Ethical violations and criminal activities in various industries have affected our economy over the past few decades, particularly in the banking, financial, and housing sectors. When it comes to financial crimes, mortgages provide ample opportunity for bad actors to steal, defraud, or cut corners. Let’s examine the complex ethical and criminal issues surrounding mortgage fraud.
Chamath Palihapitiya speaking at the 2017 Delivering Alpha conference in New York on Sept. 12, 2017. David A. Grogan | CNBC Consumers have been sitting at home for months and months, and without typical things to spend money on, assets in bank accounts are growing. And that is a positive sign for stocks, according to
A pedestrian wearing a protective mask walks past a closed restaurant as snow falls in New York, on Thursday, Dec. 17, 2020. Angus Mordant | Bloomberg | Getty Images December’s job growth likely slowed dramatically from November’s pace and could even be negative, as businesses and consumers responded to the spreading coronavirus. Economists expect 50,000
Listen to Preston’s podcast about studying billionaires here: https://itunes.apple.com/us/podcast/the-investors-podcast/id928933489 Peter Thiel is an American venture capitalist, author, and entrepreneur with a net worth of $2.6 billion, according to Forbes. In 2014, he was included in the Forbes Midas List at No. 4. In 2017, he was featured on the Forbes 400 list. Thiel co-founded PayPal
Education, paper trading and live trading with low shares should be used together to acheive success in the stock market. What is Paper Trading? -Trading stocks with a fake account or with fake money -A way to practice before doing live trading How to Train: -Get as much education as possible -Begin paper trading -Do
http://www.Zacks.com – Kevin Matras explains the PEG Ratio and how to use it for finding undervalued companies. Stocks highlighted include BUCY, DV, IMA, OSIS and SCHL.
Dividend stocks are very appealing to investors, for good reason. Growth stocks tend to make the headlines — with the 2020 pandemic, shareholders in key areas like vaccine development and working from home technology saw triple-digit gains. In contrast, dividend stocks don’t have the same degree of frenzy. Owning shares in companies that offer regular
Fisker (NYSE:FSR) is facing tough competition. What’s more, the company is still not conveying any concrete points that differentiate its upcoming Ocean SUV. Because of that, I remain bearish on Fisker stock. Moreover, I’m less than thrilled with the automaker’s partnership with Magna (NYSE:MGA) as well as the fact that shares continue to trade at
With the sector’s strong performance last year, it may be challenging to find reasonably priced online retail stocks to buy. With the novel coronavirus accelerating the shift from bricks and mortar to shop at home, online retail stocks soared to what could be unsustainable valuations. What do I mean? Take a look at the forward
The craziest stock of 2020 is off to a crazy start to 2021. Tesla (NASDAQ:TSLA) started off 2021 by reporting 499,550 vehicle deliveries for 2020, missing its target of 500,000. Following the news, practically every stock in the market tanked. Tesla stock gained 3.4%. Source: Tudoran Andrei / Shutterstock.com Tesla’s stock price detached from reality
The New York Stock Exchange said it no longer plans to delist three Chinese telecommunications giants. In a late Monday statement, the NYSE said it dropped the plans after “further consultation with relevant regulatory authorities in connection with Office of Foreign Assets Control.” Hong Kong-listed shares of China Telecom, China Mobile and China Unicom rallied
Traders work on the floor of the New York Stock Exchange. NYSE Despite the chaos at the Capitol, the S&P 500 closed Wednesday at a new high, which baffled some observers. “I think most feel this [the Washington protests] is more of a one-off situation, that this as an isolated event as opposed to some
Take a look at some of the biggest movers in the premarket: Bed Bath & Beyond (BBBY) – The housewares retailer reported quarterly profit of 8 cents per share, short of the 19 cents a share consensus estimate. Revenue also fell short of forecasts, hurt by a steep drop in store traffic and higher freight
Short-term rental platform Airbnb (NASDAQ:ABNB) rewarded investors with holiday cheer to close out 2020. However, Airbnb stock is still not out of the woods regarding the pandemic. Source: BigTunaOnline / Shutterstock.com The lockup period after its initial public offering (IPO) has just come to an end. This, combined with the continuing pandemic, adds more than
Before I get into the details of the opportunity in Lemonade (NYSE:LMND), I want to talk about the entire market. LMND stock has a bright future, but there’s a lot of extrinsic risk because, astonishingly, Wall Street is thriving while Main Street is struggling. Source: Stephanie L Sanchez / Shutterstock.com Mom-and-pop businesses are dying while larger
“Time is money.” Source: Shutterstock It’s as true now as when Ben Franklin wrote that back in 1748 in his essay, Advice to a Young Tradesman. It takes time to compound your money and multiply your wealth. On the other hand, time spent out of the market often (usually!) results in lost profits. And here’s
The joys of self-employment are many, but so are the stressors. High among those is the need to plan for retirement entirely on your own. You are in charge of creating a satisfying quality of life post-retirement. When it comes to building that life, the earlier you start, the better. Luckily, there are several retirement
Signs of China Telecom, China Mobile and China Unicom are seen during the China International Import Expo (CIIE) at the National Exhibition and Convention Center in Shanghai, China, Nov. 5, 2018. Aly Song | Reuters The New York Stock Exchange will delist three Chinese telecommunication giants after all. The stock exchange will remove U.S.-traded shares
