December, 2023

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Lessons of “Number Go Up”

The Big Picture

Tyler Cowen and his colleague Alex Tabarrok write some interesting posts over at Marginal Revolution. Sometimes I agree with them, sometimes I disagree with them. Recently, a post utterly perplexed me: “One doesn’t get a favorable impression of crypto from Number Go Up but in fact one doesn’t learn much about crypto at all. Indeed, Faux’s book isn’t really about crypto it’s about the rise and collapse of a bubble and the consequent madness of crowds.

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Staying the Course is Harder Than it Sounds

A Wealth of Common Sense

After suffering drawdowns of 21%, 25% and 35% in the bear market of 2022, the Dow, S&P 500 and Nasdaq 100 all broke even on a total return basis this week: Sure that means these markets went nowhere for nearly two years but just look at the returns since the start of 2020: Considering everything we’ve lived through those returns are not bad at all.

Returns 145
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European ESG funds face fossil fuel showdown after French ruling

Financial Times: Moral Money

France’s stipulation for its sustainable ISR label could lead to billions of euros of divestments by pan-European vehicles

Funds 145
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EQT tops Bundesliga media rights bidding at $14bn, trailed by CVC, Blackstone, and Advent

Private Equity Insights

EQT AB is leading the bidding as private equity firms compete for a stake in the media rights business of the Bundesliga, Germany’s main football competition, people with knowledge of the matter said. The Nordic investment firm has so far presented the highest offer with an initial proposal valuing the unit at about €12.7bn ($14bn), according to the people.

Bidding 276
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Private equity investments shift upmarket on cash flow

Private Equity Info

For years, the private equity industry has been moving down market, as firms invest in smaller deals in the middle market and lower middle market. However, our most recent review of the data suggests that trend is reversing.

Investing 276
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3 Ways to Achieve Your Financial Goals This New Year

The Motley Fool

Image source: Getty Images For many people, a new year is a time for growth. It's also a popular time to make resolutions. Research from The Ascent shows that 67% of Americans hope to tackle financial resolutions next year. Now is the perfect time to sit down and plan what goals you want to reach. You can do it no matter how big or small your goals are.

Debt 271

More Trending

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Here's the Average Social Security Benefit at Ages 62, 66, and 70

The Motley Fool

Whether you realize it or not, Social Security is an essential source of income for most retirees. It's responsible for pulling roughly 21.7 million people out of poverty each year, including almost 15.4 million adults aged 65 and above. If America's top retirement program didn't exist, the senior poverty rate would be an estimated 38%, as compared to 10% with Social Security (as of March 2022), according to the Center on Budget and Policy Priorities.

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The Ultimate Growth Stock to Buy With $1,000 Right Now

The Motley Fool

After a dismal performance last year, growth stocks came roaring back in 2023 thanks to several tailwinds such as cooling inflation, the Federal Reserve's pause on interest rate hikes, a strong economy, and the reduced probability of a recession. That rally is expected to continue in 2024 as well. Personal finance news provider Kiplinger estimates that S&P 500 companies could witness an 11% increase in earnings in 2024, up significantly from this year's growth of 2.3%.

Finance 264
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The Biggest Santa Claus Rally in History -- What It Could Mean for Today

The Motley Fool

According to the official definition of the "Santa Claus rally," the time of year when it occurs hasn't even happened yet. The Santa Claus rally refers to gains in the market that frequently occur during the last five days of a calendar year and the first two days of the following year. However, investors may have gotten an early present from Santa Claus this year.

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1 Surefire Index Fund Could Turn $300 Per Month Into $164,100. That Could Pay College Tuition for Your Kid.

The Motley Fool

Warren Buffett has achieved financial success on a colossal scale, both personally and professionally. His net worth currently exceeds $120 billion, making Buffett the sixth-richest person on the planet. Additionally, Berkshire Hathaway has grown about 38,000 times in value under his leadership. Those accomplishments suggest Buffett is a good source of financial insight, and he once said the surest path to success is "to be exceptionally good at something.

Funds 264
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3 Housing Market Predictions for January 2024

The Motley Fool

Image source: Getty Images If you're someone who's been trying to buy a home since the start of 2023, you may not be shocked to have arrived at the end of the year without being successful. The past 12 months have been downright torturous for would-be buyers. At this point, it's best to look forward to 2024. But will things change dramatically in January?

Taxes 264
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Here's My Top Growth Stock to Buy in 2024

The Motley Fool

The chips weren't down for DraftKings (NASDAQ: DKNG) in 2023. The sports wagering and fantasy sports speedster has more than tripled this year, one of the market's biggest gainers with a 215% surge heading into the final trading day of 2023. It's easy to steer clear of a big winner, fearing that it's due for a breather after a hot run. DraftKings doesn't fit that bill.

