The daily barrage of bad news from the stock market can trigger panic and anxiety among investors. It can also lead to radical decisions affecting the most seasoned investors. Although panic is not a strategy, it’s essential to remain calm when the markets get volatile. Several methods can help investors manage their positions during this period. Stick to Your… Read more →
Category: The Global Economy
Roth Versus Traditional IRAs
An IRA is one of the most common types of retirement savings accounts. You’ll need to choose between a traditional or Roth IRA. Making the Choice The main difference between a traditional and a Roth IRA is how you can get a tax break. Traditional IRAs allow you to make tax-deductible contributions, while withdrawals are taxable in retirement. On… Read more →
The Current State of Cryptocurrency
The year for crypto investors worsened in June as the broad market’s rotation out of risky assets continued. Bitcoin, Ethereum, and other digital assets took a hit. Rising interest rates and concerns about the US economy have triggered a sell-off in various risk assets such as tech stocks, growth stocks, and cryptos in 2022. Many investors are worried that the… Read more →
Is Bitcoin Crashing?
Bitcoin has soared high in value and popularity, but this astonishing rise has also proven a double-edged sword. Its high potential value has created equal confidence in increased volatility. This makes it an excellent trading currency and a valuable currency for purchase but also causes wild fluctuations in price. Recently, Bitcoin prices have faced significant dips; this led to… Read more →
2022 Stock Market Summary
As we round the end of the first quarter of the new year, we are already seeing the warning play out from many Wall Street firms that the market’s rally is over. While the economy still looks good, returns will moderate. After the initial boom from countries returning to more normal levels of operation in light of the weakening effects… Read more →
Altcoins to Watch in 2022
This year has had a rocky start for cryptocurrency investors. In November, many major cryptos hit new all-time highs, then suddenly fell by around 50%. Although altcoins are expected to surge this year, it’s essential to keep in mind that they may not replicate the massive gains of 2021. Due to the current economic climate, many investors are shying away… Read more →
All About Bitcoin and Ethereum
Cryptocurrency is becoming increasingly popular, but not all blockchain technologies are created equal. Two of the most common names floating around the Internet – Bitcoin and Ethereum – are among the most-used forms of cryptocurrency, yet they differ in significant ways. There are crucial differences between Bitcoin and Ethereum, including what a wallet-holder and do with them, how companies leverage… Read more →
Five Top Fintech Companies in the USA
Financial technology continues to be one of the most exciting emerging industries in the United States. As businesses begin to brace for the changes brought to us by fintech companies, early adopters stand to gain the most from these innovations. Let’s look at 5 of the top fintech companies in the USA and examine how they can help everyday… Read more →
Financial Advice for Married Couples
One of the biggest challenges faced by modern couples is finances. Getting ahead of their finances takes planning, education and consistency. Although disagreements over finances can and do come up, there are some simple steps that can keep such disagreements to a minimum so you can focus on what is really important. Maintain Separate and Joint Accounts A simple… Read more →
How to Spend Your Tax Refund
According to the Internal Revenue Service, the average tax refund was just over $3,000 in 2018. Many Americans treat their tax refund as a gift. However, a tax refund is not a gift. Tax refunds are the government’s way of returning money that workers overpaid in taxes throughout the year. Since tax refunds are workers’ hard-earned cash, this list has… Read more →