Looking back, it is amazing how quickly people seemed to accept the idea that use of marijuana-derived substances couldn’t have any negative consequences for their health. Now that the Food and Drug Administration warned consumers that cannabidiol (CBD) “has the potential to harm you,” investors are having to rethink the prospects for cannabis companies.
The FDA sent warnings to 15 companies “for illegally selling various products containing cannabidiol.”
Cannabis stocks have had quite a rough time this year, with a 29% decline for the ETFMG Alternative Harvest ETF MJ, -0.41% following a 22% decline in 2018.
This chart shows the ETF’s performance since the end of 2017:
FactSet ‘You’re not entitled to his estate.’
Quentin Fottrell offers advice to a reader whose mother left her entire estate to her stepfather and now wants to make sure to get what she sees as her share.
When to take Social Security
Catey Hill helps a man who earns eight times as much as his wife and who has questions about the timing of her Social Security retirement benefits.
A momentum stock strategy
December is the best month in which to bet that the stock-market’s winners will keep on winning. Here are a baker’s dozen of S&P 500 stocks SPX, -0.25% that have some of the best 2019 returns and are recommended by at least one top-performing newsletter.
Related: 4 reasons why this bull market in stocks will keep going in 2020
How three specialists decided where to spend their retirement
For one gerontologist, it was: Do as I say, not as I do.
This is not a good reason to buy stocks
The fear of missing out causes many investors to overpay during bull markets.
This part of your retirement plan may backfire
Three reasons why you shouldn’t count on a home sale to fund your retirement nest egg.
A frightening parallel
The dramatic financial events of recent years follow a pattern similar to what led into “the Long Depression” of 1873-1896.
Financial advice for couples getting divorced
Mitch Tuchman points to the quick amicable divorce of Amazon.com AMZN, -0.72% CEO Jeff Bezos and his wife MacKenzie Bezos when advising couples who are splitting up how to move forward with their financial lives.
Read this if you get irritated over how much celebrities and CEOs earn
These people make so much more money.