• Investors should sell certain stocks including Apple into 2021, says Goldman

    3 days ago - By CNBC

    Goldman Sachs scanned its coverage universe for stocks that have at least 10% total return downside ahead.
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  • Stocks still have major upside potential with the Fed poised to backstop sluggish stimulus progress, says the world's largest wealth manager

    Stocks still have major upside potential with the Fed poised to backstop sluggish stimulus progress, says the world's largest wealth manager

    3 days ago - By Business Insider

    Summary List Placement
    Investors continue to cling onto hope that another round of fiscal stimulus to combat the COVID-19 pandemic will be passed by Congress.
    While more stimulus would likely provide a boost to stocks, any setbacks in the deal making process "won't derail equity rally," UBS chief investment officer Mark Haefele said in a note on Friday.
    Potential setbacks became clear this week after Senate Majority Leader Mitch McConnell called a stimulus proposal from the Democrats "unserious."
    "While near-term uncertainty could persist, we believe the case for further upside in global...
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  • I had a child at 18, and I can tell you: Raising kids doesn't have to be as expensive as they say

    I had a child at 18, and I can tell you: Raising kids doesn't have to be as expensive as they say

    3 days ago - By Business Insider

    Summary List Placement
    I had a child at 18 and was overwhelmed when I learned that the USDA estimates the cost of raising a child to 18 to be between $233,000 and $284,570.
    In the years I've been a parent, though, I've spent a lot less without sacrificing our safety, comfort, or closeness.
    We find lots of fun things to do for free, and I've kept our housing costs down by renting and owning a small home. I know my son doesn't need a big, expensive house to enjoy his childhood.
    I also stopped stressing about the little things when I learned that kids forget a lot of their earliest...
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  • Brad McGill's fund is beating 99% of its peers this year. The small-cap manager shares how he invests for big wins and where he is finding opportunities amid a 39% return year-to-date

    Brad McGill's fund is beating 99% of its peers this year. The small-cap manager shares how he invests for big wins and where he is finding opportunities amid a 39% return year-to-date

    3 days ago - By Business Insider

    Summary List Placement
    Small-cap stocks have been on a tear recently as positive vaccine news encourages investors to bet on a sped-up economic recovery that will boost smaller US companies' growth prospects.
    We caught up with Brad McGill, a first-percentile small-cap portfolio manager, to learn about how he seeks out companies that he thinks can "generate a minimum of 50% absolute return over two years."
    McGill runs the $313 million Aperture Discover Equity fund , which has returned almost 39% and beaten about 99% of its category peers so far this year, according to Morningstar Data .
    His...
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  • The world's biggest crypto fund manager says Bitcoin is the next step in the evolution of money - and 'I can't use it to buy coffee' is no longer a sound argument

    The world's biggest crypto fund manager says Bitcoin is the next step in the evolution of money - and 'I can't use it to buy coffee' is no longer a sound argument

    3 days ago - By Business Insider

    Summary List Placement
    Bitcoin is not a fad that will fade away, said Michael Sonnenshein, managing director of Greyscale Investments.
    Investors understand that "buying Bitcoin and putting it in their portfolio is meant to be a store of value, inflation hedge, a digital gold, a digital form of money," Sonnenshein told Business Insider.
    Investors should not get hung up over the fact that there are only 21 million Bitcoin that will ever exist, because each coin has a 100 million units.
    Investors like the fact they can buy a fraction of the coin and add to their position over time, the crypto...
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  • 'The unwinding of this bubble is going to be painful': A renowned stock bear says today's investors can expect negative returns for the next 12 years - and warns of a looming 66% stock plunge

    'The unwinding of this bubble is going to be painful': A renowned stock bear says today's investors can expect negative returns for the next 12 years - and warns of a looming 66% stock plunge

    3 days ago - By Business Insider

    Summary List Placement
    "Oh, man. The unwinding of this bubble is going to be painful."
    That's what John Hussman - the former economics professor turned president of the Hussman Investment Trust who's known for his persistently bearish views - said in a recent client note in reference to today's stock market.
    "I continue to expect the S&P 500 Index to lose two-thirds of its value over the completion of the current market cycle," he said. "That loss would not even breach historical valuation norms, but it would at least bring our estimates of long-term expected S&P 500 returns closer to...
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