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With bitcoin hitting new record highs, the crypto world is bracing for the next "halving," which occurs every four years. We break down how it works and what it means for investors. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?

Organizations: Business

☆ These 28 regional and community banks exceed regulators' threshold for high commercial real estate concentration risk: here's what's really at stake.
▼ + stars: | 2024-03-09 | by ( Laila Maidan | ) www.businessinsider.com time to read: +12 min

But where banks' exposure to commercial real estate is concerned, locating that fire may be difficult. Rising interest rates quickly increased the cost of borrowing for investors in commercial real estate, including offices and multifamily homes. It doesn't reveal details such as borrowers' track records, said Mark Hillis, a former chief risk officer for commercial real estate at JPMorgan. There's also varying concentration risk: the largest banks with commercial real estate exposure are more diversified, meaning that any losses won't be as devastating, Baker said. "We think very few banks will run into issues just from their commercial real estate exposure," Reidy said.

Persons: Michael Barr, Jerome Powell, Todd Baker, Mark Hillis, Clifford Rossi, Robert H, Rossi, Baker, There's, Hillis, multifamily, haven't, You'll, Banks, you'll, Rebel Cole, NYCB, Matt Reidy, Reidy, Cole Organizations: Federal Reserve, Business, York Community Bank, SEC, Richman Center for Business, Law, Columbia University, JPMorgan, Smith, Smith School of Business, University of Maryland, Mortgage Banker's Association, Bank, Signature Bank, First, Countrywide Bank, Washington Mutual, Citigroup, multifamily, Florida Atlantic University, Federal, Regulators, TCRE, Equity RCRE, Community Bank, Provident Bank NJ, Merchants Bank of Indiana, Apple Bank for Savings, Oceanfirst Bank, Independent Bank, Lakeland Bank NJ, Ozk, Washington Federal Bank WA, Axos Bank, Sandy Spring Bank, Columbia Bank NJ, Farmers, Merchants Bank of CA, Popular Bank, Pacific Premier Bank, United Bank, Trust, Rockland Trust, Umpqua Bank, ServisFirst Bank, Bell Bank, Stellar Bank, National Bank of, National Bank of Florida FL, New York Community Bank Locations: multifamily, Basel, CRE, California, Rockland, National Bank of Florida

☆ These 70 stocks are the top bets for AI and related themes like big data and machine learning, according to the CIO at a firm that bets on disruptive technology
▼ + stars: | 2024-03-06 | by ( Laila Maidan | ) www.businessinsider.com time to read: +1 min

Nvidia's 76% gain this year underscores the concentrated stock market led by mega-cap tech. Despite concerns, the growth of AI stocks isn't a hype cycle, according to Defiance ETFs' CEO. The Defiance Quantum ETF holds leading AI players, spanning sectors like quantum and cloud computing. It's a concentrated stock market, with a handful of mega-cap technology names continuing to lead the gains as they profit off the development of AI. But investor concerns are mounting over whether it's getting shaky at the top.

Persons: it's, Franklin Templeton Organizations: Nvidia, Business

☆ A W-2 employee who used real estate to reduce federal taxes on his $300,000 salary by 99% explains how to pick the right property to qualify for the tax loophole and maximize deductions
▼ + stars: | 2024-03-02 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

By then, he had sold his short-term rental property for a profit, but he still owned other long-term rentals. Therefore, they used the real-estate professional status and bonus depreciation to reduce their taxable income. The main one is through the short-term rental tax loophole (STR loophole). For example, Eileen pointed to Henderson, Nevada, which won't allow a short-term rental permit for a house if there is a permit for an existing short-term rental within 1,000 feet. Deductions would cancel out the taxes owed from the property's revenue, and what is left will reduce your W2 taxable income.

Persons: Michael Hyun, Joshua, Hyun, Eileen Kim, Eileen's, Michael, Brandon Ford, Eileen, Ford, Michael said, you'll Organizations: Business, CPA, IRS, Tax Relief, American Families and Workers Locations: Joshua Tree , California, New York City, San Francisco, Santa Monica , California, Henderson , Nevada, San Jose , California, Alameda County

Do Credit Card Points Expire? Credit Card Points Never ExpireUnlike many airline miles and hotel points, credit card points don't expire as long as you keep your account open and in good standing (meaning you continue to pay off your balances or communicate with the bank if you need any financial assistance). Here are the main credit card points currencies, along with the top credit card options for earning each of them:These transferable credit card points can be extremely valuable, not just because you have so many options for using them to book travel, but also because there are certain sweet spots you can use to your advantage. FAQsDo all credit card points expire? Check the terms and conditions of your credit card rewards program or contact your credit card issuer directly.

