Latest news with #IVES
Edinburgh Reporter
2 days ago
- Business
- Edinburgh Reporter
What Financial Documents Matter Most When Applying for a Loan?
Denied over one missing document? Yep—it happens almost all the time. Today, whether you're in the U.S. or the U.K., about 1 in 7 loan rejections come down to sloppy or missing paperwork or documents. So, forgetting a tax return, a bank statement, or daily balances will no longer hold water; your application is out. Fast. Image Source: Pexels If you need a sure-deal approval to finance a timely project, then show up armed and ready. Here's what lenders actually want—and what they usually won't forgive you if you slip. Payslips & W‑2s: Your Income Backbone You may have to double-check all your papers even if you think your income's locked. It's today's caveat that even one missing paystub can derail your approval train. In 2025, about 11.1% of U.S. mortgage denials were labeled 'incomplete credit applications'—often due to missing documents like W‑2s or pay stubs. Even if you're eyeing a small business loan for your startup, you may need a two-year period of W‑2s plus your last 30–60 days of pay slips. You need to be meticulous to earn attention, so put them in a folder, label them, and send them fast. No surprises, just clear compliance. Tax Returns & IRS Transcripts: The Underwriter's Truth You might think your deductions paint you broke and unable to compete in the loans market—but transcripts don't lie (all the time). Lenders often want two years of Form 1040 and their schedules, and verify these with IRS transcripts, cutting out fraud and speeding up the underwriting process for your application. It's like you're authorizing the IRS automatically through IVES or ordering transcripts yourself so your lenders may see you have the character and capability to pay. If you're given an extension to comply with your lacking papers, you have to flag, set reminders, or do everything to help you comply on time and not get ditched. Just make sure you don't bury it down memory lane. Bank Statements: Self‑Employed's Secret Weapon If your income jumps in and out of your coffers, whether you're a work-from-home freelancer or an online retailer, traditional W‑2s won't cut it. That's where you only need deposit and loan certifications, for windows like bank statement loans for self-employed earners come in. These self employed mortgages rely on alternative documentation to verify income. Most lenders now accept 12–24 months of bank statements, analyzing deposits to calculate your monthly income, even when tax returns dip due to many deductions. Often, these creditors count 50–80% of your deposits as income, switching the spotlight from 'reported' to your actual cash flows. It's perfect for freelancers and indie business owners like you. Just keep personal and business accounts cleanly segregated in your books, then highlight steady deposits and explain any weird spikes as they happen. Profit & Loss (P&Ls): Professionalism in Print Your profit and loss statement tells lenders you're more than a 'gig-worker'—that you're a legit firm. It breaks down revenue, costs, and net profit—one line at a time. When matched with bank statements, it shows you're organized and serious about how you do business. Here, you may need an accountant to prepare a clean P&L statement so financiers take you seriously and favorably. Credit, Assets & DTI: Your Safety Net Even with your perfect income docs, this trio can still trip you up, such as: Credit Most of today's creditors want 620+; FHA (Federal Housing Administration) accepts down to a 580 credit score. Assets You need to show your savings, investments—or 401(k)—especially for down payment and reserves so they'll know you have 'treasures' to back you up. DTI ratio Aim for a debt-to-equity ratio of less than 43%, even though some lenders stretch, you're cognizable with a very viable portfolio. Also, incomplete data can push your denial into the 15–20% range ─ inside mortgage finance reported incomplete app data was cited in 19.9% of refinancing denials in 2024. Underwriting Red Flags: The Stats to Mind Here's what's tanking loans in most instances: Missing docs – 11.1% denials Unverifiable info – 4.29% DTI, Credit history, Collateral issues – top HMDA causes at ~21% each Employment changes & big purchases mid-cycle – giant red flags But, with the right docs, you dodge at least 15–20% of common denial triggers along the loan application lanes. Why This Matters Right Now: Trending in 2025 In 2024, incomplete loan application data rose to about 19.9%, and refinance denials—nearly 1 in 5 applicants. With millions of Americans going independent, bank statement loans are no longer a probable niche, they're essential to approval. Bottom Line You're not just an applicant waiting to see whether or not your papers get approved, you're making your case attended to. You need to show lenders you understand their risk, speak their language, and respect their process through efficient and timely documents. Because in today's fast lane, missing one document isn't a small oops, it's a full stop and can get all your efforts flagged. So, if you want fast approval, then act like it; be prepped, prolific, and polished, your paper is your presence in the eyes of your lender. Like this: Like Related
Yahoo
24-06-2025
- Business
- Yahoo
The Best Artificial Intelligence ETF to Invest $100 In Right Now
