Sat.Oct 05, 2024 - Fri.Oct 11, 2024

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I'm a New Costco Member. Here Are 5 Things I Noticed on My First Visit

The Motley Fool

Image source: Getty Images After much hemming and hawing, I finally joined Costco via its website a few weeks ago. I bought a house earlier this year, and I've got more storage space now, plus I was eager to maximize a Costco membership by taking advantage of deals on appliances, furniture, electronics, and more. I recently visited the store location closest to me (which is an hour away), and it was an eye-opening experience.

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When Luxuries Become Necessities

A Wealth of Common Sense

Each year the Bureau of Labor Statistics (BLS) updates consumer expenditure data on how Americans collectively spend and earn their money. These numbers are averages so your personal household budget probably looks different in some ways. Your circumstances — where you live, your standard of living, how much you make, family situation, etc. — often dictate how you spend.

Financing 136
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UPDATE: New CA QSR Min Wage Study. A Victory Lap.

The Big Picture

@TBPInvictus here: If you’re not aware of the brouhaha that was stirred about a year or so ago when CA Gov Gavin Newsom signed into law (taking effect April 1, 2024) a new $20 minimum wage for so-called “limited service” (a/k/a fast food or QSR) restaurant workers, read up here , here , or here. In a nutshell, the usual suspects’ heads exploded well before the legislation even took effect, claiming it would lead to widespread devastation in the fast food space: job losses

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Driving innovation: How AI and venture capital are revolutionizing healthcare

Insight Partners

This content originally appeared on BW Healthcare. While the introduction of new technologies has helped drive the evolution of healthcare, few have sparked as big of a transformation in recent years as AI. In the early days, AI in healthcare was often limited to basic data analysis and simple decision support systems. Today, it’s a sophisticated field that’s revolutionizing everything from drug discovery to patient care.

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Medicare Is Quietly Limiting Access to This Money-Saving Benefit in 2025

The Motley Fool

Retirement healthcare expenses eat up a significant portion of your nest egg, even if you're healthy. A 65-year-old couple retiring in 2024 can expect to spend $165,000 on out-of-pocket medical expenses, according to Fidelity, and this doesn't include things like dental care, over-the-counter medications, or long-term care. Prioritizing your health at every age is critical to keeping these expenses as low as possible.

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Defining Bull and Bear Markets

A Wealth of Common Sense

Nick Maggiulli joined me on the show this week to tackle questions about investing in total stock market index funds, how to value your pension, factors that allow you to take more risk in your portfolio and when to sell your big winners. Further Reading: An Epic Bull Market 1It’s worth noting these are price returns only, no dividends included.

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The Winning LOI [Vol. 3, Issue 20, No. 47]

Axial

Welcome to the latest issue of The Winning LOI, the Axial newsletter that anonymously reveals small business M&A valuation data and certain key deal terms associated with winning LOIs. To subscribe to The Winning LOI, please enter your email below. In this issue, we feature a manufacturing deal within the Consumer Goods sector. The company reported a revenue range of $3M – $4M and an EBITDA range of $1M – $2M when the deal confidentially went to market in Q2 2023.

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Want a Decade of Growing Passive Income? Buy This Dividend Growth Stock and Never Sell.

The Motley Fool

Dividend investing is a tried-and-true strategy for building long-term wealth. It may not be as sexy as buying the hottest hyper-growth stocks or cutting-edge technology companies, but dividend stocks can be the tortoise that drives steady portfolio wealth when looking at a multi-decade period. And it does take time. For example, if you buy a dividend stock yielding 2% that grows its dividend per share by 6% per year, it will be yielding just 3.6% in 10 years.

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A Little Money Perspective

A Wealth of Common Sense

The world has never been better but it feels like things are getting worse. We see so much more bad stuff than previous generations because of our access to a limitless amount of information. Don’t get me wrong — we have a lot of problems and always will. But things are much better than the headlines would have you believe.

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Root Capital launches distressed-debt fund as Brazilian defaults hit record highs

Private Equity Wire

Rio de Janeiro-based private credit firm Root Capital is rolling out a new distressed-debt fund, Special Situations IV, amid a surge in bankruptcy filings in Brazil as local companies struggle with mounting financial pressure and deteriorating credit conditions, according to a report by Bloomberg. The report quotes Rafael Fritsch, Partner and Chief Investment Officer at Root Capital, as saying that: “We’re seeing continued stress in Brazil’s credit markets—companies are failing, the agribusiness

Debt 97
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Leveraging a Master List of Goals to Uncover Clients’ True Financial Priorities

XY Planning Network

Identifying and prioritizing client goals is essential to creating effective holistic financial plans. However, many advisors face the challenge of helping clients articulate their true objectives. Clients often come to their advisors with surface-level goals, but research suggests these initial goals may not reflect what truly matters to them. XYPN's partnership with fpPathfinder offers a practical way to achieve this through their Master List of Goals Checklist.

