Sat.Jul 13, 2024

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Contributing to a Roth IRA? Earn Up to $2,000 With the 2024 Saver's Credit

The Motley Fool

The Roth IRA is one of the most coveted retirement accounts in existence, and for good reason. Some well-known perks of contributing to a Roth IRA include tax-free growth and tax-free withdrawals during retirement. However, more than half of U.S. workers are unaware of a significant benefit that can help you during tax time: the Saver's Credit. If you qualify for this credit in 2024, it could reduce or even completely eliminate your tax bill if you end up owing money at the end of the year.

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Should I Break Up With My Marketing Provider? A Guide for Financial Advisors

Indigo Marketing Agency

Working with a financial advisor marketing provider is a lot like being in a relationship (hear us out!). There are good days and bad days, but overall, your marketing provider should bring consistency and comfort to the pain points in your life. For financial advisors, marketing pain points can be some of the most stressful parts of running your business.

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Social Security's 2025 Cost-of-Living Adjustment (COLA) Is on Pace to Do Something That Hasn't Occurred in 32 Years

The Motley Fool

In May, more than 51 million retired-worker beneficiaries took home an average Social Security check of $1,916.63 , which works out to roughly $23,000 on an annualized basis. Although America's top retirement program isn't going to make its recipients rich, the income it provides helps to form a financial foundation for most seniors. In April, national pollster Gallup surveyed retirees to gauge how necessary their Social Security income is to make ends meet.

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KKR to Acquire Majority Ownership in Agiloft

KKR

Existing investor FTV Capital to invest additional capital in the Company NEW YORK & REDWOOD CITY, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).

Stakes 40
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The Best Warren Buffett Stocks to Buy With $500 Right Now

The Motley Fool

Warren Buffett is one of the greatest investors of all time. His investing skills have earned incredible returns for Berkshire Hathaway shareholders over the last 50 years, so it's a smart idea to consider what he is buying (or selling). Let's look at two of Buffett's largest stock holdings that an investor with $500 can buy right now. 1. Coca-Cola One of the common themes in Buffett's stock picks throughout his career is a preference for profitable companies that benefit from strong consumer br

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Emera Completes Transaction to Transfer Equity Interest in Labrador Island Link

KKR

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (“Emera”) (TSX:EMA) today announced the previously announced transaction where KKR would acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL), has closed effective today.

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The Indo-Pacific Partnership for Prosperity, Global Infrastructure Partners and KKR Lead Creation of Coalition to Mobilize Infrastructure Investment in the Indo-Pacific Region

KKR

SINGAPORE – June 6, 2024 – Today the Indo-Pacific Partnership for Prosperity (IP3), Global Infrastructure Partners (GIP), and KKR announced the formation of a new coalition to catalyze infrastructure investment in the emerging market partner economies of the Indo-Pacific Economic Framework (IPEF). GIP and KKR will serve as co-chairs of the new initiative.

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Warren Buffett Eliminated This Stock From Berkshire's Portfolio Last Year. It Has Fallen 32% in the First Half of 2024.

The Motley Fool

Last year, Warren Buffett and his team at Berkshire Hathaway eliminated its stake in Globe Life (NYSE: GL) , a stock that had been a part of its portfolio for over two decades. The company faced some serious legal issues last year and suffered a deep sell-off earlier this year when it was the subject of a short-seller report. Since the start of the year, Globe Life stock has plummeted 32.4%, according to data from S&P Global Market Intelligence.

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Quick Quack Announces Strategic Investment by KKR

KKR

NEW YORK & ROSEVILLE, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm and Quick Quack Car Wash (“Quick Quack” or the “Company”) today announced that investment funds managed by KKR have made a significant minority investment in the Company. This press release features multimedia. View the full release here: [link] Quick Quack’s.

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Stock-Split Watch: Is Microsoft Next?

The Motley Fool

Amid the stock split talk, investors need to keep Microsoft (NASDAQ: MSFT) in mind. The current price of around $460 per share is well below the nominal prices at which stocks like Broadcom or Nvidia recently announced splits. Admittedly, it might be presumptuous to say that Microsoft is the next stock split. Many stocks are soaring to very high triple-digit prices amid an improving economy and game-changing market shifts in the tech sector.

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KKR-Mirastar enter prime logistics market in Germany

KKR

Frankfurt am Main, 14 June 2024 – KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have acquired a high-quality logistics property in Hanover, Lower Saxony. This off-market transaction is KKR and Mirastar’s first industrial and logistics acquisition in Germany, as well as the first for KKR’s European Core+ Real Estate strategy in this market.

