Pros and Cons of a Backdoor Roth IRA

If your income exceeds the limits to contribute directly to a Roth IRA, you may have heard about the so-called ‘Backdoor Roth IRA,’ which allows traditional IRA conversions to Roth IRA regardless of income. This allows investors to continue funding a Roth IRA despite reporting a higher income. This loophole was set to be closed… Continue reading Pros and Cons of a Backdoor Roth IRA

The Best Labor Day Deals to Shop Today

Whether you’re down at the shore, traveling for a long overdue vacation, chilling with family, or barbecuing with friends, there’s still holiday sales you can’t afford to miss.  And we’re doing the hard work of finding some of the best deals of September. Even if you aren’t shopping for yourself, don’t miss out on early… Continue reading The Best Labor Day Deals to Shop Today

Nearly 2 years after the meme stock revolution, retail traders are holding on even as volatility hammers markets in 2022

Nearly two years since the meme-stock revolution, retail investors are still bullish as markets struggle.  Stocks have to fall further to discourage the “diamond hands” retail crowd, experts say. Retail investors are more likely to see volatility as an opportunity instead of a risk.  Loading Something is loading. After a short-lived summer rally, the stock… Continue reading Nearly 2 years after the meme stock revolution, retail traders are holding on even as volatility hammers markets in 2022

The US and other countries that sanctioned Moscow are likely importing Russian oil via India, report says

Russian oil is likely making its way to the US and other countries that have sanctioned Moscow, according to Petro-Logistics.  Indian imports of Russian crude have skyrocketed since the invasion of Ukraine.  Meanwhile, India’s exports of oil products have increased, and some of them likely originated in Russia. Loading Something is loading. Russian oil is… Continue reading The US and other countries that sanctioned Moscow are likely importing Russian oil via India, report says

Michael Burry and Jeremy Grantham have warned an epic stock market crash is underway. Here’s what 5 doomsayers expect to happen next.

Theron Mohamed Michael Burry. Andrew Toth/Getty Images Michael Burry and Jeremy Grantham have both warned the stock-market crash is well underway. Nouriel Roubini, Robert Kiyosaki, and Harry Dent also expect asset prices to plunge further. Here’s a roundup of what five market doomsayers are predicting. Loading Something is loading. Michael Burry, Jeremy Grantham, and other… Continue reading Michael Burry and Jeremy Grantham have warned an epic stock market crash is underway. Here’s what 5 doomsayers expect to happen next.

JPMorgan: Buy these 29 cheap stocks that are seeing ‘extreme dislocations’ in price and still delivering strong profits growth

US Markets Loading… H M S Premium Cheap stocks set for strong growth. Matthias Kulka/Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. So far, 2022 has been bad for growth stocks as investors flee to safety and value. If the economy begins to improve, these stocks… Continue reading JPMorgan: Buy these 29 cheap stocks that are seeing ‘extreme dislocations’ in price and still delivering strong profits growth

The US housing market is starting to develop cracks. These 3 charts show what’s going on — and why home prices could be about to drop.

Federal Reserve rate hikes are piling the pressure on the US’s hugely expensive housing market. Many analysts now expect US home prices to start falling soon, as cracks begin to show. Three charts show what’s going on in the market — and why prices might be about to drop. Loading Something is loading. The Federal… Continue reading The US housing market is starting to develop cracks. These 3 charts show what’s going on — and why home prices could be about to drop.