Warren Buffett Advice: Why You Should Pick Businesses, Not Stocks

Warren Buffett, the chairman of Berkshire Hathaway (BRK.A), is the most successful investor of our time. His daughter, Susan, worked as my assistant when I was the publisher of a magazine 40 years ago. Just before she got married, Susie told me she worried that her fiancé’s parents had bought a couple of shares of… Continue reading Warren Buffett Advice: Why You Should Pick Businesses, Not Stocks

US risks ‘funding our own destruction’ if investor capital flows to Chinese defense firms, key lawmaker says

Rep. Mike Gallagher urged President Biden to widen limits on US investments in China. Forthcoming restrictions should cover US participation in Chinese public markets, he said. “If American capital continues to flow to Chinese military companies, we are at risk of funding our own destruction.” Loading Something is loading. Thanks for signing up! Access your… Continue reading US risks ‘funding our own destruction’ if investor capital flows to Chinese defense firms, key lawmaker says

US stocks fall as bond yields jump and investors await Apple, Amazon earnings

Jennifer Sor Lucas Jackson/Reuters US stocks closed lower on Thursday as investors awaited for Apple and Amazon earnings to roll out. The 10-year Treasury surged 11 basis points, continuing its rise following Fitch’s US credit downgrade.  Commentators say that US dollar and Treasury assets are still a safe haven for investors.  Loading Something is loading.… Continue reading US stocks fall as bond yields jump and investors await Apple, Amazon earnings

The US dollar and Treasurys remain global safe havens even after Fitch’s debt downgrade, Goldman Sachs says

US dollars and Treasurys still remain global safe havens, according to Goldman Sachs.The comments came after Fitch downgraded US debt to AA+ from AAA.”Investors still need to turn to Treasuries when they need safety in a hurry,” Goldman said. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading The US dollar and Treasurys remain global safe havens even after Fitch’s debt downgrade, Goldman Sachs says

Elon Musk has a plan to create a hub on X for users to trade stocks, report says

Elon Musk’s X app is looking to build a stock-trading hub within the platform, according to Semafor. The outlet cited sources and a request for plans sent to large financial-data firms by X. Musk said, “No work is being done on this to the best of my knowledge.”  Loading Something is loading. Thanks for signing… Continue reading Elon Musk has a plan to create a hub on X for users to trade stocks, report says

‘Rich Dad Poor Dad’ author Robert Kiyosaki warns of a market ‘crash landing’ after US credit rating gets slashed

Investors should brace for an epic “crash landing” to hit markets and the economy, Robert Kiyosaki said. The “Rich Dad Poor Dad” author pointed to Fitch’s move to slash the US credit rating from AAA to AA+. That’s the “first shoe to drop,” Kiyosaki said, suggesting more tumult was on the way. Loading Something is… Continue reading ‘Rich Dad Poor Dad’ author Robert Kiyosaki warns of a market ‘crash landing’ after US credit rating gets slashed

What Is an ETN?

There are thousands of ETFs, or exchange-traded funds, in the modern investing environment. But what is an ETN, and how is this product similar or different from an ETF? An ETF is a type of investment fund that makes sense when you unpack the first three words of the acronym. It’s “exchange traded,” meaning it… Continue reading What Is an ETN?