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The Latest 2025 Social Security Cost-of-Living Adjustment (COLA) Forecast Has Some Great News for Retirees

The Motley Fool

Social Security is an increasingly important piece of many seniors' retirement budgets. In an annual Gallup poll, 60% said Social Security is a major source of income, the highest level in over a decade. Another 28% said it's at least a minor source of income in retirement. With many seniors reliant on Social Security to make ends meet, the annual cost-of-living adjustment (COLA) is of great importance for them.

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ST Telemedia Global Data Centres Raises S$1.75 Billion from KKR-Led Consortium with Singtel

KKR

Transaction marks Southeast Asia’s largest digital infrastructure investment in 2024 SINGAPORE--(BUSINESS WIRE)-- ST Telemedia Global Data Centres (‘STT GDC’ or the ‘Company’), a leading data centre colocation services provider, KKR, a leading global investment firm, and Singtel, Asia’s leading communications technology group, today jointly announced the signing of definitive agreements under.

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3 Stock-Split Stocks to Buy Hand Over Fist Before They Soar By as Much as 100%, According to Select Wall Street Analysts

The Motley Fool

Stock splits are all the rage on Wall Street this year, as evidenced by the growing number of companies engaging in them. These maneuvers are usually only undertaken after years of strong financial and operating results have driven a company's stock price out of reach of some smaller investors. It's worth noting that while a stock split is merely a cosmetic change, it can make it easier for employees and other retail investors to buy shares, which is often the reason cited by management for perf

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KKR Releases 2024 Mid-Year Global Macro Outlook

KKR

Henry McVey: Investors Who Prioritize Diversification This Cycle Will Be Best Prepared When Opportunity Knocks NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released its 2024 mid-year global macro outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA). In “Opportunity Knocks,” McVey and his team explain why they.

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1 Reason to Buy Recursion Pharmaceuticals Stock and 2 Reasons to Sell

The Motley Fool

Recursion Pharmaceuticals (NASDAQ: RXRX) is arguably one of the most unique drugmakers on the planet. Though it's classified as a biotech company, its claim to fame is an artificial intelligence (AI)-based approach to speeding up drug discovery and development. Recursion Pharmaceuticals remains a small and little-known player in the industry, and like all clinical-stage biotechs, the stock is relatively risky.

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KKR Announces Intra-Quarter Monetization Activity Update for the Second Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from April 1, 2024 to June 20, 2024. Based on information available to us as of today, with respect to the period through June 20, 2024, KKR has earned total realized performance income, including realized incentive fees, and total realized investment income in excess of $500 million.

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Will Broadcom Stock Soar After Its 10-for-1 Stock Split? Here's What History Shows.

The Motley Fool

You'll see what appears to be a huge decline in Broadcom 's (NASDAQ: AVGO) share price when the stock market opens for trading on Monday, but don't be alarmed. The giant semiconductor maker conducted a 10-for-1 stock split following the market close on July 12. The "decline" for Broadcom will be the equivalent of dividing one piece of pizza into 10 slices.

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KKR to Acquire Pan-European Live Entertainment Group Superstruct from Providence Equity Partners

KKR

Investment supports Superstruct’s ambition to become a global leader in music festivals and live events LONDON--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announces the acquisition of Superstruct Entertainment (“Superstruct” or the “Company”), from Providence Equity Partners (“Providence”), a premier private equity firm specializing in growth-oriented investments in media,

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Where Will Amazon Stock Be in 1 Year?

The Motley Fool

Since the beginning of last year, Amazon (NASDAQ: AMZN) stock has experienced a resurgence. It is near an all-time high, as its recovery erased all the losses of the 2022 bear market and rose by about 55% over the last year. With that gain, investors may question what it can do over the next year. Will its march higher continue, or will its considerable growth over a short time frame set it up for another pullback over the next 12 months?

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KKR Acquires $2.1 Billion Multifamily Portfolio from Quarterra

KKR

Portfolio of 18 High-Quality, Class A Assets Concentrated in Coastal and Sunbelt Markets NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of 18 multifamily assets from a closed-ended fund sponsored by Quarterra Multifamily, a premier multifamily real estate development and operating company, for approximately.

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Social Security Spousal Benefits: 3 Things You Need to Know If You're Planning to Sign Up

The Motley Fool

Eligibility for Social Security in retirement isn't a given. To collect benefits during your senior years, you generally have to work and help fund the program by paying Social Security taxes. But it actually is possible to collect Social Security even if you don't have a wage history. If you're married to someone who's eligible for Social Security or are divorced from someone in that category, you may be entitled to collect spousal benefits.