This fund offers you exposure to 30 stocks across the AI spending cycle. It's based on the research of one of today's top tech analysts. 10 stocks we like better than Wedbush Series Trust - Dan Ives Wedbush Ai Revolution ETF › Artificial intelligence (AI) stocks have skyrocketed over the past couple of years as it became more evident that this top technology could revolutionize everything from how a warehouse operates to how scientists discover drugs. The market is set to reach into the trillions of dollars a few years from now, and certain AI companies already have started to reap the rewards -- those selling AI tools and those applying AI to become more efficient or reach new goals. For example, chip designer Nvidia's revenue has soared in the double digits quarter after quarter, and e-commerce and cloud company Amazon has generated billions in revenue thanks to its AI investments. You may want to get in on this exciting AI story, but it's very difficult to choose just one or two potential winners. The good news is: You don't have to. If you buy shares of an AI exchange-traded fund, you can invest in the best of the bunch with one simple purchase. And the top one to buy right now with $100 is a recently created ETF -- one that's built around the research of one of today's most highly regarded technology analysts. Let's check it out. Before diving in, though, a quick note about ETFs. They trade daily on the market just like stocks so even if you haven't invested in them before, it's easy to get started. The only big difference between buying a stock and an ETF is these funds come with fees, expressed as expense ratios. If the expense ratio is less than 1%, you're good to go -- fees won't eat into your returns. This particular fund I'm about to discuss has an expense ratio of 0.75%, so it fits our criteria. And one more point about index funds: They allow you to instantly diversify, which is particularly important in an area involving a newish technology. This limits risk because if one stock declines, others are around to compensate. Now, let's turn to this new fund that offers you the opportunity to immediately and easily invest in 30 fantastic AI players. Wedbush launched the Dan Ives Wedbush AI Revolution ETF (NYSEMKT: IVES) early this month, building it around the research of top Wedbush tech analyst, Dan Ives. You may be familiar with Ives as he speaks regularly across traditional and social media about a variety of tech stocks -- including AI players. Ives is bullish on the industry and many of its leaders and has constructed an analysis to identify companies that may gain throughout the AI spending cycle. Wedbush has chosen these players for the ETF. They span areas from the building of infrastructure to the actual application of AI to real-world problems -- allowing investors to benefit from each phase of growth. The fund includes chip designers, cloud service providers, software companies, internet players, and more. AI giants such as Microsoft, Nvidia, and Broadcom hold the three top spots in the Ives fund, with weightings of about 5% or more, so you'll get exposure to the biggest AI names when you invest here. But, importantly, Ives' research offers you access to other companies that may not have been the first on your radar screen, such as ServiceNow -- a cloud platform for automated workflow management -- and Oklo, a nuclear energy company powering data centers. The Ives fund is the best bet right now because it offers you the opportunity to benefit from Dan Ives' extensive research and invest in companies positioned to win in this high-growth industry. And you can easily scoop up a few shares of this fund with $100 since it trades for about $25 right now. Of course, you still could and should look for and invest in individual stocks that are well positioned to win in this AI revolution -- but, to get broad and balanced exposure to the industry, an ETF is a great asset to add to your holdings. And the Ives fund, built on years of research and expertise, is a fantastic one to buy and hold to potentially win from this game-changing growth story. Before you buy stock in Wedbush Series Trust - Dan Ives Wedbush Ai Revolution ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Wedbush Series Trust - Dan Ives Wedbush Ai Revolution ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $664,089!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $881,731!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Adria Cimino has positions in Amazon. The Motley Fool has positions in and recommends Amazon, Microsoft, Nvidia, and ServiceNow. The Motley Fool recommends Broadcom and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. The Best Artificial Intelligence ETF to Invest $100 In Right Now was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
18-06-2025
- Business
- CNBC
This artificial intelligence subcategory is undergoing a 'golden age,' says long-time tech analyst Dan Ives
Wedbush Securities' Dan Ives, who launched an artificial intelligence exchange-traded fund this month, sees software as the subcategory to watch within the space. According to Ives, it's experiencing a "golden age." "Software is going to be driving … a lot of the use cases," the firm's global head of technology research told CNBC's "ETF Edge" this week. "But it's trying to understand: Who within software? Just because they say 'AI' on a conference call doesn't make them an AI player." Ives runs the Dan Ives Wedbush AI Revolution ETF, which trades under the ticker IVES. Ives' goal is to focus on stocks that are transforming the AI landscape. "I believe the market is still massively underestimating what the growth is going to look like for the AI revolution in tech," he said. "For us, it's not just Mag Seven. It's not just those first four or five names... It's trying to identify names that maybe today thematically you don't even consider an AI name." He forecasts Oracle will be "the epicenter of the AI theme over the next six, nine, 12 months in terms of software." As of Tuesday's market