Sun.Sep 17, 2023

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Pros and Cons of Using Your 401K to Buy a House

Entrepreneur - VC

Saving for a down payment on a house is often not an easy task. A down payment can be a substantial amount of money, depending on the price of the.

Financing 145
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How Rich Are American Households?

A Wealth of Common Sense

The Federal Reserve has tracked household balance sheet data going back to 1952. Each quarter they provide details on total financial assets and liabilities for households and nonprofit organizations. This data doesn’t tell us where the economy is heading but it can help understand how Americans are generally positioned for whatever happens next.

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Superorder Raises $10M in Series A Funding

FinSMEs

Superorder (fka Forward Kitchens), a New York based provider of growth management tools to restaurants, raised $10m in Series A and angel funding. The round was led by Foundation Capital with participation from Michael Seibel (Managing Director of Y Combinator), Kyle Vogt (Cofounder CEO Cruise), Jon Swanson (Chairman Thumbtack), James Beshara (Founder MagicMind), BBQ Capital, I2BF Global […] The post Superorder Raises $10M in Series A Funding appeared first on FinSMEs.

Funds 115
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Private equity M&A set to whittle sector down to 100 ‘next-generation’ firms

Financial Times M&A

Split between managers that can raise money and those that cannot will lead to consolidation, predicts Partners Group CEO

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Learn.xyz Raises $3M in Seed Funding

FinSMEs

Learn.xyz, a San Francisco, CA-based generative AI learning startup, closed a $3m seed financing round. The round was led by Blockchange Ventures with participation from Borderless Capital, Vanagon Ventures, w3.fund, and Power of N, as well as individuals including LinkedIn CEO Ryan Roslansky and Go1 Founder Andrew Barnes. Led by CEO and Co-Founder Christian Byza, and CTO and Co-Founder Arndt Voges, the company also announced the launch of […] The post Learn.xyz Raises $3M in Seed Funding

Funds 115
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2 Major Social Security Changes Coming in 2024 May Surprise Most Americans

The Motley Fool

In October, the Social Security Administration will issue a press release detailing major changes to the Social Security program in 2024. A similar announcement is made around the same time each year, because certain aspects of the program are adjusted annually to account for changes in wages and inflation. Even so, a recent survey from Nationwide Retirement Institute suggests that many Americans could be blindsided by some of the revisions.

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Warren Buffett's AI Bets: 46.1% of Berkshire Hathaway's $353 Billion Stock Portfolio Is Held in These 2 Artificial Intelligence (AI) Growth Stocks

The Motley Fool

Berkshire Hathaway CEO Warren Buffett is most famous for his legendary success as a value investor. On the other hand, 46.1% of his company's $353 billion stock portfolio is actually held in just two artificial intelligence (AI) growth stocks right now. To shed some light on how the Oracle of Omaha's current bets on AI are positioned, two Motley Fool contributors have profiled a top AI stock in the investment conglomerate's portfolio.

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Enhancing Your Employee Productivity

Entrepreneur - VC

Companies need more productive employees than ever to succeed in today’s competitive marketplace. A productive employee can do their job efficiently and effectively. Furthermore, they consistently achieve or exceed expectations.

Companies 142
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Analyst: Apple Stock Could Soar to $240

The Motley Fool

Following Apple 's (NASDAQ: AAPL) iPhone launch event last week, Wall Street analysts shared some insightful thoughts on the new products and their potential to help the tech giant's business. In general, analysts seem quite bullish after watching Apple's latest product announcements. Several analysts even raised their 12-month price targets for the stock.

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A metaphor for HNW clients who don’t think they need insurance

Million Dollar Round Table (MDRT)

By Yung Sze Hon Solomon If a client or prospect doesn’t understand why they need additional medical insurance policies, I use the following metaphor. I have a bad habit of not bringing an umbrella when I go out, and yet sometimes it rains. And when it rains, I pick up a newspaper to protect myself from the rain. When the rain is heavy, my newspaper gets soaked, turns into pieces and I get wet.

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Social Security's 2024 COLA Is Shaping Up to Be a Double-Edged Sword for Retirees

The Motley Fool

The most important day of the year for Social Security's nearly 67 million beneficiaries is now just 25 days away. On Thursday, Oct. 12, 2023, the U.S. Bureau of Labor Statistics (BLS) will release the September inflation report. This report provides the final puzzle piece needed to calculate Social Security's cost-of-living adjustment (COLA) for the upcoming year.

