Electric vehicles had a record year in 2020, with consumers spending $120 billion on electric car purchases — a 50% increase from 2019. The numbers for 2021 are projected to eclipse those figures handsomely when the data is computed.
Several players currently dominate this market.
» Read more about: 3 Electric Vehicle Stocks to Hold for 10 Years »
Money and banking have been a major topic of concern since the most recent conflict, and the invasion of Ukraine began on February 24, 2022. Even before the military invasion, Ukraine was one of the largest crypto adopters in the world, along with Russia and Venezuela. As the world looks to isolate Russia with sanctions,
This is the remarkable story of how SoFi, a firm that began as a student lender, has become the trojan horse of the banking industry.
The story begins with the stats. In the United States, 43.4 million people have outstanding federal student loans, which equates to nearly 20 percent of the nation’s adult population.
Historically, dividend stocks have been a great way to create wealth, yielding higher returns and lower volatility, on average, than companies that do not pay dividends.
Over time, dividend income increases can be enormously profitable. Take Warren Buffett’s investment in Coca Cola as an example. When factoring in dividend increases and stock splits,
The international response to the Russian invasion of Ukraine has been rapid and stern. In addition to individual sanctions placed on Putin and much of his cabinet, the Russian banking system has been crippled by having its assets frozen and exclusion from the SWIFT network relied on by international banks for secure data transmission. The effects could be wide-ranging and have repercussions far into the future.
» Read more about: Russian Ruble Crashes, The BIG Winner Is… »
Since Russia’s ill-advised and universally condemned attacks on and invasion of Ukraine on February 24, 2022, investments linked to the country have, in a word, tanked.
After countries of the west imposed harsh financial sanctions and cut the oligarch haven off from international banking, Russia’s domestic economy has been crippled, and its ongoing concerns abroad have been severely impaired.
» Read more about: Is Your Portfolio (Unwittingly) Exposed To Russia? »
The concept of currency dates back to the dawn of civilization. Over the centuries, everything from salt to dolphin teeth has been assigned value for the purpose of buying and selling goods and services. Gold and silver might hold the record for most-widely-accepted currency, but metals were eventually deemed impractical for everyday use.
» Read more about: Is This Crypto Bank Massively Undervalued? »
Many companies struggled through the pandemic, especially those in the travel industry. In 2020, travel restrictions were strict, and while many limitations remained intact throughout 2021, Airbnb proved they could weather the storm. Airbnb has a unique advantage compared to large hotel groups and the increases in vacation rentals available on its online marketplace prove the point.
As all eyes focus on Russia’s war with Ukraine, the knee-jerk reaction from investors has been to buy defense and oil stocks. But before we follow the herd we should be a bit more thoughtful and apply game theory to the situation as if we were sitting at the helm with Putin and forced to make decisions based on the interests of his people.
» Read more about: Russia Vs Ukraine: How Markets Will Be Affected »
You don’t need a lot of money to start investing in the stock market. If you have $300, buying Visa could be your first step to building a successful investment portfolio that generates strong returns throughout your life.
Why does Visa seem like such a good option? Let’s look at the company’s performance to understand more.