Persons: there's, Miles, you'll, that's Organizations: Business, Business †, Citi Prestige, Citi, Chase Sapphire Reserve, American Airlines, Capital, American, Marriott, Alaska Airlines, Apple Locations: Chase, Alaska, Chevron

☆ A former software engineer who's betting on leading AI stocks at a $1.6 trillion firm says pullbacks will be incredible buying opportunities, and shares 6 under-the-radar picks
▼ + stars: | 2024-02-28 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Despite dashed hopes of early rate cuts, growth stocks like Nvidia continue to make new highs. "And here we are today: we've got Apple at multi-trillion dollars, Microsoft at multi-trillion dollars, Nvidia at multi-trillion dollars, and Google at over a trillion dollars." Snowflake (SNOW) helps businesses wrangle their data and build models from that data for multiple purposes, including AI. GitLab (GTLB) is an open-code platform with over a million paid users and programmers who can use AI tools to help with coding. Still, they collect customer data, and they help companies talk to their customers in a relevant and direct manner.

Persons: Jonathan Curtis, Franklin Templeton, Curtis, hadn't, ChatGPT, there's Organizations: Nvidia, Franklin Templeton Institute Global Investment Management Survey, Business, Franklin Equity Group, Apple, Microsoft, Google, Cisco, Meta, Semiconductor, Power Systems, AMD, Arista Networks

☆ The chief market strategist at $1.6 trillion Franklin Templeton breaks down how many rate cuts to expect this year. Plus, why the 'irrational exuberance' in stocks could be over by year-end.
▼ + stars: | 2024-02-25 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

Expect four rate cuts in 2024 that will bring the federal funds rate to 4.30% by year-end, according to the Franklin Templeton Institute Global Investment Management Survey, which compiles the views of the firm's 300 senior investment professionals who work across equities, fixed income, and alternatives. That's still more cuts than the Federal Open Market Committee projects in its dot plot: three reductions and a fed funds rate of 4.63% by year-end. Stephen Dover, chief market strategist and the head of the Franklin Templeton Institute, expects those rate cuts to begin closer to June or July and be 25 basis points each. For now, Dover pointed to a strong US economy, with solid jobs and GDP growth, as working against the possibility of earlier rate cuts. This will be another sticky point that the central bank will likely consider and could impact when cuts happen, he said.

Persons: Stephen Dover, Dover, there's Organizations: Franklin Templeton Institute Global Investment Management Survey, Federal, Franklin Templeton Institute

☆ How a century-old investment firm with $288 billion in assets identifies the companies set to dominate much of the stock market's outperformance, according to one of its fund managers
▼ + stars: | 2024-02-22 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

It's also a short-sighted approach as far as Baillie Gifford, an investment management firm with $288 billion under management, is concerned. Advertisement"Our investment approach is bottom up," said Gemma Barkhuizen, an investment manager at the firm and one of the decision-makers on the Baillie Gifford Long Term Global Growth Fund. Another example is Nvidia, which is the largest holding within the long-term fund at 1.22%. A bottom-up, stock-picking strategyThe research framework that is the bedrock of the filtering process for the long-term fund looks at 10 key variables. What societal considerations are most likely to prove material to the long-term growth of the company?

Persons: —, It's, Baillie Gifford, Baillie Gifford's, Gemma Barkhuizen, Barkhuizen, Baillie, Roblox, that's, it's, aren't, isn't Organizations: Service, Business, PDD Holdings, Nvidia, Companies Locations: China

☆ A W-2 employee explains how he used real estate to reduce federal taxes on his $300,000 salary by 99% — plus a 2-step process to qualify for the deductible
▼ + stars: | 2024-02-17 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

Not everyone qualifies for bonus depreciation deductions by default. “Any property could qualify for accelerated and bonus depreciation,” said Brandon Ford, a CPA and finance director at C3, a real-estate investment firm. Determining the deductibleOnce you qualify for the deduction, you must determine how much you can claim from bonus depreciation. To determine what Michael could deduct, he reviewed his property tax statement, a publicly available record on the county website. In order to qualify for bonus depreciation, he ordered a cost segregation study, which is a third-party service similar to an appraisal.

