If you’ve been diligently saving for retirement through your employer’s 401(k) plan, you may be able to convert those savings into a Roth 401(k) and gain some added tax advantages. Key Takeaways Many companies have added a Roth option to their 401(k) plans. Traditional 401(k)s and Roth 401(k)s are taxed differently; traditional ones use pre-tax
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Bakkt Holdings (NYSE:BKKT) stock has garnered recent attention primarily because it is a catchall for the digital economy. The world is eager to understand how to capitalize on what many see as a revolution in digital assets.  Source: Shutterstock The firm operates a regulated platform allowing consumers to store “digital assets, access liquidity and trade,
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Rivian’s (NASDAQ:RIVN) electric vehicles are getting superb reviews, and the company appears to be generating strong buzz. Also importantly, I still believe that Wall Street “has the back of” RIVN stock, and the automaker’s impressive partnership with Amazon (NASDAQ:AMZN) remains intact. Source: Miro Vrlik Photography / Shutterstock.com Finally, the downturn of Rivian’s shares in the
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SoFi (NASDAQ:SOFI) reported third-quarter results that showed strength in some areas. But the company remains unprofitable and its EBITDA actually dropped year-over-year last quarter, while a number of the bulls’ main theory theories on the company appear to be misguided. Moreover, boding badly for SOFI stock, many entities sold the shares in recent months, and
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Robinhood Markets (NASDAQ:HOOD) stock has played out the full boom and bust pattern inside the space of six months. Like so many other meme stocks, Reddit’s preferred stock trading platform went through its own hype cycle this year. Source: Sulastri Sulastri / Shutterstock.com Robinhood completed its initial public offering (IPO) at the end of July
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We have a very fun guest and that is Joe Brown of Heresy Financial. Joe is most known for his youtube channel, providing entertaining videos on a wide range of financial topics. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:00:16 – Joe Brown’s Background 0:02:20 – The History of Money and How We’ve Arrived
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Ark Innovation ETF (ARKK) has become the gold standard for high-growth equities and sub-$100 is an excellent entry point. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
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There are two tax-smart ways to set aside money for college: 529 plans and Roth IRAs. While 529 plans are designed to pay for education, you can also tap a Roth IRA for college even though it’s intended for retirement. Key Takeaways 529 savings plans and Roth IRAs are both tax-advantaged options to save for
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In this article MON Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrencies have had yet another wild year. Bitcoin, the world’s largest digital asset, has seen a roughly 65% gain since January — with some
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Twilio (NYSE:TWLO) is having a tough time pulling back from the tech wreck of 2021. The cloud communications platform as a service posted strong quarterly results. Active customer accounts grew. Investors of TWLO Stock, however, are in for a big surprise. Source: Piotr Swat / Shutterstock.com The company initiated fourth-quarter guidance, which included non-GAAP losses.
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Upstart (UPST) as a concept is extraordinary in my eyes because it assigns credit ratings with a much more forward-looking approach than traditional loan facilitators do. Furthermore, the AI used by the firm is flawless, with speed and accuracy being the name of the game. Source: Postmodern Studio / Shutterstock.com However, as an investor, it’s
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In this article NKLA WYNN CROX TSLA Nikola Motor Company Two truck Source: Nikola Motor Company Check out the companies making headlines in midday trading. Nikola — The electric truck maker saw its stock surging more than 16% a day after the company announced on Twitter that its first customer delivery is done and signaled there’s more to
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2020 was an explosive year for growth stocks, as many saw several years worth of growth pulled forward into our new pandemic operating environment. It resulted in many stocks doubling, tripling, quadrupling or even more.  Coming into 2021, many of these names were hitting new highs and investors were feeling empowered. This brazen attitude didn’t
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Asana (NYSE:ASAN), which provides a “work management platform,” has important strengths, including the many positive reviews that its offering received and that it provides a few services not offered by its main competitors. Conversely, the company is facing very tough competition, it’s far from being profitable, and the valuation of ASAN stock is quite high.
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