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Why Tesla Stock Fell 8% on Friday

The Motley Fool

Tesla (NASDAQ: TSLA) tumbled in early trading Friday, down 8.2% through 10:05 a.m. ET as investors gave two thumbs down to the company's "We, Robot" presentation in Hollywood last night. In no particular order, Tesla unveiled a bartending Tesla Bot. Image source: Tesla. an autonomous Robovan that can carry 20 passengers. Image source: Tesla. and a 2-door Cybercab (that on the company's website is still confusingly called "Robotaxi").

Companies 246
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Chevron in talks to sell Texas gas assets to Tokyo Gas for up to $1bn

Financial Times M&A

A deal would bolster Japanese group’s drive to secure supplies for its home country, which relies on fossil fuel imports for energy

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Butterfly to acquire US winemaker The Duckhorn Portfolio for $1.95bn

Private Equity Wire

Butterfly Equity (Butterfly), a Los Angeles-based private equity firm specialiSing in the food and beverage sector, is to acquire The Duckhorn Portfolio, a North American high-end wine company in an all-cash transaction that values the business at approximately $1.95bn. Under the terms of the Agreement, Duckhorn stockholders will receive $11.10 per share in cash, representing a premium of approximately 65.3% to the volume weighted average share price of Duckhorn’s common stock over the 90-day tr

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Princeton reverses ban on fossil fuel companies funding research

Financial Times: Moral Money

Officials claim university’s policy harmed scholars working to combat the effects of climate change

Companies 101
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Joby Aviation May Revolutionize Air Travel Forever

The Motley Fool

Joby Aviation (NYSE: JOBY) has spent a decade building a point-to-point air taxi product and is getting closer to launch. In this video, Travis Hoium discusses whether it's time to invest in this new transportation paradigm or wait until the business model is proven out. *Stock prices used were end-of-day prices of Oct. 7, 2024. The video was published on Oct. 8, 2024.

Returns 246
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Private equity groups’ assets struggling under hefty debt loads, Moody’s says

Financial Times M&A

Holdings of Platinum Equity and Clearlake Capital are at heightened risk of default, rating agency says

Debt 105
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Blue Owl spreads wings into data centre market with $1bn IPI Partners acquisition

Private Equity Wire

Blue Owl Capital is set to acquire IPI Partners, a digital infrastructure investment firm, for approximately $1bn as the firm looks to benefit from the growing demand for data centres driven by the rapid adoption of generative AI, according to a report by Reuters. The acquisition of the Chicago-based business, which is a joint-venture between investment manager ICONIQ Capital and private equity firm Iron Point Partners, will be financed through a combination of 80% equity and 20% cash, and will

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Shouting Fire in a Crowded Theater

The Big Picture

I have very vivid memories of Superstorm Sandy in NY. It was the 18th named storm of 2012, the 10th hurricane, and the 2nd major one. It caused ~$100 billion in property damage and killed 254 people. Throughout the entire disaster, a few things stand out: – Visiting the marina where we keep our boat and seeing water levels up to the top of the bulkheads, which were ~about 13 feet over high tide.

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Intel's New PC Chips Solve Its Biggest Problem

The Motley Fool

Chip-giant Intel (NASDAQ: INTC) has managed to keep pace with rival AMD on raw performance in the PC c entral processing unit (CPU) market over the past few years, but that feat came at a cost. Intel's previous three generations of desktop PC processors -- Alder Lake, Raptor Lake, and Raptor Lake Refresh -- were all built on the Intel 7 manufacturing process.

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Bernard Arnault partners Red Bull to buy Paris FC in latest move into sport

Financial Times M&A

Alliance with soft-drink maker comes a week after LVMH clinched a 10-year deal with Formula One

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Private Equity Wire US Awards 2024 winners announced

Private Equity Wire

The winners of the Private Equity Wire US Awards 2024, which recognise excellence among private equity fund managers and service providers in the US across a wide range of categories, were announced at an exclusive ceremony and networking event today (9 October), at The Penn Club, New York. Voting for the awards was conducted via an online poll of the entire Private Equity Wire userbase, with participants asked to make their choice from a short-list of firms in each category.

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Bad Polling is a Behavioral Problem

The Big Picture

One source of annoyance over the past year has been the blind media parroting of national and local polling. These are presented without context, framing, and, most importantly, an acknowledgment of the past track record—just blind repetition of useless “data.” By failing to mention pollsters’ track records, the media presents a wildly distorted view of future election results.

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3 Medicare Open Enrollment Mistakes That Could Hurt Your Retirement Finances

The Motley Fool

October is an important month for seniors since that's when Medicare's annual open enrollment period kicks off. That period spans more than seven weeks, beginning Oct. 15 and lasting through Dec. 7. During open enrollment, Medicare participants have the opportunity to make changes to their coverage. And in some cases, switching plans could lead to a world of savings.

