Month: April 2021
Investing in Gold And Silver
Investing in gold and silver has long been a way to hedge against stock market turbulence. These precious metals have been commodities since the beginning of human civilization. And while they no longer back currency, they’re nonetheless lucrative investments in and of themselves.
If you’re enticed by the splendor of gold and silver, you’ll enjoy knowing that there are more than a few ways to invest in these assets. Whether it’s through commodity indices or ETFs—or even bullion—getting your hands on precious metals isn’t as difficult as you might think. Here’s a look at how to make gold and silver …read more […]
MindMed IPO on Nasdaq: Becomes Second Public Psychedelic Company
The MindMed IPO is making waves in the news. It will be the second psychedelics company to go public in the U.S. after the Compass Pathways (Nasdaq: CMPS) IPO last year. Although MindMed stock is available on foreign exchanges, this is the first time the company is trading on the U.S. markets.
Here’s everything you need to know…
MindMed IPO: The Business
MindMed is a clinical-stage psychedelic medicine and therapy company. It discovers and develops medicines to help patients with mental illnesses and addictions. This includes anxiety and ADHD.
On its website, the company shows the different phases its clinical trials are in. It …read more […]
A Secretary Yellen Crypto Tax Shouldn’t Worry Investors
The rumor mill was aflutter after talk of a so-called Janet Yellen crypto tax surfaced. The slippery-slope news rose after some details of the Biden Administration’s tax plan were revealed. President Biden’s American Family Plan is projected to include a sizable increase in the top federal tax rate on long-term capital gains and qualifying dividends. So, certainly crypto investors were next on the chopping block… Right?
Well, it could stand to reason that some updates in the tax code will be made to try and keep a closer eye on the crypto-sphere. And you know Uncle Sam’s not going to say …read more […]