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Roth IRA | Why you SHOULD have one
Are you tired of paying taxes on your capital gains? Want to save for retirement tax-free while controlling what you invest in, then a ROTH IRA is for you. If you are using a regular brokerage account and plan on saving for retirement that way, you are doing it all wrong; a ROTH ira is…
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Cloud Computing in the Financial Industry
Guest Post by Dev Ops Engineer: Cetin Guzel Cloud Computing has been around for almost two decades, Google CEO Eric Schmidt first introduced it at a conference on August 9, 2006. What is the Cloud? and how can it impact the financial industry? The Cloud is practically the internet. Like using a computer remotely, if…
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Buying $SLV to Hedge Against Inflation
The U.S dollar is in trouble. The U.S federal debt is over 25.5 trillion, and the current actual federal budget deficit is $3.6 trillion. If you are holding cash, it is essentially trash right now, inflation is eating your hard-earned money, and the more government is printing, the worse it will get. Federal debt is…
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Is Whole Life Insurance a Scam?
Whole life insurance is known as a bad investment, but people still fall for purchasing it. Whole Life insurance is sold by sleazy businessmen who are looking to profit off collecting your premium payments. Whole life insurance can cost anywhere from 5 to 10 times more than a term life policy with the same initial…
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$LBPS The Next Big Biotech Drug Approval
$LBPS was originally $LOAC which was a SPAC that merged on March 17th, 2021 it merged with 4D Pharma: Leaders in Live Biotherapeutic Products (LBPs) to Revolutionize Treatments for Numerous Medical Conditions. Now the trick with this SPAC is not play the merger and get out early. This SPAC is all about the PRODUCT HITTING THE MARKET and gaining traction in…
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Short-Selling & Lesson for GME Investors
As a Co-Founder of FF101 it is a goal of mine and my partner to educate young adults in current and future market trends. We have reviewed SPACs, Stock Splits, Crypto, Real Estate, Moving Averages, and much more. Today we want to discuss the BIG topic of SHORT-SELLING. Short-selling works this way: An investor, who…
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Pros & Cons of Stocks, Mutual Funds, Bonds, & ETFs
The stock market plays a vital role in our economy. There thousands of stocks in the stock market and it could be a powerful place to put your money. All company shares are issued and traded on the New York Stock Exchange. Investing in the stock market is a way to grow your money while…
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Economic Concerns of 2021
#1 Printing Money Printing money, Is it okay? Everyone else is doing it why should I be concerned about the value of the dollar if the EU, GB, Japan, China, and other nations are printing money to fund the pandemic. The US has printed about $9 Trillion in 2020 which equates to about 22% of…
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$ACTC Biden’s Climate Change Plan
$ACTC is merging with Proterra with a transaction value of $1.6B. Proterra is a SPAC with an amazing management team and a product that already runs out on the road without you even knowing. Some interesting personnel worth pointing out on their leadership team first is Audrey Lee. Audrey is the ex VP of Sunrun…
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$IPOE The Future of Financial Services
$IPOE is merging with SoFi with a post transaction equity value of $8.7 billion. This is an incredible company in banking and fintech. This is anew section of fintech bring the likes of lending and financial services all in one. No long will you need several financial accounts, SoFi is here to be the all…
Financial Freedom 101 