Category: Finance

January 13, 2022

Pump-and-dump is a manipulative scheme that attempts to boost the price of a stock or security through fake recommendations. These recommendations are based on false, misleading, or greatly exaggerated statements. The perpetrators of a pump-and-dump scheme already have an established […]

January 7, 2022

The Federal Trade Commission has adjusted the maximum civil penalty dollar amounts for violations of 16 provisions of law the agency enforces, as required by the Federal Civil Penalties Inflation Adjustment Act (FCPIAA) Improvements Act of 2015. This Act directs […]

January 6, 2022

What Is Ordinary Income? Ordinary income is any type of income earned by an organization or an individual that is taxable at ordinary rates. It includes (but is not limited to) wages, salaries, tips, bonuses, commissions, rents, royalties, short-term capital […]

January 5, 2022

What Is Demonetization? Demonetization is the act of stripping a currency unit of its status as legal tender. It occurs whenever there is a change in national currency. The current form or forms of money is pulled from circulation and […]

January 4, 2022

What Is a Yield? Yield refers to the earnings generated and realized on an investment over a particular period of time. It’s expressed as a percentage based on the invested amount, current market value, or face value of the security. […]

January 3, 2022

Broadly construed, economic security is the ability of people to meet their needs consistently. It is connected to the concept of economic well-being and also to the notion of the modern welfare state, a governmental entity that commits itself to […]

December 23, 2021

A Federal Reserve note is a term to describe the paper demand liabilities of the Federal Reserve, commonly referred to as “dollar bills,” which circulate in the U.S. as legal tender. For practical purposes, the Federal Reserve note is the […]

December 20, 2021

The Opportunity Cost of a 401(k) Loan Notably, 401(k)s make a tempting borrowing option because they don’t require you to pass a credit check and the loan interest goes back into the borrower’s retirement account rather than to a lender. […]

December 17, 2021

Understanding Right of Redemption When an individual obtains a mortgage to buy a home, the home itself serves as the collateral for the loan. That means that the home owner forfeits ownership of the home if they default on their […]

December 14, 2021

IRA Contribution Limits As noted above, the most you can contribute to your Roth and traditional IRAs in the year to April 15, 2022 (for the 2021 tax year) and then again in the year 2022 to April 15, 2023 […]