Today: 16. Nov, 2024
Don’t overlook lucrative investments just because they’re based outside the U.S. While America remains a focal point for innovation and its markets are closely monitored globally, this focus often keeps investors from exploring international options. Ignoring global markets, however, can mean bypassing…
If you have saved up or come into a sum of $50,000 and are pondering investment avenues in 2023, you’re in luck. We’ve sought guidance from two seasoned financial gurus on the best ways to allocate these funds. Their insights might be…
Despite the stock market’s upward trend this year, the attractiveness of equities compared to more secure investments has diminished significantly, as per certain metrics. While the S&P 500 index has witnessed a 16% uptick this year, driven primarily by the tech sector’s…
The AI-driven narrative has significantly boosted chipmaker stocks in 2023. However, the recent decline in these shares has been influenced by escalating tensions between the US and China. Huawei, the Chinese tech giant, recently unveiled its contentious Mate 60 Pro model. This…
Stocks have historically been favoured over less volatile investments, but their appeal seems to be waning, with one metric indicating it’s at its most fragile state in years, despite the stock market’s impressive performance this year. The S&P 500 index has seen…
The world’s largest sovereign wealth fund, overseen by Norges Bank Investment Management (NBIM), has initiated the procedure to shut its Shanghai office. This move underscores the broader trend of major international entities scaling back their presence in the globe’s second-largest economy. NBIM,…
The Roth IRA is an appealing retirement account choice. Available at any brokerage that offers it, this investment doesn’t provide an immediate tax deduction for the year you contribute. Instead, its perks shine in retirement: tax-free withdrawals and no mandatory minimum distributions…
Volkswagen and Renault, two of Europe’s prominent car manufacturers, experienced a significant dip in their shares after UBS analysts advised investors to offload these stocks. The rising dominance of Chinese car manufacturers was a primary concern. By late Friday, Volkswagen’s shares had…
The stock market has witnessed a surge in home builder stocks as many Americans are increasingly preferring new constructions over the traditionally expensive existing housing market. The US has seen a rise in mortgage rates over the last year, driven by the…
An estimated 300 million global full-time jobs are at risk due to the AI explosion, according to Goldman Sachs. This projection has caught the attention of investors, leading to significant returns on AI-related stocks. Case in point: Nvidia’s stock has skyrocketed by…
