Sun.Mar 24, 2024

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This Is the Average Social Security Benefit for Age 70

The Motley Fool

The majority of personal finance experts agree that waiting until you turn 70 to claim Social Security is a good bet. The advantage of waiting until 70 is clear: You get much bigger monthly checks. While you can claim benefits based on your own work record starting at age 62, you'll receive slightly bigger checks every month you delay beyond that. And the difference can add up.

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How Bad is Wealth Inequality in America?

A Wealth of Common Sense

Last week I wrote about how the collective net worth of Americans is at a new all-time high. A reader asked a fair follow-up question: I’d be interested in seeing the concentration of that net worth though…I’m guessing it’s an inverted direction. Just because many households are richer than ever doesn’t mean all of them are.

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Forget Buying a Rental Property: Investing $50,000 in These Ultra-High Dividend Yield Stocks Could Make You $4,500 in Passive Income

The Motley Fool

The internet is awash with claims that the secret to financial independence is buying real estate and renting it out as "passive" income. The problem with real estate investing is that it is not as passive as the internet claims. Maintaining a rental property requires work, as landlords must manage tenants, fix damage, and continuously search for occupants.

Stakes 246
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‘War on woke’ fails to damage the appeal of sustainable ETFs

Financial Times: Moral Money

Political rows may have slowed fund launches in US, but European investors are still investing in line with principles

Funds 111
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If You Like Enterprise Products Partners' 7.2%-Yielding Payout, You Should Check Out Its 8.3%-Yielding Rival

The Motley Fool

Enterprise Products Partners (NYSE: EPD) is one of the more popular energy stocks. A big driver of its popularity is its big-time payout. The master limited partnership (MLP) currently offers a 7.2%-yielding distribution. Further, the company has increased its payment for 25 straight years. Investors who like Enterprise Products Partners (and understand the tax complexities of owning an MLP ) should check out fellow MLP MPLX (NYSE: MPLX).

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Infrastructure: from investment backwater to a $1tn asset class

Financial Times M&A

Early movers profited from unloved assets, but higher interest rates and more competition mean windfalls will become harder to achieve

Assets 107

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Get talked about and attract unsolicited referrals

Million Dollar Round Table (MDRT)

By Sandy Schussel Most financial advisors occasionally receive an unsolicited referral from a client or another professional. Any advisor would want to make that happen more often, yet it appears random. You didn’t seem to do anything special to make it happen. What if, however, there was something special you could do that would drive many more referrals to you?

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Is It Too Late to Buy Meta Platforms Stock?

The Motley Fool

Many tech stocks surged over the past year thanks to factors such as the artificial intelligence (AI) boom. One stock that more than doubled in that time is Meta Platforms (NASDAQ: META). The Facebook parent was at a 52-week low of $197.90 last March, but made an incredible reversal, and this March, it reached a high of $523.57. Shares have retreated from that, so is now the time to buy?

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Injaro sells animal feed business to trade buyer

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Injaro sells animal feed business to trade buyer first appeared on Africa Capital Digest.

Capital 52
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Could This Artificial Intelligence (AI) Fintech Be 1 of 2024's Largest IPOs?

The Motley Fool

After a tumultuous two-year period for initial public offerings ( IPOs ), signs point to a potential turnaround for the market. On March 21, Reddit made its public debut, and it is a big test to see how markets respond to new issuers. One company discussing plans for a 2024 IPO is Klarna, the European buy now, pay later company. Klarna aims to be the " artificial intelligence (AI) bank" and eyes a $20 billion valuation when it goes public.

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P1 Ventures holds second close with IFC backing

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post P1 Ventures holds second close with IFC backing first appeared on Africa Capital Digest.

Capital 52
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3 Secrets of 401(k) Millionaires

The Motley Fool

If you want to retire a millionaire, your 401(k) can be an incredibly powerful tool to get you there. Indeed, if you use it well, you might even be able to reach millionaire status just from your 401(k) plan on its own. Yet as powerful as a well-invested 401(k) plan can be, it's not a magic money making machine. You need to use it properly for it to give you your best shot of building that million-dollar nest egg.