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KKR and Teachers’ Venture Growth Lead US$140 Million Series E Round in Leading Japanese Cloud-Native Human Resources Software Platform SmartHR

KKR

TOKYO--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, today announced the signing of definitive agreements under which KKR (on behalf of funds managed by it) and TVG will jointly lead a US$140 million (JPY 21.

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6 Artificial Intelligence (AI) Stocks Inside Warren Buffett's $410 Billion Portfolio

The Motley Fool

Warren Buffett has managed the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) investment company since 1965. Over that 59-year stretch, he steered the conglomerate to average annual returns of 19.8%, which is nearly twice the average annual return delivered by the S&P 500 index over the same period. In dollar terms, $1,000 invested in Berkshire stock in 1965 would have grown to $43 million by the end of 2023.

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KKR Acquires Controlling Stake in Baby Memorial Hospital, a Multi-Specialty Hospital Network in India

KKR

Transaction marks KKR’s latest investment in India’s healthcare sector Investment will support the build-out of a leading pan-India network of hospitals MUMBAI, India--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Baby Memorial Hospital (‘BMH’), a leading regional multi-specialty hospital chain in India, today announced the signing of definitive agreements under which funds.

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Where Will DigitalOcean Stock Be in 5 Years?

The Motley Fool

With a market valuation of about $3 billion, DigitalOcean (NYSE: DOCN) is one of the smaller players in the cloud-computing space. It's a good business with plenty of customers, steady revenue growth, and strong margins, but not everything is going according to plan. In June 2022, management set financial goals for 2024: revenue of $1 billion, revenue growth of greater than 30%, and a free-cash-flow margin of 20%.

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Nasuni announces investment from Vista Equity Partners, KKR and TCV

KKR

BOSTON, July 9, 2024 /PRNewswire/ -- Nasuni, a leading enterprise data platform for modern hybrid cloud environments, today announced a strategic growth investment led by Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.

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7 Ways Everyday People Become Millionaires

The Motley Fool

Image source: Getty Images According to a report by the Swiss bank UBS, 6.6% of us living in the U.S. are millionaires. But if you're not born into a wealthy family, how can you make it happen for you? Here, we take a peek into the lives of everyday people who started with little but have gone on to make their fortunes. Everyone's path has been slightly different, but here are seven traits shared by many of these wealthy Americans. 1.

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KKR & Co. Inc. to Announce Second Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the second quarter 2024 on Wednesday, July 31, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Wednesday, July 31, 2024 at 10:00 a.m. ET.

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1 Soaring Growth Stock to Buy and Hold for 10 Years

The Motley Fool

The frequency and cost of cyberattacks worldwide have been seeing an unprecedented rise. According to Security Magazine , there are 2,220 cyberattacks every day, translating to one cyberattack every 39 seconds. The global cybercrime costs are expected to reach a mind-boggling $10.5 trillion by 2025. Hence, it is no surprise that cybersecurity solutions, which protect sensitive data and prevent operational disruptions, are mission-critical for maintaining the reputation and brand of organizations

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KKR and Palm Capital to Acquire Prime Last-Mile Logistics Asset in Denmark

KKR

Investment in freehold logistics asset with strong development potential and asset management initiatives in Greater Copenhagen STOCKHOLM--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Palm Capital, the pan-European real estate private equity specialist today announced the acquisition of a prime last-mile logistics asset in Greater Copenhagen, Denmark, from Catena, the.

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Snap Stock: Buy, Sell, or Hold?

The Motley Fool

Shares of Snap (NYSE: SNAP) have not been for the fainthearted, crashing at the start of the year only to surge back higher following a better-than-expected first-quarter update. Consistent profitability has been elusive for the social media and tech platform, but growth remains positive with encouraging signs of improving monetization. There are plenty of reasons for investors to be skeptical of Snap, with the stock highly volatile and down more than 80% from its all-time high in 2021.

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KKR to Acquire Majority Ownership in Agiloft

KKR

Existing investor FTV Capital to invest additional capital in the Company NEW YORK & REDWOOD CITY, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).

Stakes 40
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3 Signs You're Best Off Relocating in Retirement

The Motley Fool

When you're working, it's important to live somewhere with access to jobs -- both in your industry and in general. In retirement, you get more flexibility as to where you can live because you don't have to worry about being gainfully employed. But it's important to choose the right place to call home during your senior years. And if these three signs apply to you, it may be time to relocate as a retiree.

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