Sun.Dec 17, 2023

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These 3 Stocks Have Made Warren Buffett the Most Money in 2023. Are They No-Brainer Buys for the New Year?

The Motley Fool

Nearly $121 billion. That's how much Warren Buffett is worth at the time of this writing. The total is substantially more than it was 12 months ago thanks to Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) solid gains this year. But Berkshire Hathaway's gains stemmed in large part from great performances from several of its equity holdings. These three stocks have made Buffett the most money in 2023. 1.

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Staying the Course is Harder Than it Sounds

A Wealth of Common Sense

After suffering drawdowns of 21%, 25% and 35% in the bear market of 2022, the Dow, S&P 500 and Nasdaq 100 all broke even on a total return basis this week: Sure that means these markets went nowhere for nearly two years but just look at the returns since the start of 2020: Considering everything we’ve lived through those returns are not bad at all.

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1 Artificial Intelligence (AI) Growth Stock That Created Many Millionaires, and Will Continue to Make More

The Motley Fool

The stock market is a wealth-generating machine over the long term, even for conservative investors who buy index funds. But absolute fortunes have come to investors who took a chance on the most innovative technology stocks over the past few decades. Nvidia (NASDAQ: NVDA) was founded in 1993. It went public six years later in 1999 with a market valuation of $625 million.

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CurbWaste Raises $10M in Series A Funding

FinSMEs

CurbWaste, a New York-based provider of a waste management payments software platform, raised $10m in Series A funding. The round was led by Flourish Ventures, with participation from TTV Capital, Mucker Capital, and B Capital. The company, which has raised a total of $20m, intends to use the funds to continue to expand operations and its business reach. […] The post CurbWaste Raises $10M in Series A Funding appeared first on FinSMEs.

Funds 117
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3 Little-Known Social Security Rules Everybody Must Know

The Motley Fool

Social Security is a complex program that, as you might imagine, is loaded with different rules. And some of those rules are fairly well-known. You might, for example, be aware that if you sign up for Social Security before having reached full retirement age (FRA), your monthly benefits will be permanently reduced. You may also be aware that if you delay your Social Security filing past FRA, you'll accrue delayed retirement credits up to a certain point that could boost your monthly benefits sub

Education 246
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Totus Medicines Closes $66M Series B Funding

FinSMEs

Totus Medicines, an Emeryville, CA-based small molecule drug discovery and development company using covalent libraries and AI tools, closed a $66M Series B financing. The round was led by DCVC Bio with participation from North Pond Ventures, Camford Capital, and the Regents of the University of Minnesota. Proceeds from the Series B financing will be used to advance Totus’ […] The post Totus Medicines Closes $66M Series B Funding appeared first on FinSMEs.

Funds 117

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Tempello Raises Pre-Seed Funding from Founders Innovation Group

FinSMEs

Tempello, a San Diego, CA-based AI-driven legal technology company, raised a pre-seed funding of undisclosed amount. Founders Innovation Group provided the funding. The company is using the funds to expand operations and its development efforts. Led by CEO Jeff Dracup, Tempello is a legal tech company advancing an AI-driven solution designed to optimize law firm […] The post Tempello Raises Pre-Seed Funding from Founders Innovation Group appeared first on FinSMEs.

Law Firms 108
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Here's the Average Social Security Benefit for Retirees at Age 70

The Motley Fool

The Retirement Confidence Survey (RCS), conducted annually by the Employee Benefit Research Institute, assesses how confident workers and retirees are in their ability to live comfortably in retirement. The 2023 RCS showed the biggest drop in confidence since the Great Recession, and the primary culprit was financial hardship caused by inflation. A bigger Social Security benefit can lessen financial hardships in retirement, and one way to score a bigger benefit is to delay Social Security.

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Crowda Extends Pre-Seed Funding to $2M

FinSMEs

Crowda, an Austin, TX-based AI-powered platform connecting investors with real estate developers, announced the extension of its Pre-Seed funding round to $2m. Backers included key players in real estate development, including Land Services Group, KMB, Skyline Development, LEA4 Development, and LSG Partners. This increased investment further empowers the company to advance its AI algorithms, expand […] The post Crowda Extends Pre-Seed Funding to $2M appeared first on FinSMEs.

Funds 106
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5 Retirement Hacks Everyone Should Leverage in 2024

The Motley Fool

Retirement planning is for everyone. You're never too young or too old to get started. You may have your financial future in mind as you prepare for a new year in 2024. Planning for life after your working career can seem daunting. But everyone can take action to make it easier on themselves. So keep these five retirement savings hacks in mind. They could significantly impact your financial fortune this year and beyond.

