The peer-to-peer digital currency bitcoin made its debut in 2009, ushering in a new era of cryptocurrency. While tax authorities, enforcement agencies, and regulators worldwide are still debating best practices, one pertinent question—is bitcoin legal or illegal? The answer—depends on the location and activity of the user. Bitcoins are not issued,Continue Reading


Investment management fees for exchange traded funds (ETFs) and mutual funds are deducted by the ETF or fund company, and adjustments are made to the net asset value (NAV) of the fund on a daily basis. Investors don’t see these fees on their statements because the fund company handles themContinue Reading


When portfolio managers talk about strategies for success, they often refer to risk diversification and money management. These strategies separate investors who are successful because of knowledge and skill from those who are merely lucky. Now, don’t be mistaken: luck isn’t a bad thing to have. But having the foundationalContinue Reading


In July 2011, the Consumer Financial Protection Bureau (CFPB), a federal government agency, began collecting consumer complaints about credit cards. Since then, it has expanded to collecting complaints about mortgages, bank accounts, student loans, consumer loans, credit reporting, money transfers, and debt collection. If you have a complaint about oneContinue Reading


Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Company: Pershing Square Tontine Holdings, Ltd. (PSTH) Business: Pershing Square Tontine Holdings is a special purpose acquisition company (“SPAC”). The firm does not have significant operations. It intends to effect a merger, capital stock exchange, assetContinue Reading


Posted June 12, 2021 by benc Took this shot of the sun setting on the west side of Manhattan from the intersection at 45th and Park Avenue around dinner time Thursday night. The building facade on the left is officially called 230 Park but New Yorkers only know it byContinue Reading