Archives for August 2019

August 2019 - Page 2 of 15 - Money Morning - Only the News You Can Profit From

This "Do Good, Do Well" Stock Packs Triple-Your-Money Potential

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Government finances are in a perpetually sorry state. That's not news; everywhere you turn, you'll hear all about it.

But what doesn't grab many headlines is the crisis in Americans' personal finances – problems that make the Treasury seem tightly squared away in comparison.

There's the retirement crisis, where one in five American adults have nothing socked away for retirement. You've got the cash crisis, in which nearly 40% of American adults can't meet a surprise $400 expense, like a mid-range hot water heater repair or doctor bill.

And then there's the "un-banking crisis." A stunning 7 million homes in the United States don't use a bank for anything at all; 18% have "minimal interaction" with the banking system.

It's grim, no doubt, but it's a fairly easy problem to solve; however, it won't be a traditional banker type that does the solving.

Interestingly, I think the company that actually has what it takes to fix this looks a lot more like Microsoft than Wells Fargo...

Now Central Bankers Are Making the Case for the Crypto Revolution

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It seems like only yesterday that central bankers were scoffing at the very idea of cryptocurrencies.

But now more and more of them are getting serious about jumping on board with the crypto revolution.

Some want to create their own cryptocurrencies while the Governor of the Bank of England suggested that the world's central banks develop a
universal digital currency that could serve as a global reserve currency.

Here's what this change of heart means for crypto...

3 Penny Stocks to Buy Now with Breakout Potential

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The yield curve keeps inverting, and investors around the world fear the next recession is imminent. But they're missing the point.

Recessions do not appear out of nowhere, and this market still has plenty of legs.

That's why we're bringing you the top penny stocks to buy now.

Each of these stocks has breakout potential and could bring triple-digit returns.

Read more...