Retirement
Are the good times over? That’s the question on the mind of many cryptocurrency hedge fund managers. Bitcoin’s phenomenal thirteenfold rise in 2017 helped these firms provide astronomical returns for their clients. Data from an index of 17 hedge funds reveals an almost 3,000% rise in 2017. By comparison, the average return of the worldwide […]
You don’t need to visit Hollywood to see a bunch of millionaires. Fidelity Investments says that the number of people with $1 million or more in their 401(k) retirement plan at work has skyrocketed in the past year. Fidelity says that 133,000 people have achieved millionaire status, a significant jump from the 89,000 savers that became […]
<–Advertorial–> Disclaimer: The value of virtual currency may change substantially in a short amount of time. It was almost 30 years ago, during the heart of the cold war, when Keene Little was flying his Navy supersonic jets through the islands of the Philippines. And during this time, he faced a life and death situation […]
Palladium recently traded at a new high of $1,132.50 on Jan. 15. That’s more than double the low price of $473.80 around the same date in 2016. Investment and financial industry analysts now believe that the months-long palladium rally could surge past the value of gold sometime in 2018. The recent gold high was $1,342.50, […]
JPMorgan Chase will begin offering robo-advisor wealth management in 2018. The tentative launch date is March for their new financial technology advisement services. Chase is not the only financial industry giant to begin offering robo-advisor services either. In 2017 Merrill Lynch, Morgan Stanley and Wells Fargo successfully launched versions of their own robo-advisor services. Robo-advisors are […]
Massive profits from cryptocurrency trading creates a problem many coin investors might not realize: How to avoid losing a huge chunk of your windfall to taxes, penalties and fines. In the worst-case scenario, you could be in legal trouble for not reporting gains or fall victim to an IRS audit. There have been numerous stories […]
Dividend stocks are the bread and butter of any serious investment portfolio, and large-cap U.S. stocks are often great picks for dividend income. Stocks in Dow Jones Industrial Average may be the wisest investment you can make in 2018, particularly with long-term money. The index of 30 largest publicly traded companies in the USA are […]
Investing icon giant Warren Buffett, CEO of Berkshire Hathaway, recently came out once again against cryptocurrency. “In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” the Nebraska billionaire said on CNBC’s Squawk Box program. Buffet went on to say that if he could bet on the […]