Persons: Michael Hyun, Eileen, Michael, what’s, ”, Eileen’s, Brandon Ford, Michael said, Ford, ” Ford, Hyun, —, That's Organizations: Business, Bay Area, IRS, CPA Locations: California, Bay, Alameda County

☆ A study comparing 8 investing portfolios shows the stock allocation that returned $790,000 more than the worst performer and reduced the risk of running out of money in retirement
▼ + stars: | 2024-02-15 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

The study, published in November 2023, compared eight mainstream approaches to retirement investing. The portfolio with 100% domestic stocks did just as well as the one split between domestic and international equities on average, Cederburg noted. AdvertisementTherefore, Cederburg pointed to the second-best contender as the portfolio comprising an equal split between domestic and international stocks, with a small percentage allocated to bonds. The study also showed that the all-stocks investor was least likely to run out of money during retirement. The target-date fund combines domestic and international stocks, bonds, and bills.

Persons: Scott Cederburg, Cederburg, Jeremy Stempien, Stempien, David Blanchett, PGIM's Organizations: Service, Finance, University of Arizona, Cederburg

☆ 10 'strong buy' stocks with price upsides from 84% to more than 243%, according to Wall Street's top analysts
▼ + stars: | 2024-02-13 | by ( Laila Maidan | ) www.businessinsider.com time to read: +1 min

As of Friday, 67% of the S&P 500 had released results, with three quarters reporting revenue surprises to the upside, according to FactSet. Jay Woods, the chief global strategist of Freedom Capital Markets, referred to the recent price moves as "a ridiculous rally" in a February 12 note. Investors who want to continue riding the momentum upward may need to move to individual stocks. The 10 stocks listed below have "strong buy" ratings with the highest upsides based on top analysts' price targets among mega, large, mid, and small-cap stocks. TipRanks, a market research provider, rates analysts based on the following three main criteria:

Persons: Jay Woods Organizations: Business, Dow, Nasdaq, Freedom Capital, Investors

☆ A stay-at-home mom explains how she earned up to $12,000 in a month reviewing Amazon products. Plus, her top 5 tips for getting started without any money.
▼ + stars: | 2024-02-10 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

In the winter of 2022, she began seeing multiple social media posts about making money by posting Amazon reviews of products that would land on the product listing. It's also difficult to predict how long a video will continue to earn commission for, but there are some surprises, she said. You can't control which videos will earn commission and which won't. She reviews products near the top commission tier, mainly the home category. Therefore, depending on what month you start your storefront, begin by prioritizing products best suited for that month and any upcoming holidays.

Persons: Carissa DeVries, she'd, trimmer, DeVries, it's, It's, I'm, " DeVries, they're, Airbnbs Organizations: Facebook, Amazon, Business

☆ 20 metro areas expected to skyrocket in price, according to CoreLogic. Plus, what happens next to mortgage rates and when homebuyers can expect them to decline.
▼ + stars: | 2024-02-08 | by ( Laila Maidan | ) www.businessinsider.com time to read: +1 min

Home prices increased in 2023, a trend expected to continue this year. Mortgage rates will likely decline this year, though it may take longer than anticipated. Below are the metro areas CoreLogic forecasts will see the most price increases over the next year. Despite record-high interest rates, home prices were still rising throughout 2023, and not much is expected to change this year. Annual US home price appreciation was at 5.5% in December 2023, the highest increase in over a year, according to CoreLogic.

Organizations: Rhode, Detroit, Business Locations: Northeastern, gainers, Miami

☆ The chief strategist at Citi Global Wealth shares his top growth investments for a resilient economy in 2024 — including his highest-conviction commodity that will triple its demand by 2030
▼ + stars: | 2024-02-07 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

Inflation was certainly severe and very troubling for markets, but ultimately its sources were transitory, Wieting said. As other energy-based companies and commodities grapple with a transition to clean energy, copper is expected to reap the benefits. The transition to clean energy and the move toward electric vehicles means demand for copper will triple by 2030, according to Citi Global Wealth's 2024 outlook. He believes the Magnificent Seven will be a strong part of the economy going into 2024 once again. Therefore, investors should look for opportunities in mid-cap growth or those within the S&P 400, the benchmark for the US mid-cap stocks.

