Few social programs have done more for Americans over the long run than Social Security. Today, it's a program that provides a monthly benefit to more than 62 million people and, according to the Center on Budget and Policy Priorities, helps to keep more than 22 million beneficiaries above the federal poverty line. Social Security was never designed to be a primary income … [Read more...] about Should You Invest Your Social Security Income Into the Stock Market?
Retirement investors looking to boost income have an opportunity that probably doesn't come to mind right away – trading in the options market with strategies like writing covered calls. It sounds like blasphemy. After all, the standard advice is to play it pretty safe in retirement accounts like IRAs, and options would seem to violate all that. For every winning … [Read more...] about How to Trade Options for Income in Your IRA
In the fall of 1996, California voters passed Proposition 215, a landmark piece of legislation that made medical marijuana legal across the state. It was the first law in the country making marijuana legal on the state level, and it reversed decades of precedent in the United States. Fast forward to early 2018 and 30 states had legalized medical marijuana and nine had … [Read more...] about Now is the Time to Invest in Marijuana Stocks
TORONTO—Shannon Soqui just quit his Wall Street job to go after what he thinks is a bigger business: selling marijuana the way Mary Kay Inc. sells cosmetics. The 51-year-old banker wants to focus on Qind, his San Francisco startup that organizes home parties to sell cannabis products, to get a piece of what he says could sprout into a $100 billion annual business in the … [Read more...] about Wall Street’s Marijuana Madness: ‘It’s Like the Internet in 1997’
If you came here to find out when oil will reach $100 a barrel, I'm sorry to disappoint. The thousands of factors that go into the price of oil at any given time make it hard to put a timestamp on prices. Demand can wax and wane with global economic growth, and supplies can't always react fast enough to keep prices consistent. Plus, since the word of OPEC carries such … [Read more...] about $100 Oil Isn’t as Outlandish as You Might Think