Understanding Liquidity And Liquid Assets
Liquid assets include cash and other assets that can quickly be turned into cash without losing value. You always want some of your assets to be liquid to cover living…
What is Inflation
When prices rise on average in an economy, it’s called inflation. In the recent past, in developed economies, inflation has only been a few percent per year, but some decades…
Ajit Pai mismanaged $9 billion fund—new FCC boss starts “clean up.”
Starlink and other ISPs may have to give up money that Pai shouldn’t have awarded. The Federal Communications Commission wants SpaceX to give up a portion of the $885.51 million…
Alphabet Soup: Understanding the Shape of a COVID-19 Recession
The measures taken by the United States and nations worldwide to manage the COVID-19 pandemic—restricting travel, shuttering nonessential businesses, and implementing universal social distancing policies—have severe economic consequences. On June…
3 Fund Portfolio: How To Save For Retirement With Just Three Investments
Retirement planning can often feel like an unwanted experience of choice overload. Workplace 401(k)s typically serve up more than a dozen mutual funds you must choose from for your retirement…
What is Forex Trading? A Guide for Beginners
Foreign exchange, also known as FX or forex, or currency trading, is the exchange of different global currencies. The changes in currency values reflect supply and demand. Traders aim to…
Participating Preferred Stock, Explained
You may have heard mention of preferred shareholders or stocks in investment circles. And you might have wondered: How do I get preferred stocks? Preferred stocks are available to individual…
Legal Tender: Definition, Economic Functions, Examples
What Is Legal Tender? Legal tender is anything recognized by law as a means to settle a public or private debt or meet a financial obligation, including tax payments, contracts,…
Elon Musk Says Tesla Won’t Accept Bitcoin For Car Purchases Any More
Elon Musk Says Tesla Won’t Accept Bitcoin For Car Purchases Any More Tesla is executing a rapid U-turn on Bitcoin. Months after Tesla embraced Bitcoin, CEO Elon Musk said on…
Tesla will no longer accept Bitcoin over climate concerns, says Musk
Tesla has suspended vehicle purchases using Bitcoin due to climate change concerns, its CEO Elon Musk said in a tweet. Bitcoin fell by more than 10% after the tweet, while…