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.
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 own. Putting together a portfolio that generates at least $1,000 in dividends each month takes some work, though. Here’s how to go about it. For more help generating sufficient income through your investments, consider working with a financial advisor. 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 only person with any rights to the portfolio. Only you can make decisions about the account and its contents belong entirely to you. With a joint brokerage account, you share rights to this portfolio with someone else. You and they can both make decisions about the account and its contents belong to the both of you. For help with investing, either by yourself or with your partner, consider working with a financial advisor. 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 investment portfolio that aims to generate outsized returns. They invest accordingly, then sell shares in their portfolios to third parties. They make money off their portfolios’ returns. An investment bank manages finances for their clients, helping companies raise capital and managing complex transactions for both buyers and sellers. They make money off fees they charge clients. For help with investment banks, hedge funds or any other money questions, consider working with a financial advisor. Read more
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