No Picture
Trading Ideas

Request Crypto: Lots of Potential Upside to This Speculative Token

Request crypto is one of the latest tokens to benefit from being added to the Coinbase exchange. What’s more, the listing of this token is further proof of the big shift in the Coinbase philosophy.

It wasn’t long ago that a listing on Coinbase equaled a major stamp of approval. To get listed on Coinbase, crypto engineers had to jump though a lot of hoops. In the process, they really had to prove to Coinbase they were worthy of a listing. In this way, the exchange acted as a sort of crypto gatekeeper.
More recently though, Coinbase has changed its tune… As …read more […]

No Picture
Trading Ideas

What is an External Audit?

The Securities and Exchange Commission (SEC) requires public companies to issue financial statements. Before these statements become available to investors and the public, they need to undergo an external audit. This is an audit performed by an independent (external) accountant.
An external audit serves as an objective evaluation of a company’s financial records. Auditors make sure that the information presented is accurate, verifiable and transparent—and that it supports any financial claims made. It’s an important and imperative process for maintaining reputability as a public company.
External audits typically follow internal audits as part of a multifaceted approach to financial statement verification. …read more […]

No Picture
Trading Ideas

Reddit IPO: What Investors Should Know

Investors are eagerly waiting for the anticipated Reddit IPO. Co-founder Steve Huffman recently announced that the company has plans to go public at some point.
So, what’s the latest news on the anticipated Reddit IPO? Here’s what we know…
Reddit IPO: About The Business

The Company History
University of Virginia roommates Steve Huffman and Alexis Ohanion founded Reddit in 2005. The two wanted to build an app that could allow users to order sandwiches online. They exchanged ideas with Y Combinator in hopes that the seed funding incubator would back the idea.
The idea was shut down by Y Combinator partner Dr. Paul Graham. In …read more […]

No Picture
Trading Ideas

Living Off Dividends – How Much Do You Need?

Living off dividends is a dream.
Your money’s invested in an income producing asset.
On top of that, it can multiply for you without you having to do anything. In fact, it’s best if you don’t touch it.
Better yet, it’s making you passive income that you can either keep as regular income or reinvest.
The tax rate on this income is little to none. At the time of creating this post, single filers can make up to $40K and pay 0% in federal taxes. The next bracket up is 15% in taxes, and the next after that is 20%. It stops there.
These aren’t …read more […]

No Picture
Trading Ideas

Best Travel Stocks That Should Be on Your Radar

COVID-19 has had a significant negative impact on the travel industry. With the Delta variant having travelers questioning their vacation plans, many companies have suffered a second wave of profit loss. This has no doubt caused investors to question what the best travel stocks to buy are, if any at all. Tons of travelers are postponing trips again. There are many reasons to be concerned about investing in travel stocks right now.
However, if you look towards the short-term, say six months from now, many analysts believe the travel industry will rebound. Even though many travelers are postponing, there are still …read more […]

No Picture
Trading Ideas

6 Best Stock Market Movies to Watch

Many screenwriters like to choose high-pressure situations. They show people at their absolute best or worst as the basis of their movie. Due to this, there are plenty of movies based around sporting events, wartime situations and superhero/villain standoffs. However, if there was ever a high-pressure environment where people are seen at their best (or worst), it’s the stock market.
It should be no surprise then that there are some truly spectacular stock market movies out there. They’re definitely worth watching. If you aren’t familiar with stock market movies, I’ve gone ahead and selected a few of the top ones that …read more […]