Family and friends lend out about $89 billion in cash each year. More than a third of that total is used to help finance a new business while 6% of first-time home buyers get help from (usually) their parents. About a quarter of those loans were never paid back at all and more than 40% were only paid back partially.
The moral here is not to lend more than you can afford to lose. Sort of like playing poker or blackjack in a casino.
But what about lending your credit card to someone else, either a family member or good friend? How likely is that result in a bad outcome? According to a new survey of 2,253 U.S. adults by researchers at CreditCards.com, more than one-third of the time.
Nearly half (49%) of respondents who have ever owned a credit card admitted that they had lent the card to spouses, children, friends, co-workers or “other people” to make a purchase. More than a third (35%) experienced negative consequences.
Overspending by the card’s borrower hit 19% of the trusting souls, while 14% never got repaid and 10% reported that the card was lost, stolen or never returned. By extrapolation, the researchers estimate that 36 million Americans have been hurt by lending a credit card to someone else.
Top 10 Casino Stocks To Buy Right Now: National Bankshares, Inc.(NKSH)
Advisors' Opinion:- [By Max Byerly]
National Bankshares (NASDAQ:NKSH) and Bancorp (NASDAQ:TBBK) are both small-cap finance companies, but which is the better stock? We will contrast the two companies based on the strength of their valuation, risk, dividends, analyst recommendations, earnings, institutional ownership and profitability.
- [By Ethan Ryder]
Farmers Capital Bank (NASDAQ: NKSH) and National Bankshares (NASDAQ:NKSH) are both small-cap finance companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, earnings, dividends, risk, profitability, analyst recommendations and institutional ownership.
- [By Joseph Griffin]
BidaskClub cut shares of National Bankshares (NASDAQ:NKSH) from a sell rating to a strong sell rating in a research note published on Thursday morning.
Top 10 Casino Stocks To Buy Right Now: Lexmark International, Inc.(LXK)
Advisors' Opinion:- [By Max Byerly]
Press coverage about Lexmark International (NYSE:LXK) has been trending somewhat negative on Saturday, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Lexmark International earned a coverage optimism score of -0.10 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 42.9230217304115 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
- [By Stephan Byrd]
Headlines about Lexmark International (NYSE:LXK) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Lexmark International earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 42.803224128124 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Top 10 Casino Stocks To Buy Right Now: Nuveen New York Dividend Advantage Municipal Fund(NAN)
Advisors' Opinion:- [By Shane Hupp]
Nuveen New York Dividend Advntg Mncpl Fd (NYSE:NAN) announced a monthly dividend on Tuesday, October 2nd, Wall Street Journal reports. Investors of record on Monday, October 15th will be given a dividend of 0.048 per share by the financial services provider on Thursday, November 1st. This represents a $0.58 annualized dividend and a yield of 4.69%. The ex-dividend date is Friday, October 12th.
Top 10 Casino Stocks To Buy Right Now: ONEOK Inc.(OKE)
Advisors' Opinion:- [By Reuben Gregg Brewer]
Kinder Morgan, Inc. (NYSE:KMI) is one of the largest midstream companies in North America, and it has major dividend plans between 2018 and 2020. By the end of that period, it expects to increase its dividend from $0.50 per share per year (in 2017) to $1.25. That's huge dividend growth in a short period of time. But don't get too enamored by that news; the dividend will still be lower than it was before the midstream oil and gas company's 75% dividend cut in 2016. If you're looking for dividend income in the midstream space, take a look at longtime dividend payers ONEOK, Inc. (NYSE:OKE) and Magellan Midstream Partners, L.P. (NYSE:MMP) instead.
- [By Matthew DiLallo]
ONEOK (NYSE:OKE) has made several shrewd moves over the past few years, which have positioned it to grow its high-yielding dividend at a high rate. One of the latest is its recent deal to buy out Martin Midstream Partners' (NASDAQ:MMLP) 20% interest in the West Texas LPG pipeline system. With full control of that pipeline, the company can more aggressively pursue expansion opportunities, which recently led it to secure a second project on the system that positions it for even more growth in the future.
