Category: Investing News

The 5 Countries That Produce the Most Sugar

The 5 Countries That Produce the Most Sugar

About 80% of the world’s sugar is produced from cane grown in tropical and subtropical climates. The remaining 20% comes from sugar beets, which are grown mostly in the temperate zones of the Northern...

How FanDuel and DraftKings Work

How FanDuel and DraftKings Work

The sports betting industry rakes in hundreds of millions of dollars each year, thanks to a loophole in the law against gambling. While there are several different fantasy sports sites out there, two startups...

How Safe Is Venmo and What Are Its Fees?

How Safe Is Venmo and What Are Its Fees?

What Is Venmo? Venmo started out as a free-of-charge peer-to-peer (P2P) payment app available for iPhones and Android phones. That service is still free, as is using Venmo to pay participating merchants, who now...

How Do Real Estate Agents Get Paid?

How Do Real Estate Agents Get Paid?

If you’re in the market to buy or sell a home, odds are you’ll work with a real estate agent to help you through the process. Most real estate agents are paid for their...

What Is a W-9 Form and How Is It Used? A Guide

What Is a W-9 Form and How Is It Used? A Guide

IRS Form W-9, Request for Taxpayer Identification Number and Certification, is used by businesses to get tax information from external parties. The information provided on Form W-9 informs the company of what information to...

Why Athletes Go Broke

Why Athletes Go Broke

Pro athletes often come under fire for making too much money. Yet a surprising number are far from the top of their game when it comes to managing their wealth. A 2009 Sports Illustrated...

E*TRADE vs. TD Ameritrade

E*TRADE vs. TD Ameritrade

TD Ameritrade and E*TRADE are both very large brokerage firms that have been in the online trading business from its early days. E*TRADE was formed in 1982 as an online broker, while TD Ameritrade...

How Does a 401k Benefit the Employer?

How Does a 401k Benefit the Employer?

A 401(k) is a type of qualified retirement plan offered by many employers that allows an employee to deposit pre-tax dollars from each paycheck into a retirement account. The employer may match a set...

Top Financial Career Options

Top Financial Career Options

Jobs in the financial sector can be highly lucrative, which helps explain why they’re in such great demand. Of course, breaking into the world of finance isn’t easy, as entry qualifications can be as...

529 Risks to Take (or Not)

529 Risks to Take (or Not)

Many people begin looking into tax-advantaged 529 plans soon after the arrival of their first baby. But it can be daunting for a first-time saver (and sleep-deprived parent) to sort through the many different...

What Are the Main Types of Mortgage Lenders?

What Are the Main Types of Mortgage Lenders?

Shopping for a lender can feel confusing and a little intimidating. With so many companies and types of lenders to choose from, you might feel analysis paralysis. Understanding the differences between the main types...

The World’s Top Oil Producers

The World’s Top Oil Producers

Oil generates revenue for countries with enough oil reserves to produce more oil than they consume. And for those economies that are heavily dependent on imports, oil expenditures must be factored into national budgets....

Introduction to Treasury Securities

Introduction to Treasury Securities

When it comes to conservative investments, nothing says the safety of principal like Treasury securities. These instruments have stood for decades as a bastion of safety in the turbulence of the investment markets—the last...

How To Read Your 401(k) Plan Reports

How To Read Your 401(k) Plan Reports

If you participate in a 401(k) plan at work, your employer is required to provide you with a summary annual report (SAR) each year. While perhaps not the most exciting reading, it contains important...

How To Start a Private Foundation

How To Start a Private Foundation

What Is a Private Foundation? Like public charities, private foundations are defined under section 501(c)(3) of the Internal Revenue Code (IRC), which grants tax-exempt status. In fact, “private foundation” is the default status given...

Can I Own MLPs in My Roth IRA?

Can I Own MLPs in My Roth IRA?

Yes, you can invest in a master limited partnership (MLP) for your Roth individual retirement account (IRA), but you’ll need to be aware of the special tax rules on these investments. The rules become...