March, 2024

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20 Lessons From 20 Years of Managing Money

A Wealth of Common Sense

I entered the workforce in 2005. That means I’ve been working in the investment business for 20 years now. The longer I’m in the money management business the more there is to learn but these are some of the things I’ve learned thus far: 1. Experiences shape your perception of risk. Your ability and need to take risk should be based on your stage in life, time horizon, financial circumstances and goals.

Investing 145
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Women's History Month: 50 Years Ago, Women Got the Right to Have Credit Cards

The Motley Fool

Image source: The Motley Fool/Getty Images Credit cards might seem like an inescapable part of everyday life, but it wasn't long ago that half the population wasn't allowed to have one. That's right: until 1974, women didn't have the right to open their own credit cards. A big part of women's history is about money: when, whether, and how women are allowed to earn their own money, control their own money, and make their own decisions about personal finances.

Banks 264
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AI and human intelligence make for better data

Private Equity Info

Leaders recognize the potential of Artificial Intelligence, and reports have been unanimous about the opportunity: AI will transform M&A, as it will everywhere, and investors are flocking.

Investors 264
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Costco CFO Says Kirkland Brand Saves Shoppers 20% a Year

The Motley Fool

Image source: Upsplash/The Motley Fool If you've ever wandered the aisles of Costco before, you've probably noticed the Kirkland name on a host of products. Kirkland is Costco's signature brand. You'll find it on baked goods, milk, apparel, cleaning products, and paper products, to name just a few examples. As a Costco shopper, you may have previously shied away from Kirkland products due to a lack of familiarity with the brand.

Finance 52
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78% of Warren Buffett's $369 Billion Portfolio Is Invested in Just 6 Stocks

The Motley Fool

For nearly six decades, Warren Buffett has put on a master class in how to beat Wall Street. Since taking over as CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) in the mid-1960s, he's led his company's Class A shares (BRK.A) to a jaw-dropping aggregate return of 4,961,342%, as of the closing bell on March 1. Extensive books have been written discussing the investing philosophies that have allowed the Oracle of Omaha to trounce Wall Street's benchmark index, the S&P 500.

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3 No-Brainer Stocks to Buy With $10 Right Now

The Motley Fool

Over the past four years, investors have been taken on nothing short of a roller-coaster ride on Wall Street. The COVID-19 crash of 2020, irrational exuberance of 2021, bear market of 2022, and rip-roaring bull market over the past year and change, have whipsawed investors and their emotions. But when push comes to shove, the stock market has a way of delivering for patient investors.

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Is Dell Technologies the Next Super Micro Computer?

The Motley Fool

In today's video, I discuss recent updates impacting Dell Technologies (NYSE: DELL). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of March 4, 2024. The video was published on March 5, 2024. Should you invest $1,000 in Dell Technologies right now? Before you buy stock in Dell Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best st

Returns 264

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Why Broadcom Stock Was Sliding Today

The Motley Fool

Shares of Broadcom (NASDAQ: AVGO) were moving lower Friday after the diversified semiconductor company posted solid results in its fiscal 2024 first-quarter earnings report after the market closed Thursday, but failed to raise its guidance. High expectations were also baked into the stock. The company is viewed as a beneficiary of the AI boom, and as its shares have risen in recent months in consequence.

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2 No-Brainer Healthcare Stocks to Buy With $1,000 Right Now

The Motley Fool

There are many ways to spend $1,000. One could buy a brand-new flat-screen television, play the lottery, or keep it in a savings account. For people trying to increase their capital, though, investing in stocks easily beats out all three of those options -- provided, of course, that investors can pick the right companies to invest in. For those with $1,000 to spare, let's consider two healthcare stocks worth investing in and holding onto for a long time: Vertex Pharmaceuticals (NASDAQ: VRTX) and

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Forget Nvidia: 2 Artificial Intelligence (AI) Stocks With More Upside to Buy Now, According to Wall Street

The Motley Fool

Nvidia shares skyrocketed 263% over the past year amid a flurry of excitement about artificial intelligence (AI). But Wall Street isn't counting on an encore performance over the next year. In fact, analysts see Amazon (NASDAQ: AMZN) and Atlassian (NASDAQ: TEAM) as better AI stocks to buy right now. Specifically, Nvidia carries a median 12-month price target of $850 per share, implying 3% upside from its current price of $823 per share.

