Investing january effect

In the span of just a few years, cryptocurrencies have grown from digital novelties to trillion-dollar technologies with the potential to alter the global financial system for years to come. This trend is especially true for young investors. In fact, a survey conducted by NORC at the University of Chicago found that the majority of crypto investors are under 40. With their growing popularity, Bitcoin and other cryptocurrencies are considered to be notable investments. Below, we highlight the five most significant things to know about investing in crypto, and share tips on how new and seasoned investors alike can get started. Cryptocurrencies Are Growing in Popularity Investing in cryptocurrency has experienced significant growth over the past two years as roughly 61% of investors started investing in crypto between 2020 and 2021. The NORC survey also revealed that 26% of investors get their cryptocurrency investing information mostly through the crypto exchanges themselves, … [Read more...] about Five Things to Know About Investing in Crypto

Vehicles queue to refuel at a Bangchak petrol station in Bangkok. The cabinet agreed on Tuesday to cut the excise tax on diesel by 5 baht per litre for two months until July 20 to tame inflation. Sarot Meksophawannakul In economics, there is no such thing as a surprise. Major economic events like rising inflation, interest rate hikes, currency depreciation, even economic recession can be detected as far as a year ahead. Take the recent spike in global inflation as an example. The rapid price rise of world commodities began a year before Russia's invasion of Ukraine on Feb 24. The rise in a broad range of commodity prices reflected the recovery in demand after the outbreak of Covid-19 and deteriorating supply due to a lack of investment to expand and maintain supply chains during the Covid years. Here are some examples of commodity price hikes from January 2021 to January 2022, basically a month before Russia invaded: crude oil climbed 57%, phosphate (a key ingredient for … [Read more...] about Spectre of 2023 global recession looms

Since the creation of Bitcoin in 2009, cryptocurrencies and digital assets have soared in popularity. In fact, a recent poll found that 21% of American adults have invested in cryptocurrency, a figure that’s likely to increase in the year ahead. Created by the pseudonymous developer Satoshi Nakamoto, Bitcoin (BTC) is the most popular cryptocurrency, with its total value at times exceeding $1 trillion. One important benefit of Bitcoin and other cryptocurrencies is that they are a unique asset class that can offer the opportunity for diversification. If you’re interested in adding cryptocurrency to your portfolio, understanding the different types of coins and their historical performance can help you become more confident in your investment decisions. Below, we share some of the key things to know about cryptocurrency investments—and how to make them work for you. Understand the Risks and Benefits of Crypto Investing One of the reasons cryptocurrencies are gaining … [Read more...] about How to Make Cryptocurrency a Part of Your Portfolio

Share to Twitter Share to Linkedin By Maria Thimothy, sr. consultant at OneIMS , helping businesses grow by creating and capturing demand and managing and nurturing relationships. In the world of business, profits are king and the bottom line is, well, the bottom line. Businesses continually seek to improve their profit margins by either investing in areas they deem profitable and/or cutting costs in areas they consider unprofitable. Unsurprisingly, marketing often falls into the latter category and is considered an unnecessary expenditure that does not translate into immediate measurable sales and profits. Indeed, marketing efficacy can be difficult to measure if a business is unclear about what it wants to achieve via marketing. However, marketing should not be viewed only within the investment-profitability paradigm, but instead should be seen as an important tool to be used in tandem with all areas of a business to boost overall long-term … [Read more...] about Marketing Through The Various Stages Of Your Business

For many investors, retirement planning represents the bulk, or even the sum total, of their investment activity. As of 2020, there were roughly 60 million active 401(k) participants, in addition to former employees and retirees. But while millions of adults in the United States contribute toward retirement, views on retirement investing and all that goes along with it are anything but uniform. Investopedia conducted a online survey of 4,000 U.S. adults to quantify Americans’ understanding of financial literacy on a generational level, from baby boomers down to Generation Z. Below, we explore some of the top findings of this survey as it pertains to retirement investing and planning. Key Takeaways A small majority of U.S. adults expect to retire, with Gen Z the most optimistic about retiring early. Two-thirds of millennials and Gen X adults are planning for retirement, as are 42% of Gen Z members. Younger generations believe that cryptocurrencies will feature … [Read more...] about Multigenerational Survey Shows How Retirement Planning Is Changing

