Reverse mortgages are loans that enable homeowners aged 62 and older to convert part of their home's equity into cash. They give you money -- in a lump sum, as regular payments, or as a line of credit -- and in exchange, you lose some of the equity in your home and pay insurance to protect the lender's investment in case you can't pay back the loan.
For some older homeowners, a reverse mortgage can be a good way to get some much-needed cash when their other sources of income aren't enough. But it's not always a good idea. If something goes wrong, you risk losing your home. And if you want to pass your home to your spouse or children when you die, a reverse mortgage could put this plan at risk.
Here are a few questions you should ask yourself to determine if a reverse mortgage is the right solution to your financial troubles.
Image source: Getty Images.
Top 5 Stocks To Invest In 2019: Tableau Software, Inc.(DATA)
Advisors' Opinion:- [By Leo Sun, Chuck Saletta, and Jordan Wathen]
It is still a solid long-term growth stock. But according to a team of Motley Fool contributors, three other stocks -- GrubHub (NYSE:GRUB), Tableau Software (NYSE:DATA), and Mastercard (NYSE:MA) -- might offer better returns for now.
- [By Joseph Griffin]
Cypress Funds LLC acquired a new stake in shares of Tableau Software (NYSE:DATA) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 203,000 shares of the software company’s stock, valued at approximately $16,406,000. Tableau Software accounts for 2.4% of Cypress Funds LLC’s portfolio, making the stock its 18th biggest position.
- [By Shane Hupp]
Streamr DATAcoin (CURRENCY:DATA) traded 6.5% lower against the U.S. dollar during the one day period ending at 14:00 PM ET on June 24th. Streamr DATAcoin has a total market capitalization of $58.72 million and $2.67 million worth of Streamr DATAcoin was traded on exchanges in the last day. During the last seven days, Streamr DATAcoin has traded up 27.4% against the U.S. dollar. One Streamr DATAcoin token can now be purchased for $0.0867 or 0.00001397 BTC on exchanges including Ethfinex, HitBTC, Bancor Network and Mercatox.
- [By Stephan Byrd]
Tableau Software (NYSE:DATA) had its price objective reduced by Wedbush from $104.00 to $100.00 in a research note published on Thursday morning. They currently have an outperform rating on the software company’s stock.
- [By Money Morning Staff Reports]
And with just a few smart plays in today's classic stock picker's market, you can pull in triple-digit gains with just a small investment.
Stocks to Watch Today: SBUX, BABA, DWDP Starbucks Corp. (Nasdaq: SBUX) is on the move. The coffee giant has announced that it will launch a trial project in China with Alibaba Group Holding Ltd. (NYSE: BABA) to test the delivery of coffee. Shares of DowDuPont Inc. (NYSE: DWDP) pushed higher after the firm topped both earnings and revenue expectations before the bell. The firm also said that its merger of Dow and DuPont has produced cost savings of roughly $900 million. Look for additional earnings reports from GoPro Inc. (Nasdaq: GPRO), Activision Blizzard Inc. (Nasdaq: ATVI), Tableau Software Inc. (NYSE: DATA), Yum! Brands Inc. (NYSE: YUM), Shake Shack Inc. (NYSE: SHAK), and MGM Resorts International (NYSE: MGM).Follow Money Morning on Facebook, Twitter, and LinkedIn.
- [By Shane Hupp]
Tableau Software Inc Class A (NYSE:DATA) EVP Keenan Michael Conder sold 3,795 shares of the stock in a transaction that occurred on Friday, August 17th. The shares were sold at an average price of $101.37, for a total transaction of $384,699.15. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Top 5 Stocks To Invest In 2019: DNB Financial Corp(DNBF)
Advisors' Opinion:- [By Stephan Byrd]
BancFirst (NASDAQ: DNBF) and DNB Financial Corp Common Stock (NASDAQ:DNBF) are both finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, profitability, institutional ownership, risk and valuation.
