Ignore the Trump tweets. Ignore the wild daily swings in the market.
If you agonize over your retirement savings – constantly tweaking mutual funds, tracking short-term performance and massaging your investment mix – you may think you’re working hard for your money. In fact, you may be overworking it – and dragging it down in the process.
Michaela Pagel, assistant professor of finance and economics at Columbia Business School, says your retirement portfolio may be best served by giving it a solid dose of inattention.
“Recent evidence suggests that investors either are inattentive to their portfolios or undertake puzzling rebalancing efforts,” Pagel writes in her research study. “History has shown us that the stock market is a relatively safe bet over the long term because it has typically grown. Investors would be wise to keep this in mind, because those that check their portfolio too often and are driven by the daily or hourly fluctuations in the market may make decisions that have a negative impact on their long-term financial prospects.”
Top Growth Stocks To Buy For 2021: Autohome Inc.(ATHM)
Autohome Inc. was incorporated under the laws of the Cayman Islands under its former name, Sequel Limited, in June 2008 and adopted its current name in October 2011. Shortly after its inception, in June 2008, Autohome acquired all of the equity interests of the following entities:
* Cheerbright International Holdings Limited, or Cheerbright, a British Virgin Islands company that operates autohome.com.cn, which was launched in 2005;
* Norstar Advertising Media Holdings Limited, or Norstar, a Cayman Islands Company that, among other businesses, operated che168.com, which was launched in 2004; and
* China Topside Limited, or China Topside, a British Virgin Islands company. Advisors’ Opinion:
- [By Motley Fool Transcribers]
Autohome Inc (NYSE:ATHM)Q4 2018 Earnings Conference CallFeb. 26, 2019, 7:00 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Stephan Byrd]
Autohome Inc (NYSE:ATHM)’s share price fell 6.5% during trading on Friday . The stock traded as low as $76.95 and last traded at $77.41. 1,384,400 shares were traded during trading, an increase of 64% from the average session volume of 842,765 shares. The stock had previously closed at $82.76.
Top Growth Stocks To Buy For 2021: Poage Bankshares, Inc.(PBSK)
Poage Bankshares, Inc., incorporated on February 8, 2011, is a holding company for Town Square Bank (Town Square). Town Square is a federal savings association. The Company operates in banking segment. Town Square’s business consists of accepting savings accounts, checking accounts and certificates of deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, primarily in first lien one-to-four-family mortgage loans, commercial and multi-family real estate loans, commercial and industrial loans consumer loans, consisting primarily of automobile loans and home equity loans and lines of credit, and construction loans. Town Square purchases investment securities consisting of mortgage-backed securities issued by the United States Government agencies and government-sponsored enterprises, and obligations of state and political subdivisions. Town Square provides financial services to individuals, families and businesses, through its banking offices located in and around Ashland, Nicholasville and Mt. Sterling, Kentucky.
Town Square’s principal lending activity is the origination of first lien one- to four-family residential mortgage loans, and commercial and multi-family real estate loans, consumer loans, consisting of automobile loans, home equity loans and lines of credit, and construction loans. Its consumer loans include new and used automobile and truck loans, recreational vehicle loans and personal loans. Town Square offers home equity loans and lines of credit secured by a first or second mortgage on residential property, such as principal dwelling and condominium. Its commercial business loans consist of regular lines of credit and revolving lines of credit to businesses to finance short-term working capital needs, such as accounts receivable and inventory. Town Square also originates commercial term loans to fund long-term borrowing needs, such as purchasing equipment, property improvement! s or other fixed asset needs. It originates commercial loans, including real estate and non-real estate loans on the basis of the borrower’s ability to make repayment from the cash flow of the borrower’s business or rental income produced by the property.
Town Square makes construction loans to individuals for the construction of their residences. It also makes construction loans for the construction of homes on speculation, which include pre-sold and spec homes. Its loan servicing includes collecting and remitting loan payments, accounting for principal and interest, contacting delinquent borrowers, supervising foreclosures and property dispositions in the event of un-remedied defaults, making insurance and tax payments on behalf of the borrowers and administering the loans. Its total loans are approximately $316.35 million.
Town Square’s investments include securities issued by the United States Government and its agencies or government sponsored entities, including residential mortgage-backed securities, municipalities, school boards and fully insured certificates of deposit. Its total securities available for sale are approximately $63.39 million.
Sources of Funds
Deposits are Town Square’s primary source of funds for use in lending and investment activities. Town Square also uses borrowings, primarily Federal Home Loan Bank (FHLB)-Cincinnati advances to lengthen the maturities of liabilities for interest rate risk purposes and to manage the cost of funds. It also receives funds from scheduled loan payments, investment maturities, loan prepayments, retained earnings, income on earning assets and the sale of assets. Its deposits are generated from within its primary market area. It offers a range of deposit accounts, including statement savings accounts, negotiable order of withdrawal (NOW) accounts, business checking, certificates of deposit, money market accounts and retirement accounts. Its borrowings consist of! advances! from the Federal Home Loan Bank of Cincinnati. Town Square has total deposits of approximately $343.13 million.
- [By Stephan Byrd]
Poage Bankshares (NASDAQ:PBSK) announced its earnings results on Monday. The savings and loans company reported $0.21 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The company had revenue of $5.39 million for the quarter. Poage Bankshares had a negative return on equity of 4.84% and a negative net margin of 14.32%.
- [By Joseph Griffin]
News coverage about Poage Bankshares (NASDAQ:PBSK) has been trending somewhat negative on Thursday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Poage Bankshares earned a daily sentiment score of -0.06 on Accern’s scale. Accern also assigned headlines about the savings and loans company an impact score of 47.5091086029881 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Top Growth Stocks To Buy For 2021: Energy XXI Ltd.(EXXI)
Energy XXI Ltd engages in the acquisition, exploration, development, and operation of oil and natural gas properties onshore in Louisiana and Texas, and on the Gulf of Mexico. As of June 30, 2015, the company had net proved reserves of 183.5 million barrels of oil equivalent. It operated or had an interest in 567 gross producing wells on 388,199 net developed acres, including interests in 52 producing fields. The company was founded in 2005 and is based in Houston, Texas.
- [By Dan Caplinger]
The stock market was mostly higher on Monday, with market participants celebrating favorable economic news on the consumer front and looking forward to another round of positive earnings reports when third-quarter earnings season starts early next month. Tax cuts have helped corporate earnings throughout 2018, and that’s generally helped to lift the overall market. Yet even with several major market benchmarks at or near record levels, some stocks weren’t able to participate in the gains today. Brown-Forman (NYSE:BF-B), Acorda Therapeutics (NASDAQ:ACOR), and Energy XXI Gulf Coast (NASDAQ:EXXI) were among the worst performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so poorly.