Elon Musk, born in Pretoria, South Africa, is one of the most successful entrepreneurs of all time. Musk has achieved global fame as the chief executive officer (CEO) of electric automobile maker Tesla (TSLA) and the private space company SpaceX. Musk was an early investor in several tech companies, and in October 2022, he completed a deal to
To trade stocks, you need to set clear investment goals, determine how much you can invest, decide how much risk you can tolerate, pick an account at a broker that matches your trading style, fund your stock account, and start trading. Investing in stocks is a powerful way to grow your wealth over time. This
The growing interest, adoption, and investment in cryptocurrency, also called crypto for short, has many investors curious about getting into the game. This beginner’s guide will define cryptocurrency as an asset class and take you through the basics of investing in it. Learn what crypto is, the different types, what to consider before investing, and details to
BlackRock is the largest asset manager in the world. Controlling more than $8 trillion in assets under management (AUM), BlackRock is the world’s largest shadow bank. In addition, they own the iShares franchise of investment funds and other proprietary investment vehicles. There are so many reasons you should know about BlackRock. It’s a giant financial company that helps people
BlackRock Inc. (BLK) is a global investment management company. The publicly traded company had a market capitalization of nearly $112.85 billion as of April 18, 2024. BlackRock provides investment and technology services to institutional and retail clients. Clients look to BlackRock for access to mutual funds, investments focused on objectives related to retirement income and college
Vitalik Buterin lacks the enigmatic mystery of the anonymous founder of Bitcoin, Satoshi Nakamoto. But he’s rapidly become one of cryptocurrency’s leading personalities. Vitalik Buterin’s the co-founder of Ethereum (ETH), the second most popular crypto. With a market capitalization of more than INR 13 trillion, Ethereum is the biggest altcoin. But beyond its dominant market position, Ethereum has shown
What Is Margin? In finance, the margin is the collateral that an investor has to deposit with their broker or exchange to cover the credit risk the holder poses for the broker or the exchange. An investor can create credit risk if they borrow cash from the broker to buy financial instruments, borrow financial instruments to sell them short, or enter into a derivative contract. Buying on margin occurs when
What Is Futures Trading? Futures trading involves contracts agreeing to buy or sell an asset at a specific price on a predetermined future date. This asset can be a commodity like oil or gold, a security like a stock, or even a financial instrument like a currency. Futures are contracts to buy or sell a
What Is a Spot Trade? A spot trade, also known as a spot transaction, refers to the purchase or sale of a foreign currency, financial instrument, or commodity for instant delivery on a specified spot date. Most spot contracts include the physical delivery of the currency, commodity, or instrument; the difference in the price of a future or forward
What Is Investing? Investing, broadly, is putting money to work for a period of time in some sort of project or undertaking to generate positive returns (i.e., profits that exceed the amount of the initial investment). It is the act of allocating resources, usually capital (i.e., money), with the expectation of generating an income, profit,