Sun.Jun 16, 2024

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Attention, Baby Boomers: This Little-Known Social Security Clause Can Meaningfully Increase Your Monthly Payout

The Motley Fool

For most retirees, Social Security doesn't just provide a check they'll receive each month. Rather, this income serves as a much-needed financial foundation that allows seniors to meet their obligations. According to an analysis from the Center on Budget and Policy Priorities, America's leading retirement program was responsible for pulling 22.7 million people above the federal poverty line in 2022, including 16.5 million adults aged 65 and over.

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Enveda Biosciences Raises $55M in Funding

FinSMEs

Enveda Biosciences, a Boulder, CO-based biotechnology company using AI to translate nature into new medicines, raised a new financing round of $55m to add to its $119m combined Series B and B1. New investors Premji Invest, Lingotto Investment Fund, Microsoft, and The Nature Conservancy participated in the round alongside existing investors Kinnevik, True Ventures, FPV, […] The post Enveda Biosciences Raises $55M in Funding appeared first on FinSMEs.

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Behind on Mortgage Payments? Former Realtor on What You Should Do

The Motley Fool

Image source: Upsplash/The Motley Fool As more people take out mortgages that stretch their budgets to a breaking point, we'll keep seeing these affordability problems turn into mortgages that are in danger of delinquency. According to CoreLogic, 2.8% of mortgages were 30 days or more past due in March 2024, up 0.2% from the year prior, and 0.3% were actively in foreclosure.

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Increase happiness: Think bigger with goal setting

Million Dollar Round Table (MDRT)

By Laura Xue-Fen Hoi, ChFC, AEPP When we first joined this career as a financial advisor, I believe many of us were taught about the importance of starting the year well by setting business-related goals. Eventually, I felt like something was lacking from this. So, several years ago, I decided to change how I did my yearly goal setting, and it transformed how I conduct my life as well as my business.

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Stock Splits Ahead? 3 AI Stocks Poised to Split After Nvidia

The Motley Fool

Artificial intelligence (AI) superstar stock Nvidia (NASDAQ: NVDA) announced a stock split on May 22 this year. Share prices have climbed 36% since then. The wild success could have some other AI companies on Wall Street contemplating following suit (even if the split isn't necessarily the sole reason behind the stock's performance). Remember, a stock split doesn't change anything about the underlying business or the stock's fundamentals.

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The growing case to embed climate risk in finance teaching

Financial Times: Moral Money

Four leading finance professors discuss best practice, successful innovations, and important concepts and themes

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A buyout gone wrong creates fireworks in the private credit market

Financial Times M&A

Lenders are considering their options at Pluralsight, a distressed company owned by private equity firm Vista Equity Partners

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Should You Retire Overseas? Here's How to Decide

The Motley Fool

Image source: Getty Images One factor that universally impacts everyone's retirement plans, regardless of their chosen location, is the amount of money they've saved. According to New York Life, Americans retiring at 65 can expect an average of 20 years in retirement and will need approximately $987,000 to cover their expenses. Meanwhile, the average cost of living, excluding rent, is nearly 29% lower in some destinations, like Portugal, than in the U.S.

Legal 246
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Fisher Investments Selects Advent International and ADIA as Strategic Partners in Minority Common Stock Investment

Advent International

PLANO, TX; JUNE, 17, 2024 / PRNewswire / — Fisher Investments (“FI”) announced today that Advent International (“Advent”) and a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) have agreed to make a minority investment in Ken Fisher’s namesake firm, Fisher Investments. The investment by Advent and ADIA of at least $2.5 billion and up to $3 billion values FI at $12.75 billion.

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Nvidia's 10-for-1 Stock Split Is Over. Here's What's Next for the Stock.

The Motley Fool

It's been a whirlwind for Nvidia (NASDAQ: NVDA) shareholders over the past year or so. Recent developments in the field of artificial intelligence (AI) have been a game changer for the company. The company's graphics processing units (GPUs) , which were originally developed to generate realistic images in video games, have become the gold standard for generative AI, catapulting Nvidia into the stratosphere.

