Eric Reed is a freelance journalist who specializes in economics, policy and global issues, with substantial coverage of finance and personal finance. He has contributed to outlets including The Street, CNBC, Glassdoor and Consumer Reports. Eric’s work focuses on the human impact of abstract issues, emphasizing analytical journalism that helps readers more fully understand their world and their money. He has reported from more than a dozen countries, with datelines that include Sao Paolo, Brazil; Phnom Penh, Cambodia; and Athens, Greece. A former attorney, before becoming a journalist Eric worked in securities litigation and white collar criminal defense with a pro bono specialty in human trafficking issues. He graduated from the University of Michigan Law School and can be found any given Saturday in the fall cheering on his Wolverines.
An individual investor you can invest in private companies, but only through side options like an ETF or a mutual fund. An individual investor cannot invest in private companies directly because they are restricted to accredited and institutional investors. If you want help inveting in public or private companies, consider working with a professional financial advisor. Read more
Though similar in many respects, private and public companies differ in significant ways. Private companies only have to follow laws and statutes that apply to everyone else. Publicly traded companies, on the other hand, have to obey both generally applicable laws and the full range of SEC oversight regulations. They must make regular disclosures, publish their finances and otherwise act in a transparent manner. In exchange, a public company can sell shares of its stock to all investors while a private company can only sell its stock to accredited and institutional investors. For help building a personal investment portfolio, consider working with a financial advisor. Read more
The largest classes of investment for most Americans are retirement funds and real estate. Most Americans have some form of retirement savings, typically held in tax-advantaged retirement account like a 401(k). At the same time, nearly two-thirds of American households own their homes. So it makes sense that someone saving for retirement will consider these two options. If you’re saving up for retirement, should you put your money in a tax-advantaged account or real estate? Another way to ask this question is, should you use your money to buy stocks or property? We explore these issues below. For more help with figuring out what to do with your money, consider working with a financial advisor. Read more
In recent months, the news has been full of speculation about Elon Musk potentially purchasing Twitter and making it a private company, leading some people to wonder exactly how that works. Firstly –… Read more
Dividends are the bread and butter of income investors. You don’t need to sell your assets or spend hours every day managing your accounts. Instead, dividend stocks simply generate income on their… Read more
When it comes to investing, you can go it alone or with a partner. That’s true no matter what form your assets take, including brokerage accounts. With an individual brokerage account, you’re the… Read more
For many people, hedge funds and investment banks are both terms that are synonymous with rich people, but the differences between the two are significant. A hedge fund manages a highly diverse… Read more
If you are an ordinary investor, an ETF is often a good investment. In part this is because an ETF has a more stable risk profile than a hedge fund, but mostly it’s because an ETF is your only legal… Read more
Legally, divorce is divorce no matter how much money is involved. In practice, though, high-net-worth divorces tend to be much more complicated than ordinary breakups. Rules surrounding divorce are… Read more
If you are buying a home, there are two things you should never, under any conditions, waive. The first is home inspection, along with your right to unilaterally withdraw your offer based on the… Read more
Carbon credits are becoming a popular idea for investment as governments begin to take the threat of climate change seriously. While ideally this will become an active investment option in the future… Read more
Lucid Motors is a California-based publicly traded company that was founded in 2007 and sells electric vehicles. Like Tesla, this company focuses on the luxury market. If you’d like to invest in the… Read more
Fifth-generation wireless, otherwise known as 5G, is a big deal, a highly anticipated next step in wireless service. If companies can distribute it as advertised, it has the potential to completely… Read more
The metaverse is a speculative idea more than a specific product or service. It does not exist yet, nor will it be a specific product or service if it is developed. But it is backed by a lot of smart… Read more
There are two main ways to invest in private equity. The first is to invest through a private equity firm. This is the most common way to invest in private equity assets. However, it is also… Read more
Anyone whose income is less than the tax filing threshold is not required to file an income tax form with the IRS. For most taxpayers, this threshold is usually set at or around the standard… Read more
There are two types of thinking when it comes to crypto investing. The first dictates that you cannot mitigate risk in cryptocurrency since it is considered one of the most volatile asset classes in… Read more
The general rule for asset allocation in retirement is this: You should shift toward more conservative investments once you retire, since you no longer have an active income with which to replace… Read more
“Digital currency” and “cryptocurrency” might seem interchangeable, but they mean two different things. Digital currency refers to any currency that exists online. Cryptocurrency, on the other hand,… Read more
A pension risk transfer (PRT) occurs when a company ends its pension program. Usually in the process it tries to stop paying its existing benefits under pension programs for past and present… Read more
A health savings account (HSA) allows you to set aside pre-tax money for qualified healthcare expenses. You can set up an HSA account with a bank, investment firm or other qualified financial… Read more
If you’re wondering whether you can deduct your rent on your taxes, the short answer is yes. You can deduct rent if you live in a state that allows it. However, only 22 states offer this type of… Read more
Fertility insurance is an element of health insurance that covers issues with conception and carrying a child to term. Many parents rely on fertility insurance for expensive procedures such as in… Read more
If you’re a retiree who depends on Social Security, in some cases you can gross up your Social Security income on financial paperwork. You would do this to make your income more accurately represent… Read more
If you’re one of the many people looking for a new home right now, one of the first questions is this: do you want a house or a condominium? In a nutshell, consider the difference this way: If you… Read more
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