Before the rise of cryptocurrency, the only way to purchase items was through cash, or cash equivalents, such as debit cards and credit cards. However, over the past couple of years, the rise in popularity of different cryptos has caused them to become slowly integrated into our daily lives.
by Matin VarshochiProviding financial stability for their children is typically the main priority for parents; especially, as children start approaching a certain age where they can fully understand how to utilize their assets and funds best. However, choosing what type of account would best benefit your child’s future can be challenging.
by Matin VarshochiA Uniform Gifts to Minors Act (UGMA) is an investment account for minors, allowing adults to give or transfer assets into the underage person’s account to help them save for college or be financially independent.
by Matin VarshochiOver the past couple of years, the hype around cryptocurrency has increased rapidly. Cryptocurrency is being viewed as the future of finance with the potential of revolutionizing the world’s daily operations.
by Nailah HerbertThe COVID-19 pandemic caused the economic growth of the United States (U.S.) to come to a halt. As a result, many Americans relied on the COVID-19 relief packages the U.S. government provided.
by Matin VarshochiThere are numerous ways to invest your money to grow your wealth, such as through the stock market, index fund, or real estate investing. Trading stock options is more advanced than buying and holding or day trading stocks.
by Matin VarshochiMany factors to consider when thinking about the right long-term decisions needed to build wealth. Thoroughly researching potential investments will help you make the best long-term investment moves when building your portfolio.
by Matin VarshochiIt can be difficult to shop for an entrepreneur, but remember that the thing entrepreneurs care about most is their business. So giving a gift that helps their business will be very appreciated. Here are some ideas.
by Shaun MorganA company’s balance sheet provides a snapshot of the company’s financial position. A company’s income statement shows the company’s gains and losses. A company’s cash flow statement shows how much cash is coming in and out of the business.
by Matin VarshochiThe Bureau of Labor Statistics recently reported that the inflation rate for the past year had surpassed six percent. Protect yourself from inflation by investing your money through these methods.
by Viviana VazquezDifferent levels of investing are being unlocked as people scroll through social media. Retail Investing isn't the only way for investor to see wealth when it comes to the stock market - let's discuss the new normal for investors.
by Nadia C. VanderhallSaving for retirement is essential for living a comfortable life after working for many years. Depending on the line of work, different types of Individual Retirement Accounts (IRAs) are available to help a person maximize their retirement savings.
by Matin VarshochiBitcoin’s price surged to an all-time high of $66,974 on Wednesday, October 20, 2021. Many speculate the price increase was due to Bitcoin’s futures ETF, BITO, debuting on the New York Stock Exchange.
by Viviana VazquezStatistics show that 78% of retired National Football League (NFL) players go broke within two years of retiring, and 60% of former National Basketball Association (NBA) players go broke five years after retiring.
by Matin Varshochi