Saving up for retirement will give you more choices as you get older. While many believe retirement is out of reach, the top retirement stocks to buy can help grow your portfolio and offer more financial flexibility as you age. It’s possible to work part-time instead of full-time. You can also choose to downsize and move to an area with a lower cost of living to stretch your money. Good things can happen if you invest in retirement stocks, and it’s better to have a small nest egg than nothing.These are some ...

If you asked Warren Buffett what stocks to buy right now, he would probably tell you to buy an S&P 500 index fund. Moreover, Buffett recommends buying this low-cost index consistently, whether the market is up or down, as it tends to even out over time. Most people might not consider this the most exciting investing advice, but it’s excellent and abates the traditional risk behind stock selection. But what if you wanted to mirror your portfolio to Buffett’s? Then, you might want to start by figuring out som ...

Cheap dividend stocks can generate stable cash flow for long-term investors. The appeal behind these stocks is that you do not have to sell any shares to realize some of your returns. Retirees can live off their dividends, Social Security and other income streams.Accumulating shares of your favorite dividend stocks now will put you in a better position when it’s time to retire. Even if you don’t retire, building a dividend portfolio will give you more options with your lifestyle. Buying and holding underval ...

The S&P 500 is the most recognizable index in the stock market. Many investors use this index as a benchmark to determine if their portfolios are outperforming the stock market. The S&P 500 consists of profitable large-cap companies.While investing in an S&P 500 ETF can simplify your portfolio, these ETFs have a major downside. While you get plenty of good companies, you will also end up with a bunch of duds. Some corporations in the S&P 500 continue to drag the index lower, and it’s only a handful of stock ...

American Express -- a top Berkshire Hathaway portfolio holding -- is an extremely high-quality company.Thanks to his remarkable track record leading Berkshire Hathaway over the decades, Warren Buffett has become a legend in the financial world. It's no wonder that individual investors pay close attention to his moves to find potential ideas for their own portfolios.The conglomerate's massive $367 billion equity portfolio now includes stakes in dozens of businesses. But I think one holding of the Oracle of O ...

American Express Company (AXP) recently signed an agreement with payment solutions provider Worldpay to make onboarding of loyal and high-spending American Express cardmembers more convenient for small businesses, per reports. The move is expected to enhance AmEx’s footprint in the U.K. market.In the past three years, the number of places accepting AmEx cards rose 46%. The latest deal will likely further enhance the number of locations. This February, AmEx introduced its Plan It product in the U.K., which e ...

In-The-Money Countdown subscribers scored a speedy profit with our American Express Company (NYSE:AXP) weekly 5/10 225-strike call recommendation, which they received on Sunday, May 5. Below, we will dive into the telltale signs behind this winning trade.At the time of our recommendation, shares had retraced 38% of their post-earnings reaction, finding potential support at the rising 20-day moving average and their March peak. The rising 50-day trendline, which coincided with with its 20% year-to-date level ...

The integrated payments company is seeing strong momentum across a number of key metrics.Market valuation multiples are elevated. The S&P 500 and Nasdaq 100 are currently trading at price-to-earnings ratios of about 23.2 and 29.5, respectively. That's up from approximately the S&P 500's multiple of approximately 18.4 and the Nasdaq 100's of 26.0 at this time last year. While this multiple expansion has fueled a rewarding run-up in stocks for investors, it's left them with fewer good options for new capital. ...

These three Dow stocks have withstood the test of time and could be excellent additions to long-term investors' portfolios today.The Dow Jones Industrial Average is a front-row seat to the unfolding story of American business. Dating back to the late 1800s, the index tracks 30 of the most influential companies in the stock market and provides investors with a real-time pulse check on the health of the U.S. economy.Although the index has its flaws, it can be an excellent place to unearth companies with solid ...

In this articleGRMNTSNAXPUPSTGetty ImagesAt American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there's a strong interest in microloans as cash-strapped Americans try to scrape by.That juxtaposition underscores the growing picture of bifurcation among income brackets in America. And adds to an increasingly popular view that the U.S. is experiencing a "K"-shaped recovery since the end of the pandemic, where higher income ...