Investing News

Both 401(k) plans and Registered Retirement Savings Plans (RRSPs) offer tax-advantaged ways for employees to save for retirement. You can think of an RRSP as the Canadian equivalent of their 401(k), and vice versa. However, there are some important differences between these plans, which we’ll explore here. Key Takeaways RRSPs are essentially the Canadian equivalent

Amazon Prime is a membership program for individuals that comes with a range of perks, discounts, and media content for $139 per year, or $14.99 per month. Prime members can even share some of their benefits with another adult in their household, including free shipping, video, photos, and exclusive offers. Deciding on whether this service

One of the most basic principles of investing is to gradually reduce your risk as you get older. That makes sense when you consider that retirees don’t have the luxury of waiting (or the capital, for that matter) for the market to bounce back after a dip. The dilemma is figuring out exactly how safe

What Is Business Financing? Unless your business has the balance sheet of Apple, eventually, you will probably need access to capital through business financing. Even many large-cap companies routinely seek capital infusions to meet short-term obligations. For small businesses, finding a suitable funding model is vitally important. Take money from the wrong source, and you

In this article NTRS SNX MU GOOGL Sanjay Mehrotra, CEO, Micron Technology Scott Mlyn | CNBC Volatility in the stock market appears to be far from over. Market churn is still very high amid hot inflation and a worrisome economic outlook. Although the near-term perspective may be blurry, investors may scoop up healthy returns in

After surging higher last week on the heels of the Fed’s massive June rate hike, certificate of deposit (CD) rates have settled down this week. The top nationwide rate in most of the major CD terms has remained unchanged, with some modest upward movement in the longer terms. CD Term  Last Week’s Top National Rate

Keeping financial accounts safe from cyberattacks has become more important than ever as Internet crimes continue to rise. The Federal Bureau of Investigation estimates that cybercrime cost its victims $6.9 billion in 2021. If you have a 401(k) or another plan covered by the Employee Retirement Income Security Act (ERISA), you may be wondering whether

On June 30, 2022, pharmaceutical giant Pfizer Inc. (PFE) announced that it had filed a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for its oral COVID-19 treatment Paxlovid. The drug is currently authorized for emergency use for the treatment of COVID in adults and children 12 years of age and

Thinking about becoming a real estate agent? You’re in good company. Every month, about 17,000 people in the U.S. Google “how to become a real estate agent,” as they consider joining the nation’s estimated 3 million active real estate licensees. Key Takeaways You can become a real estate agent in about four to six months,

What Is TikTok? TikTok is a popular social media app that allows users to create, watch, and share 15-second videos shot on mobile devices or webcams. With its personalized feeds of quirky short videos set to music and sound effects, the app is notable for its addictive quality and high levels of engagement. Amateur and

The Target credit card, called the RedCard, is a credit card that can be used in Target’s retail stores and on the store’s website. The Target RedCard offers a 5% discount on purchases at Target, no annual fee, and an extra 30 days for returns and exchanges. However, the Target credit card’s interest rate or

GAAP vs. Non-GAAP: An Overview The generally accepted accounting principles (GAAP) are the standardized set of principles that public companies in the U.S. must follow. Thorough investment research requires an assessment of both GAAP and adjusted results (non-GAAP), but investors should carefully consider the validity of non-GAAP exclusions on a case-by-case basis. The reason is

A Citibank sign in front of one of the company’s offices in California. Justin Sullivan | Getty Images Investors just can’t seem to find a trough in this bear market, and are struggling to hold on to any optimism amid growing concerns of a possible recession.  However, the key to surviving a bear market successfully

People can own real estate for their primary residence or to hold as an investment rental property, and their ownership is determined through what’s known as a title. There are different kinds of real estate title as well as less common methods of holding title to a real estate property. It’s important to know about

Mortgage rates saw big declines Thursday, with the 30-year average shedding more than two-tenths of a percentage point to land at its lowest level in three weeks. That’s after re-entering the 6% range earlier in the week. National averages of the lowest rates offered by more than 200 of the country’s top lenders, with a

Traders on the floor of the NYSE, June 29, 2022. Source: NYSE (Click here to subscribe to the new Delivering Alpha newsletter.) A majority of Wall Street investors believe the market stands pretty much dead in the water for the rest of 2022 and, as a result, think it’s time to buy dividend-paying stocks, according to the

The Consumer Financial Protection Bureau (CFPB) has released an advisory opinion that targets “pay-to-pay” fees that debt collectors charge consumers. The federal agency says that unlawful debt collection agencies have tried to take advantage of silence in the law, calling them convenience fees, and using third-party payment processors, which provide a kickback to the agencies.

Singapore-based crypto hedge fund Three Arrows Capital (3AC) has reportedly entered liquidation, following a court order issued in the British Virgin Islands, after creditors sued the hedge fund for its inability to repay debts amid a broad decline in cryptocurrency markets. The failure of 3AC, a high-profile crypto fund, comes as cryptocurrencies tumble in value

Many modern economies in the world are organized under the banner of capitalism. Some of the most important aspects of a capitalist system are private property, private control of the factors of production, accumulation of capital, and competition. Put simply, capitalist systems are controlled by market forces where capital goods are owned by businesses and

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, June 16, 2022. Brendan McDermid | Reuters SPACs, once Wall Street’s hottest tickets, have become one of the most hated trades this year. The proprietary CNBC SPAC Post Deal Index, which is comprised of SPACs that have completed their mergers