What 5 Stocks Does Warren Buffett Own? A Deep Dive into the Oracle of Omaha’s Portfolio

Even though the CEO of Berkshire Hathaway (BRKB) follows a successful investing formula, that doesn’t mean sitting still, so you need to stay up to date on Warren Buffett stocks. Berkshire increased its stake in the oil patch by purchasing Occidental Petroleum (OXY) and Chevron (CVX). Warren Buffett, the legendary investor and CEO of Berkshire … Read more

How Much Super Do You Need to Buy an Investment Property?

Investing in property through your Self-Managed Super Fund (SMSF) can be a powerful wealth-building strategy. However, before you embark on this journey, it’s crucial to understand how much superannuation you need to get started. This article explores the key factors that determine the required super deposit and provides a handy calculator to help you estimate … Read more

What Happens to My IRA if the Stock Market Crashes?

The stock market is a dynamic entity, experiencing periods of growth and decline. While a crash can be unsettling, it’s essential to understand its potential impact on your IRA and how to mitigate risks. Understanding IRAs and Market Fluctuations An IRA (Individual Retirement Account) is a tax-advantaged investment vehicle designed to help individuals save for … Read more

Penny Stocks: Are They Worth the Risk in 2024?

Penny stocks are among the riskiest investments available in the equity market. These stocks typically have a good reason for their low price, which is less than $5 per share. For instance, a penny stock may be associated with a previously successful business that is currently facing bankruptcy or that was forced to delist from … Read more

How Often Can You Sell on Robinhood? A Comprehensive Guide to Day Trading Rules and Strategies

Understanding the Pattern Day Trader Rule Before diving into the specifics of selling on Robinhood it’s crucial to grasp the concept of the Pattern Day Trader (PDT) rule. This rule, implemented by the Financial Industry Regulatory Authority (FINRA) restricts the frequency of day trades within a margin account. What is a Day Trade? A day … Read more

What Can You Do With $1 Million?

Editorial Note Reviewed: Forbes Advisor partner links provide a commission to us. Commissions do not affect our editors opinions or evaluations. Even though a million dollars may not be as much as it once was, it’s still a sizable sum of money. The catch is that $1 million can disappear quickly if it is not … Read more

Why Do Financial Advisors Push Annuities?

Annuities are becoming more and more appealing as a component of retirement planning due to factors like rising interest rates, pressure on Social Security, unstable markets, and longevity risks. Are you aware of the kind of retirement product that saw sales soar 2044 percent in 2020 22 22% 20E2 80% 94 and earned praise and … Read more