Last Updated on June 24, 2024 at 9:52 pmThis is an update on my mutual fund investing journey, which began on 19th June 2008. In the last three decades, I have gone from being a spend-thrift to being in debt to financial independence.New community members can refer to these articles for an account. The Financial Arrow of Time and My Journey: Driven by the fear of making the same mistakes again. My story was featured in Livemint. Also, livemint’s guru portfolio guru profile: You only need a fund where returns remain consistent: Freefincal’s Pattabiraman.I wish to clarify that this is only a…
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Stellantis, a multinational automotive conglomerate, has been facing significant challenges in the North American market, particularly in comparison to its competitors, General Motors and Ford. The company’s sales figures have been underwhelming, and its recent delivery performance has been particularly disappointing. Several factors have contributed to the declining sales of Chrysler, Dodge, Ram, and Jeep brands. Chrysler, once a renowned nameplate, has struggled to maintain its relevance, with the Pacifica minivan serving as its primary lifeline. Dodge, on the other hand, has made controversial decisions, including discontinuing popular models like the Charger and Challenger and introducing less appealing options like…
The GSK (LSE: GSK) share price is a nightmare and there’s little sign of respite for long-suffering investors. Shares in the FTSE 100 pharmaceutical giant now trade 10.18% lower than five years ago. The misery continues, with the stock falling 5.97% last week. As a benchmark, it’s up just 1.47% over the last 12 months. I thought the stock looked great value when I bought it earlier this year, but like many before me, I’ve been faced with a reality check. So what’s going on? Why are the shares falling and falling? I remember the glory days when, as GlaxoSmithKline,…
Sustainability advisory firm ERM announced today the launch of the ERM Carbon Credit Portal, a new solution providing the firm’s clients with access to carbon credits through the voluntary carbon market (VCM). According to ERM, the new portal comes as clients increasingly look to carbon credits to complement their greenhouse gas emissions reduction strategies and help mitigate unabated emissions, while the carbon market faces challenges ranging from integrity concerns, greenwashing-based reputational risks and the emergence of multiple standards and methodologies. Designed to streamline carbon credit selection and the purchasing experience, the new portal connects users with pre-screened projects, enabling buyers…
The Dodge Charger Daytona, a name synonymous with the company’s muscle car heritage, has had a multifaceted journey throughout its history. The original 1969 model, renowned for its innovative aerodynamics, stands as a testament to the era’s automotive prowess. However, the Daytona badge has not been confined to this singular iteration. In the 1976 model year, Dodge introduced a Daytona appearance package for the Charger, marking its second incarnation. This version, in stark contrast to its predecessor, was designed to appeal to a different market segment. Positioned as a personal luxury car, the 1976 Daytona reflected the changing automotive world…
WASHINGTON (Reuters) – U.S. Vice President Kamala Harris leads Republican rival Donald Trump by 5 percentage points in an NBC News poll released on Sunday that found that respondents have come to see her more favorably since she emerged as the Democratic candidate for president. Asked about their views of Harris since she became the nominee, 48% of 1,000 registered voters surveyed said it was positive compared to 32% in July — the largest jump among politician ratings polled by NBC since President George W. Bush’s favorability rose after the Sept. 11, 2001, attacks. Asked about Trump, 40% of those…
Key InsightsInstitutions’ substantial holdings in Fulton Financial implies that they have significant influence over the company’s share price51% of the business is held by the top 10 shareholdersOwnership research along with analyst forecasts data help provide a good understanding of opportunities in a stockTo get a sense of who is truly in control of Fulton Financial Corporation (NASDAQ:FULT), it is important to understand the ownership structure of the business. With 77% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is…
The Korean Public Officials Benefit Association (POBA) is shifting its focus towards various developed markets due to increasing divergence in interest rate policies. In addition, within Asia Pacific, the pension fund has ventured into Vietnam and India through dedicated equity mandates. “While we focus solely on real estate markets, the situation in European real estate is much better than in the US in terms of supply-demand structure and interest rate monetary policy stage, as the ECB [European Central Bank] has already begun its rate cutting cycle in June, Huh Jang, chief investment officer at POBA, told AsianInvestor. Huh Jang POBA…
The bulls are back and investors are chasing the market higher.Last week I wrote about why a 50 basis point interest rate cut could be a mistake, as experts told me a bold move by the Fed could signal doom and gloom for the economy and risk triggering a market selloff.Yet, a week later, Wall Street seems to be on board with the larger rate cut as stocks jumped to record highs.And traders are betting the Fed will keep up its aggressive pace of easing. While the central bank signaled another 50 basis points of cuts across its two remaining…
Henry Leland, a visionary automotive pioneer, played a pivotal role in shaping the American luxury car industry. In the early 20th century, he co-founded Cadillac, a brand that quickly established itself as a symbol of elegance and innovation. Leland’s engineering expertise and meticulous attention to detail were instrumental in Cadillac’s early success. However, despite his significant contributions, Leland and his son Wilfred eventually left Cadillac to pursue their venture. In 1917, Leland and Wilfred founded Lincoln Motor Company, a new luxury car brand named after the 16th President of the United States. Initially focused on producing Liberty engines for World…