membership that costs twice as much as a Gold Star but earns 2% back on all Costco purchases (up to $1,000 in rewards per 12-month period). She offered us the Executive membership for $50, which on top of the $60 we already paid for the Gold Star membership, would make our annual Costco membership $110 -- $10

Financing 246
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Exits for ECP, BIO, DEG, Proparco and others in Vista’s deal for Oragroup

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Exits for ECP, BIO, DEG, Proparco and others in Vista’s deal for Oragroup first appeared on Africa Capital Digest.

Capital 40
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2 Top-Tier Growth Stocks to Buy Now Before They Soar 101% and 178%, According to Wall Street

The Motley Fool

With investor sentiment on the upswing, the S&P 500 has climbed 16% year to date, a welcome turnaround after the index tumbled more than 19% in 2022. But that upbeat investor sentiment has yet to trickle down to some stocks, even though most analysts think it should. For instance, Wall Street strategists still predict substantial gains over the next 12 to 18 months for PayPal (NASDAQ: PYPL) and Sea Limited (NYSE: SE) shareholders.

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Capitalworks sells interest in IQbusiness to unit of JSE-listed Reunert

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Capitalworks sells interest in IQbusiness to unit of JSE-listed Reunert first appeared on Africa Capital Digest.

Capital 40
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A Bull Market Is Coming: 2 Solid Index Funds That Are Proven Moneymakers to Buy Now and Hold

The Motley Fool

Index funds are generally seen as boring alternatives to individual stocks, but investors should take care not to conflate boring investments with bad investments. A diversified index fund that tracks the right benchmark can simultaneously eliminate concentration risk and create substantial wealth for patient investors. Building on that idea, the Vanguard Total Stock Market ETF (NYSEMKT: VTI) and Vanguard Mega Cap Growth ETF (NYSEMKT: MGK) are proven moneymakers, and with the S&P 500 (SNPIND

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