Tue.Oct 01, 2024

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3 Big Social Security Changes Are Coming in 2025. Here's What Retirees Must Know.

The Motley Fool

More than 51 million retired workers received a Social Security check in August 2024, and most depend on those monthly benefits to make ends meet. Indeed, nearly 90% of retired workers view Social Security as an important source of income, according to Gallup. Knowledge gaps concerning Social Security can lead to financial mistakes and lost spending power in retirement.

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The Biggest Risk in Real Estate

A Wealth of Common Sense

The pictures and videos from the wake of Hurricane Helene are unfathomable. One emergency respondent said the flooding in parts of North Carolina resembles biblical devastation. I can’t imagine trying to pick up the pieces if your town, home or business was destroyed by the storm. The good news is this country is pretty good about rallying the troops to help in situations like these.

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I Can't Wait to Buy More of These 3 Top High-Yield Dividend Stocks in October

The Motley Fool

Investing in dividend stocks is a meaningful aspect of my investing strategy. They enable me to generate passive income, which I use to compound my income by reinvesting the cash into buying more dividend-paying stocks. Dividend stocks have also historically outperformed non-dividend-payers, offering a 9.2% annualized return, versus 4.3% over the last 50 years, according to data from Ned Davis Research and Hartford Funds.

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Balmoral Makes Big Move in Nano-Automation

Private Equity Professional

Balmoral Funds has acquired the engineer-to-order business of DWFritz Automation from publicly traded Sandvik AB. DWFritz provides customized nano-automation systems, precision metrology and inspection equipment, and high-precision contract manufacturing and assembly services. Its customers are active in the consumer electronics, medical devices, e-mobility, automotive, energy storage, logistics, and transportation sectors.

Funds 130
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Up 200%, Is Vistra Stock Still a Buy?

The Motley Fool

With shares up 200% year to date, Vistra (NYSE: VST) recently surpassed Nvidia to become the S&P 500's top-performing stock in 2024. While this utility company is far from a traditional artificial intelligence (AI) stock, it could help meet the growing need for affordable clean energy as power-hungry AI tech becomes mainstream. Let's dig deeper to see if the recent hype is justified.

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OceanSound Closes Oversubscribed Fund II at $1.5 Billion Hard Cap

Private Equity Professional

OceanSound Partners has held an oversubscribed, hard cap, and final close of OceanSound Partners Fund II LP with $1.5 billion of capital commitments. Fund II closed at its revised hard cap and substantially above its original hard cap of $1.3 billion, above its target of $1.0 billion, and above its $780 million first fund which closed in February 2022.

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More Trending

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Pink Floyd agrees deal to sell music rights to Sony for $400mn

Financial Times M&A

The deal struck this week marks the end of years of infighting among band members over the sale

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Nvidia Faces a New Rival as Artificial Intelligence (AI) Chip Company Files for IPO

The Motley Fool

In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) and a potential rival for dominance of the artificial intelligence market. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Sept. 30, 2024. The video was published on Sept. 30, 2024.

Companies 246
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EU policymakers lash out at Berlin’s Commerzbank ‘hypocrisy’

Financial Times M&A

Bloc’s officials say opposition to UniCredit’s move on German lender at odds with Berlin’s pro-EU stance

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Why Nvidia, Micron, Broadcom, and Other Artificial Intelligence (AI) and Semiconductor Stocks Slumped on Tuesday

The Motley Fool

Some of the biggest drivers of the ongoing market rally that began early last year are the advances in artificial intelligence (AI). These next-generation algorithms and the semiconductors that power them could spark a wave of increased productivity. The potential to profit from these advances has fueled rapid adoption of AI, which has sent purchases of semiconductors soaring.

Bidding 246
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Hungarian investors accuse Spain of breaking EU law over rail deal veto

Financial Times M&A

Madrid blocked sale of Spanish trainmaker Talgo for political reasons, says Ganz-MáVag chief

Investors 107
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These 2 Vanguard ETFs Are a Retiree's Best Friend

The Motley Fool

Not all investors are the same. What is appropriate for investors in their 20s is unlikely to fit the goals and risk tolerance for investors in their 60s, 70s, or 80s. Similarly, not all retirees are the same. Some are focused squarely on income generation, while others might need a more aggressive mix of income and growth. Here, I'll explore two Vanguard exchange-traded funds (ETFs) that provide a helpful mix of both income and growth.

