Key Takeaway: Crypto investment is the act of investing in digital assets like Bitcoin, Ethereum, and other cryptocurrencies through trading, ICOs, or mining. It is gradually gaining recognition as an investment opportunity for those looking to diversify their portfolio and take advantage of high returns. Crypto investment works through buying and selling digital assets on…
Key Takeaway: A lifetime pension is a type of retirement income that provides regular payments to an individual for the rest of their life. Lifetime pensions come in various forms, including defined benefit pension plans, social security retirement benefits, and annuities. The advantages of a lifetime pension include financial security, protection against market fluctuations, no…
Key Takeaway: Reserves are funds set aside by property owners to cover unexpected expenses or periods of vacancy. The recommended number of months reserves for investment property is typically six months. Holding reserves is essential for investment property owners and protects them from unforeseen expenses, such as repairs, maintenance, or tenant turnover. Having enough reserves…
Key Takeaway: Conduct thorough research and analysis of the market data, location, and demographics to determine the demand for Airbnb rentals before investing in a property. When financing your investment, carefully analyze the cash flow and determine the estimated ROI to ensure profitability. During the property search and purchase process, search for the ideal property,…
Key Takeaway: In the current market, Amazon is considered a good investment due to its consistent financial performance, reliable leadership, and strong competitive advantage. Amazon has shown strong financial growth over the years with consistent revenue increases and a diversified business model, making it a safe bet for long-term investment. Through innovative expansion into new…
Key Takeaway: To be eligible for Social Security Disability in Ohio, you must meet specific medical and non-medical requirements. Medical requirements include having a severe medical condition that prevents you from working, while non-medical requirements include having sufficient work credits and meeting income and asset limits. The amount of Social Security Disability benefits you can…
Key Takeaway: Short term investment in the stock market are investments that typically last less than one year. They can be an effective way to increase returns on investment in a short period of time. The types of short term investments in the stock market include stocks, bonds, exchange traded fund (ETFs) and money market…
Key Takeaway: Gross Investment and Depreciation are equal when the amount that is invested in an asset is equal to the amount that asset has depreciated over time. Gross Investment involves the total amount of investment made by a company, which can be measured by adding expenditures made on items such as machinery, equipment, and…
Key Takeaway: The Social Security Act is a federal program established in 1935 that provides financial assistance to individuals who are retired, unemployed, disabled, or have lost a loved one. The Social Security Act was a response to the widespread poverty and economic instability of the Great Depression, and has since undergone a number of…
Key Takeaway: Lower-earning spouses may be eligible to claim Social Security benefits based on their own work history or their spouse’s work history, but it is important to meet certain eligibility criteria such as age, marriage duration, and employment history. Delaying claiming Social Security benefits can increase the monthly benefits for lower-earning spouses and protect…
Key Takeaways: Social security numbers are valuable on the black market: Cybercriminals buy and sell social security numbers to commit various crimes like identity theft, fraud, and money laundering. The demand for social security numbers is high because it provides a pathway to access sensitive data and steal money or assets. Pricing of social security…
Key Takeaway: GTE Investment is a type of investment that focuses on global macroeconomic trends and events, rather than individual stocks or bonds. It involves investing in various asset classes, such as currencies, commodities, and real estate, to generate returns. GTE Investment differs from other investment options such as mutual funds or stocks in that…