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Condition yourself for change and opportunity

Million Dollar Round Table (MDRT)

By Meridith Elliott Powell Change can be your greatest opportunity if you see it coming. If you ignore change, it will bury you. Change is like a muscle, and the more you work it, the more you think about it, the more you talk about it, the more prepared for change you are going to be. You need to condition yourself for change, which you can do using a tool called a SCEPTIC, which stands for Society Competition Economics Politics Technology Industry Customers Here is how it works: Every few mont

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What to Expect From QuantumScape in 2024

The Motley Fool

Battery tech start-up Quantumscape (NYSE: QS) has made a lot of progress but is still short of commercial production. In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss its progress so far, what's next, and their expectations for 2024. *Stock prices used were from the afternoon of Dec. 13, 2023. The video was published on Dec. 16, 2023.

Returns 246
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At COP28, financial sector innovation bolsters headlines

Top 1000 Funds

COP28 in Dubai had all the ingredients for both decisive action and controversy, given the UAE's status as a significant fossil fuel producer. But importantly for this sector there was also financial innovation on display. FCLTGlobal’s Olivier Leblue highlights some of the fund managers showing ingenuity at COP28.

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Zillow Says Homeowners Will Change Their Opinion About 1 Important Thing Next Year

The Motley Fool

Image source: Getty Images I've been sitting out on the sidelines of the housing market for a while now, waiting to see if conditions will improve -- and I'm not alone. More than half of potential home buyers are waiting for lower mortgage interest rates or for housing prices to fall before they consider buying. But Zillow economists think a shift is happening among homeowners that could change that market.

Funds 246
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Urban Sports Club Raises €95M in Funding

FinSMEs

Urban Sports Club, a Berlin, Germany-based platform for sports and wellness, raised €95m in funding. The round was led by Verdane, with participation from existing investors such as HV Capital and ProSiebenSat1. Led by Moritz Kreppel, CEO, Urban Sports Club is a platform for sports and wellness dedicated to inspiring people to live healthy and active […] The post Urban Sports Club Raises €95M in Funding appeared first on FinSMEs.

Funds 62
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3 Vanguard ETFs Investors Couldn't Get Enough of in 2023 and the 1 I'd Buy for 2024

The Motley Fool

Index funds are an increasingly popular way for anyone from beginners to seasoned investors to put their money to work in the financial markets. Just like previous years, 2023 saw investors pile trillions of dollars into index funds and ETFs. Vanguard, which created the first index fund almost 50 years ago, saw investors add over $155 billion to its ETFs alone this year, far surpassing any other fund company.

Investors 246
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/Reach Raises $1M in Funding

FinSMEs

/Reach, a social-fi innovation company to ‘fix Crypto Twitter’, raised $1m in seed funding on chain in less than 24 hours. Backers included a number of public facing figures including Seedphrase, Zeneca, Pranksy, Gmoney, Dingaling, and Mooncat2878. Co-founded by L’anamour and 8an, /Reach is advancing a simplified, automated, permissionless protocol for quality engagement rewarding, powered by $REACH.

Funds 62
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History Suggests the Nasdaq Could Soar in 2024, and Here's the Stock to Buy If It Does

The Motley Fool

In the 37-year history of the Nasdaq-100 index, it has only posted a loss in consecutive years on one occasion: during the dot-com tech crash from 2000 to 2002. Therefore, when the index plunged 33% last year, a rebound in 2023 was the likely outcome. True to history, the Nasdaq-100 has absolutely ripped higher with a 52% gain this year. Macroeconomic headwinds, like inflation and interest rate pressures, eased, which was helpful.

Returns 246
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Lenoss Medical Receives Investment from Xcellerant Ventures

FinSMEs

Xcellerant Ventures invested in Lenoss Medical, a Providence, Rhode Island-based provider of an innovative system for the treatment of spinal fractures. The amount of the deal was not disclosed. The company intends to use the funds to accelerate its OsteoPearl commercial and development strategies providing physicians a biological option for treating osteoporotic Vertebral Compression fractures. […] The post Lenoss Medical Receives Investment from Xcellerant Ventures appeared first on FinS

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History Says the Nasdaq Will Surge in 2024: 1 Stock-Split Stock to Buy Before It Does

The Motley Fool

There's no doubt that 2022 will go down in history as one of the toughest years on record for Wall Street, but markets appear to have turned the corner. After tumbling more than 35% in 2022, the Nasdaq Composite has rebounded with a vengeance, gaining 39% thus far in 2023 (as of market close on Tuesday). Investors who are students of history will know the surge will likely continue.

Stakes 246
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Orbex Receives £3.3M as Part of European Space Agency’s Boost! Initiative

FinSMEs

Orbex, a Forres, UK-based orbital launch services company, has been awarded £3.3m in funding. The amount was provided by the UK Space Agency as part of the European Space Agency’s (ESA’s) “Boost!” initiative. The initiative, which is part of ESA’s Commercial Space Transportation Services and Support programme, is designed to further the development of world-leading […] The post Orbex Receives £3.3M as Part of European Space Agency’s Boost!

