Mario Tama/Getty Images News Reddit’s (RDDT) IPO approaches and the initial valuation put it at around $6 billion. For five years I moderated a subreddit that grew from about 3,000 subscribers at my start to over 100K when I departed in December. This put it in the top 5% of subreddits by size. Reddit did…
Kanawa_Studio/E+ via Getty Images In this column, we provide a quarterly update on the Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD). Our opinion? The exchange-traded fund, or ETF, does a great job as it was designed to do, be relatively stable while tracking pretty closely the Dow Jones 100 Dividend Index. That’s it. It also offers…
Westend61/Westend61 via Getty Images The Janus Henderson B-BBB CLO ETF (BATS:JBBB) invests in U.S. collateralized loan obligations (CLO) through an actively managed exchange-traded fund structure. The attraction here is the exposure to this alternative corner of fixed income that currently offers an 8.1% yield through a monthly payout. The fund’s CLO floating rate and low-duration…
JamesBrey British American Tobacco (NYSE:BTI) carries a lot of appeal for many income-focused investors due to its defensive business model, sky-high dividend yield that’s well covered by earnings, and what appears to be an attractive valuation. However, I remain on the sidelines with this stock because I believe it faces serious long-term headwinds that could…
SolStock Despegar.com (NYSE:DESP) is one of those companies that went public at a lofty valuation, and has since experienced a massive reduction in its share price. Its IPO price was $26, and it finished the day at $32, showing an impressive 24% gain on its first day. At that price, it was valued at around…
07LEO/iStock via Getty Images Several closed-end funds that we have covered on this platform cater to the income crowd. They aim to earn high current income to pass on to its unitholders in the form of distributions. This endeavor gets challenging when they have to deliver irrespective of the market climate. They have to think…
Bitcoin is a geographic chameleon. And, as such, this “magic internet money” that lives on a decentralized, permissionless system is changing the world right in front of us. One of Bitcoin’s many superpowers is that it takes on different aliases in various cultural environments. For many comparatively-wealthy North Americans, views on Bitcoin range from an…
underworld111/iStock via Getty Images I wrote about Verano Holdings (OTCQX:VRNOF) in mid-March and explained that it is facing a challenge with its projected margins. I said then that I do like the company, but I wasn’t holding it in my model portfolios. I still don’t, though the stock has declined a bit since that piece….