Investing News

In this article MON Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrencies have had yet another wild year. Bitcoin, the world’s largest digital asset, has seen a roughly 65% gain since January — with some
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There are two tax-smart ways to set aside money for college: 529 plans and Roth IRAs. While 529 plans are designed to pay for education, you can also tap a Roth IRA for college even though it’s intended for retirement. Key Takeaways 529 savings plans and Roth IRAs are both tax-advantaged options to save for
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A company’s beta is a measure of the volatility, or systematic risk, of a security, as it compares to the broader market. The beta of a company measures how the company’s equity market value changes with changes in the overall market. It is used in the capital asset pricing model (CAPM) to estimate the return of an asset.
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Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday he believes there will be a Santa Claus rally this year despite the raging omicron variant that’s spiking Covid cases during the holidays. The seasonal stock market phenomenon has historically started around now and continued into the first days of
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There is no downside to a tax exemption. The term has a specific meaning in tax law: Federal, state, and local governments create them to provide a benefit to specific people, businesses, or other entities in special situations. Those who are entitled to them save on taxes. A tax exemption, as most taxpayers experience it, is
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While life insurance can’t be owned in a simplified employee pension or IRA, IRS regulations allow them in some profit sharing and defined-benefit plans. These plans tend to be complex to administer and need to adhere to strict rules that require the life insurance only to be “incidental” to the retirement benefits provided by the
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As you search for a home, getting pre-approved for a mortgage can be an important step to take. Consulting with a lender and obtaining a pre-approval letter provides you with the opportunity to discuss loan options and budgeting with the lender; this step can serve to clarify your total house-hunting budget and the monthly mortgage
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In this article JPM Scott Mlyn | CNBC JPMorgan Chase is paying a $125 million fine to settle Securities and Exchange Commission charges that its Wall Street division allowed employees to use WhatsApp and other platforms to circumvent federal record-keeping laws. The SEC said Friday in a statement that JPMorgan Securities admitted to “widespread” record-keeping
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Penny stocks have a well-deserved reputation for low quality, high risk, and intense volatility. However, by practicing due diligence, you can discover some hidden treasures in the most unexpected places. Below, you’ll find updates on previously discussed penny stocks from this column, followed by a few new intriguing and inexpensive trade ideas that are still
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Some of the most important changes stemming from the Affordable Care Act (ACA), also known as Obamacare, center around taxes. To understand how taxes are affected in 2021 by this law, which changed the landscape for healthcare insurance in the United States, it’s important to review the history of taxes under the ACA. Key Takeaways The
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A Falcon 9 rocket is displayed outside the Space Exploration Technologies Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images A female former employee of Elon Musk’s SpaceX alleged in an essay published Tuesday that the space company’s workplace is “rife with sexism” and that its
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