Tastyworks is a stockbroker designed for day traders and other active investors. Options are a popular tool for day traders because they allow them to leverage their portfolios and earn large returns (or losses) from small movements in the price of a...

Imputed income refers to non-cash benefits or services provided by employers that are considered taxable income by the IRS. Common examples include employer-paid life insurance coverage exceeding $50,000, as the cost of the excess coverage is...

The key difference between spot trading and futures trading in commodities lies in the delivery and settlement of the trade. In spot trading, commodities are bought and sold for immediate delivery, with transactions settled "on the spot" (usually...

A payee refers to an individual or entity who receives payment for goods, services, or other financial transactions. In simple terms, the payee is the recipient or the party that is owed money. The term is commonly used in banking, financial...

Assume that the share price of company XYZ recovers after great earnings, rising to $2.60, and you decide to exit your position.

As a result of price increases, tax rates need to be adjusted as inflation sets in. Furthermore, if there is a large income, there will be a large tax. In this case, purchasing power is reduced. A state indexation can be implemented if necessary,...

A USDA loan is a mortgage for low- to moderate-income families in rural areas who require safe and sanitary housing. There are two types of zero-down-payment loans available through the program: USDA-insured loans and USDA-direct loans.

Researching stocks is a crucial step in making informed investment decisions. Here's a guide on how to effectively research stocks:

In the stock market, a sector refers to a group of companies that operate in the same industry or share similar business activities. Sectors are used to categorise stocks for better analysis, comparison, and investment strategy. Common sectors...

In stock trading, the offer date, also known as the "offering date," typically refers to a specific date on which a company makes its shares available for purchase by the public through an initial public offering (IPO) or a secondary offering. This...