A contract for difference (CFD) is a contract between a buyer and a seller that stipulates that the buyer must pay the seller the difference between the current value of an asset and its value at contract time. CFDs allow traders and investors an opportunity to profit from price movement without owning the underlying assets. The value of
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In June 2016, British citizens voted in a referendum to leave the EU; this separation of the U.K. from the EU is called “Brexit.” On January 31, 2020, the U.K. officially left the EU but agreed to continue participating in the EU common market during a transition period, which lasts through December 31, 2020. The
On December 24, 2020, the U.K. and the EU struck a provisional free-trade agreement that ensures the two sides can trade goods without tariffs or quotas. However, key details of the future relationship remain uncertain, such as trade in services. The deal still needs to be approved by the U.K. and EU parliaments, but the
Microsoft Corporation (MSFT) has joined a group of leading technology companies that have filed an amicus brief with the United States Ninth Circuit Court of Appeals in support of a lawsuit by Facebook, Inc. (FB) subsidiary WhatsApp Inc. against spyware vendor NSO Group Technologies Limited. Facebook-owned messaging service WhatsApp sued NSO Group in 2019, alleging
Treasury inflation-protected securities (TIPS) are popular with bondholders, particularly when the economy isn’t performing well. For many investors, TIPS seem like an obvious choice when there is above-average uncertainty about inflation and market returns. Unfortunately, TIPS do not always live up to their billing, primarily because most people don’t understand this investment as well as
Do you know your insurance score? Most people don’t even realize they have one until they receive an adverse action notice in the mail notifying them that, based on their insurance score, they don’t qualify for the lowest pricing available from their insurance provider. To help you decipher what all this means, we’ll go over what the insurance
Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Liesa Johannssen-Koppitz | Bloomberg | Getty Images Tesla‘s S&P 500 inclusion will be officially completed at the open of trading Monday. The electric car maker will have a
Key Takeaways If you’ve sold your investments due to market ups and downs, reinvesting can help get your plan back on track. Staying disciplined with your saving and investing is key to helping account balances recover and achieving long-term goals. A financial plan is helpful when everything is booming, but it’s critical in economic downturns.
Supporters listen as Democratic U.S. Senate candidate Jon Ossoff speaks at a news conference in Grant Park after the election in Atlanta, Georgia, U.S. November 6, 2020. Dustin Chambers | Reuters Wall Street and Washington are operating, these days, on the assumption that Republicans will retain control of the Senate after at least one Republican
We hate to drag out that old, on-the-fence phrase, “it depends.” But it does. Your 401(k) plan‘s rate of return is directly correlated to the investment portfolio you create with your contributions, as well as the current market environment. That being said, although each 401(k) plan is different, contributions accumulated within your plan, which are diversified
Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images As the year comes to a close, Wall Street is watching for a possible Santa Claus Rally. Historically, stocks tend to rise during
Have you ever wondered what happened to your socks when you put them into the dryer and then never saw them again? It’s an unexplained mystery that may never have an answer. Many people feel the same way when they suddenly find that their brokerage account balance has taken a nosedive. Where did that money
A woman looks at Marcus, a new savings and loans app recently launched by Goldman Sachs in New York, January 10, 2020. Mike Segar | Reuters Goldman Sachs has, for decades, set its sights on the global elite when it comes to wealth management. Now, it’s opening up to everyone else. The bank has begun
Bitcoin whales are making a comeback. One River Asset Management, a hedge fund specializing in volatility bets, has amassed substantial holdings and commitments, worth about $1 billion by 2021, in Bitcoin (BTCUSD) and Ether (ETHUSD), according to a report by Bloomberg. Eric Peters, the firm’s founder, told the publication that he intends to set up
The Fearless Girl sculpture wearing a mask stands next to a large Christmas Tree lit up displayed in front of the New York Stock Exchange on December 06, 2020 in New York City. Alexi Rosenfeld | Getty Images It’s not often that celebrity home-buying sprees give me insights into the stock market. However, when I
Congress Approved, late Monday, December 21, a 5,593 page $2.3 trillion funding package consisting of a $900 billion end-of-the-year coronavirus stimulus bill attached to a $1.4 trillion omnibus spending bill to fund the government through Sep. 30, 2021. It now heads to the desk of President Trump for his signature. The stimulus legislation includes $300
The four RS-25 engines slated to fly on the maiden flight of NASA’s SLS rocket, at the company’s facility at NASA’s Stennis Space Center. Aerojet Rocketdyne Lockheed Martin intends to buy Aerojet Rocketdyne at a $4.6 billion equity value, a deal that adds rocket engine and spacecraft propulsion assets to the defense contractor as it
No one wants to think about their own mortality, but purchasing life insurance can provide your loved ones with essential protection. If you pass away, your life insurance policy can cover your funeral and burial expenses, replace lost wages, and even pay off your existing mortgage. We know that ensuring your family has access to
CNBC’s Jim Cramer said Monday that investors should not overreact to the new strain of Covid-19 in the United Kingdom, criticizing that country’s response to the pandemic and pointing to positive news about U.S. companies as a reason for optimism. “I am not willing to give up on this market because of a 70% number
What Is Offset Risk? All portfolios contain risk. Risk can benefit our portfolios greatly, and just as quickly it can be responsible for the majority of our losses. But, by using derivatives and certain investment vehicles, such as hedge funds, we can offset some of that risk and prevent losses in certain situations, while still