Withdrawing from a 529 plan to pay debt incurs a 10% penalty plus income taxes, reducing gains by 13-19%. Parents withdrawing $10,000 from a 529 plan to pay credit card debt face a 10% federal penalty and ordinary income taxes, cutting the amount to $6,200. The combined 13
NEOS Nasdaq-100 High Income ETF’s 14% yield largely consists of return of capital, deferring taxes but capping upside. The NEOS Nasdaq-100 High Income ETF (QQQI) distributed $0.6589 per share on May 22, 2026, with 98 percent classified as return of capital rather than inco
FT Vest’s KNG ETF lags ProShares’ NOBL by 1.75 percent annualized despite an 8.6 percent yield from selling covered calls on Dividend Aristocrats. The FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) delivers an 8.6 percent yield by selling monthly covered call
Quick Read - Micron (MU) reported Q2 2026 revenue of $23.86B and EPS of $12.20, crushing guidance, as its Cloud Memory Business Unit generated $5.284B in revenue at a 66% gross margin while the company can only meet 50-67% of customer demand for HBM and DRAM chips. CEO San
The website builder plans its largest layoff ever, reducing headcount by a fifth amid post-earnings restructuring. Wix will eliminate approximately 1,000 roles, or 20% of its workforce, in the coming months. The move marks the company’s largest layoff to date and follows r
Quick Read - BOIL (BOIL) has collapsed 99.98% over ten years while its unlevered sibling UNG fell only 89%, proving that 2x daily leverage amplifies decay far beyond directional moves. - The analyst who called NVIDIA in 2010 just named his top 10 stocks and ProShares wasn't one...</strong
Bank of America warns potential SpaceX and OpenAI IPOs could push S&P 500 concentration to 48%, surpassing past bubble peaks. Potential initial public offerings from SpaceX and OpenAI could deepen the artificial intelligence trade bubble as rising bond yields increase inve
A $1 trillion prediction market industry by 2030 draws 71% of users under 45, with heavy losses concentrated among a tiny fraction of accounts. Prediction markets are expanding rapidly, with volumes projected to reach $1 trillion by 2030, rivaling the growth pace of AI sec
Johnson & Johnson and AbbVie beat Q1 revenue forecasts, lifting full-year outlooks on robust immunology and oncology drug performance. Johnson & Johnson reported Q1 2026 revenue of $24.06 billion, up 9.9% year-over-year, exceeding expectations. Growth was driven by TREMFYA
Direxion’s KORU delivers triple-leveraged daily returns on South Korean equities but lags long-term due to compounding volatility effects. Direxion Daily MSCI South Korea Bull 3X Shares (KORU) has climbed 274% year-to-date and 1,500% over the past 12 months, driven by dail
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