- A + A (May 18): Asian sponsors of blank-check firms are facing a tough market for initial public offerings wherever they turn, as a combination of increasing regulatory scrutiny and fading investor demand shutters the window for new listings from the US to Asia. In the past three months, at least six Asia-related special purpose acquisition companies seeking a combined $1.3 billion from US IPOs have been scrapped, according to data provider SPAC Research. Of 12 blank-check firms that have filed to go public in Hong Kong, only one has actually started trading. It’s a similar pattern in Singapore, where SPACs have stalled after three inaugural IPOs in January. “The global IPO market has obviously been very quiet so far this year,” Paul Uren, JPMorgan Chase and Co.’s Asia Pacific head of investment banking, said in an interview with Bloomberg TV. “What we need to see for that to change is lower volatility and investors with more of a risk-on mentality.” Asia was … [Read more...] about Asia’s SPAC Hopefuls Have Nowhere to Turn As IPO Market Shuts

- A + A (May 18): Asian sponsors of blank-check firms are facing a tough market for initial public offerings wherever they turn, as a combination of increasing regulatory scrutiny and fading investor demand shutters the window for new listings from the US to Asia. In the past three months, at least six Asia-related special purpose acquisition companies seeking a combined US$1.3 billion from US IPOs have been scrapped, according to data provider SPAC Research. Of 12 blank-check firms that have filed to go public in Hong Kong, only one has actually started trading. It’s a similar pattern in Singapore, where SPACs have stalled after three inaugural IPOs in January. “The global IPO market has obviously been very quiet so far this year,” Paul Uren, JPMorgan Chase and Co’s Asia Pacific head of investment banking, said in an interview with Bloomberg TV. “What we need to see for that to change is lower volatility and investors with more of a risk-on mentality.” Asia was … [Read more...] about Asia’s SPAC hopefuls have nowhere to turn as IPO market shuts

Share to Twitter Share to Linkedin Topline A group of Wisconsin voters filed a lawsuit in state court Tuesday against the “fake” electors who submitted alternate election results to Congress claiming former President Donald Trump won in 2020, the first such lawsuit filed against any state’s “fake electors” as the voters try to stop the scheme from happening again in the future. Key Facts The plaintiffs, which include several legitimate electors who elected President Joe Biden in Wisconsin’s Electoral College vote, sued 10 GOP electors who cast alternate votes for Trump, as well as two attorneys who aided their efforts. The lawsuit alleges the fake electors’ actions constituted a civil conspiracy and an illegal public nuisance, and were in violation of a law that makes it illegal to “usurp, intrude into or unlawfully hold or exercise any public office” in the state. The alternate electors met at the same time as the official ones and … [Read more...] about Wisconsin Voters Sue State’s ‘Fake Electors’ Who Fought 2020 Election Result

When US Secretary of the Treasury Henry Morgenthau opened the Bretton Woods Conference almost 80 years ago, he reminded delegates that failures of international cooperation had led to the Great Depression, social division and ultimately war. "Prosperity, like peace, is indivisible," he concluded, "we cannot afford to have it scattered here or there among the fortunate ... Poverty, wherever it exists, is menacing to us all." That message speaks across the ages. We are again facing global challenges that can be met only through international cooperation. Large swaths of the developing world are being excluded from global prosperity. Extreme poverty is rising. And yet multilateral cooperation is paralysed by complacency, petty rivalries and inward-looking nationalism. Consider this year's International Monetary Fund and World Bank spring meetings, which offered an opportunity to mobilise the finance needed to prevent wholesale reversals of progress toward the 2030 Sustainable … [Read more...] about Can we still unite to do big things?

MRT Corp chief executive officer Datuk Mohd Zarif Hashim (The Edge filepix by Sam Fong) - A + A JOHOR BAHRU (May 18): The Johor Bahru-Singapore Rapid Transit System (RTS) Link project is expected to play a major role in boosting economic activities, potentially becoming as huge as the Hong Kong-Shenzhen Western Corridor. Mass Rapid Transit Corporation (MRT Corp) chief executive officer Datuk Mohd Zarif Hashim said the RTS Link project’s value cannot be measured only from the point of view of its construction, as it should also take into account how it would be able to attract investments in the long run. “Investments made by the government should provide returns in the short and long term, so we are letting the people around the world know that there are plenty of opportunities to invest in Johor Bahru due to this RTS project. “Our wish is that one day the Johor Bahru-Singapore corridor will be a rival or match to the Shenzhen-Hong Kong corridor…that’s what we … [Read more...] about RTS Link can be as big as Hong Kong-Shenzhen Western Corridor