- [By Stephan Byrd]
DNB Financial Corp Common Stock (NASDAQ:DNBF) EVP Bruce E. Moroney sold 4,712 shares of the stock in a transaction that occurred on Wednesday, June 13th. The shares were sold at an average price of $35.93, for a total transaction of $169,302.16. Following the completion of the sale, the executive vice president now directly owns 16,502 shares of the company’s stock, valued at approximately $592,916.86. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on DNB Financial Corp Common Stock (DNBF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Stocks To Invest In 2019: Myers Industries, Inc.(MYE)
Advisors' Opinion:- [By Max Byerly]
Newell Brands (NYSE: NWL) and Myers Industries (NYSE:MYE) are both consumer staples companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, profitability, earnings, institutional ownership, valuation and dividends.
- [By Stephan Byrd]
Myers Industries, Inc. (NYSE:MYE) Director Frederic Jack Liebau, Jr. bought 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 30th. The stock was purchased at an average cost of $19.28 per share, for a total transaction of $19,280.00. Following the completion of the transaction, the director now directly owns 28,957 shares in the company, valued at approximately $558,290.96. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Myers Industries (MYE)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Stocks To Invest In 2019: Rogers Communication, Inc.(RCI)
Advisors' Opinion:- [By Shane Hupp]
Rogers Communications (NYSE:RCI) (TSE:RCI.B) announced a quarterly dividend on Friday, April 20th, Wall Street Journal reports. Shareholders of record on Monday, June 11th will be paid a dividend of 0.3821 per share by the Wireless communications provider on Tuesday, July 3rd. This represents a $1.53 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date is Friday, June 8th.
- [By Max Byerly]
Media coverage about Rogers Communications Inc. Class B (NYSE:RCI) (TSE:RCI.B) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rogers Communications Inc. Class B earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned media headlines about the Wireless communications provider an impact score of 45.3527592568768 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
- [By Logan Wallace]
Mn Services Vermogensbeheer B.V. boosted its stake in shares of Rogers Communications (NYSE:RCI) (TSE:RCI.B) by 346.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,294 shares of the Wireless communications provider’s stock after acquiring an additional 43,691 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Rogers Communications were worth $3,239,000 at the end of the most recent reporting period.
- [By Ethan Ryder]
Rogers Communications Inc. Class B (TSE:RCI.B) (NYSE:RCI) had its target price lifted by National Bank Financial from C$68.00 to C$69.00 in a report issued on Friday morning. The brokerage currently has a sector perform rating on the stock.
Top 5 Stocks To Invest In 2019: Covanta Holding Corporation(CVA)
Advisors' Opinion:- [By Lee Jackson]
This company has seen solid insider buying over the past year. Covanta Holding Corp. (NYSE: CVA) is a world leader in providing sustainable waste and energy solutions. Annually, Covanta’s modern energy-from-waste facilities safely convert approximately 20 million tons of waste from municipalities and businesses into clean, renewable electricity to power 1 million homes and recycle approximately 500,000 tons of metal.
- [By Logan Wallace]
First Trust Advisors LP cut its stake in shares of Covanta Holding Corp (NYSE:CVA) by 33.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 406,618 shares of the energy company’s stock after selling 201,502 shares during the period. First Trust Advisors LP’s holdings in Covanta were worth $6,709,000 as of its most recent SEC filing.
- [By Shane Hupp]
Cullen Frost Bankers Inc. boosted its holdings in Covanta Holding Corp (NYSE:CVA) by 22.6% during the fourth quarter, Holdings Channel reports. The fund owned 35,051 shares of the energy company’s stock after buying an additional 6,456 shares during the period. Cullen Frost Bankers Inc.’s holdings in Covanta were worth $470,000 at the end of the most recent quarter.
- [By Joseph Griffin]
Danielson (NYSE: CVA) and MGE Energy (NASDAQ:MGEE) are both oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, earnings, dividends, profitability, analyst recommendations, valuation and risk.
- [By Ethan Ryder]
News headlines about Covanta (NYSE:CVA) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Covanta earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the energy company an impact score of 46.1841008106307 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
- [By Joseph Griffin]
HL Financial Services LLC trimmed its holdings in shares of Danielson Holding Co. (NYSE:CVA) by 12.3% in the first quarter, HoldingsChannel reports. The firm owned 49,434 shares of the energy company’s stock after selling 6,964 shares during the quarter. HL Financial Services LLC’s holdings in Danielson were worth $717,000 as of its most recent SEC filing.
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