Investors who follow the technology industry closely have likely heard a lot about the graphics processor maker NVIDIA Corporation (NASDAQ:NVDA) over the past few years. That may be because the company’s shares are up more than 950% over the past three years, and because it’s benefiting from the growth of emerging technologies including artificial intelligence (AI) and autonomous vehicles.
The big banks tend to grab most of the headlines, but there are some good reasons to look at the smaller end of the banking spectrum. Not only do smaller banks have more room to grow, but they also have some other advantages, such as lower compliance costs. Three smaller banks three of The Motley Fool’s contributors think are worth a look right now are BofI Holding(NASDAQ:BOFI), Sandy Spring Bancorp (NASDAQ:SASR), and Western Alliance Bancorporation (NYSE:WAL).
These three Motley Fool contributors think now could be the perfect time for biotech investors to add Spark Therapeutics (NASDAQ:ONCE), Esperion Therapeutics (NASDAQ:ESPR), andCelgene Corp. (NASDAQ:CELG) to portfolios. Why? An overreaction to trial data could mean Spark’s shares are on sale, Esperion Therapeutics has big news fast approaching, and Celgene may be one of biotech’s best bargain-bin buys.
Despite having zero evidence to support their claims, the mainstream media constantly rolls out headline after Read more
Whether you realize it or not, the current economic expansion is close to making history. Having begun in June 2009, following the steepest recession this country has seen in more than 70 years, the current expansionary cycle just completed its 109th month. If the U.S. economy manages to continue expanding all the way through next July, it’ll top the 120-month economic expansion that led up to the dot-com bubble as the longest ever.
The Street mostly seems to be in agreement about Apple‘s (NASDAQ:AAPL) fiscal third-quarter results: They were solid all around. Thanks to strong performance in every geographic segment and big lifts from iPhone, services, and the Other Products segment, revenue increased 17% year over year while earnings per share soared 40%.
Tech investing isn’t for the faint of heart, but the gains can be life-changing if you buy the right companies and hold onto them for the long term.
A major pension crisis has made its way to Harvey, Illinois. Now, the whole State might suffer while you foot part of the bill…
In a city with 20% unemployment, property taxes over 5%, and home values declining by 80% over the last decade, greed and incompetence from Harvey, Illinois’ government seem to have a higher priority over solving economic problems.
Since Illinois doesn’t allow cities to file bankruptcy on pension debt, each fund has to be “paid.” So Harvey has to cough up tax revenue to pay down its debt.
But the funds aren’t there, and robbing Peter to pay Paul can only last so long.
Citizens of All 50 States Will be Affected
The pension crisis unfolding in Illinois serves as a stark warning to local governments across the country.
According to a mid-2017 report by Lombardi, all 50 states might experience profound pension challenges:
“A study of the 649 different pension systems…found systematic problems with the assumptions underlying many trusts… This will have profound effects on citizens of all 50 states… In short, a pension crisis is in the works.”
The “crisis in the works” is unfolding, now. Back in 2012, 37 of 50 state pension plans were underfunded. Six years later, almost every single state in the Union has an “unbalanced budget due to runaway pension costs”.
Plus, outdated State pension plans are eating up the tax revenue of their respective state budgets.
How to Hedge Against the Risk
As “hidden debt” eats away at state budgets, you might end up footing the tax bill. The implosion of an outdated pension system could result in retirees losing all of their retirement benefits.
Don’t leave your hard earned savings exposed. That’s why so many have already moved their savings into something that’s proved, time and time again, to protect against economic uncertainty: physical gold.
While you still can: Get a FREE Info Kit on Gold here. There is zero cost and zero obligation to you – we’ll even pay for shipping.
Plus, this 16-page “insider’s” guide reveals the little-known IRS Tax Law to move your IRA of 401(k) into an IRA backed by physical precious metals – without paying any taxes on the transfer.
It’s an excellent option for anyone who wants to take advantage of this opportunity with any savings in their retirement account.
But remember, you must act soon. Once the crisis completely unfolds, it may be too late to take advantage of this opportunity. To get started, click here to get this free info kit on gold.
Millions to be Hit Hard by this U.S. Scheme to Confiscate Your Savings
China Just Launched this Attack on the USD
The Sneaky IRS Tax Law that’s Sweeping the U.S.
Several big banks are getting in trouble for unethical practices. Here’s how the resulting uncertainty in the market could have ripple effects on the economy… Read more
Day one as a publicly traded company started off with a bang for Canadian marijuana grower Tilray (UNKNOWN:UNKNOWN). And day two continued the momentum.