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Should You Worry About the Latest Wave of Bad News from Pfizer?

The Motley Fool

Earlier in the pandemic, Pfizer (NYSE: PFE) stood out as an earnings and stock-market star thanks to its leading coronavirus vaccine and treatment. But these days, those products are weighing on growth -- and pushing some investors to flee the stock. That's because, as we head toward a post-pandemic world, demand for those blockbusters is on the decline.

Prospects 246
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InfraCo Africa financing to support affordable cold storage solution

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post InfraCo Africa financing to support affordable cold storage solution first appeared on Africa Capital Digest.

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57.7% of Warren Buffett's $375 Billion Portfolio Is Invested in These 2 Dividend-Paying Stocks

The Motley Fool

According to Warren Buffett, "All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies." Luckily for us everyday investors, you don't need Berkshire Hathaway 's resources to separate good companies from businesses that are best avoided. Just look for dividend payers that keep raising their payouts.

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Criterion Africa Partners seals tenth deal for second forestry fund

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Criterion Africa Partners seals tenth deal for second forestry fund first appeared on Africa Capital Digest.

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Here's Why You Should Fund an HSA Before a Traditional IRA or 401(k)

The Motley Fool

With a massive enough salary, maxing out an HSA as well as a traditional IRA or 401(k) would perhaps be doable year after year. But if you earn more of an average wage, then you may have to set priorities when it comes to funding these tax-advantaged accounts. You may be inclined to first try to max out a traditional IRA or 401(k) plan before funding an HSA since that money can be used for any purpose in retirement, whereas an HSA is supposed to be earmarked for healthcare expenses.

Funds 246
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Old Mutual Alternatives holds second close for education fund

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Old Mutual Alternatives holds second close for education fund first appeared on Africa Capital Digest.

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Inflation Is Small Business Owners' Top Concern. Will It Get Better in 2024?

The Motley Fool

Image source: Getty Images It's been a tough year to run a business, no matter your line of work. High borrowing costs have made even modest credit card balances burdensome for small business owners, and many continue to have big concerns heading into 2024. Now the goods news is that small business owners are finally getting some relief from issues that were impacting their supply chains, according to a recent Bank of America survey.

Banks 246
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Proparco and 27four buy significant minority stakes in affordable housing firm

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Proparco and 27four buy significant minority stakes in affordable housing firm first appeared on Africa Capital Digest.

Stakes 52
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It's Almost 2024: 3 Top Stocks to Buy Before the New Year

The Motley Fool

A new investing year is almost here, and now is a great time to prepare. It's impossible to predict which stocks will climb the most in 2024 or whether the overall market will soar. But, if you choose stocks that offer solid long-term prospects and trade at reasonable prices now, you're preparing your portfolio for strength no matter what 2024 brings -- and a possible win over the long haul.

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Clinisupplies Acquires Aquaflush TAI Portfolio to Continue Building a Leading Chronic Care Organisation

KKR

LONDON--(BUSINESS WIRE)-- Clinisupplies Limited (“Clinisupplies”), a leading manufacturer and supplier of continence care consumables, today announced the acquisition of the Aquaflush transanal irrigation (“TAI”) business from Renew Medical Inc. and Renew Medical UK Limited, a US and UK manufacturer of continence products (together “Renew”). The acquisition of the Aquaflush TAI range will.

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This Forecasting Tool Hasn't Been Wrong in 70 Years, and It Has a Warning for Wall Street

The Motley Fool

Pardon the cliché, but Wall Street's only given in the short-term is that there is no such thing as a given. Since this decade began, the ageless Dow Jones Industrial Average (DJINDICES: ^DJI) , broad-based S&P 500 (SNPINDEX: ^GSPC) , and growth-propelled Nasdaq Composite (NASDAQINDEX: ^IXIC) , have traded off bear and bull markets in successive years.

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KKR to Invest $400 Million in Leading Neutral Subsea Telecommunications Cable Services Provider OMS Group

KKR

Transaction builds on KKR’s strong momentum in Southeast Asia digital infrastructure SINGAPORE--(BUSINESS WIRE)-- KKR, a leading global investment firm, and the parent company of OMS Group (or the “Company”), a leading telecom infrastructure company and provider of subsea cable services, today announced the signing of definitive agreements under which KKR will commit $400 million in a tailored.

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4 Ways to Grow $100,000 Into $1 Million for Retirement Savings

The Motley Fool

Getting started is one of the toughest parts of investing. You have to figure out how to free up money to sock away, get a process in place to actually put your money to work, and learn to handle the ups and downs in the market. Once you have a good foundation in place, though, investing becomes much more straightforward. Not only are you more prepared as an investor, but your money can also start doing some of the heavy lifting on your behalf, thanks to the long-term benefits of compounding.

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