Year: 2020

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Trading Ideas

Is Tesla the Next Yahoo?

November 24, 2020 admin Comments Off on Is Tesla the Next Yahoo?

Last week was a big one for Tesla shareholders.
After languishing since August, Tesla shares rallied 21.2%.
This was on the back of the news that Standard and Poor’s is adding Tesla to the S&P 500 Index.
Tesla will be the largest company to ever join the S&P 500, rocketing into the index’s top 10 holdings from day one.
If you own an S&P 500 index fund, you’ll soon be a Tesla shareholder.
Is this good news for soon-to-be Tesla shareholders?
Or is this the beginning of the end for Tesla, as it was for Yahoo back in the dot-com boom?
Of course, no one can predict …read more […]

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Trading Ideas

Defined Benefit Plans: What They Are and How They Work

November 24, 2020 admin Comments Off on Defined Benefit Plans: What They Are and How They Work

A defined benefit plan is an employer-sponsored retirement plan. While similar, these types of retirement plans differ from alternatives like a 401(k) or 457 plan. One of the many differences is there is a guaranteed benefit to be paid out upon retirement.
The key with these is the formula to calculate the benefit is pre-defined. Retirement payouts are formulated ahead of time. This calculation usually factors in things like how many years of employment were served, age and salary.

Each year you work for a company that provides a defined benefit plan an actuary will recalculate future benefits. This includes updating key …read more […]