My advisor charges a 2% fee for financial advice. He does not provide tax advice. My portfolio is currently worth around $850,000. Does this fee sound appropriate? – TimWithout knowing the full scope of services delivered by the advisor, 2%...
Interest rates have been riding high for the past two years. While that's not great for borrowers, it's an excellent opportunity for those seeking higher-yielding investments. Low-risk fixed-income options, like government bonds and bank certificates of deposit (CDs), currently yield...
The stock market rally is in its most fragile state in months ahead of Wall Street's busiest week of the summer.The S&P 500 (GSPC) and Nasdaq Composite (^IXIC) recently had their worst single-day drops since 2022 as the indexes struggled...
The three highest-yielding Dow Jones Industrial Average stocks today are Verizon Communications (NYSE: VZ), Dow Inc. (NYSE: DOW), and Chevron (NYSE: CVX). Are any of these stocks worth buying? The answer isn't exactly easy. And while there's one that investors...
A lot can happen in five years. For example, in 2019, most people had never heard of coronaviruses, mRNA vaccines, or social distancing. Similarly, five years can change the stock market, too. As new technologies arrive, the corporate hierarchy will...
If there's one company that exemplifies the opportunity represented by the accelerating adoption of artificial intelligence (AI), Nvidia (NASDAQ: NVDA) is arguably that company.Its graphics processing units (GPUs) were already the gold standard for processing earlier versions of AI before...
The stock market has had a roaring first half of 2024. As summer begins and many are planning summer vacations, planning for a better financial future should also be part of the equation.Building a portfolio that stands up to the...
On June 18, restaurant chain Chipotle Mexican Grill (NYSE: CMG) completed its highly publicized 50-for-1 stock split. Shareholders saw their $3,000 stock become 50 shares worth about $60 each.Then, on July 24, Chipotle reported financial results for the second quarter,...
There's no getting around it: The oncoming storm of artificial intelligence (AI) is only just beginning, and the flag-bearer for this shifting paradigm is Nvidia (NASDAQ: NVDA). The company has become virtually unforgettable as a key player in the AI...
Wealthier people’s spending patterns are “flipping the script from what we were seeing a year ago,” one economist said. - CHARLY TRIBALLEAU/AFP/Getty ImagesThe splurge is starting to sputter for people making six figures.While rising prices have pressured many Americans since...
