While SPACs are a legitimate investment for individual investors, they usually lose out on their investment. Most experts believe that SPACs, or blank check companies, are not a good investment idea. Special purpose acquisition companies are a relatively new trend. Because investors get their money back if the SPAC doesn’t find an acquisition target, it […]
What are the Pros and Cons of Masterworks?
Masterworks is an art investment tool that charges high fees but allows the everyday person to own a share of a famous piece of art. It is an investment platform that uses the artwork as the investment portfolio. How does Masterworks work? Masterworks works much the same way as any other investment platform. You choose […]
What is the Difference Between Saving and Investing?
Most of us innately know that saving and investing are not the same, but do we understand the difference? Because clarity in this distinction can greatly impact one’s financial well being, realizing these difference is vital. The key is in two words: risk and liquidity. Savings are low risk funds that must be liquid (available) […]
Why Our Spiraling National Debt Makes the Roth IRA a No Brainer
If you could lock in your gasoline price today with the guarantee that it will never go up, wouldn’t you do so? Of course you would. I wish I knew how, but I don’t. However, I do know a way that you can lock in your income tax rates today so that you don’t have […]
How Should You Invest in 2012?
It’s hard to imagine that the financial crisis happened over three years ago. The ups and downs of the market over these past few years have been anything but stable. Just three years ago, you were probably looking at your retirement funds wondering where half of it went. Trust me, I know how discouraging it […]