1 Top Stock You Can Buy and Hold for the Next Decade
A decade is a long time. It may sound arrogant to recommend a stock that you can buy today and profitably hold for the next 10 years, but it’s certainly possible to find such winners. In fact, I’ve done it before. A quick glance at my Motley Fool CAPS profile shows that I’ve picked four […]
Better Buy: The Home Depot, Inc. (HD) vs. Sherwin-Williams (SHW)
Shares of The Home Depot (NYSE:HD) and Sherwin-Williams (NYSE:SHW) have both crushed the market over the past decade, helping investors earn fortunes along the way. But which of these home-improvement giants is the better buy today? Read on to find out. Competitive advantage Sherwin-Williams is the market leader in the $125 billion paint and coatings […]
Why aren’t most Americans rich? These theories may help explain it
What does it take to become wealthy? Most Americans believe it takes $2.4 million in personal net worth, or nearly 30 times the actual median net worth of U.S. households to be considered wealthy, according to the Modern Wealth Index, a June 2017 study by Charles Schwab and Koski Research, a market research company in […]
Americans are working hard and getting nowhere
In this post-Recession era of economic uncertainty, financial security has been increasingly elusive for many Americans, calling into question how the labor market can promote wealth accumulation for workers. For insights and suggestions about this, The Aspen Institute think tank held a panel in Washington, D.C. in June: The Future of Work and Wealth. The […]
Here are 5 ways to save on surging gas prices
Gas prices this week are expected to be the highest Independence Day average in years. But changing up your driving habits can save you serious money at the pump. Across the U.S., the American Automobile Association expects gas prices to hit an average of $2.86 per gallon this week. That’s up from $2.23 a year […]
Here’s exactly when you’ll become a millionaire if you save $300 per month
If you’re aiming to build a $1 million retirement fund, as recommended by experts, regularly saving and investing can put you well on your way to reaching that milestone by age 67. Are you on track? If you start in your 20s, you should aim to put away around $400 a month. But that’s not […]