getty The Dow Jones rallied on Tuesday for the second consecutive day, and broke above the 30,000 mark for the first time in history. Positive vaccine news spurred the rally, as well as optimism on an economic recovery in 2021, political clarity as the Trump administration finally began the presidential transition, and strong approval over… More
It is almost impossible to discharge student loans in bankruptcy. Only about 1 in 2,500 student loan borrowers who file for bankruptcy succeed in obtaining a full or partial discharge of their student loans. Nevertheless, there are several ways that borrowers can qualify for a bankruptcy discharge. Here’s how. Student loan borrowers may be able… More
deagreez Finding money in your house isn’t about actually finding money in your house. As satisfying as it is to be going through your laundry to discover a forgotten $20 in the back pocket of your jeans, I’m talking about saving and excess. Found money is saved money and saved money is found money. It’s… More
Chase Coleman (Trades, Portfolio), founder of Tiger Global Management and one of Julian Robertson (Trades, Portfolio)’s former “tiger cubs,” disclosed his third-quarter portfolio earlier this week. As an early investor in Facebook Inc. FB (NASDAQ:FB) and Spotify Technology SA (NYSE:SPOT), the guru’s New York-based hedge fund is known for focusing on small-cap stocks and technology startups. He also searches for… More
The U.S. Department of Education has made improvements in the application forms for two of the most popular student loan forgiveness programs. Unfortunately, there haven’t been any significant improvements in the approval rates. The improvements affect the Borrower Defense to Repayment Application and Public Service Loan Forgiveness (PSLF) Help Tool and application. New application forms make it… More
Stock market financial growth chart on dark background. Getty The Most Attractive Stocks (-1.3%) outperformed the S&P 500 (-3.2%) from October 7, 2020 through November 2, 2020 by 1.9%. The best performing large cap stock gained 12% and the best performing small cap stock was up 21%. Overall, 25 out of the 40 Most Attractive stocks outperformed the… More
IRS announced the retirement contribution limits for 2021. getty The Internal Revenue Service (IRS) recently announced some adjustments to the income limitations on retirement account contributions for 2021. These changes were in the works regardless of who won the 2020 presidential election. President-elect Joe Biden has laid out ambitious plans to improve retirement savings rates,… More
Getty getty What’s the smartest way to consolidate debt? Here’s what you need to know. Consolidate Debt If you have credit card debt, you’re not alone. The smartest strategy to pay off credit card debt is through credit card consolidation. When you consolidate credit card debt, you combine your existing credit card debt into a… More
getty Most investors aspire to hold those stocks that deliver exceptional returns over time. But could you stomach the ride? Perhaps not, suggests recent research. Most high-performing stocks don’t see a smooth upward trajectory and the ride can be bumpy. It’s a good reminder that volatility is a fact of life for investors, even if… More
UKRAINE – 2020/08/26: In this photo illustration one hundred US dollar banknotes are seen on … [+] display. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images They’ve been making money. They’ve been paying dividends in excess of 3%. Their price/earnings ratios are well below that of the stock market… More
SHENZHEN, CHINA – 2020/10/05: Qualcomm Snapdragon mobile processors sign seen on the screen of an … [+] OPPO Reno 4 Pro smartphone. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Shares of chip giant Qualcomm QCOM have spiked 138% to a record high of about $145 since bottoming out this… More
President-Elect Joe Biden (Photo by Drew Angerer/Getty Images) Getty Images Your student loans may look a lot different under President Joe Biden. Here’s what you need to know. Student Loans President-elect Biden has a clear plan for your student loans. As he articulated during his presidential campaign, Biden would make several changes to student loan… More
Topline Billionaire hedge fund manager Leon Cooperman, the longtime chairman and CEO of now-defunct investment advisory Omega Advisors, isn’t bullish on the economy’s long-term outlook, but the short-term should be favorable for stocks—even if election results are challenged, he said on CNBC Friday. Leon G. Cooperman speaks during a conference in New York City back… More
What will your state’s tax hike pay for? Education, bridges, public transportation? getty Arizona has likely flipped from a red state to a blue state, and along with that momentous change, its voters on election day have approved a massive state income tax hike on high earners. Put one way, it’s a 3.5% state income… More
Topline The Trump campaign on Wednesday vowed to demand a recount in the critical battleground state of Wisconsin, confirming Wall Street’s contested election warnings that have drawn comparisons to the 2000 Bush-Gore presidential race, when results were decided by the Supreme Court in December of that year; here’s how that delay tanked markets. George W.… More
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