MADRID, SPAIN – JANUARY 22: Alicia wears Nike trainers and Calzedonia tousers on January 22, 2017 in Madrid, Spain. (Photo by Pablo Cuadra/Getty Images)
Nike Inc. is scheduled to report earnings after Tuesday’s close. Nike’s stock hit a record high of $68.19/share in 2015 and is currently trading near $57/share. The stock is prone to big moves after reporting earnings and....More>>>
Warren Buffett has a long and successful history in the insurance industry, and it has been a cornerstone of Berkshire Hathaway’s (NYSE:BRK-A) (NYSE:BRK-B) growth strategy since the 1967 acquisition of National Indemnity. In fact, Buffett specifically referred to the insurance industry as Berkshire’s “most important sector” in his latest letter to shareholders. Here’s....More>>>
Chinese President Xi Jinping and President Donald Trump will meet for the first time on April 6-7 at the latter’s Florida resort, China’s foreign ministry announced Thursday.
The future relationship between the world’s No. 1 and No. 2 economies has been uncertain following the election of Trump, who accused China during his campaign of unfair trade practices and threatened to raise....More>>>
We continue to believe that financial stocks are quite undervalued as well. During the quarter we made a new investment in Ally Financial (NYSE:ALLY). Ally was founded nearly a century ago as General Motors Acceptance Corporation. Its purpose then was to provide financing to GM dealers and retail customers. Today, Ally is no longer owned by GM. It serves a wide variety of dealers (including Ford,....More>>>
Whether you contribute to a 401(k) that’s run by your employer or are currently retired and withdrawing money from a 401(k), it’s important to understand the tax structure of these accounts. Here’s an overview of how the tax rules of 401(k)s work, and how to maximize their tax benefits for you.
Contributions to a 401(k)
In most cases, 401(k) contributions are made....More>>>