5 Ideal Reasons for Investing in Utility Stocks
Utility stocks are stocks of companies that deliver essential services such as water, gas, and electricity among others. Utility stock is an ideal conservative option for investors looking for steady higher dividends. You can invest in utility stocks companies through a brokerage firm by buying individual utility stocks, mutual funds that are specialized in the utilities sector or as ETFs that include the select sector SPDR-utilities.
8 Best Stock Investment Apps for Beginners
Investing is a daunting task and sometimes could be confusing especially for a beginner. In the past, an investment process began by making a call to a brokerage firm to obtain an advisor who would advise the investor throughout the process. However, the technological advancement has made it easier for beginners who want to start trading. Now, they can just download an app on their PC or Smartphone and use it to trade securities. Different apps offer automation, low cost and high-security measures to make investing easy and exciting for all.
5 Key Benefits of a Robo-Adviser
Robo-adviser is an automated online wealth management service or a class of digital online financial institutions that offer financial advice or investment management tips online with minimal human intervention. The algorithms are executed by software to allocate, manage and optimize clients’ assets. Being online, however, does not make it less effective and ideal financial institution as it has almost all the aspects of the physical human involvement.
Top 5 Forex Risks Traders Should Consider Before they Invest
Forex exchange market is a global decentralized or over the counter market that facilitates the trading of currencies. Just like in a stock exchange, the traders’ goal is to make a profit by buying low and selling high. Forex markets are highly liquid assets due to the high trading volumes. Some of the most common forex exchange trades include spot transactions, currency swaps, and options, forwards, and foreign exchange swaps. Forex trades face plenty of risks that can result in substantial losses. Here are the top 5 forex risks that every trader should consider before they dive into forex trading: 1. Leverage Risks In forex trading, traders require a small initial investment called a margin which is used as leverage in forex trading to gain access to substantial trades. Price volatility can result in margin calls where the investor is required to commit an additional margin. In highly volatile market conditions, aggressive use of leverage by traders can result in massive losses over initial investments made. 2. Interest Rate Risks Interest rate affects countries exchange rates. If a country’s interest rates rise, the currency strengthens. Investors flood the country as they invest in the country’s assets. In essence, a stronger currency means better returns. On the other hand, if a country interest rates fall, the currency weakens as investors begin to withdraw their investments. Interest rate changes can thus have a dramatic effect on forex prices. 3. Transaction Risks The difference or gap between when a contract is initiated and when it settles poses a transaction risk which is an exchange rate risk. Forex trading usually takes 24 hours, and exchange rates can drastically change any time before a trade settle. Currencies also trade at different prices at different times during the trading process. The greater the gap, the higher the transaction risk. The exchange risk that traders face during the trading hours increase the transaction costs. 4. Counterparty Risk The company that provides the asset to an investor in a financial transaction is called the counterparty. There is a risk of default from the dealer or broker in any particular transaction which refers to the counterparty risk. Spot and forward contracts on currencies do not get a guarantee by an exchange or a clearing house and thus pose a counterparty risk to an investor. The counterparty risk can occur in spot currency trading in the event the market maker end up insolvency. The counterparty can refuse or can be unable to oblige to contracts in highly volatile market conditions. 5. Country Risk An investor must assess the structure and the stability of the issuing country before they invest in currencies. In a majority of developing countries, the exchange rates are pegged to a particular world leader currency such as the US dollar. Central Banks in those countries must sustain sufficient reserves to help maintain good exchange rates. A balance of payments deficit can lead to devaluation of the currency and result in a currency crisis. It can consequently have massive effects on forex prices and trading. Investors can also begin to withdraw their assets if they suspect the currency is likely to decrease in value. It results in further devaluing of the currency. Currency crisis aggravates liquidity and credit risks as the currency devalues the assets become illiquid. The Bottom Line An investor should consider the various risks and losses associated with foreign exchange trading before they invest. While forex assets have the highest trading volume, the risks can lead to massive losses.
**Update** The Howard Hughes Corporation® Partners With Say To Offer HHC Shareholders Enhanced Access For The Fourth-Quarter 2019 Earnings Conference Call
DALLAS, Feb. 19, 2020 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) has partnered with Say, the fintech startup reimagining shareholder communications, to allow investors to submit and upvote questions they would like to see addressed on the Company's Q4 2019 Earnings Call. Say verifies all shareholder positions and provides permission to participate on the February 28(th) call, during which HHC leadership will be answering top questions. Utilizing the Say platform, The Howard Hughes Corporation elevates its capabilities for responding to company shareholders, making its investor relations Q&A more transparent and engaging.
