Surviving a panic like the one that started 10 years ago — when Lehman Bros. went under and nearly took the financial system with it — requires courage, patience, and a comfortable cushion of cash. “Having that cash cushion allows you to ride out a financial storm, like having a few days of canned goods helps you live out a physical storm,” said Peter Crane of Crane Data, which tracks money market funds. With the stock market hitting record highs, readers have been asking about the best places to stash their cash. The good news is that after hovering near zero for the better part of a decade, yields on short-term securities are now in the 2 percent range, if you know where to look. A rule of thumb calls for having six months of living expenses in cash, in case you lose your job. Having cash also lets you weather the market’s ups and downs, and pick up stocks on the cheap when others are panic selling. Berkshire Hathaway CEO Warren Buffett is renowned for … [Read more...] about What are the best places to stash your cash?
Best stable dividend stocks
NORWICH, N.Y., July 23, 2018 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ:NBTB) reported record net income and diluted earnings per share for both the three and six months ended June 30, 2018. Net income for the three months ended June 30, 2018 was $28.1 million, up from $26.0 million for the first quarter of 2018 and up from $21.4 million for the second quarter of 2017. Diluted earnings per share for the three months ended June 30, 2018 was $0.64, as compared with $0.59 for the prior quarter and $0.49 for the second quarter of 2017. Net income for the six months ended June 30, 2018 was $54.1 million, up 29.9% from $41.6 million for the same period last year. Diluted earnings per share for the six months ended June 30, 2018 was $1.23, as compared with $0.95 for the same period in 2017, an increase of 29.5%. Highlights: Quarter-to-date earnings per share up 8.5% from prior quarter and up 30.6% from prior year Quarter-to-date net … [Read more...] about NBT Bancorp Inc. Announces Record Net Income of $28.1 Million and Diluted Earnings Per Share of $0.64; Declares Cash Dividend
In the REIT sector, institutions favor companies that can post solid and steady profits. In the case of Starwood Property Trust (STWD), profits are not only stable — they're growing nicely. Plus the yield of this giant in the world of commercial mortgage REITs beats the S&P 500 by about as much as the Triple Crown-winning thoroughbred Justify did against other horses in the Belmont Stakes. X On May 4, the investor and originator in commercial property loans reported its biggest profit increase in nearly four years. Core earnings of 58 cents per share grew 14% in the first quarter of this year. That follows increases of 2%, 4%, 10% and 10% in the prior four quarters. The three-year Earnings Stability Factor of 2 on a scale of zero (very stable) to 99 (very wild) benefits long-term shareholders. Revenue growth is also accelerating. The top line rose 31% to $260.6 million in the March period, nearly matching the 32% jump in Q4 of last year. The quarter's results included … [Read more...] about Best Dividend Stocks: This Commercial Mortgage REIT Has A Yield 383% Larger Than The S&P 500
Technology and oil were among top-performing ETFs during the past month, though health care and cocoa led their respective sector and commodities categories. X Little change occurred near the top of the diversified stock fund category as the broader market remained relatively stable during the past month. It was a close race as the top four performers were separated by one basis point at most. First Trust Dorsey Wright Focus (FV) moved up two spots to take the lead with an 8.1% year-to-date gain through May 9, according to Morningstar Direct. PowerShares S&P 500 Pure Growth (RPG), last month's top fund, tied with FV with an 8.1% return. The former Guggenheim S&P 500 Pure Growth underwent a name change when Invesco completed its acquisition of Guggenheim's ETF business on April 9. What Are The Top Performing ETFs Year To Date? Global X's Jay Jacobs In Q&A On Thematic ETFs, More Top Picks From Market Expert First Trust Dorsey Wright Dynamic Focus 5 (FVC) technically stayed … [Read more...] about Which Technology And Oil Stock Plays Are Performing The Best?
Geopolitical tensions, rising interest rates, and rich asset valuations are only some of the factors holding back American stocks this year. Trying to game this kind of market is a fool's errand - no one can accurately forecast the market's short-term performance with any consistency.But identifying dividend stocks to buy that have safe and growing payouts can lead to steadier returns during volatile and calm times alike. In fact, dividends have made up about 40% of total returns for U.S. stocks since 1970, per data from JPMorgan.Today's list of five high-quality dividend stocks not only offer safe payouts, but possess defensive characteristics that are likely to help investors preserve capital during the next downturn. These businesses all have excellent Dividend Safety Scores - a metric developed by Simply Safe Dividends to help investors avoid dividend cuts and generate safer income. Since 2016, the Dividend Safety Score system has correctly flagged 98% of dividend cuts before they … [Read more...] about 5 Dividend Stocks to Buy for Quality and Safety