Education 264
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5 of the Best Costco Deals for March 2024

The Motley Fool

Image source: The Motley Fool/Unsplash If you're a regular Costco shopper, you know that the warehouse club giant offers fantastic prices on the items it sells. But the only thing better than already-low prices are prices that are discounted even further. With that in mind, here are some great Costco deals for the month of March you may want to check out. 1. $250 off the Dell Inspiron 15.6" Touchscreen Laptop I've been pledging to get a new laptop since late last year.

Banks 264
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Billionaire Bill Ackman Has $10.4 Billion Invested in Just 7 Stocks

The Motley Fool

Hedge fund manager Bill Ackman has had a long track record of success with a very concentrated investment portfolio. And right now he only holds seven companies in the $10 billion portfolio. Travis Hoium covers the stocks, recent moves, and what Ackman seems to be seeing in the market in the video below. *Stock prices used were end-of-day prices of March 5, 2024.

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Where Will Moderna Stock Be in 5 Years?

The Motley Fool

Moderna (NASDAQ: MRNA) was a top stock to own during the early stages of the pandemic. The COVID-19 vaccine maker reached a market cap of nearly $200 billion at its peak in 2021. But nowadays, with revenue from its vaccine diminishing and no longer being a strong growth catalyst, investors have become bearish on the healthcare stock. Since 2022, shares of Moderna have fallen by more than 60%.

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Lessons Learned: How I Got the Lowest Mortgage Interest Rate

The Motley Fool

Image source: Getty Images In 2020, mortgage lenders were offering up some of the lowest interest rates in history in the wake of the COVID-19 pandemic and the economic crisis it fueled. My husband and I weren't looking to move at the time, and we already had a decent interest rate on our existing mortgage. But as a general rule, refinancing a mortgage can make a lot of sense when you're looking at shaving around 1% or more off your current rate.

Debt 263
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Could These "Magnificent Seven" Real Estate Stocks Be an Incredible Investment Opportunity Right Now?

The Motley Fool

The Magnificent Seven stocks are fun to watch, but to be fair, they do look rather expensive right now. The median P/E ratio of this exclusive club is 38 times trailing-12-month earnings, and some are valued much higher. With that in mind, remember that all the Magnificent Seven stocks are in the tech sector. But there are some other areas of the market where there are some excellent bargains, even among the largest and strongest companies.

Investing 263
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Inflation Jumped in February. Should Consumers Say Goodbye to 2024 Interest Rate Cuts?

The Motley Fool

Image source: The Motley Fool/Upsplash Inflation has been wreaking havoc on consumers' personal finances since 2021. To combat it, the Federal Reserve spent much of 2022 and 2023 implementing interest rate hikes. By making it more expensive to borrow money, the Fed's goal was to drive consumers to curb their spending, thereby narrowing the gap between supply and demand that caused inflation to surge.

Banks 262
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Microsoft's Path to Becoming the Largest Company in the World, Explained in One Chart.

The Motley Fool

It's the biggest of the big. It's Microsoft (NASDAQ: MSFT) , a $3 trillion behemoth that, once again, claims the title as the world's largest company. However, only 15 years ago, Microsoft was in a very different place. It ranked 35th on the Fortune 100, reflecting its poor performance as a company and as a stock. Indeed, shares had declined in value by 67% from 2000 to 2009.

Companies 262
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Looking for Decades of Passive Income? 2 High-Yield Stocks to Buy Now

The Motley Fool

If you are a dividend investor looking to create a reliable stream of passive income, you have to consider far more than just a company's dividend yield. You have to examine the business that backs that dividend to make sure it can survive for decades into the future. Two high-yield stocks that look like they can do just that, and pay you well for sticking around, are Enbridge (NYSE: ENB) and Black Hills Corporation (NYSE: BKH).

