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Best Performing Cryptos of 2021

The following list of the best performing cryptos of 2021 is determined by YTD% increase. When it comes to crypto, the mainstream media likes to follow the old news adage: “If it bleeds, it leads.” And, although there has been some blood in the water recently, the fact remains that crypto has been faring phenomenally well since the beginning of 2021. From the news reports, for instance, one might bemoan the fate of Dogecoin holders, ignoring the fact that DOGE was trading at a penny on January 1 of 2021.
If we’ve learned anything this year, it is that a bit …read more […]

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What is Accounts Payable (AP)?

When evaluating a company’s current financials, accounts payable is an important figure to consider. What is accounts payable (AP)? It’s a summary of current debts owed to vendors and suppliers. Depending on how you look at it, AP represents upcoming due, a short-term loan and/or obligations to partners. Regardless of perspective, it’s easily summed up in one word: liabilities. This is what a business owes.
Accounts payable factors heavily into cash flow, since it represents the outflow of funds. As such, its advantageous for companies to prolong this outflow. This is often a double-edged sword: companies have more cash on-hand …read more […]

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3 Rare Earth Stocks in 2021 to Reduce Reliance on China

There are some big trends at play that benefit rare earth stocks. Buying into these companies can give you access to vital elements. We use them in a wide range of products, from iPhones to electric cars.
We also use rare earth metals in lasers, jet engines and many other military machines. They’re vital for some of our defense systems. Although, China dominates this market. It holds roughly 70% of the world’s known rare-earth reserves.
The U.S. is making moves to lower its reliance on China. New government funding is helping to improve U.S. production. This is opening up new investing opportunities. …read more […]