Motley Fool: Bob Iger is back, and Disney says it will be profitable in 2024

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Motley Fool: Bob Iger is back, and Disney says it will be profitable in 2024
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Bob Iger is back: The executive who helped build Walt Disney into the entertainment titan it is today recently returned to his post as CEO. Iger oversaw...

Plus: This list will help you decide whether it’s time to sell stocks and this week’s trivia question.

However, Disney’s streaming business is not yet profitable. The direct-to-consumer division that includes Disney+ generated an operating loss of nearly $1.5 billion in its most recent quarter, as the company spent heavily to strengthen its already impressive content library. Management expects Disney+ to achieve profitability in fiscal 2024, thanks in part to recent price hikes and a new ad-supported plan.

Depending on your risk tolerance, it can be worth paying a little in interest while aiming to earn more through stock appreciation. Just make sure you’re investing for the long haul.They’re often heads of hedge funds or private equity companies who buy many shares of a company’s stock in order to influence or pressure management. They sometimes even get onto its board of directors.

-- If you expect to need that money within five years. If you need it liquid, it will be safer in something less volatile than the stock market, such as a certificate of deposit or a money market account.-- If you hold so many stocks that you can’t keep up with them. Selling those you don’t have great confidence in can be smart.

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