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EIB considers investment in $3 billion renewable energy infra fund

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post EIB considers investment in $3 billion renewable energy infra fund first appeared on Africa Capital Digest.

Funds 52
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1 Monster Growth Stock Up 1,500% in 10 Years Is Still a Top Buy in 2024, According to Select Wall Street Analysts

The Motley Fool

MercadoLibre (NASDAQ: MELI) is the largest e-commerce company in Latin America, a title that has drawn comparisons to Amazon. But the similarities run deeper. MercadoLibre may not have a cloud computing business, but it has developed an ecosystem of services that support its marketplace and create additional monetization opportunities. MercadoLibre's decision to follow the Amazon blueprint has paid off in spades for investors.

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Ninety One lands IFC commitment for private credit fund

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Ninety One lands IFC commitment for private credit fund first appeared on Africa Capital Digest.

Funds 52
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A Once-in-a-Generation Investment Opportunity: 1 Artificial Intelligence (AI) Growth Stock to Buy Now and Hold Forever

The Motley Fool

There's been a great deal of buzz over the past year or so about the impact of artificial intelligence (AI). The consensus is that these recent advances are groundbreaking and will increase human productivity severalfold by automating a growing number of otherwise time-consuming tasks. As businesses scramble to profit from these advances, some fear the market has entered an AI bubble.

Investing 246
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Actis leads buyout of South African tower portfolio from Telkom

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Actis leads buyout of South African tower portfolio from Telkom first appeared on Africa Capital Digest.

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1 No-Brainer Growth Stock to Buy Now With $100 and Hold Through 2024 (and Beyond)

The Motley Fool

The Nasdaq Composite index has been on fire. As of this writing, it has surged 57% since the start of 2023, and it's up about 9% just this year. Investors are showing bullish sentiment as they are optimistic about the state of the economy. You might think, therefore, that there aren't attractive buying opportunities. But that's just not true. Investors can certainly find compelling businesses.

Banks 246
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Investors urged to allocate more and get boots on the ground in Asia

Top 1000 Funds

The economic fundamentals of Asia dictate that asset owners should lift their allocations to the region, and a panel at the Fiduciary Investors Symposium - including chief of APG in the region - heard the best way to exploit the emerging opportunities is to have investment professionals on the ground.

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1 Beaten-Down S&P 500 Dividend King to Buy and Hold Forever

The Motley Fool

PepsiCo 's (NASDAQ: PEP) shares have had more fizzle than fizz recently. The stock has fallen more than 10% from its peak over the last 12 months. Meanwhile, the S&P 500 index has soared over 30% during the same period. Don't pour Pepsi down the drain just yet, though. Here's why this beaten-down S&P 500 Dividend King is a stock you can buy and hold forever.

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Camco unveils TAF to support REPP 2 investment and impact goals

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Camco unveils TAF to support REPP 2 investment and impact goals first appeared on Africa Capital Digest.

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Should You Invest Your Retirement Savings in CDs?

The Motley Fool

In 2022 and 2023, the Federal Reserve raised interest rates numerous times in an effort to cool inflation. That's resulted in higher borrowing costs for consumers, which isn't a great thing. But on the plus side, higher interest rates mean that savers can now earn more in a CD. And that might seem like a hard opportunity to pass up. Many banks are offering CDs with yields between the 4% and 5% mark, depending on term.

Investing 246
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Afreximbank opens Kigali office for FEDA

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Afreximbank opens Kigali office for FEDA first appeared on Africa Capital Digest.

Capital 52
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Can Whole Life Insurance Take the Place of Retirement Savings?

The Motley Fool

If you have people in your life who depend on you financially, then it's generally a good idea to put some sort of life insurance policy in place. That way, in the event of your sudden passing, your beneficiaries will be entitled to a payday that could help them survive in the absence of your income. You may be of the impression that whole life insurance is a better bet for you than term life.