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How Andrea Orcel masterminded UniCredit’s stakebuilding in Commerzbank

Financial Times M&A

Italian lender sidestepped bank ownership rules to build 21% position in German rival

Banks 106
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Don't Live Near a Costco? Here Are 3 Great Alternatives

The Motley Fool

Image source: Getty Images Having a Costco membership is a great way to save money on groceries and other household products. The discount warehouse club's low prices, cheap gas, and other perks like low prescription drug prices can help anyone keep to a strict budget. But what if you don't live near a Costco ? My local store is technically just a few miles from me, but it's on a busy road with lots of traffic and is in the opposite direction of where I'm usually driving.

Returns 246
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Adnoc agrees to buy Germany’s Covestro in €14.7bn deal

Financial Times M&A

Abu Dhabi’s national oil company to acquire one of Europe’s largest chemical groups

Companies 104
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Chinese Stocks Are Soaring, but So Are These 3 Dividend Stocks That Are Up Between 5% and 16% in 3 Days

The Motley Fool

China just released a stimulus package to help the country reach its 5% economic growth target for 2024 and jolt its struggling housing and equity markets. The announcement came after the U.S. Federal Reserve unveiled a 50-basis-point (0.5%) rate cut to counter rising unemployment and help consumers who have been hit hard by inflation and soaring housing costs.

Returns 246
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Gallant Closes $406 Million Second Fund

Private Equity Professional

Gallant Capital Partners has held a final closing of Gallant Capital Partners Fund II LP with $406 million of capital. Gallant’s first fund closed in July 2020 at its hard cap with $378 million in capital commitments. According to Gallant, Fund II’s limited partners include both existing investors and a new group of global institutional investors. Los Angeles-headquartered Gallant Capital makes control investments of $15 million to $200 million in technology, industrial and business services c

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My Top AI Growth Stock to Buy in October

The Motley Fool

Brookfield Infrastructure (NYSE: BIPC) (NYSE: BIP) isn't the most prominent name when it comes to the artificial intelligence (AI) megatrend. It hasn't developed a popular AI chatbot or the specialized semiconductor chips needed to power AI applications. However, the technology simply can't thrive without companies like Brookfield Infrastructure. It provides the backbone energy and digital infrastructure required to power AI applications.

Prospects 246
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Prospect Partners Hits Fund V Hard Cap

Private Equity Professional

Prospect Partners has held an oversubscribed, hard cap and final close of Prospect Partners Fund V LP with $225 million of capital. Fundraising for the new fund began just nine months ago. Limited partners in Fund V include existing and new investors, including endowments and foundations, family offices, wealth managers, and funds of funds across the United States.

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One Little-Known Costco Perk That Most Members Should Use ASAP

The Motley Fool

Image source: Getty Images When you think "Costco," you probably imagine aisle upon aisle of bulk discount groceries and supplies, and maybe the smell of the in-store food court. So the idea of maximizing your Costco membership by getting your annual flu shot is probably far from your mind. (And, given the sheer size of these warehouses, you may not have even noticed if your local Costco has a pharmacy.

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Hunter Point Capital raises debt to distribute cash to investors

Financial Times M&A

Limited deals have choked off payouts to private equity fund backers, leaving firms searching for ways to deliver returns

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History Suggests This Unstoppable Multibagger Stock in the S&P 500 Is Perfect to Buy and Hold Forever

The Motley Fool

With more than 6,400 stores in the United States, nearly 800 locations in Mexico, and 127 shops in Brazil, AutoZone (NYSE: AZO) is a leading retailer of automobile replacement parts and accessories across the Americas. Over the last 20 years, AutoZone has delivered total returns of roughly 4,000%, making it a 41-bagger in a relatively short period -- for true long-term investors, at least.

Capital 246
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Ohio pension picks TPG’s second huge Rise Climate Fund as latest alternatives commitment

AltAssets

The $19.1bn-managing Ohio School Employees Retirement System has agreed a $100m comittment to TPG Capital's second climate-focused impact investment fund. The post Ohio pension picks TPG’s second huge Rise Climate Fund as latest alternatives commitment appeared first on AltAssets Private Equity News.

Funds 98
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Why Tesla Stock Dropped Ahead of Quarterly Deliveries

The Motley Fool

Tesla (NASDAQ: TSLA) is expected to provide its quarterly vehicle delivery report tomorrow. Some investors are selling the stock today ahead of that report. Tesla shares dropped as much as 5% before paring some of that drop. The stock was trading lower by 2% as of 2 p.m. ET. Negative sentiment may have been heightened by news from several of Tesla's Chinese competitors.