Finance 246
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1 Stock-Split Artificial Intelligence (AI) Stock Up 2,890% in 5 Years to Buy Now, According to Wall Street

The Motley Fool

Nvidia (NASDAQ: NVDA) was the best-performing stock in the S&P 500 (SNPINDEX: ^GSPC) over the last five years, with shares soaring 2,890%. The company completed two stock splits during that period. The first was the 4-for-1 stock split in July 2021, and the second was the 10-for-1 stock split in June 2024. Monster gains notwithstanding, Wall Street is still bullish on the semiconductor company.

Returns 246
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After Hitting an All-Time High, Is ExxonMobil the Best Energy Dividend Stock to Buy Amid Rising Oil Prices?

The Motley Fool

After hitting a 52-week low on Oct. 1, U.S. benchmark West Texas Intermediate (WTI) crude oil prices surged nearly $8 per barrel in two days as Middle East tensions threaten to take supply offline. Oil prices had been under pressure from a ramp-up in U.S. production, paired with potentially higher OPEC+ supply. ExxonMobil (NYSE: XOM) , the most valuable U.S. energy stock by market cap, notched a fresh all-time high on Oct. 4.

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3 Red-Hot Growth Stocks to Buy in 2024 and Beyond

The Motley Fool

Stocks have been on a winning streak this year with the S&P 500 and Dow Jones Industrial Average hitting new all-time highs. Investors are naturally feeling more cautious as they navigate the market as many growth stocks are trading at lofty valuations. What you need to do is screen through the universe of stocks to identify those with the right attributes that you can buy and own over the long term.

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1 Unstoppable Vanguard ETF to Buy During the S&P 500 Bull Market

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) continues to set new records, extending the bull market that began when the index bottomed in Oct. 2022. The technology sector is leading this incredible run thanks to its powerful earnings growth and innovation in areas like artificial intelligence (AI). Since the S&P 500 is weighted by market capitalization , the largest companies in the index have a greater influence over its performance than the smallest.

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Surprise: These 3 Large-Cap Stocks Have Outperformed Nvidia Stock in 2024

The Motley Fool

Way back in 2016, before most investors were even aware of artificial intelligence (AI), Nvidia (NASDAQ: NVDA) co-founder Jensen Huang delivered an AI supercomputer to leadership at OpenAI. In 2022, OpenAI released the popular ChatGPT chatbot, sparking a generative AI revolution. And now the tailwinds couldn't be blowing any harder in Nvidia's sails.

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Palantir Just Joined the S&P 500. History Says the Artificial Intelligence (AI) Stock Will Do This Next.

The Motley Fool

Artificial intelligence (AI) is the hottest investing theme of the moment. Much ink has been spilled on the technology's awesome power and potential economic impact. Could it be as transformative as its evangelists would have you believe? PwC -- one of the "big four" accounting firms -- believes AI can add $15.7 trillion to the global economy by 2030.

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Should You Buy Nvidia Stock Before the Blackwell Launch? 1 Incredibly Important Detail May Give You the Answer.

The Motley Fool

One of the most important pieces of generative artificial intelligence (AI) development is sophisticated chipsets called graphics processing units (GPUs). Right now, Nvidia (NASDAQ: NVDA) absolutely dominates the GPU realm thanks to its A100 and H100 chipsets. While these products contributed to record revenue and profit growth for Nvidia over the last couple of years, the company's new Blackwell series GPUs could wind up being its biggest product yet.

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Prediction: This Will Be Nvidia's Biggest Move Yet.

The Motley Fool

Nvidia (NASDAQ: NVDA) is known for inventing, staying ahead of the curve, and surprising the market with its latest innovations. This has helped the company dominate the artificial intelligence (AI) chip market, seizing 80% share, and become a general AI powerhouse. Nvidia isn't about just AI chips anymore. The company sells an entire suite of products and services, from networking to enterprise software, to serve customers with AI projects.

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Is Coca-Cola Going Back to Being a Market-Beating Stock?

The Motley Fool

If I didn't know any better, I think I'd be surprised to learn that Coca-Cola (NYSE: KO) has been losing to the market for years. Although there's been a sprinkling of market-beating turns over the years, altogether, Coca-Cola has been trailing the market for -- drumroll please -- more than 30 years. That's not necessarily alarming. Everyone knows you buy this Dividend King for its dividend, right?

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Meet the Hidden-Gem Oil and Gas Dividend Stock That Is Up 87% Year to Date and Just Hit an All-Time High

The Motley Fool

With the broader indexes hitting all-time highs, 2024 has been a phenomenal year in the stock market. While the energy sector is only up 11.2%, Texas Pacific Land Corporation (NYSE: TPL) has soared 87.2% and just hit a new all-time high on Oct. 4. Here's why Texas Pacific has an elite business model and could still be a dividend stock worth buying now despite its meteoric rise.