Weekend reads: Hot IPOs for DoorDash and Airbnb point to an overheated stock market

Shares of DoorDash Inc. DASH and Airbnb Inc. ABNB shot straight up after the companies’ initial public offerings this week. That sort of exuberance can be a sign that a bull market is in a late stage.

Mark Hulbert interviews Jay Ritter, a finance professor at the University of Florida who has researched the IPO market for decades and has a dire warning for investors.

Investing wisdom and what stocks to buy now

Alexanderr Ely, who manages the highly rated Delaware Smid Cap Growth Fund DFCIX, +2.15%, shares words of wisdom for investors and what stocks investors should own now.

It’s cold — consider a beach town

The holidays are almost here. It’s cold. A winter cruise is out of the question. But you can think about how lovely it would be to live by the beach.

Silvia Ascarelli continues her series about retirement relocations by helping a reader who wishes to move to a warm climate near a beach, with a housing budget of $350,000.

Try the MarketWatch “where should I retire” tool for your own customized search.

Three years into early retirement — lessons learned

Chris Mamula writes about retirement and wishful thinking. If you are waiting to do something until you retire, it is better to do it now. This means it’s possible to make real changes and even improve relationships if you put in the work.

Bill Gates and his book picks from 2020.

Courtesy Gates Notes

Book recommendations from Bill Gates

Every year around the holidays, Microsoft co-founder Bill Gates recommends a list of books. Silvia Ascarelli takes a closer look several of this year’s picks, with an emphasis on thinking outside your own narrow field of specialization.

The Moneyist tackles an inheritance squabble

Quentin Fottrell — MarketWatch’s Moneyist — helps a reader who is in a complicated emotional and legal situation: Her father died, leaving her sole heir, with good reason. Her brothers now want some of the inheritance, and she’s not sure what to do.

Brett Arends/MarketWatch
Brett Arends and the robot dog

Dog lover Brett Arends has a twist on a pandemic puppy: he’s been living with Sony’s Aibo Robot Dog for quite some time. What he learned may be very useful in your own family.

Screening for the best bank stocks

Here’s a list of 25 bank stocks with dividend yields of at least 3.5%, that haven’t cut their payouts this year and even were able to earn enough to cover the dividends during the first half of 2020.

Time to rethink the 60% stocks/40% bonds portfolio recommendation?

Sonny Oh looks at the performance of balanced funds and considers income alternatives to bonds.

MarketWatch photo illustration/iStockphoto
Timing the Social Security decision

As part of her Help Me Retire series, Alessandra Malito answers questions from an unemployed 62-year-old woman about whether she should take Social Security now or later.

Who might be first in line for COVID shots?

It’s obvious that the elderly and people in nursing homes or hospitals are obvious priorities for the new COVID-19 vaccine developed by BioNTech SE BNTX, -2.40% and Pfizer Inc. PFE, -1.38%. With FDA approval expected as soon as today, shots may be administered as soon as Monday. But which industries might receive priority treatment? The answer may surprise you.

Also: Children probably won’t get a COVID-19 vaccine before the next school year — here’s why

An item for Joe Biden’s environmental program

President-elect Joe Biden has made it clear that climate change and other environmental concerns will be priorities for his administration. Eric Pan, the new head of the trade group representing America’s money managers, wants the Biden administration to push companies for better disclosure.

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