Assets 261
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3 Reasons to Buy Shopify Like There's No Tomorrow

The Motley Fool

Shopify (NYSE: SHOP) stock is not cheap. Shares have rallied in the past year and are sitting near a post-pandemic high. There are certainly less expensive options in the e-commerce space as a result, including investments like eBay (NASDAQ: EBAY) and Amazon. Don't let its elevated valuation scare you away from this stellar business, though. There's plenty of room for Shopify to be a positive force in most investors' portfolios.

Prospects 262
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5 Tips for Building Your Savings Account Back Up After an Emergency

The Motley Fool

Image source: The Motley Fool/Upsplash Saving for emergencies is absolutely crucial, with Pew Research showing 6 in 10 households experienced an unexpected financial shock over the prior 12 months. Unfortunately, once you have an emergency, a good amount of that money you worked so hard to put into your savings account could end up being used to cover the surprise costs.

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3 Little-Known Drawbacks of an Amazon Prime Membership

The Motley Fool

Image source: Getty Images If you like to shop on Amazon, you're probably either already a Prime member or considering it. Joining can certainly be a smart personal finance move. For $14.99 per month, or $139 per year, you get free one- and two-day shipping. Some orders even qualify for free same-day delivery. Getting Amazon orders fast and for free is always nice.

Finance 260
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Is SoundHound AI Stock a Buy Now?

The Motley Fool

SoundHound AI (NASDAQ: SOUN) stock has been on fire over the past month, with astounding gains of 254%, and Nvidia has played a big role in this stunning surge. Investors rushed to buy SoundHound AI stock hand over fist after Nvidia disclosed a stake in the company. However, SoundHound AI's eye-popping run came to a halt following the release of its fourth-quarter 2023 results, which were released on Feb. 29.

Stakes 248
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Want to Own All the "Magnificent Seven" Stocks? Buy One of These Vanguard ETFs.

The Motley Fool

Investing can be tedious. That's especially the case when you want to buy multiple stocks. It's not difficult, but it can take a while. That's where exchange-traded funds (ETFs) come in handy. You can buy many stocks in one fell swoop. With the so-called "Magnificent Seven" stocks powering the overall stock market, some investors could be interested in scooping up all of them.

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10 Little-Known Perks of a Sam's Club Membership

The Motley Fool

Image source: Getty Images Sam's Club boasts more than 69 million members, many of whom know precisely what they want to buy before entering the warehouse club. While it's good to have a plan, it's important to update it occasionally. If you're a Sam's Club member who finds themselves picking up the same items every week, it's possible you're missing out.

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How to Turn $10,000 Into $1 Million by Retirement

The Motley Fool

Making money in the stock market doesn't have to be difficult or complicated. It can get that way, however, if you try to get too greedy or aggressive. If you're willing to stay the course and buy and hold investments that you're willing to be patient with, it's not impossible by any means to grow a $10,000 portfolio to $1 million or more by the time you retire.

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April Is Here! 3 Stocks to Buy With Your Tax Refund

The Motley Fool

By the time the stock market next opens, April will be here. With that month comes the standard April 15 filing deadline for U.S. income taxes. As of March 15 -- one month before the deadline -- the average taxpayer getting a refund will see a decent $3,109 payment headed their way. Although in most cases, a refund simply represents a repayment of previously overpaid taxes, it still feels nice to get that cash back.

Taxes 246
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The Single Best Strategy to Save for Retirement in 2024

The Motley Fool

Image source: The Motley Fool/Upsplash Everybody needs to save for retirement. Whether you're doing this already or are about to start, you probably want to build your retirement savings as efficiently as possible. There's a smart strategy you can follow to help with this, but nearly half of Americans haven't tried it. The best way to save for retirement is through retirement accounts.

Taxes 246
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Am I All Set for Retirement With a $3 Million IRA?

