Forget that myth that millennials are bad with money. If recent surveys are accurate, 20- and 30-somethings are excellent at saving money and building up stacked savings accounts. In fact, nearly 1 in 4 millennials report having $100,000 to more in savings, according to a new Bank of America report. Of those surveyed, “Seventy-three percent…
Investing Articles
Tokenized Art: A New Alternative Investment?
Have you ever wanted to invest in art? Were you deterred by the high cost to buy a single piece, by not knowing what to invest in, or by concerns about how to store or display it properly to preserve its value? These are key reasons why many people haven’t invested in art, but art…
Should You Accept Equity Compensation in Lieu of a Higher Salary?
Dreaming of getting rich? To increase your chances of that dream coming true, you may want to consider equity compensation rather than focusing entirely on earning a higher salary. Think about the billionaires in the world. How did they make their wealth? Almost all of them got their high net worth from equity stakes in…
The Cypherpunk Movement and the Creation of Cryptocurrency
It all began with the cypherpunks, a small community of programmers, coders, activists, and visionaries who were focused on privacy-enhancing technologies through cryptography starting in the 1990s. “Privacy is necessary for an open society in the electronic age,” proclaimed Berkeley mathematician Eric Hughes in “A Cypherpunk’s Manifesto” in March 1993. “Privacy is not secrecy. A…
Why Do Bond Prices Fall When Interest Rates Rise?
You may think you’re a savvy investor. But have you ever put your knowledge to an actual test? There’s an ongoing national financial literacy study run by FINRA that you can take and review results at any time. The study has found that most Americans cannot correctly answer the following question: “If interest rates rise,…
How to Tell if a Robo Advisor Makes Sense For You
Whether you use Siri, rely on Alexa, or just have a Roomba, there’s no escaping the fact that bots are more part of our lives than ever before. And that’s not necessarily a bad thing. After all, why not automate life’s mundane, tedious tasks? Depending on how you feel about your finances, you could even…
9 Things to do With Your Investment Portfolio Before 2018
You know that feeling when you realize you missed a deadline by just a few days? Being just a little bit off can throw your entire plan out of whack, like when you intend to start a new exercise routine on Monday — then Monday comes around, you get busy and can’t make it to…