For the past year, the restaurant industry has struggled as foot traffic has been trending lower. Generally bucking the trend, though, has been the upscale casual-dining segment. Shareholders ofThe Cheesecake Factory (NASDAQ:CAKE)have been benefactors of that trend over the last year. With continued positive expectations for that segment of hospitality through this year, it’s time to dig into....More>>>
I’ve heard that I should save 15% of salary a year, if not more, for retirement. Is that figure correct and does it include any matching contributions my employer makes to my retirement account? –Gary
I think it’s fair to say that 15% of salary (and, yes, that would include all savings, including matching funds you receive from your employer) is a reasonable target to....More>>>
Billionaire investor and Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett was a guest on CNBC's "Squawk Box" segment Monday morning and spoke on various topics, including his overall view on the state of the stock market.
The $51M Return
March 11, 1942 was the day Buffett, 87, bought his first stock and needless to say a lot has happened....More>>>
What to do about Kraft-Heinz (NASDAQ:KHC)? One of Berkshire Hathaway’slarger holdings (Berkshire owns roughly 26.7% of shares outstanding, controlling the company in tandem with Brazilian investment firm 3G Capital),Kraft’s stock has tumbled roughly 28% in 2018, as the consumer packaged foods industry (“CPG”) has come under pressure.
In addition, the market is growing....More>>>
The market can’t quite seem to get its feet under it. Bullish hopes that a strong earnings season would offset external fears haven’t quite played out. The S&P 500 continues to trade sideways, and actually has moved down modestly so far in 2018.
It hasn’t all been bad news. A earnings beat from Apple Inc. (NASDAQ:AAPL) and strong results from Facebook Inc (NASDAQ:FB)....More>>>