Series I bonds are gaining buzz with an interest rate of over 7% and backed by the full faith and credit of the U.S. government. Since the Great Recession of the late 2000s, one of the defining characteristics of the U.S. economy and economic policy has been historically low interest rates. This has been a…
Chronim Investments is excited to announce that we recently purchased TrackYourDividends.com. We are delighted to have the opportunity to work with you.
As an investor, understanding what qualified dividends are and how they’re different from ordinary dividends can be crucial to your success. In addition to playing a central role in increasing the ROI of your investment, this knowledge can potentially save you thousands of dollars on your tax bill.
When it comes to investing, there is no question that diversification goes a long way to help you manage risk. It can be from several angles, but a simple and effective way is to start with sector diversification. With sector diversification, you reduce your risk by investing in stocks and securities in different industry sectors. You can further diversify by investing in multiple companies within each sector.
Today, we are looking at the basics of dividend investing as we answer the question, “What are Dividends?” Simply stated, a dividend is a payment made by companies to their shareholders. with the purpose of distributing a company’s profits to their investors.