Democratic U.S. Senate candidates Jon Ossoff (R) and Raphael Warnock (L) of Georgia wave to supporters during a rally on November 15, 2020 in Marietta, Georgia. Jessica McGowan | Getty Images Democratic control of Congress should help keep the bull market in stocks going with a big boost of fiscal spending, but it could also
Download Preston & Stig’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston & Stig are the #1 selling Amazon authors of the Warren Buffett Accounting Book. The book can be found at the following location: http://www.amazon.com/gp/product/1939370159/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=1939370159&linkCode=as2&tag=pypull-20&linkId=XRE5CA2QJ3I2OWSW
Some people don’t understand that you can actually be a seller of options. They think that you can only buy a put or buy a call, but this is not the case. Just like a car dealer will sell you a car before it’s even in their inventory, you can do the same thing with
Preferred Stock ETFs add diversification and stability to your portfolio, in addition to juicy yields (PFF, VRP). ISHARES US PREFERRED STOCK ETF: http://www.zacks.com/funds/etf/PFF/profile?cid=cs-youtube-ft-card POWERSHARES VARIABLE RATE PFD PORTFOLIO: http://www.zacks.com/funds/etf/VRP/profile?cid=cs-youtube-ft-card Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
On so many levels, Chipotle Mexican Grill (NYSE:CMG) has been a winner. Gone are the days when the company was associated with a disturbing series of food-poisoning incidents, after which CMG stock traded at one point well under $300. Today Chipotle’s shares are above $1,350. Source: Northfoto / Shutterstock.com Therefore, congratulations are in order for
When recessions strike, the share prices of just about every company fall. This is because stocks are forward-looking and tend to overreact to both the upside and the downside. And when recessions do strike, investors rapidly discount negative earnings growth in the form of lower share prices. For some stocks, however — like Walmart (NYSE:WMT)
President-elect Joe Biden has an ambitious plan for a clean energy future. This includes a comprehensive plan to “achieve net-zero emissions, economy-wide, by no later than 2050.” If this plan makes progress, hydrogen fuel is likely to be a major investment theme in the coming decades. It’s therefore not surprising that hydrogen-related stocks have surged
In Europe, a bet is known as a “flutter,” and gambling on sporting events, even from a mobile app, is common. But the U.S. Supreme Court’s 2018 decision allowing each state to control sports betting, removing the exclusivity of New Jersey and Nevada casinos, means the whole business is becoming Americanized. And as such, DraftKings
Dan Henry, CEO of Green Dot Source: Green Dot Green Dot, a fintech player that’s often overlooked compared to bigger rivals PayPal and Square, has been on a tear lately, with its stock climbing 140% last year. Still, the company’s shares have ample room to run as it launches a digital bank account for low
Take a look at some of the biggest movers in the premarket: UnitedHealth (UNH) – The health insurer is buying health-care technology company Change Healthcare (CHNG) for $25.75 per share in cash, compared to Change’s Tuesday close of $18.24, or $7.84 billion. UnitedHealth will combine Change Healthcare with its Optum health IT unit. Walgreens (WBA)
I can see why many investors are excited about Jumia (NYSE:JMIA). Basically, JMIA stock is a bold bet on the rise of e-commerce in Africa. Yet — while it has the potential to scale into a massive online shopping powerhouse — you shouldn’t put the cart before the horse. Source: Christopher Penler / Shutterstock.com That is
Many market participants often flock to the latest 13F filing for the wealthy and well-known investors as they become available each quarter. Investors are often anxious to see what the likes of Warren Buffet and others are buying and selling. While most of us will never know the kinds of wealth that these individuals have,
Happy New Year! Source: Shutterstock I hope everyone had a wonderful holiday season and got the chance to safely see some loved ones and relax. I know I did, and now I am ready to face 2021 head on. A new year brings new opportunities … opportunities in the stock market and in many areas
The Consolidated Appropriations Act, 2021, signed into law Dec. 27, 2020, marks the third round of funding for the Paycheck Protection Program (PPP) which last ran out of funds Aug. 8, 2020. If you were unable to secure a PPP loan during the first two rounds, new funding of $284 billion will soon be up
Source: Oatly Vegan milk brand Oatly is planning a 2021 initial public offering that could raise $1 billion, sources familiar said. The company, which is backed by Blackstone, Oprah Winfrey and Natalie Portman, has hired Morgan Stanley, JPMorgan Chase and Credit Suisse to manage the offering, sources said. Oatly’s valuation will depend on the status
Cases of eggs from Cal-Maine Foods, Inc., await to be handed out by the Mississippi Department of Agriculture and Commerce employees to several hundred families along with over 1,400 boxes of meat products from Merchants Foodservice and 2,200 gallons of milk from Borden Dairy, at the Mississippi State Fairgrounds in Jackson, Miss., Aug. 7, 2020.
Download Preston’s 1 page checklist for finding great stock picks: http://buffettsbooks.com/checklist Preston Pysh is the #1 selling Amazon author of two books on Warren Buffett. The books can be found at the following location: This video is a practical exercise that shows students of the BuffettsBooks.com website how to find the terms they’ve been learning
Triple Top Pattern: – A reversal pattern. – It forms from a previous uptrend. – You need to be aware that this pattern has the potential to be multiple patterns, and you cannot be sure that it is a triple top until it hits the third point on the resistance line. – Once it breaks