A special purpose acquisition company (SPAC) is a business corporation formed with a single point agenda of raising investment capital through an Initial Public Offering (IPO) process.
This business corporation then allows investors, who want to contribute capital towards a fund, to do so and thus is used to acquire one or more businesses identified after the IPO.
Due to these reasons, this sort of shell firm structure is popularly addressed by popular media as a “blank check company “.
The ESG, or Environmental, Social, and Governance approach strives to achieve investment returns through ethical business practices. It allows investors to seek solutions to the challenges we face at present in the world and perform similarly, or better than traditional investments.
Certain elements are pretty common and relevant to all companies like diversity and inclusion and climate change. However, there are certain areas that vary and differ by industry.
To evaluate an ESG investment, most of the information that an investor is seeking can be obtained in the mutual fund prospectus or fact sheet. …
A financial scam is where a victim parts way with their money on the false promise of getting a higher investment return. Scammers can persuade these victims by offering them a range of investments with modest to high returns, with very little to no risk at all (almost guaranteed returns).
These scammers use very sophisticated methods to dupe you into making these investments by making them sound genuine. They use illegal activities or methods like phishing, fraudulent behavior, and personal threats to get your financial or personal information.
In terms of different financial scams, they can include investment, invoice hacking…
The Buy Now Pay Later service provided by the so-called fintech companies or disrupters offers the option of buying a product today and delaying the payment for later. You can usually schedule and spread your payments across a period of few weeks. For bigger purchases, however, the payment period may be longer.
There are a lot of options in the BNPL space with some of the most prominent names including — Afterpay, Zip pay, Openpay, Humm, Sezzle, Splitit, etc.
On top of this, there are also some BNPL arrangements offered through the credit card networks such as Visa and Mastercard.
Bitcoin is the world's largest digital currency and has been all over the news lately for all sorts of reasons. If you ever want to know the power of a “tweet”, look no further. Elon Musk’s tweets have led to a dramatic plunge in bitcoin prices over the past week or so.
Musk initially tweeted that he was suspending bitcoin payment for Tesla cars due to environmental concerns caused by bitcoin mining. Remember, the same guy bought $1.5 billion worth of bitcoin just in February this year and sent the bitcoin prices to an all-time high of over $63,000 USD.
Many investment gurus emphasize the fact that one should consider investing for the long term rather than focus one’s energy on making a quick buck by short-term trading. I have mentioned below the list of trends that I think might shape the future landscape in investing terms.
In terms of digital marketing and digital advertising, size matters. The market share of total online digital revenues generated by Google (Alphabet) and Facebook is a whopping 37%. Compare that to the 2007 figure, when the two behemoths combined revenue was just 4%.
What also works for these companies is the fact that…
Cars are often the second most expensive purchase most of us make in our lifetime and are one of the few things we’re readily willing to go into serious debt for, the most expensive being the home purchase.
That is exactly why the concept of the novated lease can be so beneficial once you’ve worked the numbers and figured out what makes this leasing option so attractive to take advantage of.
The novated lease can take the pain out of the car ownership quite effectively. The concept can be a bit hard to wrap your heads around at first, especially…
GameStop — the video game company has become a battleground between the rich and the poor with Reddit users trying their hand at attempting to bankrupt the hedge fund managers.
GameStop is a US-based brick and mortar video game retailer. The company has been struggling financially due to its multiple store closures and restrictions due to the pandemic — leading to declining sales.
The stock had been hovering around the US $3 to US $10 range for much of the past year, but all of a sudden has garnered all the attention with over four straight days of increases.
Are you in need of some fast cash? We’re not talking millions of dollars here, this is not the blog for that. In fact, this one is for you to satisfy your monthly obligations, or even your creditor to stop calling you about the next payment.
The below listed 9 ways to make money fast do not require any substantial amount of capital at all — there is no starting investment capital needed. …
An Initial Public Offering (IPO), sometimes also known as a “float”, is the first time or instance that the stock of a private organization is offered to the public.
IPOs provide the investors with an opportunity to have the first slice of the pie, and after the IPO investors will be able to buy or sell shares on the public exchange. It offers an opportunity for investors to buy and own shares in a growing business.
A company has certain determinations to make during the IPO process — how much will it need to raise in the IPO, the financial…
A freelance writer, I have been a finance enthusiast from my childhood and am really intrigued by investing, stock markets and personal finance.