Prospects 245
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Blackstone to invest £10bn in major UK AI data centre

Private Equity Wire

Global private investment firm Blackstone has committed to to invest £10bn ($13.4bn) in the United Kingdom to finance the construction of one of Europe’s largest artificial intelligence data centres, according to a report Forbes. Teh report cites an announcement by the UK government as confirming that the investment is expected to create 4,000 jobs at a new facility in Blyth, Northumberland, a site previously owned by battery startup Britishvolt, which had intended to produce electric vehicle ba

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Should You Buy XRP While It's Under $1?

The Motley Fool

If you're thinking about investing in XRP (CRYPTO: XRP) , there's significant cause for concern. XRP is still trading under $1, despite its epic four-year court battle with the SEC coming to an end in August. The big bounce that many investors expected has never materialized, and XRP remains one of only a handful of top cryptocurrencies that is down for the year.

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Morgan Stanley IM seals $750m for 1GT climate investment PE fund

AltAssets

Morgan Stanley Investment Management has raised $750m at the final close of its 1GT climate private equity fund. The post Morgan Stanley IM seals $750m for 1GT climate investment PE fund appeared first on AltAssets Private Equity News.

Funds 98
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1 Growth Stock Down 15% to Buy Right Now

The Motley Fool

Chipotle Mexican Grill 's (NYSE: CMG) stock closed at a record high of $68.55 on June 18. That whopping 15,480% gain from its split-adjusted IPO price of $0.44 back in 2006 would have turned a $1,000 investment into $155,800. But over the past three and a half months, Chipotle's stock price retreated 15% from its all-time high. That might seem like a shallow pullback compared to its previous gains, but it could be a great buying opportunity for three simple reasons.

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Coller continues private wealth push with non-US investor credit fund launch

AltAssets

Secondaries-focused private equity major Coller Capital has launched a new private wealth-focused fund accessible to investors outside of the US. The post Coller continues private wealth push with non-US investor credit fund launch appeared first on AltAssets Private Equity News.

Funds 98
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The 3 Top Places to Put Your Retirement Savings for the Rest of 2024

The Motley Fool

There are only three months left of 2024, so now's the perfect time to start thinking about making some retirement contributions before you get caught up in the holiday shopping season. If you've already been setting aside money this year, that's great. If not, you can still make a substantial contribution to your future over these next few weeks. If you want those dollars to be worth as much as possible when you retire, you need to think carefully about where you put them.

Taxes 245
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Prospect Partners picks up $225m to reach Fund V hard cap in just nine months

AltAssets

Chicago-based Prospect Partners has hit a $225m hard cap final close for its fifth fund, just nine months after launching the fundraise. The post Prospect Partners picks up $225m to reach Fund V hard cap in just nine months appeared first on AltAssets Private Equity News.

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Verizon Makes a $3.3 Billion Deal to Help Protect Its Towering Dividend

The Motley Fool

Verizon (NYSE: VZ) pays a towering dividend. The telecom giant's payout yields more than 6%, making it the highest-yielding member of the Dow Jones Industrial Average (and a top-10 payer in the S&P 500 ). One factor driving its elevated yield is concerns that the company's hefty debt level might impact its ability to sustain that payout over the long term.

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CVC-led consortium expands lender group for £5.4bn Hargreaves Lansdown takeover

Private Equity Wire

The private equity consortium led by buyout giant CVC Capital Partners, alongside Nordic Capital and Platinum Ivy, poised to acquire Hargreaves Lansdown has expanded its roster of lenders backing the £5.4bn deal, accordong tome report by the Business Desk. The group has announced it has secured financing commitments from four additional lenders – Korea Investment, KDB Asia, Sona Asset Management, and Canadian pension fund The Public Sector Pension Board.

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Social Security's Big 2025 COLA Announcement Is Just 10 Days Away. Here's What to Expect.

The Motley Fool

If you're among the millions of Americans who rely on Social Security to make ends meet, then you may be eager to find out what your 2025 cost-of-living adjustment (COLA) will amount to. At the start of 2024, Social Security recipients saw their benefits rise by 3.2%. And you may be wondering if you can expect a similar boost in the new year. The Social Security Administration (SSA) won't be able to make an official COLA announcement until October 10.

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