- [By Jon C. Ogg]
ONEOK Inc. (NYSE: OKE) was reiterated as Buy with a $67 price objective ahead of the earnings report due on the same day. The firm sees management providing 2019 guidance, updates on growth projects and color on the impact of commodity prices. Its shares were down 0.5% at $67.46 in midday trading on Monday.
Top 10 Casino Stocks To Buy Right Now: Porsche Automobil Holding SE (POAHY)
Advisors' Opinion:- [By ]
The Model X also experienced extremely high demand, with 12,000 vehicles sold in Europe, outselling such popular Models as BMW's X6. According to research the Model X was purchased about as often as the extremely popular Porsche (OTCPK:POAHY) Cayenne vehicle in Europe last year.
Top 10 Casino Stocks To Buy Right Now: Chimera Investment Corporation(CIM)
Advisors' Opinion:- [By Shane Hupp]
Public Employees Retirement Association of Colorado trimmed its position in shares of Chimera Investment Co. (NYSE:CIM) by 18.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 51,307 shares of the real estate investment trust’s stock after selling 11,267 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Chimera Investment were worth $893,000 at the end of the most recent reporting period.
- [By Motley Fool Transcribers]
Chimera Investment Corp (NYSE:CIM)Q4 2018 Earnings Conference CallFeb. 13, 2019, 9:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Jon C. Ogg]
Chimera Investment Corp. (NYSE: CIM) was downgraded to Hold from Buy at Deutsche Bank.
Comerica Inc. (NYSE: CMA) was downgraded to Market Perform from Outperform with an $83 price target (versus an $84.47 close) at BMO Capital Markets.
Top 10 Casino Stocks To Buy Right Now: Cross Country Healthcare, Inc.(CCRN)
Advisors' Opinion:- [By Max Byerly]
Get a free copy of the Zacks research report on Cross Country Healthcare (CCRN)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
Get a free copy of the Zacks research report on Cross Country Healthcare (CCRN)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
BidaskClub lowered shares of Cross Country Healthcare (NASDAQ:CCRN) from a buy rating to a hold rating in a research note released on Thursday morning.
- [By Ethan Ryder]
Cross Country Healthcare (NASDAQ: CCRN) and StarTek (NYSE:SRT) are both small-cap business services companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, profitability, valuation, institutional ownership, risk, earnings and analyst recommendations.
Top 10 Casino Stocks To Buy Right Now: GSE Systems, Inc.(GVP)
Advisors' Opinion:- [By Stephan Byrd]
GSE Systems (NYSEAMERICAN:GVP) SVP Daniel Warren Pugh sold 4,400 shares of the business’s stock in a transaction that occurred on Thursday, September 13th. The shares were sold at an average price of $3.75, for a total value of $16,500.00. Following the transaction, the senior vice president now owns 51,613 shares of the company’s stock, valued at approximately $193,548.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Top 10 Casino Stocks To Buy Right Now: Hill-Rom Holdings Inc(HRC)
Advisors' Opinion:- [By Logan Wallace]
Hill-Rom (NYSE: HRC) and CAS Medical Systems (NASDAQ:CASM) are both medical companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, analyst recommendations, risk, valuation, institutional ownership, profitability and dividends.
- [By Shane Hupp]
Hill-Rom Holdings, Inc. (NYSE:HRC) reached a new 52-week high on Tuesday . The stock traded as high as $94.72 and last traded at $94.23, with a volume of 536165 shares trading hands. The stock had previously closed at $91.38.
- [By Max Byerly]
Get a free copy of the Zacks research report on Hill-Rom (HRC)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Get a free copy of the Zacks research report on Hill-Rom (HRC)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Hill-Rom (HRC)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Casino Stocks To Buy Right Now: Oshkosh Corporation(OSK)
Advisors' Opinion:- [By Stephan Byrd]
Oshkosh Corp (NYSE:OSK) has been given a consensus rating of “Hold” by the seventeen analysts that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $89.87.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Oshkosh (OSK)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lou Whiteman]
Shares of Oshkosh Corp. (NYSE:OSK) jumped 22.4% in January, according to data provided by S&P Global Market Intelligence, after a strong earnings report and guidance that analysts say could prove to be conservative. It was a nice turnaround for a stock that has been an underperformer for most of the last year.
- [By Max Byerly]
Get a free copy of the Zacks research report on Oshkosh (OSK)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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