Dollars today are worth a whole lot more than dollars you might receive a few years from now, so when a relatively conservative market research provider pins an 11-digit net present value to a drug still in development, it pays to understand why.
This year has been a pretty good one for energy stocks. Thanks to improving oil prices, the average energy stock as measured by the Vanguard Energy ETF (NYSEMKT: VDE) — which holds more than 140 energy stocks — is up about 6% for the year, outpacing the 4% gain for the S&P 500.
To buy and hold stocks for a lifetime isn’t easy. You should not only be able to ignore the day-to-day meanderings of the stock market but be headstrong to cut through the noise and hold on to your conviction, year after year.
Many conservative investors gravitate toward blue-chip dividend stocks with healthy yields well above what the overall market pays. Right now, the market average of about 2% isn’t all that much for income-hungry investors, especially as bond rates start to rise more sharply.
Last year, cryptocurrencies were virtually unstoppable. When the clock struck midnight on 2017, the aggregate value of virtual currencies had soared by almost $600 billion, or more than 3,300%, when all was said and done. It’s probably the single greatest year we’ve ever witnessed for any asset class.
After three challenging years, the oil market is showing real signs of improvement. Oil prices, which many in the industry expected would be at or below $50 a barrel this year, are now above $70. Crude might not be done running higher due in part to the fact that oil producers in the U.S. are taking a much different approach to how they allocate their oil-fueled cash flows.
Last year, the cryptocurrency market truly gave Wall Street and investors something to marvel at. From the beginning of 2017 to its end, the combined value of all digital currency market caps soared by nearly $600 billion. On a percentage basis, we’re talking about an increase in value of more than 3,300% in a single year. No other asset class has ever come close to these scorching single-year returns, and we may never see anything like it again, at least in our lifetime.
Take a look at someone’s savings account and you can learn a lot about what type of lifestyle they lead and how they feel about risk.
Public school teachers, church staff, not-for-profit hospital workers and other employees of nonprofits are eligible to sock away thousands of dollars each year in a 403(b) retirement plan at work.