Legal 264
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4 Little-Known Perks of Bundling Your Insurance

The Motley Fool

Image source: Getty Images You've probably heard that bundling your auto and home insurance will save you money, but do you know how much you can save? Typically, the discount is at least 5%, with some companies rewarding you with a discount of up to 25%. That discount represents a significant chunk of money you can divert to an emergency savings account or other financial need.

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The 4 Most Affordable Electric Vehicles of 2024

The Motley Fool

Image source: Getty Images Automakers continue to add more models to their growing list of electric vehicles, giving consumers more EV options than ever before. And while many electric vehicles aren't exactly budget-friendly, a handful of 2024 models are relatively affordable. Here are four great options that won't break the bank. 1. Nissan Leaf MSRP: starts at $28,140 EV enthusiasts are acquainted with the Leaf, considering that Nissan launched the vehicle all the way back in 2010.

Banks 264
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There's a Big Problem With the 2024 Social Security COLA

The Motley Fool

In just a couple of weeks, every retiree who receives Social Security benefits will get a raise. Beginning in 2024, monthly payments will increase by 3.2%. This is an annual rite of passage for Social Security recipients. The Social Security Administration (SSA) calculates the cost-of-living adjustment (COLA) for the next year in October, with the increase going into effect in the following January.

Law Firms 264
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New Year, New Rules: 5 Major Social Security Changes for 2024

The Motley Fool

It's hard to believe, but we're just days away from 2024 and all the major retirement rule changes that come with it. This includes several important Social Security tweaks for workers and beneficiaries alike. Here's a look at five of them and how they could affect you. 1. Benefits are climbing Social Security beneficiaries will see their January Social Security checks climb by 3.2% thanks to the latest cost-of-living adjustment (COLA).

Taxes 264
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1 Top Chip Stock That Could Soar in 2024

The Motley Fool

The market has been pleased with top memory chipmaker Micron Technology 's (NASDAQ: MU) mounting comeback. Memory chip inventories skyrocketed in 2022 as PC and smartphone sales dropped and Micron's customers pared back spending to manage their cash during the downturn. However, as the generative AI hype has developed into a full-fledged industry with massive growth potential, demand for bleeding-edge memory has ratcheted back up.

Returns 264
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3 Passive Income Powerhouses to Buy Before the End of the Year

The Motley Fool

When the S&P 500 is up big on the year, it's easy to miss the value of reliable dividend stocks. After all, what good is a 3% yield if the market is up nearly 20%? But the value of quality dividend stocks isn't how they perform during a strong market -- it's that they deliver regular quarterly payments no matter what the market is doing. The best dividend-paying companies take it a step further by raising their dividends every year, even during recessions.

Capital 264
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These Are the 3 Most Popular Ages to Claim Social Security

The Motley Fool

When to sign-up for Social Security is a highly personal decision. It's also an important one. Your age at sign up determines how much money you get for the rest of your life. There's no wrong age, but there are definitely some that could give you a lot more money than others. Below, we'll look at some of the most popular claiming ages and who they're a good fit for so you can decide which one is right for you.

Debt 264
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4 Little-Known Ways an Electric Car Can Save You Money

The Motley Fool

Image source: Getty Images Electric cars are becoming increasingly popular, but their high price tags are enough to give even some of the most environmentally conscious drivers pause. Add in the cost of financing and auto insurance , and an electric vehicle can feel completely out of reach. But if you can stomach the initial costs, there are several ways that electric cars can save you money.

Taxes 264
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Should You Get Auto Insurance From Tesla?

The Motley Fool

Image source: Getty Images Teslas are appealing options for environmentally-conscious drivers and those who like to keep up with the latest tech, but they have a big drawback: those insurance premiums. The cars contain a lot of rare components that are costly to replace, and there aren't a lot of repair shops that know how to do the work. Some traditional insurance companies charge Tesla owners an arm and a leg for coverage, so the idea of getting a more affordable policy from Tesla itself seems

Companies 264
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4 Signs You Absolutely Shouldn't Get a Personal Loan

The Motley Fool

Image source: Getty Images A personal loan can be a great way to borrow for essential purchases you have to finance over time. With a lower interest rate than your typical credit card plus a fixed schedule for repayment, you can go into a personal loan knowing how much you'll pay over time. Plus, your financing charges will likely be affordable. But while taking out a personal loan can be a good financial move if you're doing it for the right reasons, there are also some circumstances where you

Debt 263
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Enphase 50% Stock Crash: Can It Be a Big 2024 Winner After an Ugly 2023?

The Motley Fool

2023 has been an ugly year for Enphase (NASDAQ: ENPH) , which just announced big cost cuts and a 25% reduction in manufacturing capacity. In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a closer look at a struggling solar industry and Enphase's steps to cut costs. *Stock prices used were from the morning of Dec. 19, 2023. The video was published on Dec. 23, 2023.

Returns 263
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Is Cathie Wood's Top Crypto Holding a Buy in 2024?

