Author: finance.growthvessel.com
Webull’s SPAC deal worth $7.3 Billion: look out Robinhood
•
Online investment platform Webull is set to join the public arena through a merger with a special purpose acquisition company (SPAC) known as SK Growth Opportunities Corporation. This move, valued at $7.3 billion, holds significant promise for both Webull and the broader online brokerage industry, potentially paving the way for…
US Stock Market See A Surge From Foreign Investors
•
The US stock market has long been a magnet for international investment, and recent data suggests a surge in interest from British investors. This trend highlights the dynamic nature of global investment and the potential benefits of a diversified marketplace. While the specific timeframe requires further analysis, British investors are…
Financial Trauma And It’s Impact On Your Future Wealth
•
Financial trauma, the emotional and psychological distress caused by negative financial experiences, is a growing concern with significant individual, familial, communal, and economic consequences. Understanding its multifaceted nature is crucial, especially in today’s volatile economic climate characterized by rising interest rates, stock market fluctuations, and real estate slowdowns. Understanding Financial…
Supercharge Your Portfolio: The “Borrow, Split, Repeat” Leverage Strategy
•
Are you looking to supercharge your portfolio growth and potentially achieve exponential returns? The traditional investment strategies may feel slow and limited. Enter the “Borrow, Split, Repeat” strategy, a dynamic leverage approach designed to amplify your investment potential. This method utilizes borrowed capital to propel your portfolio forward, but with…
Comparing Investment Vehicles for Wealth Building: custodial accounts
•
In the ever-evolving landscape of financial planning for your child’s future, selecting the right investment tool is paramount. In this comprehensive guide, we delve into the nuances of three prominent options: the 529 savings account (featuring the latest 2024 rule changes), Custodial Roth IRA, and Custodial Brokerage. Understanding the 529…
U.S. Treasury Yields Rise After Drop in Durable Goods Orders
•
U.S. Treasury yields experienced a slight increase on Tuesday, following a drop in durable goods orders. According to the Commerce Department, orders for long-lasting goods such as appliances and cars fell 1.1% in January, marking the biggest decline in eight months. This drop was attributed to a decrease in demand…
The Catalyst Behind The Recent Surge In Bitcoin Price
•
The price of Bitcoin (BTC) has soared past the $55,000 mark, achieving a level not seen since November 2021. This significant resurgence in the world’s leading cryptocurrency follows a period of relative stability and demonstrates a renewed bullish sentiment in the market. Navigating BTC’s Volatility: A Look Back at the…
A Step-by-Step Guide to Filing Federal Taxes
•
Tax season can be stressful, and for many Americans, it’s a time of uncertainty. According to a 2023 survey by the National Retail Federation, nearly half of all Americans (46%) reported feeling anxious about filing their taxes. However, this year there’s some good news that might alleviate some of that…
Comparing the 30-Year Mortgage with the New 40-Year Mortgage
•
The decision to embark on the journey of homeownership or investment involves a myriad of considerations. The choice between a 40-year mortgage and a 30-year mortgage extends beyond mere loan terms; it delves into the nuances of personal finance and investment strategy. In this comprehensive exploration, we dissect the multifaceted…
Tech Takent in Flux: Beyond Layoffs, New Horizon in 2024
•
Where Did They Go? Navigating the Shifting Landscape of Tech Layoffs in 2024 The tech industry, once a beacon of stability and growth, has experienced a wave of layoffs in 2024, leaving many wondering about the fate of displaced workers and the potential impact on household income. While the initial…
Google’s Gemini: AI Revolutionizes Advertising & Business
•
Google’s Gemini Disruptive Force in Advertising and Business The digital marketing landscape is experiencing an earthquake, and at its epicenter stands Google’s Gemini, a revolutionary AI model surpassing human performance in key areas. This isn’t just another tech buzzword; it’s a game-changer poised to reshape how businesses connect with their…
Chip Powerhouse Deal: How Microsoft & Intel Are Shaping the Future
•
Microsoft and Intel Forge a Chip Deal for the Future: 18A Processors Promise Power and Transformation The tech world witnessed a seismic shift in February 2024 with the announcement of a game-changing partnership: Microsoft entrusting Intel’s cutting-edge 18A process technology for its next-generation custom chips. This multi-billion dollar pact, valued…
Debt Relief, Home Down Payment: 2024 Retirement Changes
•
Supercharge Your Future: Taking Advantage of 2024’s Retirement Account Updates The average American retires with only $296,000 saved, falling short of a comfortable retirement for many. But 2024 brings good news for retirement planning with changes to 401k and Roth IRA plans. Let’s delve into how these updates can help…
AI Bubble and How Households Can Prepare
•
The whispers of an “AI bubble” are swirling, raising concerns about a potential tech stock correction. But is this just another cycle of hype and bust, or something more nuanced? Let’s delve into the complexities of AI’s impact on the market, and how households can navigate the changing landscape of…
Capital One to Acquire Discover Financial in a Landmark $35.3 Billion Deal: What It Means for the Economy and Your Wallet
•
The financial landscape is poised for a shakeup with the news of Capital One’s planned acquisition of Discover Financial in an all-stock deal valued at a staggering $35.3 billion. This megadeal, if approved by regulators, would create a combined entity with over $400 billion in assets, making it the fourth-largest…
Recession Outlook: Will the Fed Cut Interest Rates in 2024?
•
The Federal Reserve is a powerful institution that plays a key role in the health of the US economy. One of the ways the Fed influences the economy is by setting interest rates. Lower interest rates can stimulate economic growth, while higher interest rates can slow it down. In recent…
From Broke to Bougie: unlock your financial potential with WealthPad
•
Welcome to WealthPad: Your Launchpad to Financial Freedom! Are you ready to transform your relationship with money, build lasting wealth, and empower yourself on your financial journey? Look no further than WealthPad, your one-stop hub for financial literacy, expert insights, and a supportive community. What is WealthPad? Think of WealthPad…