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Light Up Your Space with More Than 16 Million Color Choices on This Floor Lamp for Only $70

Entrepreneur - VC

This minimalist floor lamp can create a look or a mood that can easily be switched to something different.

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3 Predictions for Virgin Galactic Stock

The Motley Fool

Virgin Galactic (NYSE: SPCE) has seen its stock price drop to near penny stock territory, and that leaves fewer options to fund operations in the future. In this video, Travis Hoium covers three ways the company can raise cash and ultimately reach profitability. *Stock prices used were end-of-day prices of Sept. 12, 2023. The video was published on Sept. 13, 2023. 10 stocks we like better than Virgin Galactic When our analyst team has a stock tip, it can pay to listen.

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The Sporting News Raises $15M in Funding

FinSMEs

The Sporting News, a Charlotte, NC-based sports media and sports publisher, raised $15M in funding. The round was led by LSE-traded Playtech. The company intends to use the funds to facilitate the growth of the brand and pivot the TSN business to being more transactionally-led. Led by CEO Rich Routman, TSN is a destination for […] The post The Sporting News Raises $15M in Funding appeared first on FinSMEs.

Funds 71
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2024 Is Coming: The Nasdaq-100 Technology Index Could Soar Next Year, According to History

The Motley Fool

The stock market has sent investors on a roller-coaster ride over the past few years. Ultra-low interest rates and pandemic-induced government stimulus sent the Nasdaq-100 technology index into rally mode during 2020 and 2021. But last year, the U.S. Federal Reserve began to aggressively tighten monetary policy, which sent the index plunging 33% for the year.

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Le Petit Lunetier Raises USD4M in Equity Funding

FinSMEs

Le Petit Lunetier, a Paris, France-based eyewear brand, raised USD4M in Equity funding. The round was led by Neso Brands. Following the investment, Bjorn Bergstrom, CEO & co-founder of Neso Brands, and Peyush Bansal, co-founder of Neso Brands and CEO of the Lenskart Group, will join Le Petit Lunetier’s board of directors. The company intends […] The post Le Petit Lunetier Raises USD4M in Equity Funding appeared first on FinSMEs.

Funds 71
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1 Tiny Cybersecurity Stock You Need to Know About Now -- Is It About to Soar?

The Motley Fool

Cybersecurity (or lack thereof) continues to make headlines. Vulnerabilities in ironically named Progress Software 's MOVEit data-transfer service managed to expose the personal information of at least 60 million people. Meanwhile, over in Las Vegas, MGM Resorts and Caesars Entertainment were also recently hit by hackers. Even in 2023, lots of companies still need help with better cybersecurity services and procedures.

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Linear Raises $35M in Series B Funding

FinSMEs

Linear, a San Francisco, CA-based provider of a project and issue tracking system that teams, raised $35M in Series B funding. The round was led by Accel, with participation from Sequoia Capital, 01Advisors, Kenneth Auchenberg, Koen Bok, Christina Cacioppo, Jorn van Dijk, Claire Hughes Johnson, Akash Garg, Robert Gentz, Gavin Weigh, Cal Henderson, Immad Akhund, […] The post Linear Raises $35M in Series B Funding appeared first on FinSMEs.

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Can Nvidia Live Up to Its Sky-High Expectations?

The Motley Fool

No other company has seen as much of a business transformation as Nvidia (NASDAQ: NVDA) in 2023. Throughout 2022, Nvidia's sales were falling. However, thanks to unprecedented demand for its GPUs (graphics processing units), Nvidia has come roaring back and is now one of the top stocks to own in 2023. But Nvidia's performance hasn't completely been due to business gains, as there are a lot of lofty expectations built into its stock price.

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Florida SBA hikes pay levels; portfolio managers gain most

Top 1000 Funds

Florida State Board of Administration hikes pay for all its employees to bring compensation in line with the midpoint at peer funds. Early stage portfolio managers see the sharpest rises reflecting competition in that corner of the market but the SBA is also paying more to its back office staff.

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1 Incredible Artificial Intelligence (AI) Stock Down 17% to Buy Hand Over Fist Right Now

The Motley Fool

The past year has been a terrible one for SentinelOne (NYSE: S) investors. Shares of the cybersecurity provider have fallen 17% even as the company has grown at a breathtaking pace. But this could be an opportunity for savvy investors to buy a potential artificial intelligence (AI) winner at a relatively attractive valuation. One of the reasons SentinelOne has struggled is because of the massive beating it took in June after missing Wall Street's quarterly targets.

