Lithium stocks are on fire on wall street. Last week, we witnessed a massive jump in lithium stock prices with a double-digit increase. Multiple industry sources are confident that demand for lithium carbonate and lithium hydroxide will rise over time. Livent beat Wall Street on Q2 results. Earnings grew 825%, and revenues stood at 114% …
Why are The Lithium stocks Setting New Price Records? Read More »
Making only the minimum payment on your credit card every month is a good idea to avoid missed payments and paying late fees. Still, it is one of the biggest traps for anyone who wants to keep their credit score high and avoid extra charges on the credit card. If you’re reading this article, there …
Why Making Only the Minimum Payment on Your Credit Card is a Dangerous Idea? Read More »
Stocks that pay dividends are some of the most stable and reliable investments you can make. Dividend-paying companies are typically large and well-established, with a history of paying out dividends to shareholders year on year. We will see in this article that some companies consistently maintain their dividend-paying ratio for decades, along with steady growth …
Stocks That Pay Dividends – Find Out Before You Invest Read More »
Hedging in forex is a technique forex traders use to safeguard their open positions for potential losses. Essentially, hedging involves taking a second position in the market that offsets the first so that if prices move in an unfavourable direction, losses in the first position are partly or wholly offset by gains in the second. …
What’s Hedging in Forex? – The basics you need to know as an investor Read More »
Traditional automakers are making a big bet on electric vehicles. The automakers are about to lose jobs with changing technology and manufacturing processes for EV production. The upfront costs of shifting production from combustion engines to electric motors and batteries are incredibly high, as is the cost of developing a new car with no established …
Senate Democrats passed the Inflation Reduction Act granting $20 billion to invest in manufacturing more electric vehicles. New Inflation Reduction Act 2022 allocated $370 billion toward climate change and energy projects targeting to lower carbon emissions by roughly 40% by 2030. The bill included a large portion of the funds to fight against climate change. …
15 Reasons why the New Inflation Reduction Act 2022 will boost the EV market Read More »
Bonds are essentially debt instruments that corporations and governments use to raise money. When an entity issues a bond, it is essentially borrowing money from investors and agreeing to repay the loan over a specific period with interest. Governments and corporations often issue bonds to raise capital. When a bond is issued, the issuer typically …
What are Bonds in Finance? The basics you need to know. Read More »
Social Security recipients are to receive $159 extra per month by 2023, according to the Senior Citizens League, a non-partisan advocacy group. The average benefit payment for the beneficiaries will be $1656 in 2022. The Social Security cost-of-living adjustment (COLA) will be calculated using inflation readings from July, August and September by the Social Security …
Social Security recipients to get the biggest boost after 41 years! Read More »
Money and capital markets are two significant parts of the global financial structure. The money market is a trade on borrowing and lending short-term funds among governments, banks, corporations and other financial institutions. The lending periods may vary from overnight to year-long. On the other hand, the capital market is the place for trading stocks …
On 05th Aug 2022, the Bureau of Labor Statistics released the Job Report saying nonfarm payrolls increased by 528,000 in July, while the unemployment rate fell to 3.5 per cent. U.S. stock prices have shown an uptrend on impressive inflation data released on Tuesday. The price report indicates that the Federal Reserve would not have …
The US Job report and Inflation data released: Is it time to invest in stocks now? Read More »
Financial literacy is understanding and using financial information and products to make sound financial decisions. It includes knowledge about various financial topics, such as budgeting, saving, investing, credit, and retirement planning. Financial literacy should also include understanding financial instruments such as bonds, stocks, crypto, and ETFs and apply in the real world to achieve financial success. …
The new bill includes a significant tax credit for electric vehicles (EVs) as part of its climate-focused initiatives. If it comes into law, the $7,500 credit for new EVs and the $4,000 credit for used EVs could help speed up the move from gasoline to electricity. The US Senate Democrats recently released the Inflation Reduction …
CPI (Consumer Price Index) is a commonly used measure of inflation in the United States. It measures the average change in prices of consumer goods and services purchased by households. CPI data is released monthly by the Bureau of Labor Statistics in the United States. The Consumer Price Index for All Urban Consumers (CPI-U) rose …
Understanding how it will impact your overall retirement plan is the key to deciding when and whether to convert your IRA to a Roth IRA. This is a bumpy road for the U.S economy, and more people are exploring ways to convert their traditional IRA to a Roth IRA to protect the value of their …
Credit cards are a type of loan, and like all loans, they have an interest rate. This interest rate is the price you pay for borrowing money, expressed as an annual percentage rate (APR). When you use a credit card to purchase, you essentially borrow money from the credit card issuer. Credit card Explained! A …
The global transition to electric vehicles (EVs) is creating new opportunities in the aftermarkets – tires, steel, and the power grid. As demand for EVs increases and battery-powered cars become more mainstream, the need for specific car parts is growing. Several new companies have cropped up to meet that demand from automakers and their suppliers …
The 3 Industries That are Getting a Boost From Electric Vehicles Read More »
Should you consider cryptocurrency as an investment? The crypto market has been on fire in the last few years. The first cryptocurrency ever invented, Bitcoin has grown from a market cap of just $18 million in 2014 to over $1 trillion. This explosive growth increased media coverage and investor interest in other cryptocurrencies. The potential …
Cryptocurrency as Investment? Top 4 Cryptocurrencies to know about Read More »
The Social Security program will face several financial challenges in the coming years. The program is expected to face a funding shortfall in 2035, and the Trustees have estimated that the program will need to be restructured to maintain long-term solvency. If Congress does not fix the program soon, it will pay 80% of the …
Do you dream of one day quitting your day job? Of never having to answer to a boss again? While there’s no magic formula to make this happen, there are ways to make it more achievable. A side hustle stack is a great way for freelancers and jig jugglers to make extra money. A side …
A Command Economy is an economic system in which the government controls the production and distribution of goods and services. Command economies are often associated with communist countries but can also be found in other authoritarian regimes. The government makes all economic decisions in a command economy and owns all businesses. This means that there …
The global crypto ATM market is gaining popularity as the demand for cryptocurrencies continues to increase, with the market capitalization of global crypto clocking at $1.05T at the moment I am writing this article. This has led to a rise in the number of crypto investors looking for ways to buy and sell cryptocurrencies easily …
Cryptocurrency ATM market is growing. What do you need to know as a Crypto investor? Read More »
Do you ever feel guilty about your impulse purchases? If so, you’re not alone. Many people have a hard time controlling their spending on online shopping or simply walking into physical stores to buy something to make themselves happy for a while. But is this bad for our finances? In the world of consumerism, impulse …
Is Impulse Buying Always a Bad Thing? The Science Says Maybe Not! Read More »