Persons: Steven Wieting, Wieting Organizations: Federal, Citi Global Wealth, Business, Housing, Citi Global

☆ A CIO at a $2 trillion asset manager says the Magnificent 7 are too expensive, and shares which sectors investors should focus on and which to avoid in 2024
▼ + stars: | 2024-02-06 | by ( Laila Maidan | ) www.businessinsider.com time to read: +4 min

Marco Pirondini, the CIO of Amundi US, shared the same sentiments as his colleague and warned investors about following the crowd this year. In a recent interview with Business Insider, Pirondini emphasized the advantages of adding longer-duration bonds at a time when yields remain near 5%. He noted that the asset class was a great way to ensure steady yields in a complex economic environment. When interest rates were lower, you could justify paying higher multiples. After the stress that banks endured in 2023, they are expected to be the beneficiaries of dropping interest rates, he said.

Persons: Craig Sterling, Marco Pirondini, Pirondini Organizations: Microsoft, Apple, Nvidia, Business, Amundi, NYSE Locations: Japan

☆ A telecommunications rep who's sold $25,000 in digital printables since 2022 on Etsy explains how she started and grew her storefront
▼ + stars: | 2024-02-04 | by ( Laila Maidan | ) www.businessinsider.com time to read: +9 min

She gave Etsy another look because it had become a place where she could sell digital printables, meaning there was no need for inventory. Lam found an online Etsy course from a platform called Gold City Ventures and decided to sign up for it. Since 2022, she has sold over $34,000 Canadian dollars ($25,000) in digital printables, according to screenshots of her account viewed by Business Insider. In January 2022, Lam only made a net profit of CA$3.45. However, she began to design Valentine's Day printables that included religious scripture on them, and those sold, she said.

Persons: Claudine Lam, Etsy, Lam, It's, it's, you'll, Patrick's Organizations: Service, Gold City Ventures, Business Locations: Australia, British Columbia, Canada

☆ A software consultant who also day trades stocks gained 805% in 2023. He shares a chart indicator he uses to trade volatile small-cap and penny stocks.
▼ + stars: | 2024-02-03 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

After a few years of attempting to swing trade, Gajjala searched for an approach where he could feel more in control of his trades. For this trade, Gajjala has less time for analysis and needs to execute within the first and second bull flags. The red circle in the chart below demonstrates what a bull flag pullback looks like on a chart. Bull flag pullback chart pattern. By the time he did notice it, it had begun to form the second bull flag pattern.

Persons: Goverdhan Gajjala, Mark Minervini, Gajjala, hadn't, Norman Zadeh, Zadeh Organizations: Business, Nextplay Technologies, Bionomics Ltd

☆ The CIO at a $2 trillion asset manager shares how he's structuring his portfolio for steady income over the next 5 to 10 years — and why he's betting again on a bond that returned 20% in 2023
▼ + stars: | 2024-02-02 | by ( Laila Maidan | ) www.businessinsider.com time to read: +3 min

Hindsight is 20/20 — or in this case, 2023, which we can now call the year of the recession that never came. Increasing bond exposure will act as a type of long-term insurance policy by providing steady returns for a portfolio. "That doesn't mean that we cannot take risks anywhere in financial markets," Pirondini said. In my portfolio, 4% allocation was to catastrophe bonds last year. The return was about 20%, one of the best areas of any market, and this year, we are redoing the same asset allocation choice."

Persons: Marco Pirondini, Amundi, Pirondini Organizations: Service, Amundi, New York Stock Exchange, Business

☆ Bank of America analyzed more than 1,000 stocks for 2024 and pinpointed the top 31 small- and mid-cap picks with average upside of 30%
▼ + stars: | 2024-01-31 | by ( Laila Maidan | ) www.businessinsider.com time to read: +1 min

Wall Street doesn't expect the stock market to perform very well this year. Investors should look for value and find specific winners in 2024 rather than bet on the entire market. Bank of America found stocks that should benefit from Fed rate cuts and expand their margins. Then again, the broader stock market isn't expected to do much better either. Mid-caps trail closely behind at a 5% to 6% discount, but small-caps trade at a tantalizing 16% discount.

