Are you wondering if you’re switching between mutual funds too often? You may have heard scary stories about investors having their accounts closed for “excessive trading,” but you don’t know what that means. Well, I’ve done the research and can tell you that the answer isn’t as simple as “once a month” or “four times … Read more
Robinhood is an app that lets you buy and sell stocks (pieces of companies) without paying money each time you make a trade. It’s like a digital shop for investing in companies, and it’s super popular because it seems free. Even though Robinhood advertises “commission-free trading, ” which means it doesn’t charge you directly for … Read more
In a world of inflated tech valuations, Tesla’s is one of the standouts. There’s plenty of potential, but given uncertainty, is Tesla stock a buy or a sell?. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. Tesla shareholders approved a pay package for its CEO … Read more
Do you ever wonder what happens to your money when you hit “sell” on your stock trading app? The stock is gone, but where’s the cash? If you’ve ever thought, “When I sell my stock, how do I get my money?” you’re not the only one. This question confuses tons of new investors. We can … Read more
Have you just gotten a check and don’t know what to do next? Don’t worry—there are a few simple things you can do to turn that paper into cash. In today’s uncertain economic times, many of us are wondering: where exactly should we put our cash in 2021? Whether you’ve saved up during the pandemic, … Read more
Let’s face it – when we invest our hard-earned cash, the biggest worry isn’t just market fluctuations but whether our money is actually safe with the broker With Charles Schwab managing about $7 trillion in client assets, it’s a question worth asking is my money safe at Charles Schwab? As someone who’s researched financial security … Read more
Now there is only one Stan Druckenmiller! He has never had a down calendar year (he has been down over a 12 month period). But the notion of having more than 70% of your assets in a single asset class seems really scary to me. Of course, as a macro investor he benefits from operating … Read more
Well, I’ve done investment banking at a Bulge Bracket bank, and I’m here to give you the lowdown. In this article, I’ll discuss investment banking hours, typical schedule, and how to deal with the unpredictability. The Short Answer: Longer Than You Probably Think On average, investment bankers work 12 to 16 hours a day, which … Read more
If you’ve been using Robinhood to dip your toes in the investment world, you might be wondering about the tax implications of your trading activities. Let me tell ya, understanding your tax obligations when using Robinhood isn’t just smart—it’s necessary to avoid potential penalties from the IRS. I’ve put together this comprehensive guide to help … Read more
You’ve seen the stories: day traders who made quick profits off a few smart trades, leaving the nine-to-five behind and living free. Particularly around the Covid-19 pandemic, we saw “regular” people making massive sums trading in meme stocks like Gamestop and Bed, Bath and Beyond. But here’s the thing — while those success stories sound … Read more
