Typical profits for investors flipping homes have hit a 13-year low. But the DC region ranks high for return on investment compared to other areas.

Typical profits for investors buying a home, renovating it, and reselling a home — or flipping it — have hit a 13-year low. But the DC region ranks high for return on investment.

Real estate data firm Attom Data Solutions reports 7.5% of homes purchased in the third quarter nationwide were flips, or one in 13 transactions. That was down 8.2% from the second quarter, though still 5.9% more than the third quarter of 2021. Notably, despite the recent decline in flips, the rate during the third quarter was the third-highest in the past decade.

The DC metro area ranked fourth for gross profits on a median-priced home flip last quarter, at $140,000. Baltimore ranked just behind DC, at $135,000. Salisbury, Maryland, topped the list,

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Wells Fargo is predicting big things for Disney’s (DIS) sports network ESPN in 2023.

In a new note published on Tuesday, Wells Fargo analyst Steve Cahall outlined the firm’s top predictions for the media business in 2023, and made a big call about the future of ESPN under Bob Iger’s leadership at Disney.

“DIS will begin the spin-off process for ESPN & ABC including launching ESPN in streaming a la carte,” Cahall wrote. “Cost rationalization and balance sheet options are critical to reaching this outcome. The result is a better-off remaining DIS.”

Whether or not Disney should consider spinning off the popular sports network has been a perpetual talking point at among investors for years, and picked up steam this year after Third Point’s Dan Loeb sent a letter to the company urging an ESPN spin-off.

Loeb argued that ESPN would have greater flexibility to pursue business initiatives, such as

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Do you have $30,000 burning a hole in your pocket? You’ll be rewarded if you can invest it for the long haul. As this compound interest calculator demonstrates, investing $30,000 at a return of 8% for 20 years will leave you with $138,828. If you can secure a return of 10% over that time, you’ll end the 20 years with $201,825.

But where should you invest your $30,000? There are many options, but your top priority should be choosing an investment that aligns well with your goals and risk tolerance.

With that in mind, I wanted to review some of my top suggestions for investing $30,000 in 2023. Most of these options are passive in nature, and remember that you can spread your initial investment across more than one option if you prefer.

16 Best Ways to Invest $30,000 in 2023

  1. Index Funds 
  2. Invest in ETFs
  3. Invest in Fractional Shares 
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I’m a big fan of the Roth IRA and investors that understand it’s massive tax-free benefits are also.

Recently a reader sent in this question about it:

“I’ve been investing in a Roth IRA for several years thanks to your blog! I initially started in a basic index fund but after doing more research I want to start dabbling in dividend stocks. Since I’ve never bought individual stocks I’m worried I may make some bad picks. What happens if I do… can I lose all the money in my Roth IRA?”


Thanks for your questions Debbie! Before we answer your question, let’s do a quick refresher on the Roth IRA rules.

What is a Roth IRA?

A Roth IRA is a type of individual retirement account (IRA) that allows you to contribute after-tax money and withdraw it tax-free in retirement. It is named after Senator William Roth, who sponsored

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