close, Oracle shares are up almost 62% over the past two months. It's IVES' fourth-largest holding, according to the firm's website. IVES' other software holdings include Palantir, IBM and Salesforce. They're also winners over the past two months — with Palantir shares soaring more than 47%. Altogether, IVES' holdings cover 30 companies that span multiple industries. They include hyperscalers, cybersecurity, consumer platforms and robotics. According to Ives, the list was compiled from his deep dives into major AI players. "Around the world investors always say, 'How do you play AI? How do you play the theme?'" Ives said. "All of our research can put it in a way investors could play this regardless of where they are and who they are." The fund's top three holdings overall are Microsoft, Nvidia and Broadcom, but it also includes smaller tech names like SoundHound and Innodata. IVES is up almost 3% since its June 4 launch. In an email to CNBC, Ives wrote that the ETF has $183 million in assets under management as of Tuesday's market close. Ives plans to reevaluate the AI 30 every quarter. "There could be a name today that's not on there," he said. "Six months from now, if we find that's a name that's become more and more of an AI play, then we'll put them on there." Ives contends the tech trade is still worth the investment – even for investors who have missed out on the run over the past few years. "If you focus just on valuation, you miss every transformational tech stock of the last 20 years," Ives said.
Yahoo
13-06-2025
- Business
- Yahoo
Famed analysts and investors have been putting their names on ETFs. Here's what it takes for a fund to succeed.
ETF launches continue to surge, with some popular market voices putting their names on funds. Starting an ETF involves significant expenses, including SEC filing and listing fees. Funds need strong performance and substantial assets under management to remain viable. A string of widely followed strategists, economists, and investors have launched exchange-traded funds in recent years. There's famed NYU professor Nouriel Roubini — known colloquially as "Dr. Doom" — and his Atlas America Fund (USAF). Then there's Dan Ives — the tech and AI permabull who can often be found on CNBC wearing fluorescent blazers — who has parlayed his bold analyst calls into the Wedbush AI Revolution ETF (IVES). And let's not forget Fundstrat's Tom Lee — former chief equity strategist at JPMorgan — and his Granny Shots US Large Cap ETF (GRNY). They've stepped into a crowded market with thousands of funds competing for investors' money. A record 723 ETFs came to market in 2024 alone. And they're using their own high-profile personal brands to stand out in a crowded marketplace. But starting a fund is an entirely different beast than keeping one afloat for any sustained amount of time. Yes, strong performance is crucial. But running a fund is expensive, and it takes much more than good returns to ensure success. To start, the cost to launch a fund is hefty. Firms are looking at a $50,000-to-$100,000 filing fee with the SEC, according to Zachary Evans, analyst for passive strategies at Morningstar. puts that number between $100,000 and $500,000. Depending on the type of fund, there also may be an initial listing fee with NYSE or Nasdaq. But the bills don't stop there. Listing fees with the exchange come due every year. With Nasdaq, for example, it's a $4,000 annual fee. Then there's a long list of costs associated with running the fund itself, Evans said. Paying the staff who execute the trades. Paying compliance and a risk-management team. Paying sales and advertising teams to market the fund. Paying rent for your office space. And so on. It all adds up, and it means funds need to amass significant assets under management. ETF providers make money through the annual fees, or expense ratios, they charge investors. So the more money they manage, the more money they're bringing in. Performance also plays a role here — if a fund's value rises by 20% in a year, the fees it extracts will be 20% higher. "This can vary quite a bit, but a baseline number we've heard is that it should cost around $200,000 a year to run an ETF," Evans told BI. "More complicated strategies will cost more, simpler strategies will cost less, or if it's from a large firm that has economies of scale, it might cost less as well." He added: "Say an ETF charges 50 basis points with annual expenses of $200,000 a year. You need $40 million AUM in order to break even on that product." For some funds, there's also pressure associated with seed money. When an ETF launches, Evans said it might have some investors who promise to keep their capital locked up in the fund for a set period of time — say two or three years. Once that period ends, if the investors pull their money, it can be an existential threat to a fund if they haven't pulled in enough money from elsewhere. "Once that seed money dries up, in order for them to endure, they need to make sure they have enough investor interest, enough assets to sustain them," Evans said. Fund closures are increasingly common. Evans said a little more than 200 closed in 2023 — a record — and just under 200 closed in 2024. "As more companies are launching their products, more companies are closing down their products — the vast majority of which have really failed to catch on with investors," Evans said. "They've failed to generate either the performance or, in effect, the asset level to support these products." Read the original article on Business Insider Sign in to access your portfolio
Yahoo
13-06-2025
- Business
- Yahoo
Famed analysts and investors have been putting their names on ETFs. Here's what it takes for a fund to succeed.
