SPDRs (Spiders) are index ETF shares that track the S&P 500, or could refer to other similar ETFs tracking other indices. The SPDR is the longest standing ETF (exchange traded fund), and has existed since 1993. Unlike index mutual funds that track the S&P, ETFs can trade intraday, can be sold short, and bought on margin. There are other SPDR ETFs that are spin-offs, and using “SPDRs” in the plural might refer to these as well. SPDRs are managed by State Street Global Advisors, and the S&P 500 SPDR is listed on the NYSE under the ticker symbol SPY. Continue reading...
In general, the answer is “Yes,” but there are a few exceptions. If you decide to establish a SIMPLE IRA, every eligible employee must be offered a SIMPLE IRA account. An employee is eligible if they have earned $5,000 in compensation during any two previous years, and are expected to earn $5,000 the current year. If an employee is unwilling to participate, the employer must open up a SIMPLE IRA on behalf of the employee. Continue reading...
Like other qualified plans, these need a written plan document and investments to fund. A written plan document must be established and distributed to all employees notifying them of the plan and of all pertinent details, in language they can understand. Plans must be established by December 31 of the year for which contributions will be made, and, since the contributions come from the employer for both of these, the employer has at least 8 months of the following year to meet funding requirements. Continue reading...
Social Security benefits are streams of income available for retired workers, their spouses, children and dependents, and survivors. It provides insurance against longevity, disability, and, to some extent, the death of the primary contributor. Social Security benefits are available to a worker and their dependents if the worker has triggered eligibility, which usually calculated as earning over $5,040 for 10 years, but is modified if the worker dies or is disabled at a young age. Benefits can be paid to multiple people within a household (and an ex-spouse) based on one worker’s contributions to the system, up to a Maximum Family Limit, which is somewhere between 150-180% of a worker’s full benefit amount. Continue reading...
Social Security uses mandatory payroll taxes to grow trust funds that are used to pay income to retirees and other qualifying persons. Any surplus that is collected in a given year and not paid out is used to purchase Treasury Bonds, which pay a guaranteed rate of interest to the trusts and allows the government to use this surplus money in the meantime. When you receive your paycheck, you’ll see a deduction for FICA (Federal Insurance Contributions Act), which is a “combined payroll tax” for both Social Security and Medicare. Continue reading...
The financial markets experienced notable volatility during the week of July 29 to August 2, driven by a complex interaction of economic indicators and investor sentiment. Key indices showed mixed performances, reflecting the unpredictable nature of the market. Continue reading...
Ever wondered about the allure of the SPY ETF? Dive into the legacy of this pioneering fund, its ties to the S&P 500 Index, and its impact on the investment landscape. Discover the nuances that set it apart and why it remains a cornerstone for investors navigating the U.S. equity market Continue reading...
The financial markets experienced mixed performance during the week of September 2-6, with the Dow Jones gaining 1.05% and the Nasdaq 100 dropping by 0.77%. Rising volatility, particularly in the tech sector, signals growing uncertainty. Explore key trends shaping market dynamics and investor sentiment. Continue reading...
This past week, the market showed significant volatility due to economic uncertainties and changing investor sentiment. Major indices like SPY and QQQ displayed strong bullish trends, while IWM and DIA had mixed signals, indicating cautious outlooks for smaller cap stocks. Tickeron's Swing Trader robots achieved impressive profits and high annualized returns, demonstrating their effectiveness in navigating and capitalizing on market fluctuations. Continue reading...
The week of September 16-20 saw strong performances across major financial markets, with tech and industrial sectors leading the charge. The NASDAQ-100 (QQQ) posted a 5.93% return, while volatility remained mixed across large and small-cap stocks. Global markets, including cryptocurrencies like Bitcoin and Ethereum, also experienced significant gains, highlighting investor optimism. Continue reading...
The article provides a detailed overview of the financial markets' performance during the week of July 22 - 26, highlighting significant market volatility across major indexes such as QQQ, SPY, DIA, and IWM. It discusses the contrasting performances in sectors and asset classes, including cryptocurrencies and sector-specific ETFs, reflecting investor sentiment and responses to economic data and corporate earnings. The summary emphasizes the importance of staying informed in a volatile market environment. Continue reading...
In the week ending October 18, 2024, U.S. equities and cryptocurrencies saw strong gains, with SPY up 1.11% and Bitcoin Cash surging 12.27%. However, rising volatility indexes signal potential market risks ahead. Explore key sector performances and global market trends amid this dynamic shift. Continue reading...
📈 Exploring VFIAX vs. SPY: Which is Your Ideal Investment? Discover the cost-efficiency battle between VFIAX & SPY, from fees to performance. VFIAX's rock-bottom expense ratio gives it an edge, but SPY offers tax advantages. Tailor your investment choice to your goals! 💼💰 #Investing #VFIAX #SPY Continue reading...
Navigate a week of market volatility with our in-depth review! From soaring tech ETFs to the dynamic shifts in global stocks, uncover the key trends that shaped the financial landscape from May 27 to May 31. Stay informed and strategize effectively with our comprehensive analysis. Continue reading...
Explore this week's dynamic financial market movements with Tickeron's comprehensive review. From the significant gains in inverse ETFs reflecting bearish sentiments to the notable declines in cryptocurrencies and tech sectors, understand the shifts driving current market trends. Dive into sector-specific analyses and global ETF performances to better navigate your investment strategies in these volatile times. Continue reading...
Dive into the heart of recent market dynamics with our latest analysis covering March 18-22. Witness the contrasting landscapes as commodities and certain indexes celebrate gains, while the cryptocurrency sphere navigates through turbulence. Continue reading...
The week of September 9-13 saw a significant shift in financial markets, with cryptocurrencies like Bitcoin Cash and XRP surging, while major equity indices, including the S&P 500 and Nasdaq, faced sharp declines. Rising volatility across sectors and global markets highlighted investor uncertainty. Discover the key market winners and losers, and how these shifts impact investment strategies. Continue reading...
Between September 1 and October 4, energy stocks surged while cryptocurrencies and tech faced sharp declines. U.S. large-caps outperformed small-caps as volatility spiked for blue-chip stocks. Dive into the key market trends and sector performances in this comprehensive review! Continue reading...
Explore this week’s dynamic market trends! Uncover insights on notable gains in commodities and cryptocurrencies, the performance of diverse sectors, and international market movements. Get the knowledge you need to navigate the complex investment landscape effectively. Continue reading...
Dive into this week's financial highlights! From soaring cryptocurrencies and natural gas prices to the challenges in inverse ETFs and international markets, get all the crucial market insights. Stay ahead with our expert analysis on global economic trends. Continue reading...