Dear Quentin, I am a budding options/futures trader with my own sole proprietor investment business. Heading into 2022, I took on a large cash infusion of $500,000 from friends and family under the g...
Tag: Banking
Affirm earnings: What to expect from the buy-now-pay-later company
After robust growth for buy-now-pay-later services in the prior holiday season, Affirm Holdings Inc. is still expected to have increased its top line in the most recent December quarter, but at a much...
Suze Orman says this is the $1-$2 mistake that can ‘creep into’ too many of your financial decisions — and it could cost you tens of thousands of dollars
Finance guru Suze Orman recommends asking yourself: “Are your needs as inexpensive as possible?” Getty Images for WICT Saving a dollar or two here and there may seem trivial, but finance guru Suze Orm...
Three U.S. banking stocks to watch in 2023
After a shaky 2022, bank stocks have soared in the first few months of 2023. Investors are becoming more confident that the Federal Reserve can guide the U.S. economy to a “soft landing” as inflation ...
‘I am watching my inheritance evaporate’: My brother and sister constantly hit our parents up for money. What can I do to stop this?
I am 46 and single. I have a good job and own my own home but live modestly. I have been fortunate not to have had to ask my parents for anything over the years. My brother and sister, by contrast, ha...
‘Edge of a swamp’: JPMorgan strategist sees ‘one time only sale’ in fixed income as U.S. economy slows
Fixed-income yields “all look good,” and you might want to get some while you still can, according to JPMorgan Chase & Co.’s David Kelly. It’s a “one time only sale,” said Kelly, chief global stra...
Here’s exactly when the majority of families start saving for college — but experts say that’s simply not good enough
Indeed, should you pull a Swift one and start thinking about your kids’ college — or even saving for it — before your kids are born? Valerie Macon/Agence France-Presse/Getty Images Taylor Swift, with ...
We’re retired and recently lost $100K from our portfolio. Our adviser said ‘we could lose another $100K in 2023.’ Is that crazy?
Should you decide to switch advisers, be clear about your expectations and get a good understanding of the new adviser’s investment philosophy. Getty Images/iStockphoto Question: I retired in October ...
Qi Blockchain Fastens Ecosystem’s Advancement via Its QIE Wallet & Web3 Banking
Advertisement     Well-performing blockchain platform Qi is hell-bent on pushing to become a leading player in the cryptocurrency space. The blockchain is pleased to u...
6 essential value drivers in banking for 2023 amidst bleak economic outlook
A new study has suggested that the global banking sector is facing a troubled future, with the economic outlook facing potential downturns such as a possible recession. With a gloomy environment, the ...
‘Best in 15 years.’ This investment is now offering a guaranteed return of up to 4.78%. Should you bite?
Is a certificate of deposit right for you?. Getty Images Certificates of deposit (CDs) let you deposit your money for a predetermined amount of time at a fixed interest rate and collect your earnings ...
QIE Wallet & Web 3 Banking – The Entry Point To QI Ecosystem
Having emerged as a significant player in the crypto space, Qi is leaving no stone unturned to achieve every possible milestone. The blockchain has developed an advanced ecosystem around it, which not...
6 leading real estate economists and pros on what to expect from the housing market this winter
Getty Images Some aspiring homebuyers are in for some much-needed relief. “Right now might appear more appealing to some buyers because, recently, the housing market has been cooling. Prices are dropp...
Bank of America trims CEO Moynihan’s pay by about 6% to $30 million
Bank of America Corp. BAC, +0.83% said in a filing late Friday that its board has approved a 6.3% cut on Chief Executive Officer Brian Moynihan’s pay in 2022. Moynihan receives $30 million, compared w...
Charlie Munger would be more bullish on bitcoin if he had time to study it, Michael Saylor says
“‘Charlie and the other critics, the members of the Western elite … are continually prodded for an opinion on bitcoin, and they haven’t had the time to study it.’” — Michael Saylor, co-founder and CEO...
We make $140K in Raleigh and hope to retire in about a year with $1 million. Is there a certain type of financial adviser we should be looking for?
Raleigh, North Carolina Getty Images/iStockphoto Question: I live in Raleigh, North Carolina. I’m about to turn 65 and looking to work maybe one more year. Our combined income is approximately $140,00...
Senate Banking Committee to Hold Second Hearing on Crypto Market Crash
The Senate Banking Committee of the United States Congress has planned a second hearing to investigate the effects that might result from a meltdown in the cryptocurrency market. Sherrod Brown, the ch...
U.S. Senate Banking Committee Schedules ‘Crypto Crash’ Hearing for February 14th
The U.S. Senate Committee on Banking, Housing, and Urban Affairs is primed to probe last year’s crypto crash on Valentine’s Day. The committee scheduled a hearing for February 14th at 10 a.m. titled “...
Thanks to payouts of 4% or more, the humble CD is making a comeback. Should you get one?
Should you get a certificate of deposit? Getty Images/iStockphoto Google searches for CD rates have jumped considerably in the past year. And no wonder: As the Fed keeps hiking interest rates, payouts...
ChatGPT, Banking on Ripple, Adoption Rising
Crypto News: Here are the most popular stories from the crypto world as featured in BeInCrypto in the past week. Big banks have taken a keen interest in the Ripple’s ongoing battle with the U.S. Secur...
Regardless of the Federal Reserve’s Caution, Change Is Coming to Money and Banking
When the tragic invasion of Ukraine began last February, Russian people eager to avoid entrapment in a war that vandalized reason turned to dollars. Get it? Not only do dollars liquefy a fair amount o...
Senate Banking Committee’s priorities for new Congress include crypto: Report
Senator Tim Scott, the Republican ranking member on the United States Senate Banking Committee, reportedly plans to develop “a bipartisan regulatory framework” for cryptocurrencies. According to a Feb...
Senate Banking Committee to Develop Bipartisan Regulatory Framework for Cryptocurrencies
Recent reports indicate that Republican United States Senator Tim Scott, who serves as the ranking member of the Senate Banking Committee, aims to build “a bipartisan regulatory framework”...
Banking Startup LevelField Aims to Become First FDIC-Insured Institution to Offer Crypto Services
Although LevelField may become the first FDIC-insured bank to offer crypto services, that does not mean the bank will necessarily offer a safer way to invest in volatile digital assets. FDIC insurance...
The Fed raised interest rates this week. So here’s what you should be earning on your savings account now
Savings accounts are already paying far more than they did even a year ago. Getty Images/iStockphoto On Wednesday, the Federal Reserve raised interest rates a quarter percentage point, and officials n...
15 dividend stocks whose 5% to 10% yields appear safe in 2023 and 2024 by this analysis
Corrected dividend stock screen table, because Hanesbrands had eliminated its dividend on Feb. 2. See note above table. If you are investing in dividend stocks, the last thing you want to see is a com...