When the government levies its tax bill, it expects you to pay. However, people often pay more than their fair share of taxes, which means a loss of income. Conversely, when you discover tax-saving tips, you’ll end up boosting your income. The tax laws change often. Most people don’t realize this and continue paying the […]
Real estate investing has seen quite an upswing in sales. The demand is high, and the short-term outlook is good. But do you need to be a real estate mogul to participate in this market? Financial advisors tout the benefits of diversifying portfolios into different asset classes. These advisors often suggest real estate as a […]
When the vaccine results from Pfizer (PFE) were announced on November 9, it sent the stock market on a wild ride. Sectors that had been underperforming the overall market screamed higher while stocks that had been outperforming since the pandemic started got hit with massive selling. Oil stocks, airlines, and travel industry stocks saw huge […]
Stock prices of publicly traded technology companies have been resilient this year. Many remained unaffected or benefited from the onset of the current crisis. Other sectors seem more exposed to uncertainty and economic downturns. Despite lofty valuations and recent turmoil, many investors remain hesitant to rotate out of technology stocks. An available alternative is to […]
Biotech and pharmaceutical stocks have been in the spotlight a great deal over the last few quarters. The race to find a vaccine has produced a number of winners and losers as results for trials were announced. The most recent winner appears to be Pfizer (PFE). The company announced trial results showing that 90% of […]
Bitcoin’s potential, as well as its resilience and performance during difficult times, has been catching the attention of previous naysayers. In a significant reversal of opinion, Jamie Dimon, J.P. Morgan’s CEO, is now praising Bitcoin (BTC), noting its “longevity as an asset class.” It’s another example of an institution admitting that BTC has withstood the […]
The shopping preferences of the American consumer have been shifting for a number of years now. Online sales have been growing and sales at shopping malls have been on the decline. Many traditional shopping malls have closed or they are struggling to bring people through the doors. This shift was going on well before the […]
If you follow the news about the cryptocurrency market you’ve no doubt been reading about how rapidly the Decentralized Finance (DeFi) market grew in 2020. This market is often referred to as the crypto finance market and it has the potential to become the next great crypto boom. The DeFi growth is based on decentralized […]
Bob Iaccino, editor of the Stock Think Tank, sees the relative stability of Bitcoin compared to gold as a sign that its legitimacy as a hedge is coming into view. Both gold and the S&P 500 are down in the past week, roughly. “You can’t sell gold to raise cash for margin calls if you […]
The Bitcoin vs. gold battle rages on as the two are best-performing assets of 2020. The price of gold is up 26% this year, while Bitcoin has soared 87% — both dwarfing the 5.27% return of the S&P 500. Driving that performance is their promise as safe-haven assets. The coronavirus pandemic sent shockwaves across the […]
