If you walk up to somebody on the street and ask them to show you the contents of their wallet, they’ll probably give you a strange look and continue walking. But in the off chance that they agree to fulfill your suspicious request, you will probably find a few things in common within the wallets […]
Along with relationships, finance and money management is the one topic parents dread to talk to their kids about the most. While parents may be able to talk to their children about the basics of savings, discussions typically stop at that. Only about 30% of parents talk to their kids about investing money and saving […]
One of the most famous ratios used by value investors is the EV/EBITDA ratio, or the Enterprise Value to Earnings Before Interest, Tax, Depreciation, and Amortization ratio. Value investors use it to evaluate a company. The EV/EBITDA ratio is used with or instead of the P/E ratio. Let’s break down this ratio into two parts: […]
After the end of World War II, the world was in tatters. The war had severely damaged all of Europe, who needed to rebuild. As they recuperated, the US began to take charge of creating the new world order. Amidst this change, a new international economic system was necessary in order to foster a new […]
The COVID-19 pandemic has principally altered the condition of the United States economy, prompting a significant deviation from the typical amount of business activity seen in the past few years. Many companies have attempted to pivot to recent events through mergers and acquisitions — transactions where a company’s ownership changes or transfers to another business. […]
International trade has been an invaluable way for countries to make money and obtain goods. From 3,000 BC to the Roman Empire to the Age of Exploration and to modern-day, trade has been focused on commodities and other valuable goods. The countries that controlled the trade routes were able to obtain great wealth and power. […]
These past few weeks of heightened activism highlights that our nation is waking up to the injustices that our communities have faced for decades. Every person with common sense can acknowledge the rawness of the abuse people of color experience in this country, from the ongoing indignities to the extreme violence, like the horrendous killing […]
With the stock market reaching record highs, many investors have good reason to be worried about a potential correction. With an unstable political climate and an unceasing US-China Trade War, the Dow’s continued ascent towards 30,000 appears to be part of a growing bubble. Yet, inflation numbers continue to hover around 1.8% annually. If investors […]
Unfortunately, the total amount of consumer debt in the United States is about 13.86 trillion. The average American has about $38,000 in personal debt. Debt not only ruins credit as it can also lead to negative emotional effects like low self-esteem and stress. Luckily, there are ways to take control of your debt. Debt Basics […]
Tesla is one of the most recognizable names in the electric vehicle market. Under the leadership of company CEO Elon Musk, Tesla has changed the perception and status of EVs in society. The company’s flagship car, the Model S, spurred Tesla’s growth upon its inception. The lineup then expanded with the Model X SUV and […]