If passive income is your primary goal, you may find Rithm Capital's (NYSE: RITM) 9.2% dividend yield alluring. The real estate investment trust (REIT) is reasonably priced, but management is overhauling the business, which could affect its future dividend payout. That has some shareholders wondering if now is the time to sell. Which direction is right for you?
Open FlipNasdaq Composite is 16 months into a bull market and the index has already soared 53%, but history says it could move much higher in the next couple years. Nasdaq returned an average of 215% during the eight bull markets since 1990, and it realized those gains over an average of 40 months. If current bull market aligns with that average, the Nasdaq will gain another 162% during the next 2 years.
Open FlipThe news over the past year or so has sparked more than its share of discussion about the uncertainties in the economy, especially as it relates to geopolitical tensions across the globe. These tensions and uncertainties have economists worried that inflation will remain elevated. It also has some wondering if the U.S. can navigate a soft landing from the economic fallout caused by the pandemic.
Open Flip