Strong growth prospects help fuel dividend stocks and other market sectors With once-unstoppable AI and other tech stocks struggling lately, investors have been making moves, but not out of stocks. Instead, they’re finding opportunities in other corners of the equity universe. Case in point: Shares of U.S. dividend-paying companies (as measured by the Dow Jones […]
The post Investors Look Beyond AI appeared first on ETF Trends.
American Century Investments announced a change for one of its ETFs Tuesday, renaming a midcap growth ETF. Per a press release, the asset manager has renamed the American Century Mid Cap Growth Impact ETF (MID) to the American Century Mid Cap Growth Insights ETF (ACMG). As part of the move, the firm has dropped ACMG’s…
Truist Financial Corp. is exploring a sale of specialty lender Afco Credit Corp. as new Chief Executive Officer Mike Lyons unloads non-core lending businesses to better focus on banking operations, according to people familiar with the matter. Processing Content The Charlotte, North Carolina-based bank is working with financial advisers to seek a buyer for Afco,…
Mistakes & best practices around HNW properties Loeppky says that the principal residence exemption is a powerful tool that advisors and clients can use to navigate some tax issues around one property. However, the choice as to which residence to claim under that exemption is an important one, and it should be optimized based on…
September’s rate hike was viewed by many officials as needed just in case inflation remains sticky.
Mortgage rates dipped slightly this week, despite growing turmoil in the bond markets that help determine rates as investors grow wary of inflation and rising federal debt. The average rate on 30-year fixed home loans dipped to 6.65% for the week ending Aug. 20, down 2 basis points from 6.67% the previous week, according to Freddie Mac….
Coast FIRE (also known as Coast FI) has been making the rounds on social media. But what exactly is this trending investing strategy, and is it realistic? What is Coast FIRE? Coast FIRE is an investment strategy where people aggressively invest for retirement until their portfolio reaches a target value, often called their “Coast FIRE…