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Trading Ideas

Airbnb IPO Price Raised: What You Need to Know About ABNB Stock

December 8, 2020 admin Comments Off on Airbnb IPO Price Raised: What You Need to Know About ABNB Stock

The Airbnb IPO date is set for December 10, and investors are ready. But just three days before its debut, the company upped the price for Airbnb stock. Here’s everything you need to know about investing in ABNB stock.

Airbnb IPO: Stock Price, Date and Shares
On December 7, the vacation home rental company raised the Airbnb IPO price range to $56 to $60, compared to the $44 to $50 range originally planned. The move comes after DoorDash upped its offering price.
The company will offer a total of 56,551,723 shares of Airbnb stock. According to Airbnb’s amended prospectus, here’s the breakdown of …read more […]

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The SIMPLE IRA Plan: Who They Suit and How to Benefit

December 8, 2020 admin Comments Off on The SIMPLE IRA Plan: Who They Suit and How to Benefit

A SIMPLE IRA plan is one of many different types of retirement plans out there. While all plans have nuanced benefits and drawbacks, a SIMPLE IRA plan is unique in its own right.
SIMPLE is an acronym that stands for “savings incentive match for employees.” And IRA stands for “individual retirement account. As you might have figured out, this plan is specifically offered by employers… with tax-advantaged incentives for employees to contribute as well.

Employers have two contribution choices. On one hand they can make a nonelective contribution of 2% of the employee’s salary. The other choice is to make a …read more […]

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Are You Ready to Retire?

December 8, 2020 admin Comments Off on Are You Ready to Retire?

Do you think you’re ready to retire?
If you are, you’re distinctly in the minority.
According to a recent survey by Yahoo Finance, 64% of Americans are likely to retire with less than $10,000 in their retirement accounts. And almost half of those surveyed said they had no money put aside for retirement. None. Zero. Zilch.
Take a look at a graphic illustrating the results of that extremely worrisome survey.

It’s possible that a lot of these people are counting on Social Security to fund their retirement. But that’s a very bad idea. Keep in mind that Social Security was created distinctly to keep …read more […]