Investing News

Every generation has had its share of successful young entrepreneurs, from agriculturalist Eliza Lucas Pinckney (1800s) to Apple founder Steve Jobs (1900s). Now, it’s the turn of Generation Z, born 1997 to 2012—who range in age from 10 to 25—to make their own income in innovative ways. For many of these bright stars, that means

Buy now, pay later is an increasingly popular way for consumers to shop online or in stores. According to one survey, 39% of consumers have used these short-term, point-of-sale installment loans at some point. Klarna is one of several online platforms that provide this type of financing. Founded in Sweden in 2005, the company now

A company’s dividend payout ratio gives investors an idea of how much money it returns to its shareholders compared to how much it keeps on hand to reinvest in growth, pay off debt, or add to cash reserves. This ratio is easily calculated using the figures found at the bottom of a company’s income statement. It differs from the

Selling a rental property for a huge profit can be a dream come true. Still, to maximize the profit from such a sale, you need to minimize the taxes on it. An installment sale is one strategy. Don’t worry: This is Internal Revenue Service (IRS) approved. Key Takeaways The IRS allows taxpayers to defer a

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Robinhood shares jumped 26% on Friday, a day after the CEO of a major crypto exchange took a

On Wednesday, May 11, the Consumer Financial Protection Bureau (CFPB), a federal watchdog agency responsible for consumer protection in the financial services industry, finalized an enforcement action against debt-relief payment processors RAM Payment and Account Management Systems (AMS) as well as AMS’s co-founders, Gregory Winters and Stephen Chaya. The respondents have been accused of illegally

Rafael Henrique | LightRocket | Getty Images MicroStrategy, the enterprise software maker that’s bet big on bitcoin over the past two years, is now underwater on its holdings of the world’s largest cryptocurrency due to the market tumble. Bitcoin traded around $28,000 apiece on Thursday morning, recovering somewhat from earlier losses that brought the digital

A few years ago, the American Association of Individual Investors (AAII) conducted a study to see how trusted financial advisors were. When asked how much people trust the financial services industry to act in the best interest of its clients, over 1,900 respondents answered as follows (not adjusted for rounding errors): 17% of respondents trust

In this article CVNA A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of online used car retailer Carvana surged Thursday amid a wild trading session in which several heavily-shorted stocks popped. The stock was up about 23% around 11:50 a.m. ET. Trading was halted

Internal Revenue Service (IRS) Tax Form 8606, Nondeductible IRAs, has become increasingly important thanks to the popularity of Roth individual retirement accounts (Roth IRAs) and the rollover eligibility of after-tax assets from qualified plans offered by employers, such as a 401(k) or a 403(b). Basically, you must file Form 8606 for every year when you

In this article 2330-TW ADBE TWTR NVDA AMD Retail investors have continued to buy the dip in the recent market turmoil, even liking tech despite the sector rout, according to brokerage TD Ameritrade’s AJ Kahling. “Our indicators, TD Ameritrade [Investor Movement Index], just came out this morning indicating indeed that the retail traders are continuing

Winning new business can be hard enough for financial advisors. The landscape is tough and prospective clients have a lot of options in terms of seeking financial advice. The rise of online financial advisors (a.k.a roboadvisors) adds even another dimension to this equation. Keeping new clients happy and engaged is a challenge for financial advisors

In this article GBTC Michael Sonnenshein, CEO, Grayscale Investments at the NYSE, April 18, 2022. Source: NYSE Grayscale, the asset manager running the world’s largest bitcoin fund, met privately with the Securities and Exchange Commission last week in an effort to persuade the regulator to approve the conversion of its flagship fund into an ETF,

What Determines Bitcoin’s Price? Bitcoin (BTCUSD) is a cryptocurrency developed in 2009 by Satoshi Nakamoto, the name given to the unknown creator (or creators) of this virtual currency. Transactions are recorded in a blockchain, which shows the transaction history for each unit and proves ownership. Unlike investing in traditional currencies, Bitcoin is not issued by

For investors, Bitcoin (BTC) may be the most surprising asset class in recent times. Even as it displays schizophrenic and volatile price swings, the cryptocurrency has also emerged as the best-performing asset in the last decade. It has, at various times, outperformed the S&P 500 and diminished gold’s luster as a store of value. Because

In this article SOFI Pedestrians walk by the SoFi Technologies headquarters on February 22, 2022 in San Francisco, California. Justin Sullivan | Getty Images Shares of SoFi fell sharply on Tuesday and were halted after the company accidentally released its first-quarter results early. The company said the report, which was scheduled for after market close

Prior to the Tax Cuts and Jobs Act of 2017, homeowners could claim a plethora of extra tax deductions. But these are no longer an option. After the act’s passage it’s more complicated to get a deduction when you borrow against your home’s equity, but still possible if you meet certain criteria. Key Takeaways Interest

Fidelity Investments is one of the biggest and best-known asset management companies in the world. Launched in 1946, the company holds almost $4.5 trillion in assets under management (AUM) as of 2022, and offers mutual funds and exchange-traded funds (ETFs); it provides investment advice and manages qualified retirement plans. Key Takeaways Fidelity Investments is one

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, May 9, 2022. Brendan McDermid | Reuters Goldman Sachs is scaling back its business in the once red-hot SPACs as blank-check deals got caught in a double whammy of regulatory crackdown and tough market environment. “We are reducing our involvement

As cryptocurrency’s transformation from speculative investment to a balanced portfolio stablemate continues to gather pace, governments around the world remain divided on how to regulate the emerging asset class. Below, we break down the current digital currency regulatory landscape by country. Key Takeaways As cryptocurrency has become a more significant factor in the global investment