A screen displays stock charts while a trader works at his post on the floor at the New York Stock ExchangeThomson Reuters William Shippey retired early after he began day trading with an inheritance. The 44-year-old said he deployed several strategies to amass around $800,000 in wealth. He hasn’t worked in two years and says … Read more
Courtesy of Fortune Magazine Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. In the wake of President Donald Trump’s reciprocal tariff announcements, markets have see-sawed as investors try to find their footing — but depending on your investment perspective this might not be a bad thing. For … Read more
Earlier in our discussion, I told Caleb that I consider myself an optimist in the long term, but a cautious optimist in the short term. This is because while I’m bullish about being invested in the stock market, I’m well aware that the economy often goes into recession and stocks often go into corrections. This … Read more
“I like controlling my own future,” says the former Florida state legislator turned homebuilding mogul. On an average weekday morning at 5 a.m., homebuilding billionaire Pat Neal starts readying himself for work while mulling over the stock and bond markets. “Thought processes usually begin in the shower and are completed by 8:00 in the morning,” … Read more
NBC News Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Ray Dalio, founder of the world’s largest hedge fund, Bridgewater Associates, isn’t usually known for alarmist takes. But his latest warning is unusually stark. “Right now we are at a decision-making point and very close to a … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) October 2, 2008 in New York City.Spencer Platt/Getty Images Peter Berezin of BCA Research maintains a bearish outlook despite a tariff pause. Berezin predicts a 60% chance of recession, with the S&P 500 dropping to 4,500. Economic concerns include trade uncertainty, rising delinquencies, … Read more
Home buyers in Las Vegas are walking away from contracts in increasing numbers. High interest rates, financial anxiety and an oversupplied market are pushing many to rethink their purchases before closing. A recent Redfin report found 14.3% of U.S. homes under contract in April were canceled, marking the second-highest April cancellation rate on record, behind … Read more
Stock markets around the world slumped and oil prices surged after Israel on Thursday launched a military strike on Iran. Two hours before the start of trade in the U.S., S&P 500 futures contracts fell 65 points, or 1.1%, to 5,984, while futures on the Dow Jones Industrial Average and Nasdaq Composite dropped 1.1% and … Read more