Taxes 246
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Flourish Ventures and TLcom Capital co-lead Zone’s seed round

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Flourish Ventures and TLcom Capital co-lead Zone’s seed round first appeared on Africa Capital Digest.

Capital 40
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2 Stocks That Could Create Lasting Generational Wealth

The Motley Fool

Artificial intelligence (AI) has emerged as a force to reckon with in the modern economy and is transforming the lives of people across the world. Not surprisingly, AI has also become a major investment trend and has piqued the interest of seasoned and new investors. While several companies now boast cutting-edge AI-powered technologies and solutions, it is also essential for investors to consider other aspects such as market share, competitive advantages, and scalability of the business.

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Optio Investment Partners, Kennedy Lewis Investment Management and KKR announce multi-year financing agreement

KKR

Stockholm and London, 23 January, 2024 – Optio Investment Partners (“Optio”), an innovative credit platform, Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading alternative credit manager, and KKR, a leading global investment firm, today announced a multi-year, multi-jurisdiction agreement. Under this agreement, Kennedy Lewis and KKR will provide asset-based funding to support the Optio Auto Evolution strategy, driving next generation auto financing.

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Planning to Retire at 65? 3 Things You Need to Know

The Motley Fool

There's no such thing as an official retirement age in the U.S. As such, workers can opt to stay in the labor force for as long as they choose, or as long as their health allows. You may, however, have your sights on retiring at age 65. And that's not necessarily a poor choice. But if your plans have you wrapping up your career at 65, here are a few things you should know.

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KKR Closes US$6.4 Billion Asia Pacific Infrastructure Investors II Fund

KKR

Fund is largest pan-regional infrastructure fund to have been raised for Asia Pacific More than half of the Fund already invested or committed across ~10 investments HONG KONG--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the final close of KKR Asia Pacific Infrastructure Investors II SCSp (the “Fund”), a US$6.4 billion fund focused on infrastructure-related.

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Will This Be the Shortest Bull Market on Record? These 2 Recession Indicators Point to Yes.

The Motley Fool

Just two months ago, the new bull market became official. The S&P 500 closed at a new all-time high of 4,839.81 on Jan. 19, and the broad market index has continued to rally since then, up more than 10% year to date at recent prices. Investors have fully embraced the new bull market, driven by the boom in artificial intelligence (AI) and expectations that interest rates will come down, according to the Federal Reserve's own forecast.

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ContourGlobal appoints Antonio Cammisecra as Chief Executive Officer

KKR

London, 5 February 2024 – ContourGlobal Ltd. (“ContourGlobal”), a developer, owner and operator of power generation assets around the world, today announces the appointment of Antonio Cammisecra as CEO, effective 2 February, 2024.

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A Once-in-a-Generation Investment Opportunity: 1 AI Stock to Buy Now

The Motley Fool

Many have called data the new oil. The digital economy runs on data. Information is crucial to digital technology, especially artificial intelligence (AI) applications. And that means the world needs more infrastructure to support the movement and processing of data. "We're in a once-in-a-generation investment cycle for data centers at the moment," stated Felix Chan, a speaker at Brookfield Infrastructure 's (NYSE: BIPC) (NYSE: BIP) annual investor day last year.

Investing 244
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Admaius chooses health and wellness firm for fund’s third deal

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Admaius chooses health and wellness firm for fund’s third deal first appeared on Africa Capital Digest.

Capital 40
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A Once-in-a-Generation Investment Opportunity: 1 Warren Buffett Artificial Intelligence (AI) Stock to Keep an Eye On

The Motley Fool

Warren Buffett, despite long avoiding the technology sector, has made Apple (NASDAQ: AAPL) the largest holding at the conglomerate he heads, Berkshire Hathaway. No, the Oracle of Omaha didn't pour into the iPhone maker over hype surrounding artificial intelligence (AI). Buffett has owned Apple since 2016, long before the AI narrative was taking shape.

Investing 244