Category: Finance
Best Online Savings Accounts: May 2024
The best online saving accounts normally offer higher interest rates than traditional savings accounts and traditional banks. At many online banks there are high-yield savings account options,The lower maintence costs of not having actual bank location allows the higher interest rates to be offered. The downside of an online bank is not being able to…
Is the Stock Market Closed for Memorial Day?
The stock market is closed on Memorial Day, Monday May 27th. Planning ahead for the days the stock market will be closed, can help with the balance of the portfolio. People have different strategies about days the market is closed and when to make buys or sells if any. The next holiday the stock market…
Endowment Fund: What is it?
An endowment fund is a portfolio for a nonprofit, the money that is derived from doantions. The portfolio should become self sufficient and help support the charitable activites. What is An Endowment? A gift to nonprofit for certian purpose. Who Contributes? The people that contribute can range from old students to church vistors to anyone.…
Top 10 ETFs By Net Assets
The top 10 largest etfs by net assets gathered from Yahoo Finance on April 29th, 2024. Notes: T means trillion, B means Billion. Being Wondering what a ETF is? read: ETF: What is it?
ETF: What is it?
An ETF is exchanged-traded-fund, this can be traded just like a stock, mulitple times throughout the day. Unlike a mutual fund where you can only trade once daily. They hold a basket of secturties and allows investors to become diversified within a category and mutliple categories. This can help create an easier more understandable time…
Capital Gains Tax: A Tax Based on Certain Assets Sold
Capital gains tax (also known as tax cgt) is based on assets sold for profit for individual. These assets can be stocks, bonds, real estate, collections, and digital assets. Review the federal guidelines and your state guidelines. Federally there is a tax rate and mutliple states have their own tax rate on top of .…
