Nobody wants to lose out on an investment, but did you know that stock loss – also known as capital loss – can actually be leveraged into savings on future investments through tax deductions? While it may sound strange, converting stock loss into savings is actually a widely used strategy for many seasoned investors. … Continue reading (Capital) Loss Can Be Your Gain: Leverage Your Stock Loss into Tax Deductions!
SEC Hack Exposes Critical Security Faults On Thursday, it was announced that the Securities and Exchange Commission (SEC), the nation’s top finance and securities regulator, had experienced a critical cyber security breach. The breach, which occurred in 2016, allowed hackers access to the SEC’s EDGAR system, a database which houses corporate filings and announcements for … Continue reading Who’s Watching the Watchdogs? SEC Hack Exposes Critical Financial Regulation Faults
Financial Investing Pushes Wall Street Rebound This week, market analysts and investors saw Wall Street regaining upward traction. Dow and S&P indexes soared to record weekly gains, buoyed by a flurry of trading activity. According to a Reuters report, financial investing has been one of the major drivers, followed by industrial and tech. Financials Bank … Continue reading Ahead of Fed Announcement, Financial Investing on Wall Street Rebounds
After a catastrophic storm, the first thing you’ll probably do after making sure your loved ones are safe is to go out and assess your property damage. With Hurricane Irma bearing down on Florida’s coast, many Floridians are taking steps to secure and protect their property. However, events best storm preparations are not always able … Continue reading Damages After a Hurricane? Make Sure to Review Your Insurance Settlement
Maybe you want to make it big as an investor. Maybe you just want a nest egg for retirement or financial security for your family. Whatever the reasons, thousands of Americans everyday make their first steps to becoming active investors. Before hitting the market though, there’s a lot would-be investors need to know; like understanding … Continue reading Investor Education: Know Your Order Types Before You Buy and Sell
You’ve probably heard the term “diversified portfolio” before. The term brings to mind the image of a robust, varied assortment of assets and securities that not only generate generous returns, but act as a cushion against any one stock or security’s downturn. Everyone wants a diversified portfolio, from fledgling investors to seasoned pros. However, there’s … Continue reading Diversified Portfolio Investor or Salad Bar Investor: Which Are You?
Amid the fallout of 2008, when the nation’s banking giants toppled and our economy was sent reeling, Federal legislators and regulators decided that changes were needed. Most of these changes took shape as the Dodd-Frank Act, which provide the framework for much of our current banking regulation and oversight. You’re probably familiar with Dodd-Frank, at … Continue reading Why Big Banks Have a Financial Doomsday Plan
We’ve all seen bad actors in movies and T.V., but did you know that bad actors can be found on Wall Street and other financial industry institutions? The Financial Industry Regulatory Authority (FINRA) recently released a statement outlining the need for checks-and-balances against bad actors. What are bad actors? FINRA defines a bad actor … Continue reading Bad Actors: Tips for Spotting the Financial Industry’s Bad Apples
One of the big platforms that boosted Trump to the Oval Office was his promise to let business operate unencumbered. Throughout his campaign, he promised a hands-off approach to business, including wide-scale financial deregulation as well as considerable corporate tax cuts. In fact, Wall Street was riding high post-election on sheer optimism. Financial and industrial … Continue reading Stand By for the Following Message on Corporate Tax Cuts…
This week, a U.S. appeals court elected not to reinstate President Trump’s controversial travel ban. The decision by the appeals court moves the debate closer to the Supreme Court, as the issue gets more contentious. The order called for a restriction on travel for people from six countries with a majority Muslim population. It caused … Continue reading Debate Over Trump’s Travel Ban Heats Up