Author: Colin Dodds
7 companies that could sell more electric cars than Tesla
Written by: Colin Dodds
The concept of a battery-powered automobile goes back to the 1800s. But gasoline-powered cars, including the Ford (F) Model T gasoline-powered were cheaper, and won over …
How is the US dollar’s value actually calculated?
Written by: Colin Dodds
The U.S. dollar index, also called the USDX, tracks the value of the dollar compared with six major world currencies — specifically those of the United …
Is the US dollar still the world’s currency?
Written by: Colin Dodds
The U.S. dollar bears a lot of responsibility when it comes to global finance: It’s the currency kept on hand by central banks and other major …
How much can you really buy with a US dollar these days?
Written by: Colin Dodds
Once you understand the purchasing power definition, you can start to understand its context for investing. The purchasing power of a dollar affects investors because it …
7 factors that cause inflation
Written by: Colin Dodds
Inflation is when the prices of goods and services rise in relation to the dollar or the currency in use. The result is that the dollar …
What is IRS Form 1099?
Written by: Colin Dodds
IRS Form 1099 is a key part of filing annual income taxes for certain earners—including freelancers, independent contractors, income-earning stock investors, and some retirees. The 1099 covers …
What is IRS Form 1098?
Written by: Colin Dodds
A Form 1098 is a tax document that reports amounts that may affect a tax filer’s adjustments to income or deductions from their income on …
How Bitcoin ATMs work
Written by: Colin Dodds
What is a Bitcoin ATM? A Bitcoin ATM is a standalone machine or kiosk that serves as a portal for customers to deposit cash and receive …
What is a death cross pattern in stocks? How do they form?
Written by: Colin Dodds
A death cross is the X-shape created when a stock’s or index’s short-term moving average descends below the long-term moving average, possibly signaling a sell-off. …
What are futures? A guide to futures trading
Written by: Colin Dodds
Trading futures can provide opportunities for a range of investors. Some investors may trade futures contracts in order to hedge against risk or to speculate …
What Is a credit spread? Explained and defined
Written by: Colin Dodds
The term “credit spread” refers to two separate financial terms. A credit spread is an important indicator of investor sentiment that compares the yields …
What is Dogecoin?
Written by: Colin Dodds
What is Dogecoin? Dogecoin (DOGE) is an altcoin launched in December 2013, possibly as a joke. But cryptocurrency investors consider Dogecoin’s blockchain, derived from Litecoin, as reliable, …
Crypto arbitrage: How it works & trading strategies
Written by: Colin Dodds
Cryptocurrency arbitrage is a strategy in which investors buy crypto on one exchange and then quickly sell it on another exchange for a higher price. Because …
How taxes and fees impact return on investment
Written by: Colin Dodds
Earning high returns can be exhilarating. But it’s important to remember that they don’t necessarily represent the money that goes in the bank. Commissions, taxes, and …
What is IRS Form 1099?
Written by: Colin Dodds
IRS Form 1099 is a key part of filing annual income taxes for certain earners—including freelancers, independent contractors, income-earning stock investors, and some retirees. The 1099 covers …
What happens if I miss the tax filing deadline?
Written by: Colin Dodds
Note: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. …
What are the benefits of tax-loss harvesting?
Written by: Colin Dodds
Tax-loss harvesting allows investors to use their investments that declined in value to reduce their annual tax bill. For long-term investors and active traders, this strategy …
