In the past week:
- Trump’s reelection boosted the stock market, Bitcoin, and mortgage rates. The Federal Reserve cut interest rates again.
- The Boeing strike ended with a new contract. Nissan cut jobs. OpenAI talked with regulators about becoming a for-profit company.
- A rosy outlook boosted Palantir shares. Toyota profits slipped. CVS posted mixed results. Moderna and Qualcomm had strong reports. Sony raised its guidance.
- Nvidia passed Apple as the world’s most valuable company. Nvidia and Sherwin-Williams joined the Dow Jones industrial index.
- OPEC delayed a production increase. Saudi Aramco’s profit plunged. Regulators blocked Amazon’s nuclear power deal.
- Warren Buffett continued to shed Apple and Bank of America stocks.
For those focused on building wealth to fund a memorable and enjoyable retirement, Schwab U.S. Dividend Equity ETF (NYSE: SCHD) and two other exchange-traded funds look like great options to consider right now.
A steady stream of passive monthly income can be a huge helping hand in managing bills and expenses. Prospect Capital Corp. (NASDAQ: PSEC) and three other ultra-high-yield stocks with monthly payouts make sense for growth and income investors.
A $5,000 investment in each stock in this proposed portfolio of 10 dividend stocks would generate almost $521 per month, which equates to a 12% annual percentage yield. Such stocks offer the greatest range of options to the broadest span of potential investors who seek passive income.
The post-election breakout of Nvidia Corp. (NASDAQ: NVDA) stock could make shares less accessible to small investors again. So, another stock split may be in order for this artificial intelligence (AI) stock darling. The question for investors is when.
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Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
