Johnson & Johnson (JNJ) shares experienced a fall of more than 10% on Friday 14 December. The fall comes after doubts arose over the safety of its talcum powder. The result of the latest stories has been an ongoing battle of words between lawyers for Johnson & Johnson and Reuters who originally reported that the firm has allegedly been hiding the presence of asbestos in … [Read more...]
Stocks to Buy and Hold for 5 Years ($JNJ, $RACE, $COST, $BUD, etc.)
Even though day trading gets all the press, I remain an advocate for Buy and Hold. The investment strategy has a number of benefits, including 1) lower taxes paid for long term capital gains (stocks owned for more than 1 year), and 2) you don’t have to be glued to a screen constantly, trying to make fast money.If you’re a died-in-the-wool day trader, more power to you. But … [Read more...]
3 Hot Consumer Staples That You Should Invest In
Consumer staples are a great niche to invest in. Why? Because when it comes to investing, many times, boring it better. I know investing in razors or hand sanitizer doesn’t sound glamorous or exciting as electric cars, but you have to remember one thing. Not everyone is a potential customer for electric cars.On the other hand, everyone needs a razor to shave. Everyone needs … [Read more...]
Johnson & Johnson Stock (JNJ) Falls over Law Suits
Johnson & Johnson (NYSE:JNJ) has recently been court-ordered to pay out close to $111 million, a record setting amount, to a Virginia woman named Lois Slemp. The law suit claims that she developed ovarian cancer after using the company's products for longer than forty years. This is just the latest lawsuit alleging that using Johnson & Johnson's baby powder causes … [Read more...]
Investing in an Aging Population
A report commissioned by the National Institute on Aging suggests that there are approximately 617 million people aged 65 and older in the world today. These individuals make up 8.5% of the world's population. However by the year 2050 the report forecasts that people in this older age group will be over 1.6 billion, which will be nearly 17% of the world's population at that … [Read more...]