Virtus InfraCap U.S. Preferred Stock ETF (NYSE Arca: PFFA) Declares Monthly Distribution
NEW YORK, Feb. 19, 2020 /PRNewswire/ -- The Virtus InfraCap U.S. Preferred Stock ETF (NYSE Arca: PFFA) (the "Fund") has declared a monthly distribution of $0.19 per share ($2.28 per share on an annualized basis). The distribution will be paid February 28, 2020 to shareholders of record as of the close of business February 21, 2020.
M&T Bank Corporation Announces First Quarter Common Stock Dividend
BUFFALO, N.Y., Feb. 19, 2020 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared a quarterly cash dividend of $1.10 per share on its common stock. The dividend will be payable March 31, 2020 to shareholders of record at the close of business on March 2, 2020.
Vanguard Reports Expense Reductions on Stock and Bond ETFs
VALLEY FORGE, Pa., Feb. 20, 2020 /PRNewswire/ -- In fund annual reports published today, Vanguard reported lower expense ratios on four ETFs, including the $8.3 billion Vanguard Extended Market ETF, the $21.9 billion Vanguard Short-Term Bond ETF, the $12.6 billion Vanguard Intermediate-Term Bond ETF, and the $4.8 billion Vanguard Long-Term Bond ETF. Vanguard also reported lower expenses on three mutual fund share classes of Vanguard Extended Market Fund. In aggregate, these changes represent $12.9 million in savings returned to investors, bringing the total 2019 fiscal year client savings to $85.1 million.1 See the accompanying table for a full list of expense ratio changes by fund. Vanguard Mutual Fund and ETF Expense Ratio Changes Fund Name 2018 FiscalYear End Expense Ratio 2019 Fiscal Year End Expense Ratio Change(in basis points) Short-Term Bond ETF 0.07% 0.05% -2 Intermediate-Term Bond ETF 0.07% 0.05% -2 Long-Term Bond ETF 0.07% 0.05% -2 Extended Market ETF 0.07% 0.06% -1 Extended Market Index Fund Admiral 0.07% 0.06% -1 Extended Market Index Fund Institutional 0.06% 0.05% -1 Extended Market Index Fund Institutional Plus 0.05% 0.04% -1 Note: The 2018 expense ratios listed above reflect figures published in each fund's last annual report and prospectus. Updated 2019 figures will not be reflected in the funds' online profiles until each fund files its next prospectus. Vanguard Fixed Income ETFs Driven in part by record fixed income ETF cash flow, Vanguard reported lower expense ratios on 16 of its 18 U.S. bond ETFs over the 2019 fiscal year reporting cycle. Vanguard's U.S. fixed income ETFs experienced $37.1 billion in cash flow in 2019, a 103% increase from $18.3 billion in 2018. Given the scale of the global bond market and relative small footprint of bond ETFs, Vanguard expects greater fixed income ETF adoption to continue. About VanguardVanguard is one of the world's largest investment management companies. As of January 31, 2020, Vanguard managed $6.2 trillion in global assets. The firm, headquartered in Valley Forge, Pennsylvania, offers 425 funds to its more than 30 million investors worldwide. For more information, visit vanguard.com. Asset figures are as of January 31, 2020 unless otherwise noted. 1Cumulative figure for all share classes from fiscal year ending August 2019 through December 2019 for the identified funds. Estimated savings is the difference between prior and current expense ratios multiplied by average AUM. Average AUM is based on daily average assets during a month, which are then averaged over the 12-months of the fiscal year. For more information about Vanguard funds or Vanguard ETFs, visit vanguard.com or call 800-662-7447 to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information are contained in the prospectus; read and consider it carefully before investing. Vanguard ETF Shares are not redeemable with the issuing Fund other than in very large aggregations worth millions of dollars. Instead, investors must buy and sell Vanguard ETF Shares in the secondary market and hold those shares in a brokerage account. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling. All investing is subject to risk, including the possible loss of the money you invest. Bond funds are subject to the risk that an issuer will fail to make payments on time, and that bond prices will decline because of rising interest rates or negative perceptions of an issuer's ability to make payments. Vanguard Marketing Corporation, Distributor of the Vanguard Funds. View original content to download multimedia:http://www.prnewswire.com/news-releases/vanguard-reports-expense-reductions-on-stock-and-bond-etfs-301008556.html SOURCE Vanguard
New Data Show Oral Ferric Maltol (FERACCRU®) May Be a Cost-effective Alternative to Intravenous (IV) Carboxymaltose With at Least as Great Benefits in the Quality of Life of Patients With Iron Deficiency Anaemia and Inflammatory Bowel Disease