Banks 246
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Consolidating copper miners could boost much-needed output, says industry boss

Financial Times M&A

Small number of big groups could lift supplies of metal vital for clean energy transition, according to Freeport CEO

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Chipotle Shareholders Approve Its Historic 50-for-1 Stock Split. Here's What Happens Next.

The Motley Fool

Chipotle (NYSE: CMG) is one step closer to the finish line of its historic stock split. At its annual meeting of shareholders held on June 6, 2024, shareholders approved the measure, paving the way for its 50-for-1 stock split to take place later this month. There are a few important dates for shareholders to remember. Let's review the particulars so investors will be prepared for the upcoming stock split.

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Pressure mounts on senior bankers as discontent in junior ranks simmers

Financial Times - Banking

It is not only junior staffers that are feeling the burden of rising workloads and demands amid intense competition

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Here's Why You Shouldn't Invest Like Warren Buffett for Your Retirement

The Motley Fool

Saving for your retirement is only half the battle. It's equally important to invest your savings wisely so your money is able to grow over time. And you may be inspired by investing giant Warren Buffett to hand-pick a winning portfolio. But taking a much easier way out could actually be a better bet for you. Why it doesn't pay to invest like Warren Buffett Warren Buffett is a billionaire many times over.

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5 Signs You’re Poised for a Marketing Breakthrough: How to Get New Financial Advisory Clients in 2024

Indigo Marketing Agency

Our Total Marketing Package Nurture Tier (aka TMP Nurture) involves building, launching, and continually optimizing a lead-focused marketing campaign on your behalf. We utilize lead funnels to attract and qualify the right audiences, identified by their location, demographics, personal traits, and financial needs. Though it’s a proven effective strategy to grow an advisor’s client base, it may not be for everyone.

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Will Walmart Reach a Trillion-Dollar Market Cap by 2030?

The Motley Fool

When Apple (NASDAQ: AAPL) become the world's first $1 trillion company back in 2018, investors cheered while they simultaneously wondered which company would be the next to achieve the feat. As it turns out, it would be Microsoft (NASDAQ: MSFT) the following year. Much has changed since then. Namely, getting to the 13-figure mark is no longer a head-turning event.

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Elevate Your Marketing Through Social Media, Video, and Email With the Total Marketing Package Stand Out Tier

Indigo Marketing Agency

The Total Marketing Package Stand Out Tier (aka TMP Stand Out) is our mid-level marketing solution tailored specifically for financial advisors. At its core, it’s designed to elevate your online presence, engage your audience effectively, and ultimately bring clients in the door. With Stand Out, we offer a suite of services that cover every aspect of modern marketing.

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Is the Stock Market Going to Crash? 153 Years of Valuation History Weighs In and Provides a Big Clue.

The Motley Fool

Since 2023 began, Wall Street has been firing on all cylinders. In this roughly 17.5-month stretch, we've watched the mature stock-driven Dow Jones Industrial Average (DJINDICES: ^DJI) gain 17%, the benchmark S&P 500 (SNPINDEX: ^GSPC) add 42%, and the growth-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC) catapult higher by 69%. More importantly, all three indexes have achieved record-closing highs and firmly established themselves in bull markets.

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Fisher Investments Selects Advent International and ADIA as Strategic Partners in Minority Common Stock Investment

Advent International

PLANO, TX; JUNE, 17, 2024 / PRNewswire / — Fisher Investments (“FI”) announced today that Advent International (“Advent”) and a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) have agreed to make a minority investment in Ken Fisher’s namesake firm, Fisher Investments. The investment by Advent and ADIA of at least $2.5 billion and up to $3 billion values FI at $12.75 billion.

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Broadcom Announces a 10-for-1 Stock Split. Time to Buy?

The Motley Fool

Shares of Broadcom (NASDAQ: AVGO) have surged impressively in the past year with gains of 96%, and the good part is that this semiconductor giant looks all set to sustain its solid momentum following the mid-June release of its fiscal 2024 second-quarter results (for the three months ended May 5). Not only did the chip giant's revenue and earnings coast past consensus estimates, but management also announced a 10-for-1 forward stock split that will go into effect on July 15.

