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A Deep Dive into Intangible Assets!
“Non-physical assets such as franchises, trademarks, patents, copyrights, goodwill, equities, mineral rights, securities and contracts (as distinguished from physical assets) that grant rights and privileges, and have value for the owner.” International Glossary of Business Valuation Terms (IGBVT) What is an Intangible Asset? According to Investopedia, an intangible asset is one that is not physical…
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A Glimpse into the Soul of a Company: Annual Reports
When investing, it is important to conduct research like you would for any big purchase. Think about it this way: if you were to buy a car, how long would it take to research a vehicle? You would look at things like the car’s accident report, mileage, miles per gallon, etc. Why would you treat…
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Your Spending Habits are Worse Than You Think
Consumerism is a critical part of the American identity, which is seen in citizens’ spending habits. Americans consume at rates significantly higher than those of foreign countries. This can be seen in the demand for bulk discount stores and storage facilities. Costco, the second discount store in the world, has 558 of its 803 locations…
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How to Make an Emergency Fund
According to the United States Federal Reserve, about 40% of Americans would be unable to cover a $400 emergency expense. In other words, two out of five people do not have enough savings to afford $400 at a moment’s notice. What does this mean? Well, a significant amount of Americans are one unexpected expense away…
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Why You Need to Plan for Retirement
Even as young children, we have been told how important it is to plan for retirement. However, this idea is never explained in detail. Instead, we usually heard this in passing rather vaguely. The root of this very well might be due to how retirement planning used to be. Some of our parents and grandparents…
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Six Reasons to Start Investing Now!
Ahh, investing. As you probably can tell, investing is somewhat of a passion of mine. This website probably gives that away. My fascination with the topic really stems from the number of opportunities it can provide. Smart investing now can be very powerful and open many doors for you to navigate through your own financial…
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A Survival Guide to the Retail Apocalypse
In 2019, over 16,000 stores closed their doors in the United States. With so many retail bankruptcies, many expect the trend only to continue, as retailers are still struggling. Some have coined this decline as the ‘retail apocalypse,’ seeing it as the beginning of the end for brick-and-mortar due to the internet. While e-commerce has…
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What in the World are NFTs?
If you are someone who reads the news, you probably have heard the term “NFT.” If you are like me, you probably were completely lost upon hearing the term. I feel like every time I look at the news, a new NFT is being sold for millions of dollars. With so much hype around NFTs,…
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Why Our School System Needs a Change
With a GDP greater than $21 trillion, the United States has cemented itself as a global economic power. However, despite being a global economic power, many of its citizens have no grasp of personal finance. Across the country, many citizens lack a basic grasp of financial principles and fundamentals. According to a FINRA report, 19%…
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What Happened to Cyberpunk 2077?
For gamers, the holiday season is the most anticipated time of the year. With many tech companies looking to take advantage of the commercialism brought by Christmas, a number of highly anticipated video games are released in the weeks leading up to the holiday. This year, the game that got many excited was Cyberpunk 2077. …
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