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3 Big Dividend Stocks Yielding Over 8%; JMP Says ‘Buy’

From the end of March through the end of August, stocks had a tremendous runup to record high levels. The gains completely wiped out the losses from the mid-winter ‘coronavirus collapse,’ and it looked like we were in for a sustained run of good days. But all of that changed as September rang in. The market hit a bump, and has been undergoing a correction. The Nasdaq is down nearly 7%, and volatility has been high so far this month.A new report from Canaccord’s Tony Dwyer puts the situation into perspective by pointing out the major source of uncertainty: “In …read more […]

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4 Stocks Ancora Advisors Added to Its Portfolio (and 1 It Dumped)

Frederick Disanto’s Ancora Advisors is a Cleveland-based boutique investment firm that provides asset management, family wealth, and retirement planning services to its clients. DiSanto has served as Ancora’s CEO since 2006 and leads the firm’s three Registered Investment Advisors. Ancora had $3.1 billion in assets under management as of June 24, 2020. Ancora Advisors runs […] …read more […]

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Here’s How to Retire at 45 with Financial Freedom

What would life be like if you could retire at 45? Aside from not having to go to a job every day, what would you look forward to? For some, it’s more time with family. For others, it’s a literal world of travel possibilities. For still more, it’s a reason to wake up stress free every day. But can you really retire by 45?
It might seem impossible, but it’s actually a possibility for many people. You just need to know how to establish financial freedom early on, so you can spend the best years of your life living how you’ve …read more […]

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How to Invest in Stocks for Lifetime Wealth

With a net worth of $83 billion, Warren Buffett is the fourth-richest man in America.
Most people know Buffett as a great investor.
Why? Early in his investing career, he realized that there were certain businesses that had strategic advantages – advantages that allowed them to continue to grow bigger every decade, crushing their competition over time. He figured that if he could buy those businesses when the price was right, the market would guarantee him huge, long-term profits.
And that’s exactly what he did.
Berkshire Hathaway, the company Buffett took control of in 1965 to buy such companies, has produced an average 20.3% …read more […]

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Milton Friedman Was Wrong. Look at Income Inequality.

(Bloomberg Opinion) — My Bloomberg Opinion colleague Michael R. Strain continues to believe in Milton Friedman’s doctrine and argues it has been misunderstood by critics. Read his column here.In the summer of 1982, when I was 29, I was given a front-row seat as Milton Friedman’s famous dictum began to be put into practice.I had recently joined the staff of Texas Monthly, where my first assignment was to profile a man I’d never heard of, T. Boone Pickens Jr., the founder and chief executive officer of Mesa Petroleum in Amarillo, Texas. My timing was spectacular: Pickens was secretly preparing his …read more […]