On 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 VarshochiAfter nearly 20 years of ownership, Chelsea owner and Russian Oligarch Roman Abramovich has announced that he will be selling the club. Abramovich bought Chelsea back in 2003 and, since then, has seen his team blossom into a global powerhouse.
by Matin VarshochiIn an attempt to own the social media company, Elon Musk's offer to buy Twitter is around 43 billion dollars. However, the Twitter board has unanimously agreed to adopt a measure called poison pill.
by Sheena AllenNew businesses must balance the twin pressures of large outflows of cash against limited inflows. Developing a financial management plan and closely monitoring cash flow are among several business moves that can position a new entrepreneur for success.
by Pam HillTeaching children financial literacy at an early age requires being a little creative, and very intentional. Here are eight tips to teach financial literacy to children.
by Shaun MorganInflation has increased significantly since May 2021, due largely to supply chain disruptions from COVID19 and Russia’s invasion in Ukraine. The investments that perform well under inflation and retain all or most of their value can bring in more cash
by Pam HillOn March 9, 2022, Amazon approved a 20-for-1 stock split. The split means that each shareholder, by the end of May 27, 2022, will receive 19 additional shares when the transaction occurs.
by Sheena AllenExamining the pros and cons of real estate, stocks and bonds will provide you with the tools to evaluate which investment strategy works best for you and how to begin, no mater your investment budget size.
by Pam HillThe historical event being reviewed is the Dotcom Bubble, which plummeted tech stocks of various companies, some of which are still around today. Between 1995 and 2000, the NASDAQ Composite Index, which tracks most of the stocks traded on its stock exchange, rose by 582%.
by Sheena AllenOverseas events such as the invasion of Ukraine often reach beyond their borders, impacting global financial markets, energy prices, and mortgage rates.
by Pam HillThe Internal Revenue Service (IRS) has decided to begin taxing cryptocurrency profits as many did not report having crypto assets, leading to them understating their income and the amount of taxes paid.
by Viviana VazquezThree insider tips for finding real estate investment properties in the red-hot real estate market of 2022
by Pam HillJulien and Kiersten Saunders are the founders of rich & REGULAR, a blog dedicated to those who want to live financially free. Julien and Kiersten are full-time entrepreneurs, former real estate investors, and authors.
by Nailah HerbertBefore 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 VarshochiFractional shares can be the foundation for investors, new or true, to build their positioning when it comes to investing! From investment apps to brokerage firms, fractional shares helped take stock market investing from affluent to affordable.
by Nadia C. Vanderhall