Best Stocks To Buy For 2013: Dividend

[ February 11, 2016 | Author: Admin | Views: 90846 | Weather: | Mood: normal]

Let me start by saying that I love the 401(k)plan. Its the single best wealth accumulation vehicle available to the vast majority of Americans. At todays contribution limits, you can defer up to $18,000 of income and $24,000 if youre 50 or older tax free. And many companies offer corporate matches dollar for dollar (most companies match the first 20-60% you save.) Thats great for middle-class Americans, and many can contribute the maximum allowed with a little bit of discipline. But if you have an annual income of $500,000 or more, that amounts to a paltry savings rate of less than 4%. Any savings above that amount would be subject to punishingly high taxesand even the dreaded Obamacare surcharge. See Also: How to Avoid Outliving Your Nest Egg Well, I have good news. If you earn a high income and own your own business (or are paid as a 1099 … Continue reading

[ February 10, 2016 | Author: Admin | Views: 11815 | Weather: | Mood: normal]

Nomura’s Simeon Siegel and team argue that Michael Kors Holdings (KORS) is “good at ‘Bar Setting.’” They explain: Susana Gonzalez/Bloomberg News This MorningMichael Kors continued its streak of topping guidance and Street estimates, posting a 2% constant-currency comp increase, better-than-feared margin erosion and ongoing boosts from share repurchases. With numbers going up, we continue to believe draconian fears are overdone and believe this valuation represents an attractive risk/reward… Another guidance beat.Michael Kors reported an EPS beat of $1.59 vs. the Street at $1.46, essentially beating across the board. After a quick stumble, this quarter represents another guidance beat, suggestingMichael Kors conservativism remains. The company beats its guidance 93% of quarters on average… Best Canadian Companies To Own In Right Now: 3M Company(MMM) 3M Company, together with subsidiaries, operates as a diversified technology company worldwide. The company?s Industrial and Transportation segment offers tapes, coated and non-woven abrasives, adhesives, specialty materials, filtration … Continue reading

[ February 10, 2016 | Author: Admin | Views: 51252 | Weather: | Mood: normal]

These days it seems as if the market doesn’t know whether it wants to break through fears of higher rates and a slowing China or crash lower into a new bear market. The VIX volatility index has jumped to an average 24.1 in the first month of 2016 against an average of just 16.7 in 2015. The S&P 500 tumbled 9% in the first three weeks and triple-digit moves in the Dow are a daily occurrence. In the frenzy of daily trading, it’s easy to lose sight of the long-term potential to make money. When asset prices plunge, it’s easy to forget about the 221% total return on the S&P 500 since the bottom of the financial crisis in March 2009 or the 375% cumulative return over the last two decades. In fact, the recent market selloff may be your opportunity to pick up some of the best performers of … Continue reading

[ February 3, 2016 | Author: Admin | Views: 11171 | Weather: | Mood: normal]

Despite their best efforts, the Bears couldn’t inflict too much damage on the stock market today. Getty Images The S&P 500 dipped 0.04% to 1,939.38 today, while the Dow Jones Industrial Average declined 0.1% to 16,449.18. The Nasdaq Composite ticked up 0.1% to 4,620.37. The S&P had dropped as much as much as 1% earlier today. The bounce came despite crude oil’s 5.9% drop to $31.62 a barrel today. Wells Fargo’sPaul Christopher explores the risks of lower oil prices, but thinks that crude could be putting in a bottom: Oil prices have not moved closely with equity prices historically, but the recent drop in oil prices poses two related risks for equities. First, the imbalance in the oil market comes from an oversupply. The process of rebalancing global oil markets may fall heavily on U.S. energy producers, triggering layoffs and spending cuts to the detriment of an already-weak U.S. manufacturing … Continue reading

[ January 25, 2016 | Author: Admin | Views: 87885 | Weather: | Mood: normal]

Shutterstock It appears that size matters, at least when millennials are selecting a bank. Young Americans (between 18 and 34) are increasingly ditching big banks and taking their business to smaller, local banks and credit unions, according to a recent banking survey from Accenture. While large national and regional banks lost 16 percent of millennial banking customers last year, community banks saw a 5 percent increase in young account holders and credit unions experienced a 3 percent bump. Most of the time, a millennial’s decision to dump a big bank comes down to money, more specifically banking fees. Larger financial institutions typically charge customers more for overdrafts, ATM withdrawals, account maintenance and other services than their smaller counterparts, who often offer free checking and no monthly fees. Millennials also noted that big banks tend to have weaker loyalty reward programs. According to the survey results, “millennials choose their banks for … Continue reading