Dow Jones Futures: Israel Attacks Iran Energy Assets; The Next AI Winners After Nvidia, Broadcom?
Israel expanded its targets Saturday to include Iran energy assets. Will these AI stocks follow Nvidia, Broadcom higher?
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Bloomberg
34 minutes ago
- Bloomberg
Mounting Israel-Iran Conflict Amps Up Geopolitical Market Risks
Financial markets are set to reopen Monday with investors squarely focused on escalating geopolitical tensions as Israel and Iran continue to bombard each other with no sign of a pause. Israel on Sunday reported new missile attacks from Iran, and said it was carrying out simultaneous strikes on Tehran, as the two countries faced off for a third day in what is fast becoming the longtime adversaries' most serious entanglement yet.
Yahoo
36 minutes ago
- Yahoo
I Asked ChatGPT How Much Money Is Needed To Retire in 20 Years — Here's What It Said
Your lifestyle, inflation, investments, anticipated health, Social Security and other income sources have to be figured into any comprehensive retirement financial strategy. However, if you're currently planning more for your weekend than your retirement, a quick ChatGPT query can at least plant some seeds as to what to expect, and how much you might need when your work life comes to an end. Find Out: Read More: Of course, ChatGPT struggles with accuracy, context and common sense, but it's interesting to experiment with. Here's what the chatbot answered when I asked it, 'How Much Money Will I Need to Retire in 20 Years?' ChatGPT can't guess your current savings, your expected retirement age or what you think you'll need every year to be comfortable in retirement. Therefore, it prompts by asking questions, but also provides a basic example of someone retiring in 20 years, at the age of 65, with a desired annual budget of $60,000, a longevity plan of 25-30 years, an inflation rate of 2.5%-3% per year and a 5%-7% investment rate of return (ChatGPT used 6% before retirement and 4% after, which are accurate estimates). Be Aware: Your future purchasing power won't be reduced if your income increases by the same amount as the rate of inflation. Typically, however, income doesn't keep pace with the rising cost of goods and services due to inflation. Using an inflation calculator, the reduced amount of $60,000 will be around $33,220 in 20 years. But to have the same purchasing power as $60K today, you'll need $108,360, per ChatGPT. To figure out how much money you'll need to retire, you'll need to factor in value of annuity formulas, both in the future (the value of payments at a future date) and in the present (the amount of money needed today to generate those future payments). A quick Google search will give you plenty of income annuity calculators and retirement calculators. Using our ChatGPT inquiry, Assuming you'll need $108,360 each year for 25 years of retirement and get 4% returns while withdrawing, you'll need to build a nest egg of by the time you turn 65. To reach that future goal, estimating a 6% return on investments and savings, you'll need to sock away $3,813 every month. ChatGPT is an easy target for detractors; it's at the vanguard of AI chatbot technology, but it lacks the depth of emotional understanding and subjective interpretation that humans possess. However, it's still in development, and that's why it scares people. For now, take it for what it is: a brainstorming tool. To truly get an accurate idea of how much money you'll need to retire in 20 years, start with ChatGPT, then move on to more accurate calculators that include more financial fields (like existing 401(k), IRA and pension information). Even those should just be the start of your retirement savings research, of course. Your retirement plans deserve the insight that only a professional financial advisor can provide. They also deserve your time and effort, at least as much as you'd use planning your weekend. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard 9 Downsizing Tips for the Middle Class To Save on Monthly Expenses Mark Cuban Says Trump's Executive Order To Lower Medication Costs Has a 'Real Shot' -- Here's Why This article originally appeared on I Asked ChatGPT How Much Money Is Needed To Retire in 20 Years — Here's What It Said Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
an hour ago
- Yahoo
Could Buying Visa Stock Today Set You Up for Life?
Favorable tailwinds support Visa's durable double-digit growth, which is set to continue in the years ahead. The company's massive ecosystem, consisting of cards and merchants, creates a powerful network effect. Shares aren't trading at a bargain valuation, so investors must set realistic expectations. 10 stocks we like better than Visa › We all want to find that one investment that can make us huge returns. In the past, Visa (NYSE: V) has done just that. The world's dominant payments processing entity has produced a total return of 2,880% since its initial public offering (IPO) in 2008. This means that had you been able to make a $10,000 investment in this top financial stock back then, you'd be staring at $298,000 in your portfolio today. Shares now trade in record territory. And the company's market cap is at $721 billion. But if you buy today, can Visa set you up for life? It might be obvious, but finding a business that has tremendous growth potential, particularly over the long term, can lead to strong investment gains. That's not a shocker. To be clear, though, Visa doesn't fall into this category anymore. But that doesn't mean it's done growing. In fact, Visa registers durable growth, which is propelled by favorable tailwinds. The first growth driver is the ongoing war on cash, as consumers and businesses adopt digital and noncash transaction methodologies. While developed economies, like the U.S. and Canada, have less of an opportunity these days, emerging markets in Asia and Africa still have meaningful potential. Ongoing economic growth, which fuels spending, also benefits Visa. In the past 10 years, core personal consumption expenditures in the U.S. increased by 101%. Assuming the global economy continues to expand and is much larger decades from now, it's safe to say that Visa will gain. According to consensus analyst estimates, the company's revenue and earnings per share are expected to climb at compound annual rates of 10.2% and 12.6%, respectively, between fiscal 2024 and fiscal 2027. I think it's fair-minded to expect this type of pace in the years after as well. Besides durable growth, another reason for why Visa should be on every investor's watch list is because the company possesses an economic moat. It has built up a key sustainable competitive advantage that supports long-term success. Visa has an incredible network effect. There are 4.8 billion of its cards active across the world. And 150 million merchants worldwide accept these cards. Cardholders find tremendous value because of how widely accepted Visa is. And the same is true for merchants, as being plugged into the Visa network means they don't have to turn down customers and lose out on potential sales. The network effect also underscores just how difficult it would be for Visa's market position to get disrupted. Over the past decade, numerous fintech enterprises have popped up, with a focus on improving the user experience to make payments even more seamless. You would think that this trend would have a negative impact. However, Visa continues to grow its revenue, earnings, and reach. The payment platform is essential to the smooth functioning of the economy and the effortless movement of money between various stakeholders. This gives me confidence that Visa isn't going away anytime soon. Visa has produced monster returns since the IPO 17 years ago. And this is definitely an outstanding company that should be on the investing radar. But I don't believe the stock will set you up for life. To put it another way, future returns will bear little resemblance to past returns. The S&P 500 index's total return is better than Visa's in the past five years. And don't ignore valuation. The stock trades at a price-to-earnings ratio of 37.5. That's expensive, without a doubt. It reflects the market's appreciation for this business. I can still understand why investors might want to dollar-cost average into Visa shares. Just don't expect to generate life-changing wealth. Before you buy stock in Visa, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Visa wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Visa. The Motley Fool has a disclosure policy. Could Buying Visa Stock Today Set You Up for Life? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
