Image source: Getty Images Investing in dividend stocks could be the gateway to unlocking a passive income stream, in my view. Here’s how I’d go about it if I was starting from scratch today. Step by step Firstly, I’d open a Stocks and Shares ISA as my investment vehicle of choice. This is a no-brainer for me due to less tax to pay on dividends received in this mode, as well as a £20k yearly allowance. Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in…
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Does this sound familiar?The rate of inflation was slowing along with spending by US consumers. So, the Fed cut interest rates by a quarter in July. It did it again in December — and again in January.That was 1995 — and those interest rate cuts sparked the beginning of one of the best multiyear periods for banks in US history. An index broadly tracking the sector would finish the year up over 40%, outperforming the S&P 500 (GSCP). And that outperformance would hold for two more years.Can 1995 happen again for the big banks? As it stands now, it might…
What is the current price of platinum? The price of platinum opened at $984.75 per ounce, as of 9 a.m. That’s down 0.75% from the previous day and down 0.30% from the beginning of the year. The lowest trading price within the last day: $981.30 per ounce. The highest platinum spot price in the last 24 hours: $992.23 per ounce. USA TODAY Blueprint may earn a commission from this advertiser. Current platinum price Platinum price chart The chart below shows how the spot price of platinum is trending over the year. Year to date, platinum is down 0.30%, as of…
Finally, there’s good news for homebuyers and for homeowners who want to refinance their mortgages: Interest rates are dropping to their lowest levels in years. Since October 2023, mortgage rates have declined by 1.44 percentage points — and they should fall even further after the Federal Reserve makes the first of anticipated rate cuts this week.While the year-over-year shift in mortgage rates may appear negligible, it can translate to unmatched savings. For the average borrower, a rate reduction of just 1% could mean a six-figure reduction in your interest charges and a significant drop in your monthly payment.Here’s how much…
Steeped in history and exuding an aura of timeless elegance, the 1961 Cadillac Eldorado Biarritz is a testament to automotive artistry. This iconic convertible, a cherished member of Steve Plunkett’s family for over two decades, has fascinated hearts with its distinctive design and rich heritage. The Biarritz, a symbol of luxury and power during its era, stands out with its striking silhouette, defined by its elongated skeg fins and rocket ship like tailfins. The car’s salmon pink paint job, a departure from its original metallic brown, adds a touch of playful exuberance. 1961 Cadillac Eldorado Biarritz (Lou Costabile / YouTube)…
PALO ALTO, Calif., Sept. 17, 2024 /PRNewswire/ — Mega Matrix Corp. (“MPU” or the “Company”) (NYSE American: MPU), today announced that it will launch its revenge short drama “Revenge Beyond the Grave” on September 18th at FlexTV. This is no ordinary tale of vengeance, as it delves deeper into themes of female solidarity and personal growth. Grace, a successful female entrepreneur, finds her life hanging by a thread on her birthday after being betrayed by her greedy husband, Matthew, and his mistress, Fiona. Her twin sister, Ashley, abandons her own flourishing career, going into hiding to seek revenge on her…
By Johann M Cherian and Purvi Agarwal(Reuters) -Wall Street’s main stock indexes rose on Tuesday, with the S&P 500 hitting an intraday record high ahead of a crucial Federal Reserve interest-rate decision, after fresh economic data allayed worries of a sharp slowdown in the U.S. economy.The benchmark index touched 5,670.81 earlier in the session, erasing the last of a deep selloff that lasted through late July and early August, sparked by an unexpected spike in unemployment.The latest report from the Commerce Department shows that retail sales rose unexpectedly in August, after a decline in auto dealership receipts was offset by…
In a win-at-all-costs college football landscape, Arkansas consistently finds itself on the back burner of something that has taken over the sport: Name, Image and Likeness (NIL).Compared to the rest of the Southeastern Conference and its rival foes, Arkansas already has several built-in disadvantages. The most glaring of which is in-state talent (or the lack thereof), and we all know talent is needed to win in big-boy college football. NIL money can be a pretty helpful tool in attracting and retaining prospects from all over the country.The idea that players are being “bought” by collectives doesn’t sit well with most…
Cadillac is poised to make a monumental statement at the Barrett Jackson Scottsdale Fall Auction. The luxury automaker will be donating the inaugural production ready Escalade IQ to a noble cause. This exclusive electric SUV, VIN 001, will be auctioned off with all proceeds going to the Detroit Children’s Fund, a nonprofit organization dedicated to supporting the educational endeavors of children in the Detroit area. The Escalade IQ in question is a Sport 2 trim model, showcasing a formidable dual-motor setup capable of delivering an impressive 750 horsepower and 785 lb-ft of torque. With a 0-60 mph time of under…
Palantir Technologies Inc. (PLTR) is set to join the S&P 500 index on September 23, 2024, alongside Dell Technologies Inc. (DELL) and Erie Indemnity Co. (ERIE), in the latest quarterly rebalancing by S&P Dow Jones Indices. Being included in the S&P 500 will likely enhance Palantir’s visibility and appeal to a broad range of institutional investors. The inclusion in the S&P 500 will mark a significant milestone for PLTR, a data analytics and artificial intelligence (AI) leader. But the question now arises: is this the right time to buy Palantir stock, especially with the growing momentum around AI technology? Palantir’s…