According to The Motley Fool, the marijuana industry is expected to reach $146 billion by 2025. In November of 2019, a historic bill was passed to legalize marijuana on the federal level. A 5% tax was included in all cannabis products to help those affected by the war on drugs Read more…
“People need banking, not banks.” Ranjit Sarai Facebook is one of the next tech giants trying to enter into the financial services space. Facebook is in the process of developing a new digital currency called Libra. Libra.org describes Libra as “A simple global currency and financial infrastructure that empowers Read more…
“Some people don’t like change, but you need to embrace change if the alternative is disaster” – Elon Musk Wall Street is declaring Space as the next trillion-dollar industry. Billionaire entrepreneurs like Richard Branson, Elon Musk, and Jeff Bezos are at the forefront of human space travel. Branson’s Virgin Read more…
“Banks have to upgrade themselves or risk being burnt to the ground” – JP Nicols Google announced that it will now offer a checking account in 2020. Google is not the only tech giant trying to enter into the world of finance. In 2019 Apple launched its long-awaited “Apple Read more…
What is FinTech? Financial Technology, aka FinTech, is a technology used to improve and automate the use of financial services. FinTech is the 21st century competitor of traditional banks. FinTech offers a faster service. Online banks and bank apps allow consumers to make financial transactions anywhere and anytime. Unlike Read more…
“Money is not the only answer, but it makes a difference.” – Barack Obama It’s a new year and a new decade. That means setting new goals and creating new habits. Taking control of your finances should be a top priority in your New Year’s resolution. Here are a seven Read more…
“Behind every stock is a company. Find out what it’s doing.” – Peter Lynch The stock market is divided into different sectors that provide unique qualities to each investment portfolio. Before jumping into the stock market, take the time to learn about the various stock market sectors. There are 11 Read more…
“In the long run, it’s not just how much money you make that will determine your future prosperity. It’s how much of that money you put to work by saving it and investing it.” —Peter Lynch Access to affordable and quality health care is a huge topic in today’s society. Read more…
“Risk comes from not knowing what you are doing” – Warren Buffett When learning about the basics of stocks it is important to understand the different types of stocks. Every stock does not fit every occasion. Some stocks provide short-term cash, some provide long-term capital growth, and some stocks provide Read more…
“Unfortunately, in a recession, the people who suffer the most aren’t the rich, but the wanna-be rich and the poor.” – Robert Kiyosaki While it is impossible to know exactly when the next recession will hit, many economists are predicting that the next economic decline will be by 2020. According Read more…