When you listen to your favorite music on Spotify or YouTube, it’s not just music streaming sites that are making money or even musicians. Large financial institutions like Blackstone and BlackRock are investing in song catalogs of famous artists, from Neil Young and Pink Floyd to the Red Hot Chili Peppers, and more. With music...
Category: Investments
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Wealthy vs. Rich People: Decoding What Sets Them Apart
Shutterstock Wealthy vs. rich – aren’t those just two terms describing the same thing? Maybe. But then again, maybe not! Certainly, both terms describe a financial state, which can be either on the personal — or even national — level. And if you asked most people, they’d like to consider themselves both rich and wealthy....
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What Is an Arm’s Length Transaction in Real Estate, Stocks, & Crypto?
Shutterstock “Let’s keep things at arm’s length.” It may sound like a pretty colloquial thing to say, but if someone utters it to you in the context of a big purchase or an investment, they’re probably not playing around. That’s because in the money world, conducting a transaction at arm’s length versus non-arm’s length has...
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Why I Recommend Coinbase To All My Friends
Content is for informational purposes and is not investment advice. Past performance is not indicative of future results. Investing in cryptocurrency comes with risk. When I first heard about cryptocurrency at a family Christmas party, I, like most people, rolled my eyes and smiled politely at the dude-bro telling me that it was going to...
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VOO vs. SPY: Which Fund Should You Choose?
The Vanguard S&P 500 ETF (VOO) and the SPDR S&P 500 ETF Trust (SPY) are two of the most popular large cap exchange traded funds (ETFs) in the investment industry. Both are commonly found in professionally managed portfolios, including both traditional human-guided portfolios and those of robo-advisors. But is one fund better than the other?...
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Facet Wealth Review 2023
Most life decisions include a financial aspect, which means you might need a financial planner in your corner at some point. If you’re not comfortable navigating investing and big financial decisions on your own, Facet Wealth can provide you with guidance. Facet Wealth aims to help you invest in every facet of your life, regardless...
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Is House Flipping the Right Investment For You?
House flipping involves buying a house in need of repair, making the fixes, and selling it quickly for a profit. It’s a fairly simple idea, but the execution is anything but simple. Flipping a house isn’t an investment that most investors should take on. That said, for the right investor, house flipping can be extremely...
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403(b) vs. 401(k): A Deep Dive Into Their Similarities & Differences
Many employees don’t know the differences between 403(b) and 401(k) plans or even that there are differences. The two plans are very similar, both in their basic setup and in the way they work. But there are more subtle differences between the two that can lead to pretty significant changes in outcomes. Which plan would...
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Retirement Bucket Strategy: What It Is & How It Works
Shutterstock Usually, when people think about retirement, they focus on putting away money. They think about how much to save, where to invest it, and how many years they think they’ll need money. This part of preparing for retirement is certainly essential. But it’s equally important to create a workable withdrawal strategy, so you don’t...
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7 Best Biotech Stocks To Watch for a Healthier Future
Shutterstock Investing in biotechnology — manipulating biological systems and organisms to create new products — could impact your future in more ways than one. While biotechnology isn’t a slam-dunk on the stock market due to factors like the high cost of research and development (R&D), you can still profit from holding biotech stocks. When deciding...