The Motley Fool

Many seniors retire with little to no savings and wind up heavily reliant on the benefits they receive from Social Security. That's not a good thing, though, because those monthly benefits generally will not come close to replacing your pre-retirement paycheck in full. That's why it's so important to do your part to save independently. Now Motley Fool research finds that the median retirement savings balance among Americans aged 55 to 64 is $185,000 as of 2022, while the median balance among tho

Investing 246
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Bankruptcy Is Not the End: How to Rebuild Your Finances

The Motley Fool

Image source: Getty Images If you've recently filed for personal bankruptcy protection, you're not alone. According to U.S. Courts, 416,607 filings nationwide were made in 2023, up 12% from the previous year. Bankruptcy can be a tough time in anyone's life, leaving them worried that they may never get their finances back on track. Nothing can be further from the truth.

Finance 246
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Social Security's 2025 Cost-of-Living Adjustment (COLA) Is on Track to Yield a Double Dose of Disappointment

The Motley Fool

For most Americans, Social Security is a vital program they couldn't live without. An analysis from the Center on Budget and Policy Priorities found that it pulls 22.7 million people above the federal poverty line each year. Meanwhile, annual surveys from Gallup spanning more than two decades have shown that 80% to 90% of retirees count on their monthly payout from Social Security to cover at least some portion of their expenses.

Funds 246
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Here's the Average Retirement Savings for 55- to 64-Year-Olds

The Motley Fool

The average American household thinks it needs nearly $1.3 million to retire comfortably. Unfortunately, most Americans approaching retirement aren't anywhere close to that number. While workers have a lot of opportunities to catch up on their savings in their late 50s and early 60s, most of these near-retirees may find their retirement accounts coming up short of their goals.

Education 246
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This Is One Huge Reason I Wouldn't Be Interested in Becoming a Costco Member

The Motley Fool

Image source: Getty Images Many people love Costco and claim the warehouse club helps them keep a ton more of their money in their bank account due to the great deals on offer. But while I've been tempted to consider a membership in the past, there's actually one really big reason why I don't feel like Costco membership would be the right choice for me in the end.

Finance 246
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A Lifetime of Passive Income Is Hiding in Plain Sight

The Motley Fool

Most of us go to a retail store at least once a week. We shop for groceries, pick up a prescription, grab snacks, or buy something to tackle a repair project. We're often so focused on the money we're spending that we don't see the income potential hiding in plain sight. Investing in retail real estate can be a great way to generate passive income that can last a lifetime.

Taxes 246
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Forget Apple: I Think This Stock Should Replace It in the "Magnificent Seven"

The Motley Fool

The "Magnificent Seven" stock club is almost a year old now, and some of the predictions that originally inspired it are playing out as expected. The "baby bubble" that Bank of America analyst Michael Hartnett foreshadowed in May 2023 is losing some air. I'm looking at you, Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL). The electric vehicle pioneer and the iPhone maker have underperformed the S&P 500 (SNPINDEX: ^GSPC) index since the term Magnificent Seven entered Wall Street's lexicon.

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Where Will New York Community Bancorp Be in 1 Year?

The Motley Fool

Share prices of New York Community Bancorp (NYSE: NYCB) have plunged roughly 75% from their 52-week highs. Most of the pain has come in the last three months following a terrible fourth-quarter 2023 earnings update. It appears likely that the bank will muddle through its current headwinds thanks to a little outside help. But how likely is it that NYCB will get back into fighting shape in the next year?

Banks 246
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Cathie Wood Thinks Palantir Could Disrupt Microsoft in Artificial Intelligence (AI). Here's Why I Think She's Right.

The Motley Fool

Earlier this month, Ark Investment Management CEO Cathie Wood sat down for a podcast conversation hosted by former NBA stars Andre Iguodala and Evan Turner. While Iguodala may be best known for his NBA accolades, the athlete has a prolific career off the court as a start-up investor. During the podcast, Wood spoke at length about major themes fueling the artificial intelligence (AI) narrative.

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1 Unstoppable Growth ETF to Turn $200 per Month Into $704,000

The Motley Fool

Investing in exchange-traded funds (ETFs) can be a fantastic way to generate wealth with minimal effort. Each ETF may contain dozens or hundreds of different stocks, taking much of the guesswork and research out of where to buy. Growth ETFs, in particular, are designed to earn above-average returns over time. The stocks in these types of funds have the potential for faster-than-average growth, so these ETFs are more likely to beat the market.