In the first quarter of 2020, when the COVID-19 pandemic first began, household wealth declined. However, since then, it has continued to rise, until now. A new recent report released by the Federal Reserve looked at the wealth of households and highlighted key financial data regarding where money is rising and falling.
by Matin VarshochiCollege is a time of greater freedom and personal growth. It’s also an ideal time to learn and put in place personal finance habits that can last a lifetime.
by Pam HillOver the past couple of weeks, investor confidence has been dropping in both the crypto and stock markets. Moreover, with the current economic climate, many investors have begun offloading most of their investments as there are rising concerns about a potential recession, leading to a crypto bear market.
by Matin VarshochiOn June 10, 2022, Tesla announced their board of directors had accepted a proposal for a three-to-one stock split. If the majority of the shareholders vote in favor of the stock split, it will then be initiated and executed.
by Matin VarshochiThe Black homeownership gap has increased by more than 30% since the height of the pandemic. That is higher than it was 60 years ago when racial discrimination in housing was legal.
by Sha'Kreshia TerrellOne of the biggest purchases a person can make is buying a home. Buying a new home is typically an excellent long-term investment; once the mortgage is paid off, you are left with a high-value asset under your name.
by Matin VarshochiCurrently, due to various domestic and international events going on right now, the United States (U.S.) economy is performing poorly. From high gas prices to even higher inflation rates, some people are speculating the worst.
by Nailah HerbertThe Social Security Act, passed passed 86 years ago, is a key component of retirement income for nearly all individuals. Social security insurance also provides a safety net should a worker become disabled or a family lose their breadwinner.
by Pam HillHaving a day job and becoming a real estate investor isn't an either-or proposition. Dive into this article to learn more on how they can both be done successfully.
by Pam HillOn Wednesday, May 4, 2022, the Federal Reserve Bank announced they will be raising interest rates by a half-point. The rising rates have been at their highest point in more than 20 years, and the increased rates have caused the stock market to go into a frenzy, with the S&P 500 dropping by 3.5% the following day.
by Matin Varshochifter a couple of weeks of going back and forth, Twitter's board of directors has decided to accept Elon Musk's deal to buy Twitter. So on April 25, 2022, Musk's offer to acquire Twitter for $54.20 a share, or roughly $44 billion, was accepted.
by Sheena Allen