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Market Morning Notes For 18th Sept 2023

Fintoo

Markets for the week extended gains for the third straight week with Sensex closing at all-time high on Friday ahead of crucial U.S Federal Reserve meet on expectations that the Fed would pause further rate hikes. The Nifty after the recent move has tested the weekly resistance line extended from intermediate peaks hence would be […] The post Market Morning Notes For 18th Sept 2023 appeared first on Fintoo Blog.

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Got $2,500? 2 Top Stocks That You Can Buy and Hold for a Lifetime

The Motley Fool

The process of investing can be described as simple, but not easy. An investor can accrue outsize gains simply by buying index funds over time, for example, or by building a portfolio packed with high-quality businesses and holding on for many decades. The hard part comes when trying to identify those superb businesses beforehand. It's also a challenge for many investors to hold stocks through the ups and downs of intense market volatility.

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Beltone Ventures buys stake in Ariika at $5mln valuation

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Beltone Ventures buys stake in Ariika at $5mln valuation first appeared on Africa Capital Digest.

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3 Brilliant Warren Buffett Acquisitions

The Motley Fool

Motley Fool contributors Jason Hall and Tyler Crowe have spent years investing in and singing the praises of homebuilder stocks. It feels like maybe the word is finally getting out. In this video, they discuss three recent investments made by Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) into three of the largest: NVR (NYSE: NVR) , D.R. Horton (NYSE: DHI) , and Lennar (NYSE: LEN) (NYSE: LEN.B) , and whether investors should follow suit.

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RMB Ventures and ACV team up to drive climate returns in current and future investments

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post RMB Ventures and ACV team up to drive climate returns in current and future investments first appeared on Africa Capital Digest.

Returns 52
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Where Will Nvidia Stock Be in 5 Years?

The Motley Fool

Over the last five years, Nvidia (NASDAQ: NVDA) investors have been on a roller coaster ride as shares careened from boom to bust and back. And while the chipmaker ended the period up a whopping 562%, the ride was far from easy. Let's explore what Nvidia's next five years could look like and decide if now is a good time to bet on the stock. A new period of super-growth and competition Analysts at Price Waterhouse Coopers expect artificial intelligence (AI) to contribute $15.7 trillion to the glo

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Belgian DFI names new CEO to succeed Zonneveld

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Belgian DFI names new CEO to succeed Zonneveld first appeared on Africa Capital Digest.

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Is Now the Time to Collect Social Security? 5 Green Lights to Watch For.

The Motley Fool

Social Security is big business, and crucial to many Americans, sending out more than $113 billion each month to more than 66 million beneficiaries. The average total retirement benefit going to a retired couple age 62 or older was $2,952 as of June, providing about $35,400 in annual income. The average retirement benefit per person was recently $1,828 as of June, totaling around $22,000 on an annual basis.

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Income Stock of the Week: KB Financial Group (KB)

Entrepreneur - VC

One of the best ways to address risk is through diversity.

Banks 139
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Is Aurora Cannabis Stock a Buy Now?

The Motley Fool

Aurora Cannabis (NASDAQ: ACB) has perhaps been the most disappointing pot stock since Canada legalized adult recreational uses of marijuana back in 2018 -- and that's saying something. The company was initially seen as one of the frontrunners in the race to dominate this field, but things haven't turned out so well. But could Aurora Cannabis be on the verge of making a comeback?

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This 3-in-1 Cable Can Charge Your Apple Devices, and It's on Sale for $25

Entrepreneur - VC

Charge your iPhone, AirPods, and Apple Watch.

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When You Look Back in a Few Years, You Might Wish You'd Bought This Trillion-Dollar AI Stock

The Motley Fool

The world's most popular search engine, Google, was founded in 1998. And as the platform continued to become more dominant, the company invested aggressively in new areas of the technology industry to fuel growth. To better reflect the increasingly diverse nature of the business, it established a parent organization called Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) in 2015, which is now home to Google Search and all of its other businesses, including Google Cloud and YouTube.

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Blue chip venture investors invest in Emata’s seed round

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Blue chip venture investors invest in Emata’s seed round first appeared on Africa Capital Digest.