Trading Ideas

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Trading Ideas

What Crypto to Buy Now That the Markets Are Down

July 16, 2021 admin Comments Off on What Crypto to Buy Now That the Markets Are Down

The crypto markets started out the year red hot. But they’ve cooled off substantially. The big price drops have investors asking what crypto to buy now… Here at Investment U, the answer seems obvious. But it’s also contingent on how much risk you’re willing to take on. So first, let’s unpack what’s going on a little more.

This past June Bitcoin fell to a low of less than $29,000. That triggered the crypto bears to come out in full force. Investors were spooked. To be fair though, that’s fair. Remember, not long ago, a single Bitcoin was worth around $65,000.
Naturally, trading …read more […]

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Trading Ideas

Understanding Accrued Expenses

July 16, 2021 admin Comments Off on Understanding Accrued Expenses

Thanks to accrual basis accounting, many expenses appear on the balance sheet before money changes hands. The company records these expenses, called accrued expenses, in the period they occur. They represent future liabilities, and appear as such on the company’s balance sheet. They’re instrumental in representing not only a company’s current financial health, but its future financial prospects, as well.
Here’s a look at accrued expenses and how they’re defined, as well as their purpose in establishing a company’s finances during a specific reporting period.

The Matching Principle
To understand accrued expenses, it’s important to be familiar with the matching principle …read more […]

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Trading Ideas

Reddit Penny Stocks – Are Any Good Buys?

July 16, 2021 admin Comments Off on Reddit Penny Stocks – Are Any Good Buys?

Over the past two years we’ve seen Reddit penny stocks continue to grow in popularity. Has Reddit, of all places, become a viable source for stock information? For many who have profited, the answer is a resounding “yes!” However, with so many stock-picking platforms out there, it can be hard for readers to know what to believe. And, as always, I must say that investing in penny stocks comes with a much greater degree of risk than many other investments.

Reddit, Penny Stocks and Meme Stocks
The majority of stocks that have done well on Reddit tend to be in the retail …read more […]