There’s a common saying that youth is wasted on the young and wealth is wasted on the old.
There is a similar concept in the small business world: Young enterprising business owners are constantly short on cash and older wealthy individuals, who possibly ran a business in their youth, are...
Tens of millions of workers consider themselves gig workers, and the gig economy is not slowing down anytime soon. If you’ve ever worked as a contract worker, you know how hard it can be to get paid, even when there’s an agreement in place.
Working as a sort of cash advance contract, contract financing…
To the uninitiated, the stock exchange can seem like a casino, with news and social media feeds sharing stories of investors striking it rich by playing the stock market. But while there are winners, there are also losers, those who lose money playing the market, sometimes pulling their money out of the market because they’re afraid of the potential of losing money…
Given Bitcoin’s unpredictable nature, you may wonder whether you should consult a financial advisor before investing in the buzzy cryptocurrency. The short answer: It never hurts to get a second opinion.
Anything that jumps from less than $11,000 to more than $40,000 in a few months would make many investors take a second look…
You’ve written a first draft of your business plan, and you’re getting ready to shop it around to investors. But I don’t even need to read it. I already know it’s terrible.
You may consider this presumptuous of me. How could I possibly know what’s in your business plan if I haven’t looked at it?
All investments carry some risk, but the difference between speculating and investing can illustrate the level of risk involved.
Speculating often describes scenarios when there’s a high chance the investment will deliver losses but also when the investment could result in a high profit. In contrast, investing generally refers to...
Mutual funds allow investors to pool their money in order to diversify their portfolios. Through diversification, both gains and losses are split among investors.
When an investor buys into a mutual fund, they purchase a share that represents a portion of the value of the fund’s portfolio…