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The summer on Wall Street wasn’t cruel after all. In fact, it was strong. The S & P 500 climbed 3% between Memorial Day and Labor Day, hitting a record closing high of 7,798.99 along the way. The equal-weighted version of the S & P 500 had an even better summer, rising 6%. Some on…

Bill Lewis worked on Wall Street for more than 20 years but was laid off in 2013. After the layoff, he went into business for himself and invested his 401(k) into a franchise. The franchise failed after four years, and he’s been driving for Uber and Lyft ever since. This as-told-to essay is based on…

Rocket Lab sits deep in the red after a rocket test failure spooked investors, yet one top Wall Street analyst just doubled down with a target that implies the stock more than doubles from here. The question is whether the… Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) currently trades at $64.26, well below the Wall…

As President Donald Trump vows to lead the Republican Party to victory in the midterm elections this fall, a prominent ― and conservative-leaning ― outlet is predicting a different outcome for the GOP. The Wall Street Journal on Monday published an editorial suggesting Republicans could be on the brink of a “Senate wipeout” in the…

Picture Perfect · Shutterstock.com High living costs have delayed retirement plans, with some people deciding that they will work until they die. Financial guru Suze Orman recommended a different approach in one of her blog posts.  She believes that people should look to improve their finances right now with actionable steps so they have the…

A mutual fund can generate strong returns over a period without its investors necessarily earning the same returns. In some cases, the difference can be surprisingly large, depending on when investors put their money into the fund. Small-cap funds provide a striking example. Between March 2013 and June 2020, the category generated a 14.8% CAGR,…

Wall Street returned from the Labor Day break to a sell-off on Tuesday, with rising crude oil prices and renewed tensions between the US and Iran weighing on investor sentiment. The Dow Jones Industrial Average fell 641 points, or 1.2%, shortly after the opening bell. The S&P 500 was down 0.4%, while the Nasdaq Composite…

With a start date of Oct. 12, 2022, the current bull market is now nearly four years old. And by some measures, that’s a potential problem. See, the S&P 500‘s (^GSPC -0.34%) average bull market only lasts 2.7 years. That’s the number from mutual fund company Hartford, anyway, based on the 27 bull markets since…

As the world order finds its new balance, some of the pieces in motion are made of solid gold. Major European central banks have begun repatriating their gold reserves held at the Federal Reserve Bank of New York. The Netherlands made this public last week, but France and Germany had already taken recent steps in…

Income investing offers a simple premise. First, invest a fixed amount of money into one or more assets. Second, sit back and collect the income as it rolls in. What isn’t always so simple, though, is selecting the best assets that can generate dependable income. However, the energy sector is loaded with great ideas to…