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Prospects of Federal Legalization in 2020

Pot stock investors want to leave 2019 in the rearview mirror.
We suffered through the worst bear market in the industry’s nascent history. And that was painful for investors.
But we can’t forget all the major milestones achieved.
We saw the first piece of proposed legislation to end prohibition in the U.S. clear the House of Representatives. Two months later, a sweeping criminal justice reform bill cleared a House committee.
In the U.S., we now have 11 states that have legalized adult-use, as well as 33 states that have greenlit medical use. And it appears that a change at the federal level is eventually …read more […]

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Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 15%

The stock analysts at Goldman Sachs have been busy. The bank – one of the world’s largest and most influential investment and financial services organizations, with alumni in government positions throughout the major Western nations – maintains a cadre of Wall Street experts, who keep close tabs on the constant shiftings of the stock markets. The result is a wealth of expert opinion, backed by data, on the current go-to investments.All of this is bread and butter for TipRanks, a platform that makes financial recommendations accountable, and expensive institutional datasets available, to all investors. We’ve pulled up three of Goldman’s …read more […]

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How Much Do I Need to Retire?

Planning for retirement begins with one question: “How much do I need to retire?” This is a question that haunts many people as they creep closer to 65. However, it doesn’t have to.
By preparing earlier in life, you can put yourself in a position to retire comfortably with the lifestyle you desire. While many Americans miss the mark in retirement savings, you can get a step ahead by following the guidelines below.

How Much Do I Need to Retire Comfortably?
Fidelity suggests that you aim to save 15% of your pre-tax income each year for retirement. This includes any contributions from your …read more […]

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Why You Should (Probably) Avoid Story Stocks

A compelling story can be very powerful, which is why story stocks are so hard for investors to resist.
Today, Nicholas Vardy explains why wealth builders shouldn’t trust story stocks as a “quick and easy” way to build wealth.

A compelling story is a powerful thing.
After all, a good story is concrete, convincing and easy to remember.
In the world of investing, a good story trumps rational financial analysis every time.
That’s why you always have “story stocks” no matter what the state of the market.
A story stock is never about the value of a well-established business model.
Whether it’s tulips, the “China miracle,” 3D …read more […]