If you are an investor that goes in for the long-term, and may not be especially keen on the short-term trading, the WOW factor may not be what you are looking for.
In investing terms, stocks with the WOW factor may be seen as “growth stocks.” These are stocks that offer returns that might make you say WOW. These are stocks that beat the market average by a fair margin. But in times like these, with stagflation on the horizon and worries of a recession mounting, WOW can easily turn into something quite the opposite.
When choosing an investment, it is important …read more

The big news over the weekend is that someone somewhere in Indiana has won a hefty Powerball jackpot. Of course, the next big question becomes: What to do with all of that cash?
There are two main options: take a lump sum, or take an annual payout. Many people actually go for the lump sum; few consider the annual payout. But as Kelly the Tax Girl points out, taxes take a big toll in that lump sum Powerball payout:
The lump sum option requires the payment of taxes upfront before a pay-out (withholding is required, usually at the highest tax bracket) …read more