The Motley Fool

One of the most outspoken investors on Wall Street is Ark Invest Chief Executive Officer Cathie Wood. Wood is known for unconventional, maybe even outlandish, predictions for trends in emerging technology. Across all of her exchange-traded funds (ETFs), her largest holding is cryptocurrency trading platform Coinbase (NASDAQ: COIN). Given Wood's extremely bullish stance on Bitcoin , it makes sense that she would acquire such a large position in Coinbase.

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4 Ways to Lower Your Auto Insurance in 2024

The Motley Fool

Image source: Getty Images If you've been struggling to cover the cost of auto insurance , you're not alone. A May survey by Policygenius found that 43% of insured drivers were paying more for car insurance during the spring of 2023 than they were a year prior. If you're tired of having to cut back on other bills to keep up with your auto insurance premiums, don't just resign yourself to the high costs you're facing today.

Companies 264
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Will More People Be Taxed on Social Security Next Year?

The Motley Fool

Social Security benefits are not subject to federal income taxes for some retirees, but they are for others. Those who have higher incomes will be taxed on part of their benefits. Unfortunately, because of the way that the rules for Social Security taxation were set up, a growing number of retirees are taxed on their benefits every year. Here's why more seniors will have to give up a part of their benefits to Uncle Sam in 2024.

Taxes 262
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Better EV Stock: Nio vs. Rivian Automotive

The Motley Fool

Nio (NYSE: NIO) and Rivian (NASDAQ: RIVN) both saw their shares skyrocket to all-time highs during the buying frenzy in growth stocks in 2021. However, both electric vehicle (EV) makers subsequently shed nearly 90% of their value as their revenue growth cooled off and rising interest rates popped their bubbly valuations. The broader slowdown of the EV market exacerbated that pain.

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3 Reasons Roku Can Double Again in 2024

The Motley Fool

Roku (NASDAQ: ROKU) has had a great year. The widely followed streaming service stock has skyrocketed 133% in 2023 through Tuesday's close. Can it double again next year? It's never an easy feat to double in back-to-back years, and some feel that even this year's beefy gains aren't warranted. A pair of analysts downgraded Roku two weeks ago, concerned that the stock's big step up this week isn't warranted.

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3 Warren Buffett Dividend Growth Stocks to Buy Now and Hold Forever

The Motley Fool

Warren Buffett loves a good dividend growth stock. Such companies consistently grow their profits year after year and elect to return those higher profits to shareholders. A business that's able to do that likely has a lot of the characteristics Buffett looks for in a company. And when those stocks trade at a fair value, they can provide exceptional returns for shareholders.

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PepsiCo Is Known for Sodas Such as Pepsi and Mountain Dew. But Almost 50% of Its Profits Comes From Something Else Entirely.

The Motley Fool

The granddaddy of the colas is The Coca-Cola Company , with the Coca-Cola brand launching in 1886. The Pepsi-Cola Company, now PepsiCo (NASDAQ: PEP) , wasn't far behind with its own Pepsi-Cola drink in 1898. And the two have locked horns for cola supremacy ever since. Neither Coke nor Pepsi was able to take down its cola competitor. So it wasn't long before these two companies upped the ante by developing comprehensive soda-brand portfolios.

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4 Cryptocurrency Predictions for 2024

The Motley Fool

If you think Wall Street had a phenomenal year, take a closer look at how the cryptocurrency space fared in 2023. As of the early morning hours on Dec. 28, the aggregate value of all listed cryptocurrencies on CoinMarketCap.com had increased by a cool 115% year to date. Though there are thousands upon thousands of digital currencies to choose from, it's Bitcoin (CRYPTO: BTC) and Ethereum that have done most of the heavy lifting.

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Will Shiba Inu Create Any More Millionaires?

The Motley Fool

Investing in crypto has made many people rich in recent years, even millionaires. Shiba Inu (CRYPTO: SHIB) took off in popularity in 2021 as meme stocks and coins rocked the markets. With crypto rising in popularity of late, could there be another strong bull run for Shiba Inu in the future? Is there the possibility that it could still make even more millionaires?

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3 Top Artificial Intelligence (AI) Stocks to Beat the Market in 2024

The Motley Fool

Investors have a lot to celebrate. The stock market will end 2023 near all-time highs after a fierce rebound that saw the Nasdaq Composite surge more than 40% this year, one of its best performances in decades. It sets a high bar for 2024 as investors seek ways to continue the momentum. Three Fool.com contributors sifted through their top ideas to identify Amazon (NASDAQ: AMZN) , Super Micro Computer (NASDAQ: SMCI) , and SentinelOne (NYSE: S) as AI stocks with the right stuff to outperform a hot

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Warren Buffett Invested $25 Billion of His Portfolio in 2 Stocks That Could Rise 37% and 14% in 2024, According to a Pair of Wall Street Analysts

The Motley Fool

If you want your investment portfolio to outperform the way Warren Buffett's has, it's important to hold stocks for long periods the way he does. When asked what an ideal holding period is for the stocks he adds to Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) equity portfolio, the Oracle of Omaha confidently says " forever " to anyone who will listen.