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When it comes to saving for retirement, individual retirement accounts (IRAs) are a popular choice. However, there are different types of IRAs to choose from, and it’s important to understand the differences between them before making a decision. In this article, we’ll compare the ins and outs of a Roth IRA and a traditional (normal) …
Continue reading “Roth IRA vs. Traditional IRA: Which is Best for Your Retirement Savings?”
Small cap stocks are usually risky right? Especially when a similar industry stock just went bankrupt? Or is it just an opportunity? With Rocket Lab ($RKLB), I see an opportunity! After Virgin Orbit filed for bankruptcy on April 3rd, RKLB dropped 10% from the 3rd to the 5th! Additionally, in the beginning of March, two …
Continue reading “Rocket Lab: Is This Small-Cap Stock Worth the Risk?”
With all the articles and opinions on finance I have, you may think that there is some complicated, long way I came about wanting to save and invest more. And sure, my parents did instill a lot of valuable financial ideas, but even then I still made a lot of mistakes. Even now, I still …
Tax season is upon us! And with that, many of us will be getting our tax returns, woohoo!! Time to go splurge at the mall right? Get those new shoes we’ve been eyeing, or maybe a new gaming system? But why not, instead of splurging on short term pleasure (unless it’s something you really need, …
Continue reading “How to Use Your Tax Refund to Improve Your Finances”
Chewy (CHWY) reported their earnings for 2022 (as well as the 4th quarter of 2022) on March 22, 2023 at the end of the day. Their share price rose up to slightly above $40 per share by the end of the day on the 21st, and bounced between roughly $38-$39 on the 22nd leading into …
So, originally I was going to make an article outlining the exact timeline of the Silicon Valley Bank collapse and the following government intervention. However, I was confused when ChatGPT started talking about SVB failing in 2008 or other old information, like SVB is a healthy bank and hasn’t had any issues. And then ChatGPT …
Continue reading “The Most Searched for Financial Information, per ChatGPT”
Bank of America (BAC) Company Overview Bank of America is the second largest banking stock in the world by market cap, behind only JPMorgan (1). Per their investor page: “Bank of America serves individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management, and other financial and …
Continue reading “A Stock Pick Amidst the Financial Volatility”
All three stocks seen below are seen as long term investments. However, if there is a significant pop of 25% plus, I will likely send an alert to sell, especially for the lone growth stock here. Additionally, please remember that these are my opinions, and I am NOT a financial advisor. So make sure to …
Sure, lots of people, from Mark Cuban to Bill Ackman to Janet Yellen, all say that the government isn’t bailing out the Silicon Valley Bank (SVB). But is that debate even the most important one? Basically, by backing up all depositors, the federal government basically said that they will insure all money deposited into SVB. …
I just saw a scary article recently (albeit a little late to the party)… Credit Summit recently reported a survey done in December of 2022 that showed that roughly $21 billion of gift cards have gone unspent!! That’s more than the GDP of many countries! Senegal, Nicaragua, Afghanistan… The list goes on! The survey goes …