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Nucor eyes another record quarter as construction, auto markets strengthen
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Principal to exit consumer life insurance, fixed annuities following sweeping strategic review
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2 TSX Dividend Stocks to Buy and Hold for Decades
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One thing many investors fail to understand is that there is a difference between passive income and a second income source. Take a rental property as an example. If you are collecting the rent yourself and taking care of the maintenance of the property, it’s almost an
active source of income, which requires you to be actively involved, though not as much as your primary income sources (a job or a business).
There is a lot of difference between a passive income generated by rent and one generated by, say, dividends. The latter is truly passive, as you don’t have to become involved in the income-generation process. Apart from the returns and barriers to entry, how passive a passive income truly is might be an essential factor to consider.
Auto companies’ stocks rise as workers die from COVID-19
With COVID-19 cases surging in auto plants, Wall Street is demanding car companies increase production to restock depleted dealer inventories. At the same time, anger among workers is growing over the mounting toll of sickness and death and the efforts of the United Auto Workers and management to suppress opposition to unsafe conditions.
According to the Michigan Department of Health and Human Services, manufacturing facilities, including auto plants, continue to be major vectors of virus transmission in the state. For the week ending Dec. 3 the state’s health department reported 40 new outbreaks at manufacturing and construction sites, including 12 in the greater Detroit area and another four at agricultural and food processing worksites. These are in addition to 112 ongoing outbreaks identified in manufacturing and construction sites.