Month: January 2021

Becoming an investor is the new American dream, just like home ownership was before

by  on  in Investor

Vlad Tenev, CEO of Robinhood

Source: Robinhood

I was born behind the Iron Curtain. For people in my native Bulgaria managing money was a simple proposition with just two options — keeping savings in the state bank or stashing it under a mattress. Investing, of course, was off the table, as was accessing a line of credit. And financial education, even for economists like my father, involved a lot of fast talking to get a hold of counter-revolutionary texts like Adam Smith’s “The Wealth of Nations.” 

The Berlin Wall fell while I was still a kid and my family’s move

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Steps to Starting a Buy and Sell Business in the Philippines

by  on  in Buy and Sell

A buy and sell business is one of the easiest and cheapest small business ideas in the Philippines. You don’t need a business-related degree (though having one is an advantage) and large capital. Anyone—even college students, stay-at-home mothers, and inexperienced people—can start this kind of business for as low as PHP 10,000.

Buy and sell businesses can be profitable, too. Pinoys love good bargains in small quantities (also called tingi) but don’t have the time, energy, and patience for shopping at places like Divisoria. As a reseller, you buy cheap items in bulk and sell them in retail at

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U.S. stocks book worst daily losses since October as Powell stresses long road to recovery and short squeeze drama plays out

by  on  in Investor

Stocks closed sharply lower Wednesday, leaving the Dow and S&P 500 index negative for 2021, on mixed earnings reports and after Federal Reserve Chairman Jerome Powell underscored the long road to economic recovery ahead, following the central bank’s first policy meeting of 2021.

Investors also were transfixed by trading in videogame retailer GameStop Corp. GME, which has surged more than 1,700% this month, as well as in a few other key heavily shorted stocks favored by an army of individual investors organized via Reddit’s wallstreetbets forum.

How did major benchmarks perform?
  • The Dow Jones Industrial Average
    DJIA
    skid 633.87
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Agribusiness – Wikipedia

by  on  in Production

Agriculture-related industry

Agribusiness is the business of agricultural production which involves the production, protection, sales and marketing of the product to satisfy the customers need. The term is a portmanteau of agriculture and business and was coined in 1957 by John Davis and Ray Goldberg.[1] It includes agrichemicals, breeding, crop production (farming or contract farming), distribution, farm machinery, processing, and seed supply, as well as marketing and retail sales. All agents of the food and fiber value chain and those institutions that influence it are part of the agribusiness system.

Within the agriculture

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Top SPAC Merger News This Week: 10 Red-Hot SPACs to Watch

by  on  in Investor

Editor’s Note: This article was updated on Jan. 25, 2021, to correct the current ticker for Queen’s Gambit.

The week may be winding down, but it seems like SPAC merger news continues to heat up.

"Going Public" is displayed in white text on a digital ticker tape.

Source: Shutterstock

In fact, this week brought major moves in more than ten special purpose acquisition companies. For investors less familiar with this world, SPACs are public companies that merge with private companies. Essentially, SPACs help private businesses avoid the IPO process. Importantly, following the pandemic selloff in March, investors have had a huge appetite for new offerings. That means SPAC mergers have dominated the

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