What Is a 401(k) Retirement Plan? Everything You Need to Know About 401(k)

If you’re like most people working for a for-profit company, you may see small deductions from your paycheck to your 401(k). If you’ve opted in to contributing to your 401(k), you’re probably already aware that you’re building up for your retirement savings plan in some way. However, do you know exactly what a 401(k) is and […]
How to Buy Amazon Shares

Amazon is one of the most well-known multinational companies. In 2018, the New York Times announced that Amazon had become the second American company to cross the trillion-dollar threshold. After working for several firms on Wall Street, Amazon’s founder, Jeff Bezos, started the company in 1994. Since then, it has become one of the world’s […]
Renting vs Buying a Home: Which Option Is Right For You?

Whether you’re renting or buying a home, determining which path is right for you is a big decision. Before you decide, it’s important to consider all of the factors that go into each, including the overall costs and maintenance required, your timeline, and of course, other factors like taxes and the credit score you need […]
What Is a Ponzi Scheme and How Does It Work?

Ponzi schemes are “investments” promising outrageous returns that never end up appearing. The organizers of these schemes promise high returns with little or no risk, but in many Ponzi schemes, the money never gets invested. Instead, it is passed on to earlier investors. To consistently generate income, Ponzi scheme perpetrators are constantly recruiting new investors. By […]
Stock Options Explained: Definition and Basics

Employee stock options (ESOs) have become a popular way for companies to recruit new employees and encourage current employees to stick around. When stock options are offered at your company, you can buy these shares and decide to hold on to them, trade them, or sell them. If your company is successful, you may see […]
Best Investments: What To Invest In Now

There are a variety of ways you can invest your money. With so many options available, it can quickly become confusing, making it difficult for you to differentiate between the best investment vehicles and the options you should avoid. Below, we’ll break down some investment tips to consider before you decide how to build your […]