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Investing

Jobs Report Lower Than Expected

JOBS REPORT LOWER THAN EXPECTED- The Jobs report came out: new jobs in August nearly 20% below expectations. Reports showed 151,000 new hires compared to economists’ estimates leading up to today’s report, at 180,000 new hires, though jobless rate is steady. As a result of the lower number of new hires, many are confident that…

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Amazon and Alphabet Team Up To Deliver New Drone

Amazon and Alphabet Team Up To Deliver New Drone Industry Opportunities Inside the US! Contributed by Lizabeth Lamarr Project Wing, a division of Alphabet, Google’s parent company, has teamed up with competitor Amazon to launch drone delivery in an FAA (Federal Aviation Administration) approved test. Six drone industry test sites, includes the campus of Virginia…

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Apple Hit with Tax Bill

Apple Exec Sells $36 Million In Stock Compensation; Apple Is Hit With A $14.5 Billion Retroactive Tax Bill By The EU Investigative Commission. By now you’ve heard that Apple in Ireland was dealt a brutal $14.5 Billion tax blow by the European Union. Other Apple News headlines shriek that Tim Cook, Apple CEO sold $35.8…

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What is a Mutual Fund?

What is a Mutual Fund? Can it Benefit Me? Mutual Funds, like the name suggests, are a pool of funds, collected from many different investors to invest in securities- stocks, bonds, equities, money market instruments and similar assets. A money manager operates the mutual funds, investing the funds monies in an effort to increase the…

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Brexit Effect Review

Why you Need to be Aware of the Brexit Effect In a national referendum, Britain has voted in favor of Brexit (Britain’s Exit from the European Union); an astounding decision, closely followed around the Globe, as repercussions from this decision will be far reaching. What Americans can expect from Brexit Reuters showed markets dropping from…

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Bond Changes – Risky Or Safe

2016 Bond Changes- Are Bonds Still Safe or Too Risky Two years ago, the SEC announced a change in its Money Markets rules. Going into effect October 14, 2016, Institutional prime money market funds will be forced to use a floating NAV (net asset value), instead of using the fixed $1 per share price that…

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IRA: Is a Individual Retirement Account Right for You

IRA; Everything You Need to Know on Individual Retirement Accounts IRAs, unlike the popular 401K or the lesser known 403B are individual accounts, not set up by employers. In fact, IRAs are often used by self-employed individuals. That being said, there are several types of IRA accounts, each with eligibility restrictions based on your income…

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401k Investment

What is a 401(k) plan? Is this the best plan for me? History of the 401(k) plan. The 401(k) plan is named for the section of the tax code that governs it. The rules established in the Revenue Act of 1978 made it possible for employers to create tax advantaged savings accounts for their employees,…

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