ETF launches continue to surge, with some popular market voices putting their names on funds. Starting an ETF involves significant expenses, including SEC filing and listing fees. Funds need strong performance and substantial assets under management to remain viable. A string of widely followed strategists, economists, and investors have launched exchange-traded funds in recent years. There's famed NYU professor Nouriel Roubini — known colloquially as "Dr. Doom" — and his Atlas America Fund (USAF). Then there's Dan Ives — the tech and AI permabull who can often be found on CNBC wearing fluorescent blazers — who has parlayed his bold analyst calls into the Wedbush AI Revolution ETF (IVES). And let's not forget Fundstrat's Tom Lee — former chief equity strategist at JPMorgan — and his Granny Shots US Large Cap ETF (GRNY). They've stepped into a crowded market with thousands of funds competing for investors' money. A record 723 ETFs came to market in 2024 alone. And they're using their own high-profile personal brands to stand out in a crowded marketplace. But starting a fund is an entirely different beast than keeping one afloat for any sustained amount of time. Yes, strong performance is crucial. But running a fund is expensive, and it takes much more than good returns to ensure success. To start, the cost to launch a fund is hefty. Firms are looking at a $50,000-to-$100,000 filing fee with the SEC, according to Zachary Evans, analyst for passive strategies at Morningstar. puts that number between $100,000 and $500,000. Depending on the type of fund, there also may be an initial listing fee with NYSE or Nasdaq. But the bills don't stop there. Listing fees with the exchange come due every year. With Nasdaq, for example, it's a $4,000 annual fee. Then there's a long list of costs associated with running the fund itself, Evans said. Paying the staff who execute the trades. Paying compliance and a risk-management team. Paying sales and advertising teams to market the fund. Paying rent for your office space. And so on. It all adds up, and it means funds need to amass significant assets under management. ETF providers make money through the annual fees, or expense ratios, they charge investors. So the more money they manage, the more money they're bringing in. Performance also plays a role here — if a fund's value rises by 20% in a year, the fees it extracts will be 20% higher. "This can vary quite a bit, but a baseline number we've heard is that it should cost around $200,000 a year to run an ETF," Evans told BI. "More complicated strategies will cost more, simpler strategies will cost less, or if it's from a large firm that has economies of scale, it might cost less as well." He added: "Say an ETF charges 50 basis points with annual expenses of $200,000 a year. You need $40 million AUM in order to break even on that product." For some funds, there's also pressure associated with seed money. When an ETF launches, Evans said it might have some investors who promise to keep their capital locked up in the fund for a set period of time — say two or three years. Once that period ends, if the investors pull their money, it can be an existential threat to a fund if they haven't pulled in enough money from elsewhere. "Once that seed money dries up, in order for them to endure, they need to make sure they have enough investor interest, enough assets to sustain them," Evans said. Fund closures are increasingly common. Evans said a little more than 200 closed in 2023 — a record — and just under 200 closed in 2024. "As more companies are launching their products, more companies are closing down their products — the vast majority of which have really failed to catch on with investors," Evans said. "They've failed to generate either the performance or, in effect, the asset level to support these products." Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
