Tag: finance
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.…
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 the…
Walmart Stock Split 3:1
What happened to Walmart stock? The stock did 3-to-1 stock split turning every one share into three shares. Effective date was February 26th, which the price was divided by three. The new stock price is around $58.50 as of February 26th, 2024. The last time this happend was April 20th of 1999, stock split was…
Living Below Your Means
Living below your means is to spend less money than you make. How could it help? Learning to live below your means before retirement is a smart choice to be able to save more. Give yourself more flexibility later in life, learning is not all about now in the same moment it’s not all about…
States with No Sales Tax
Sales tax may not seem like a big deal, but when making big purchases this is a huge add-on that should be accounted for. Going through each month’s bills, one may be surprised how much they spend on sales tax. Example If sales tax rate is 8% and you spend $3,000 without sales tax. (3000…
