Green Bay Press-Gazette from Green Bay, Wisconsin (2024)

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Interest will be charged to you from purchase date if purchase balance is not paid in full within 12 months. Subject to credit all buyers will qualify. Terms and conditions apply. Average Tu ight BEFORE is Approximate Approximate 2023 2023 2023 920-600-8286 Name That Company You probably know my name, but one of oldest continuously operating companies, founded in 1752 in Newport, Rhode Island. Now based in Edison, New Jersey, I specialize in fine fragrances, luxury soap and grooming products.

My brands include Jockey Club (created in 1840), Newport (1890) and Number Six (the longest continu- ously manufactured American fragrance created in 1772, and reportedly the favorite scent of George Washington). My fans through the years have included Greta Garbo, John F. Kennedy, Jacqueline Onassis and the Rolling Stones. I call myself Who am Think you know the answer? announce it in next edition. with multiple lenders to get your best deal.

Consider whether you want to put down or pay less, which usually involves getting private mortgage insurance (PMI). Be sure to factor closing costs into your calculations, too; they might be $10,000, $20,000 or more. Finally, look into whether you can qualify for a government home- buying program, such as loans through the FHA (Federal Housing Administration), VA (Veterans Affairs) or USDA (U.S. Depart- ment of Agriculture). Not getting preapproved.

You might be prequalified for a mort- gage by a lender, but better to be preapproved. Preapproval means that a lender has checked your finances and is ready to lend you a certain sum; it can make you a more competitive buyer. Skipping the home inspection. Bypass the inspection at your own risk; it might reveal costly issues with the home that you can ask the sellers to fix, or that can allow you to cancel the purchase agreement altogether. A little research online can turn up many more mistakes to avoid.

The Motley Fool Take A Great Grower at a Fair Price For decades, shares of Amazon. com (Nasdaq: AMZN) have often seemed too pricey. But recently around $180 per share, look- ing fairly priced, with a forward-look- ing price-to-earnings ratio of 43, below the five-year average of 56. The e-commerce and cloud giant posted boffo 2023 results, with rev- enue up to $575 billion and net income of $30 billion. Amazon Web Services (AWS), the leader in public cloud infrastructure and services, is growing operating profit margins robustly.

With cloud computing very much a high-growth market, AWS still has incredible potential. Mean- while, in its core North American e-commerce market, Amazon is in the early stages of unlocking profit- able gains recently launching ads on Prime Video, for example. Software-based business models (of which Amazon really has two, an e-commerce marketplace and public cloud services) are often called nitely Amazon is just start- ing to flex its superpowers. In 2022, for the first time, it recorded more full-year service revenue than product sales and the services side that has the profit margins inves- tors want to see. Amazon a cheap stock, but if you believe it will continue grow- ing for years to come, this remains a top buy-and-hold stock for the long haul.

(John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Mot- ley board of directors. The Motley Fool owns shares of and has recommended Amazon.com.) Ask the Fool My Dumbest Investment Best and Worst Investment My best and worst investment hap- pened when Tesla first went public in 2010. I bought at around $24 per share, and have held ever since. owned a 2000 Ford Ranger EV pickup truck since 2008, love the idea of electric vehicles and wanted to own a souvenir of the first EV mass-production company. (I framed the actual stock certificate and hung it by my desk.) Unfortunately, I had no faith that Elon Musk could actually make a success of this and still figure out how he did it so I bought only one share.

J.D., Shoreline, Washington The Fool Responds: some story. Since initial public offering, it has split twice first 5-for-1 and then 3-for-1. Those splits would have turned your one share into 15 shares, and shrunk your cost basis from $24 to about $1.60 per share. Given that Tesla has recently been trading near $168 per share, your gain is around or almost $2,500. Tesla has been a particularly vola- tile stock, having traded above $410 per share (split-adjusted price) back in late 2021.

It also has both passionate believers and strong doubters. Bulls have high hopes for the electric vehicle, autonomous vehicle and battery businesses, expecting profit margins to increase as produc- tion volume grows. Bears note that Tesla faces a lot of competition, and that solar panel and battery prices may drop over time, hurting profits. (Do you have a smart or regrettable investment move to share with us? Email it to Deflation vs. Inflation I gather that inflation has come down.

So are we now experiencing deflation? F.L., Sheridan, Wyoming A nowhere near defla- tion, which is when prices are actually falling. The inflation rate in the United States tends to go both up and down in a somewhat limited range, though it can be particularly high or low at times. After hitting a four-decade high of 9.1% year over year in June 2022, the consumer price index has trended down, staying below since June 2023 and hitting 3.5% in March. Those numbers reflect prices that are increasing, which is still inflation just slower inflation. Deflation can sound great, as all like lower prices, but hard on borrowers, who must repay debt with dollars that are worth more than the dollars they originally borrowed.

It can also depress the economy as consum- ers put off purchases, anticipating lower prices, and employers hire fewer workers, raising the unem- ployment rate. Why might a stock start trading one morning at a very different price from where it closed the day before? C.B, Fort Lauderdale, Florida A Something notable prob- ably happened after trad- ing closed such as a very strong or weak earnings report, news that the company is being bought out or is buying another company, a big change in man- agement, or the suggestion of a scandal or legal mess. Even a rumor can move a stock. Lots of buy or sell orders accumulating overnight can lead to a sharply higher or lower price as the market opens. (Remember that stock prices reflect supply and demand, so if many people want to sell, the price will fall to a point at which some will buy and vice versa.) Want more information about stocks? Send us an email to School Homebuying Blunders To Avoid If thinking of buying a home, be sure to read up on the process.

Doing so can help you avoid making costly mistakes, such as these: Ignoring your credit score. smart to have or to build up a strong credit score, so offered the best interest rates by lenders. A poor score can cost you many thousands of dollars in interest payments. Buying too much home. If you crunched some numbers to determine how big a mortgage pay- ment you can afford, you might end up buying too expensive a home.

That can limit your financial flex- ibility and leave you in hot water if your income shrinks. Not thinking enough about your mortgage. Learn about the pros and cons of an adjustable-rate mortgage versus a fixed-rate one, and about loan terms of 15 years, 30 years or others. Shop around 2024 he oTley ool isT by A nDrews eel ynDicATion LAST TRIVIA ANSWER I trace my roots way back to 1889, when my founder started producing overalls in Detroit. I produced clothing for the U.S.

military in both World War I and World War II. My Chore Coat was being produced by 1917, and I introduced my Super Dux and Super Fab lines of outdoor wear in the 1930s. made private-label clothing for Sears, JCPenney and Montgomery Ward. Based in Dearborn, Michigan, a leading workwear brand known for ruggedness. I employ more than 5,000 people globally but am family owned so you buy stock in me.

Who am (Answer: Carhartt) Want to Invest? Email us at and send you some tips to start investing. Sorry, we provide individual financial advice..

Green Bay Press-Gazette from Green Bay, Wisconsin (2024)

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