Choosing a 401(k) beneficiary ensures that any unused funds in your account are dispersed according to your wishes after you pass away. Whether youâre married, single, or in a domestic partnership, naming a beneficiary simplifies the estate process and makes it easier for your heirs to receive the money. Thereâs room on 401(k) beneficiary forms […]
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Itâs easy to forget about old 401(k) plans when changing to a new job. Some people simply forget about it because the company that manages it never reminds them. Others didnât forget about their old account, but theyâve been putting off the rollover because it sounds hard. Many companies donât make the process easy for […]
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Companies have several different types of earnings, each of which provide different information about their revenues and insight into their financial health. On a companyâs balance sheetâwhich is a key piece of information in evaluating a companyâs stock valueâit will report details about its expenses and earnings, including retained earnings and net income. Net income […]
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Investing with friends might seem like an intriguing concept. Instead of being the sole decision maker, you can share financial and knowledge-based resources to come up with a compelling investment strategy that serves your collective goals. Investing with friends may also be a way to make a substantial impact in a cause you believe in, […]
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Itâs not uncommon for publicly-traded companies to restructure based on changing market conditions or share prices. When companies merge, split their stock, or acquire competitors, it can raise the question of how to consolidate or restructure the companyâs stock. If such a corporate action generates fractional shares, the companyâs leadership has a few options for […]
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Cryptocurrencies can act like real moneyâin a sense, they are real moneyâbut they take a digital monetary form and are not managed or governed by any central authority. A true product of the digital age, cryptocurrencies operate without the involvement of banks, governments, or any middleman. In 2020, there were more than 50 million blockchain […]
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The basic idea behind investing is finding ways for your money to earn you even more money. Getting your money to do work for you? Yes, please. But how do you figure out how much your investment is going to make you? The money that you earn on an investment is known as your return. […]
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Panic selling is when enough investors want to sell their holdings at the same time that it creates a profound drop in prices. That drop scares other investors into selling, which causes prices to fall still further, which frightens more investors, and so on. The resulting panic can erase vast amounts of wealth. It can […]
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For a long time, mutual funds have been a popular investment vehicle for millions of investors, largely because they offer an easy way to purchase no-fuss, diversified assets with relative ease. This out-of-the-box diversification and risk-mitigation is something that individual stocks canât match. Though technology has made it easier than ever to buy securities like […]
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In the last ten years or so, a new asset class has swept the globeâdigital assets and cryptocurrency. It began with Bitcoin in 2009 and has since expanded into thousands of different cryptocurrencies. Bitcoin, the first and largest cryptocurrency by market cap, is widely considered the gold standard of the asset class. Over time, other […]
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