Investing News

In estate planning, Canadians don’t have to contend with an estate tax the way U.S. citizens do. However, what many people don’t realize is that a “deemed disposition tax” applies when you pass away. In this article, we’ll provide tips on minimizing your estate’s exposure to this tax and structuring your estate plan to ensure
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Accrued Expense vs. Accrued Interest: An Overview An accrual is something that has occurred but has not yet been paid for. This can include work or services that have been completed but not yet paid for, which leads to an accrued expense. Then there is interest that has been charged or accrued, but not yet
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You should start saving for a house as soon as the desire to buy one crosses your mind. Most people know that a home is probably the largest single purchase they’ll ever make. But many first-time buyers underestimate the amount of cash they will need to purchase their dream home. Key Takeaways Homebuyers can expect
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Economics is the science that studies how societies produce goods and services and how they consume them. Economic theory has influenced global finance at many important junctures throughout history and is an integral factor in our everyday lives. However, the assumptions that guide the study of economics have changed dramatically throughout history. Here is a brief look at the
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A house. A vacation. A thousand dollars a day for life. Who wouldn’t want to win a huge prize or the lottery? Actually, a lot of people—once they realize these jackpots aren’t free, because most prize winnings are taxed as income by the Internal Revenue Service (IRS). Taxes and the ongoing costs of ownership can
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Return on investment (ROI) is the key measure of the profit derived from any investment. It is a ratio that compares the gain or loss from an investment relative to its cost. It is useful in evaluating the current or potential return on an investment, whether you are evaluating your stock portfolio’s performance, considering a
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What Is NEO? NEO is a blockchain developed to fully digitize assets and identities through smart contracts for the overarching goal of achieving a smart economy. In the theory behind a smart economy, digital assets and digital identities are seen as being essential to improving the quality of life for everyone. NEO aims to automate digital
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Behavioral research studies indicate a relationship with money and the amount of assets individual investors choose to allocate to a financial advisor may be more strongly influenced by emotions and beliefs than advisors realize.  Investopedia explored this topic during an online summit for financial advisors on July 26, 2022. Investopedia’s Editor-in-Chief Caleb Silver was joined
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Lately, Russia has been saber-rattling and building up its military presence on its border with Ukraine, a sign that Putin may soon invade–and drawing the U.S. and NATO into war. There is also the ongoing possibility of an armed conflict between the U.S., its allies, and Iran. So far the U.S. has spent an estimated $6.4
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The Securities and Exchange Commission (SEC) is reportedly investigating crypto exchange Coinbase (NASDAQ: COIN) over allegations that it allowed U.S. persons to trade unregistered securities. As a result, Coinbase’s shares were down 21% on July 26 and have fallen more than 80% since the IPO one year ago. Key Takeaways Coinbase stock was down 21% on
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Should you have more than one credit card? If you’ve ever spent your way into a massive pile of credit card debt, you probably know the answer: No! It’s certainly true that taking out multiple credit cards can make your debt repayments unsustainable. However, there is no simple answer as to how many credit cards
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Most qualified plans—such as a 401(k) or 403(b) plan—offer employees the ability to borrow from their own retirement assets and repay that amount with interest to their own retirement account. While most of us would rather not take money from our retirement plans until after we retire, we are sometimes left with no alternative. If
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