One of the words you’ll hear most when talking with experts about investing in commodities is “hedging.” Commodities have been historically viewed as a hedge against inflation because rising consumer prices are often linked to rising commodity prices. “Commodity-focused exchange-traded funds, exchange-traded notes and mutual funds are probably among the simplest ways for investors to gain exposure to various commodities without directly…
Elon Musk, Jeff Bezos, Bill Gates, and Warren Buffett are among the world’s most well-known billionaires. But Bernard Arnault (and his family) is actually the world’s richest person, according to Forbes. However, on May 23, Arnault lost a whopping $11 billion. Don’t feel too bad for Arnault — what lowered his net worth is the same force that made him the world’s…
Penny stocks often offer tremendous upside for investors. As a result, they also expose investors to significant risk as well. One of the highest risk-to-reward subsectors of penny stocks is biotech. It offers dozens of get-rich-quick opportunities that are ultimately all predicated on FDA approval. Most fail. This list includes zero biotech firms, but also offers double-your-money potential across various…
The electric vehicle (EV) industry is at the heart of the worldwide push towards a more sustainable future. As countries work towards reducing their carbon footprints, the demand for EVs is expected to increase aggressively. However, investors need to differentiate between true innovators and mere players in the field, thereby investing in the best EV stocks to buy to optimize their returns…
Imagine the batteries in your smartphone or your friend’s electric scooter. They’re likely powered by lithium, a lightweight metal that’s crucial for making rechargeable lithium-ion batteries. These batteries are everywhere these days – in phones, laptops, electric cars, and even some renewable energy storage systems. So, the companies that mine lithium and process it into a form that can be…
While the tech industry is under pressure due to the macroeconomic challenges, its long-term prospects look bright. According to the most recent Gartner, Inc. prediction, global IT spending would hit $4.6 trillion in 2023, a 5.5% rise from 2022. Investors’ interest in tech stocks is evident from the Technology Select Sector SPDR ETF’s (XLK) 12.7% returns over the past three months and…
When I work with clients who are still in their working years, I encourage them to continue investing through thick and thin, in every market cycle. That’s a pretty easy process for those who can schedule automatic paycheck withdrawals into an employer-sponsored account, such as a 401(k). That’s known as dollar-cost averaging. It’s a straightforward investment strategy whereby an account…
Even the most experienced investors have only so many hours in the day to perform their due diligence. That’s where analyst ratings can be helpful. Analyst upgrades and downgrades frequently move stocks. Can analysts get it wrong? Of course they can. That’s why analyst upgrades shouldn’t be the only consideration for investors. But in many cases, they can point investors…
ChatGPT has made headlines as a viral new technology. The chatbot using artificial intelligence (AI) can not only answer user questions with conversational replies, but it’s also the fastest-growing app in history. Since launching in late 2022, ChatGPT has grown to 1.6 billion visitors in just months. Microsoft has invested in OpenAI, the company behind ChatGPT, and integrated its technology into…
I like companies that generate large amounts of free cashflow. I get excited when shares of a high cashflow look very cheap in relation to the cash being produced by the business. In short, I like companies that make a lot of money. If you’re like me, consider refining stocks. Let me show you one of my favorite ones… This…