Prospects 246
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Two wind farms backed by AIIM reach financial close

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Two wind farms backed by AIIM reach financial close first appeared on Africa Capital Digest.

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This Value Stock Just Plunged. Should You Buy the Dip?

The Motley Fool

Coming into its first-quarter earnings report, Signet Jewelers (NYSE: SIG) appeared to be executing its business plan effectively. The world's largest retailer of diamond jewelry had successfully made the case that it is reinventing its business, expanding margins, and leaning into its competitive advantages, such as the digital channel and customer loyalty.

Prospects 246
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TLG Capital backs aluminum recycler with climate financing credit facility

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post TLG Capital backs aluminum recycler with climate financing credit facility first appeared on Africa Capital Digest.

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Better Cloud AI Stock: Oracle vs. Datadog

The Motley Fool

Oracle (NYSE: ORCL) and Datadog (NASDAQ: DDOG) represent two ways to invest in the secular growth of the cloud and artificial intelligence (AI) markets. Oracle provides cloud-based database services, enterprise software, and generative AI services across its own cloud infrastructure platform. Datadog's platform collects diagnostic data from a company's servers, databases, and software in real time, and it aggregates all of that information onto unified dashboards for IT professionals.

Returns 246
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PAPE Funds increases stake in Entersekt

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post PAPE Funds increases stake in Entersekt first appeared on Africa Capital Digest.

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Should You Buy Any of These Cryptocurrencies While They Are Less Than $1?

The Motley Fool

If you are looking for potential bargains in the crypto market, the good news is that a surprising number of the most popular cryptocurrencies are trading for less than $1. In fact, some of them are trading at discounts of up to 80% from their all-time highs. On the surface, that would appear to make them screaming buys, right? The answer is not as obvious as you might think.

Financing 246
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Oikocredit agrees loan to AfricInvest-sponsored debt vehicle

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Oikocredit agrees loan to AfricInvest-sponsored debt vehicle first appeared on Africa Capital Digest.

Debt 52
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Meet Wall Street's Newest Artificial Intelligence (AI) Stock-Split Stock (No, It's Not Nvidia)

The Motley Fool

Some companies create so much value over the long term that their stock prices soar into the hundreds, or even thousands of dollars, making them somewhat inaccessible to smaller investors. For example, Nvidia stock recently traded above $1,200 following a whopping 205% gain over the past year, as sales surged for its artificial intelligence (AI) data center chips.

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DPI fully exits IFS to Phatisa, ES-KO, and IFS management

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post DPI fully exits IFS to Phatisa, ES-KO, and IFS management first appeared on Africa Capital Digest.

Capital 52
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Investing $100,000 in This Vanguard ETF Could Generate Over $6,800 in Annual Income

The Motley Fool

Some methods of generating passive income can be quite involved. For example, you could invest in real estate. But that typically entails managing the property or paying someone else to do it. If you're looking for easy ways to make passive income, you might want to check out Vanguard's exchange-traded funds (ETFs). Vanguard has made investing simple for decades.

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Khuwaylid Capital launches Islamic impact fund

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Khuwaylid Capital launches Islamic impact fund first appeared on Africa Capital Digest.

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Forget Nvidia. Meet the Ultimate Artificial Intelligence (AI) Growth Investment

The Motley Fool

When you think of investing in artificial intelligence (AI), you may automatically think of a name that's consistently been making the headlines. I'm talking about leading AI chip designer Nvidia (NASDAQ: NVDA). The company's dominance in the market has helped earnings soar in the triple digits in recent quarters and has spurred a share-price gain of more than 200% in the past year.

Investing 245
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AgDevCo in mezzanine debt deal for cashew processor

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post AgDevCo in mezzanine debt deal for cashew processor first appeared on Africa Capital Digest.

Debt 52
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3 Top Dividend Stocks to Double Up on Right Now

The Motley Fool

Dividend stocks are proven wealth creators -- shares of companies that pay regular, growing dividends often beat non-dividend-paying stocks in the long term. Right now, two dividend stocks and one dividend exchange-traded fund (ETF) look particularly compelling, and income investors may even want to double up on these while they still can. Here's why.