The announcement that the banks and stock market in Greece would be closed was made by the Greek Prime Minister on Sunday, June 28, 2015. Within 24 hours, markets around the world declined in value. There wasn't any country you could escape to for safety.
Technological advances in financial and investment tools give investors a myriad of options, including online trading. Online trading accounts can benefit many types of investors, from the beginner who needs assistance getting an investment plan started to the knowledgeable investor who can use the online trading tools to pursue an investment strategy.
What gives? How can Wall Street be thriving when it seems virtually impossible for individual traders to get a foothold in the market? The answer lies in the misconceptions that too many amateur traders have about what trading is and what it entails.
We caught up with Akshay on what he learned from his Tip'd Off journey, from the day he started it to the day it got acquired. While admittedly, it was a very hard decision for Akshay and his cofounders to sell Tip'd Off. They just couldn't let go of this opportunity of a successful exit, with their investors and employees in mind as well.
Carrots are another vegetable that can be used top to root -- the peelings too. There is nothing as fragrant and rich as fresh carrot tops and I often offer to take a bag full of discarded tops from farmers who dutifully remove them for many of their customers.
For years, pundits have debated about the timing of a rise in interest rates, pouring over the Federal Reserve Minutes and analyzing every new comma in the press releases.
People and corporations that participate in currency trading, clearly, have very different and ubiquitous goals in mind. Speculative trades are in most cases executed by banks and large hedge funds.
I believe, if you run a modern company, your stock options should be worth money and you should be able to turn around and sell or exercise them. In other words, your company stocks should be able to become your own currency.
Last week I talked about investing concepts that people want to understand but are too often afraid to ask about -- things like asset allocation, diversification and risk. But if you're unclear on a concept, I say ask. And ask again if you don't completely understand.
Many of the industry's top bloggers use social media to inform their followers about a stock and its movement. Social media functions as a way for investors to become aware of a company's news before it becomes stale.
n this first column of a three-part series, I want to help you crack the code -- starting with the most important foundational concepts. And then in the next two columns I'll define and describe the investments, accounts, and steps that will allow you to put these concepts to use over time.
Entrepreneurship runs in the blood of Akshay. His father was a Silicon Valley tech veteran who encouraged Akshay to intern in startups early on starting at 14 years old.
There is a common belief that the best investment options require a lot of money to get started, but the reality is there are investments that allow you to start with as little as a $10 per month contribution, or a one-time deposit of $25.
Morris's background as an accountant seemed to re-emerge in the plan he devised for his estate: it granted A seven percent, B three point five percent and so on for eight or nine persons. Numerous fractions. I gulped when he showed me his will. "How as I supposed to settle this?" I asked.
With the Dow at a record high -- more than double since 2009 -- some first-time investors are concerned that it might be too late to jump into stock trading. The truth is that no investment comes with a guarantee, and experts disagree about where the market will go next.