Persons: Dave Sekara Organizations: Bank of America, Morningstar, Business

☆ A veteran trader breaks down the technical-analysis tool he uses to singlehandedly determine when to enter and exit a trade
▼ + stars: | 2024-01-29 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

While many trading tools and indicators can be used to chart price action, Vernier says every market participant needs to find the most sensible combination for their own purposes. On the other end, a low is a "swing low" (lower candle #2) if it has a higher low on its left (lower candle #1) and a higher low on its right (lower candle #3). Bitcoin chart demonstrating the swing low candle or lower extreme and the swing high candle or upper extreme. Related storiesIf the asset price does, in fact, reverse higher upon reaching the retracement level, he sells it before it reaches the next one. This same process can be applied to a downturn, although the trader will be instead be shorting, as a bet the asset price will continue declining in the longer run.

Persons: Shain, He's, Vernier Organizations: Business

☆ A Morningstar chief strategist details which parts of the stock market are still undervalued as indexes hit new records — plus 7 stocks with upside that fit the bill
▼ + stars: | 2024-01-25 | by ( Laila Maidan | ) www.businessinsider.com time to read: +3 min

Right now, they are the most attractive part of the market, trading at a 25% discount, he noted. "Initially, small caps were hit the hardest during the early stages of the pandemic," Sekara said. "I think a lot of people just worried if those companies would actually survive the pandemic or not, just because as small-cap stocks, they didn't have the same financial wherewithal as large-cap stocks." AdvertisementWhy small caps now? AdvertisementBelow are seven stocks from Morningstar's list of small-cap value stocks with five-star ratings.

Persons: —, it's, Dave Sekara, Sekara, Morningstar Organizations: Service, Business, Google, Apple, Microsoft, Nvidia, Morningstar

☆ 'Set It and Forget It' Approach Helpful for New Investors
▼ + stars: | 2024-01-24 | by ( Laila Maidan | Lilian Manansala | ) www.businessinsider.com time to read: 1 min

Link icon An image of a chain link. It symobilizes a website link url. Link icon An image of a chain link. LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link. LinkedIn Fliboard icon A stylized letter F. Flipboard Link icon An image of a chain link.

☆ 8 buy-rated stocks set to surprise investors with strong Q4 earnings and potentially large returns, according to Bank of America
▼ + stars: | 2024-01-23 | by ( Laila Maidan | ) www.businessinsider.com time to read: +2 min

The second week of January rang in the fourth-quarter earnings season, and Wall Street's expectations are positive but not super-bullish. For sector-specific details, analysts at Bank of America note that online advertising is expected to see an uptick, and software is expected to outperform. All told, earnings season remains an opportune time to buy single stocks that beat expectations and get rewarded. The average performance dispersion between S&P 500 stocks rises in tandem with the number of companies reporting earnings on any given day, Bank of America found. Below is the list of eight buy-rated stocks Bank of America says are most likely to beat expectations.

Persons: Savita Subramanian, they'll, Tesla Organizations: Business, Bank, America, America's, Nvidia, Microsoft, Apple, Bank of America

☆ A short-seller who gained over $66,022 in December with a win ratio of 95% shares the 3 red flags that helped him evade short squeezes and led him to have one of his best months
▼ + stars: | 2024-01-21 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

And these short sellers pile up on top of each other with their biased opinions," Capablanca said. But because of the increased number of short sellers, a stock can blow past that and remain elevated over multiple days. So even if the market seems dead, nothing is there to trade, they will force a trade," Capablanca said. This rule helped him avoid Vivos Therapeutics (VVOS), a stock that many short sellers he knew tried to short. Such an outcome could lead to a continued elevated price, driving short sellers out for weeks, he said.

Persons: David Capablanca, lockdowns, Capablanca, it's, POL Organizations: Capablanca, Guardian, Yahoo, Traders, Therapeutics, Yahoo Finance, shorting C4 Therapeutics

☆ A software consultant who day trades stocks gained 805% in 2023. He shares 3 chart indicators that led him from consistent losses to becoming profitable.
▼ + stars: | 2024-01-20 | by ( Laila Maidan | ) www.businessinsider.com time to read: +8 min

He joined his private access program, a paid educational platform for trading stocks, where he spent a year learning the content. The stock's price should pull back organically, meaning the volume parallel to the downward price move should be gradual. On a daily chart like the one above, it's based on the past nine days. If the stock's price doesn't fall below it or forms a support line, it signals that the price could likely retrace and increase. Instead of entering five to 10 trades daily, he now keeps it at two to three.

Persons: Goverdhan Gajjala, William O'Neil, Gajjala, Mark Minervini, It's, Minervini's, Norman Zadeh, Zadeh Organizations: Service, Investor's Business Daily, US, EMA, Health Intelligence Locations: Dallas

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