Austin Smith - Editor for 24/7 Wall St.
Lastest Stories by Austin Smith
Elon Musk’s Tesla (NASDAQ: TSLA) has achieved significant milestones, including becoming the world’s most valuable automaker and seeing substantial success with the Model Y. Despite these...
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The discussion revolves around the potential investment in Chinese tech stocks amidst current U.S.-Chinese tensions and geopolitical factors. Despite the risks, there may be significant returns due...
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The conversation discusses common areas where retirees tend to overspend and offers strategies to manage these expenses effectively. Key areas of overspending include healthcare costs, travel and...
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The conversation highlights critical mistakes to avoid for a secure retirement. Key points include knowing your retirement numbers, regularly adjusting your retirement plan, and avoiding the misuse...
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A recent Schwab (NYSE: SCHW) report questions the longstanding 4% withdrawal rate for retirees, suggesting it may not be suitable for everyone due to changing market dynamics and personal...
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A recent survey from Fidelity reveals that nearly half a million Americans now have 401k balances exceeding $1 million. This increase is attributed to factors such as higher contribution limits,...
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The conversation focuses on PayPal’s (NASDAQ: PYPL) efforts to revitalize its business and stock performance under new leadership. The company, which thrived during the COVID-19 pandemic but...
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The conversation centers on Warren Buffett’s advice on retirement, emphasizing the importance of maintaining a purpose, prioritizing financial security over helping family members, and investing in...
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Approximately 20% of the U.S. population are seniors, and a significant number of them are not receiving Social Security benefits. This issue affects nearly 2 million seniors annually, mainly due to...
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Social Security is projected to become insolvent by 2035, resulting in retirees receiving only 83% of their full benefits unless Congress intervenes. Potential congressional actions include...
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The 2025 Social Security Cost of Living Adjustment (COLA) is expected to be lower than previous years, which could be challenging for seniors facing rising costs of basic services like food. The...
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The discussion centers on the potential disappointment with Apple’s (NASDAQ: AAPL) upcoming iPhone release, which is unlikely to feature advanced AI technology until 2025. This could lead to...
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Apple’s stock decline is attributed to its lack of a robust AI product compared to competitors like Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), and Alphabet. Apple plans to integrate AI into...
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The discussion highlights the increasing demand for electricity due to AI, predicting it could match Japan’s current consumption in five years. It addresses the migration of people to high-demand...
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The discussion highlights the significant challenges posed by data center expansions, including their high electricity and water usage. Environmental concerns and potential regulatory scrutiny are...
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