Annuities: Types and Examples

Whether you know it or not, you’ve at least heard the word “annuity” thrown around. Due – Due Unconvinced? You’ve probably encountered annuities in the following instances: Defined benefit pensions. Defined benefit pensions guarantee specific benefits upon retirement. Employers can administer pensions in the form of a lump sum or lifetime annuity. Due to the…

4 Stocks You Might Want to Lay off From Buying Right Now

The stubbornly high inflation is raising the odds of the Fed launching another significant rate hike this week. Additionally, amid the growing recession fears, several companies are planning layoffs. Given such economic uncertainties, we think investors should avoid buying fundamentally weak stocks, Shopify (SHOP), Snap (SNAP), Robinhood Markets (HOOD), and Groupon (GRPN). Keep reading…. shutterstock.com…

Sell This Streaming Stock Before It Falls Further

Shares of television streaming platform provider Roku (ROKU) have plummeted 77.5% over the past year and are trading close to 80% below its 52-week high. The company reported disappointing financials, raising concerns over its slowing ad spending and weak profit margins. Given its lofty valuation and poor earnings growth prospects, we think the stock is…

Two Families are Suing the Owners of a $10,000 Luxury Hamptons Rental Home After Claiming the Owners Prevented Them From Adjusting the Cooling System by Two Degrees

This story originally appeared on Business Insider Two families are suing after claiming the owners of their rental property refused to solve problems with the home. The guests claim they were not allowed to adjust the air conditioning. According to the suit, the family paid $10,000 for a 14-day stay in the Hamptons. Two New…

3 Meme Stocks to Avoid No Matter What Anyone Says

The meme craze is back again, following a pause for a few months, as evident from the short-squeeze-driven rallies of several struggling stocks lately. As the stock market is expected to remain highly volatile in the near term, we think investors should shun fundamentally bleak meme stocks Robinhood Markets (HOOD), AMC Entertainment (AMC), and Bed…