While both bitcoin and dogecoin have been labeled as potentially risky investments due to cryptocurrencies' high volatility, they seem to be changing how money will work in the future.
It’s common to hear that people are pursuing either a risky or conservative portfolio, but what really goes into these ideologies?
Keeping track of finances on a daily basis can be difficult. Luckily, a variety of websites and apps have been created to do a lot of the dirty work. Use the following tools to aid in budget creation and spending habits among other things.
Here are some great tips on how to teach savings & finance to children. It's never too early to learn about how to invest money wisely. Call (315) 897-1593.
Are you hesitant to start saving for retirement due to daunting debts and interest payments? We understand it’s challenging to start a retirement fund when you have credit card bills, student loans or mortgages to pay off. The answer to this common question requires you to consider many factors such as your age, life events, income, spending behaviors and total debt analysis.
Despite being in a global pandemic, Nasdaq and tech stocks have boomed. The global economy has been shuttered by the coronavirus throughout the past year, but key tech stocks have led a stock market recovery.
The Internal Revenue Service, or IRS, defines a tax exemption limit for items given as gifts. If you’re planning to give a large gift to a friend, family member, coworker, or organization, it’s essential to understand how that gift will be taxed. Navigate this crucial tax question and continue to hit your financial goals with the help of Blue Water Capital Management in the Syracuse, NY, area. Keep on giving confidently and prepare your estate with peace of mind by working with our leading team of advisors.
There are elements of the new stimulus package that many investors find intriguing. Money has been added to the Paycheck Protection Program, which will offer forgivable loans for challenged businesses retaining employees throughout the pandemic. The new PPP is providing an additional $284 billion in forgivable, federally backed loans. This is likely to indirectly support the markets because it provides funds to keep businesses open and keep people employed.
The cannabis industry has grown steadily over the years, and has recently been accompanied by a raise in stock prices as well. Preceding the recent election, marijuana stock prices quickly rose with the anticipation of more states choosing to legalize cannabis use. However, it is not too late for investors to add cannabis positions to their portfolios if they are in the right financial position.
Did you know that there are different strategies you can use to invest in ethically sound companies that you believe in? As we turn our attention to the greater good, your investments can actually be used for companies that prioritize and fund environmental policies, sustainability and even diversity in the workforce.
In the months leading up to another historic presidential election in the United States, most investors had polarizing views about how the economy and stock markets would react depending on who was in the oval office. One side viewed another four years of Trump as the only way the economy could continue to grow and the stock markets continue to go up. On the other hand many people believed that without Joe Biden in the White House, the economy was going to experience a period of catastrophic policy changes sending America’s international standing and economy into the toilet. Only time will tell which side was right but here are some historical facts to better understand what the outcome to your investments might be.
Retirement plans may appear to be costly on the surface but here are five ways which a high performing retirement plan can affect your bottom line.