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Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate investing products to write unbiased product reviews. You can buy silver in two basic ways: as physical bullion or silver-backed securities. Bullion is a more direct way to own silver; securities are easier to hold and can appreciate. Silver offers a long-term hedge against inflation and stocks. Thanks for signing up! Access your favorite topics in a personalized feed while you’re…
[The content of this article has been produced by our advertising partner.]Professor Roger KingSenior Advisor and Founding Director of the Roger King Center for Asian Family Business and Family OfficesHong Kong University of Science and Technology Business SchoolIn 2017, when the Hong Kong-based Tung family sold their 69% stake in Orient Overseas (International) to COSCO Shipping and Shanghai International Port (Group) for HK$34 billion (US$4.3 billion), it seemed like the story of a family business that dates back to founder Tung Chao-yung in 1969 and includes Hong Kong's former CEO Tung Chee-hwa1 had ended. Three generations of the Tung family…
Although the new federal tax law in 2017 eliminated or reduced tax deductions for many individuals, small business owners still have a variety of benefits. If you're a small business owner, here are five easy ways to reduce your taxable income and keep more money in your pocket. Important points Small business owners have access to a variety of tax breaks that are not available to individuals who do not own their own business.Employers can include family members on their payroll as long as they have legitimate work.If you are a small business, you may also be eligible for retirement…
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Have you ever wanted to invest with a partner or investment club? Or maybe you have a bunch of family members who want to pool their money together. One of the best ways to do this is to form an LLC for your investments.An LLC is a limited liability company that can be used for a variety of purposes. One of the more interesting uses of LLCs is to allow a group of people to pool and invest money. It can also be used for other investments such as real estate.Recent tax changes have many people excited about the idea…
Today, investment platform Lightyear announced a record year for investment activity on the platform. Assets under management (AUM) are up nearly 20% month over month, and investment appetite remains strong despite another rollercoaster year for public markets. In 2023, the company increased its employee count by 45%, expanded its team size to more than 50 people, and released eight new products, with new launches in two countries. 2023 was the year of cash With sterling interest rates reaching a 15-year high in September 2023 after 14 consecutive rate hikes, customers across the UK were looking for ways to get better…
earn rewards New cardholders can earn 120,000 Membership Rewards® points after spending $15,000 on eligible purchases with their card within the first three months of cardmembership. For some small businesses, this can cost a lot of money in a short period of time. However, small businesses that can meet this spending requirement are easily awarded a large amount of points. Earn 5 Membership Rewards® points per dollar spent on flights and prepaid hotels through American Express Travel when you purchase with The Business Platinum Card® from American Express, U.S. construction materials and hardware supplier, electronics retailer , earn 1.5 points…
Before he became one of the most famous people in the world, Jeff Bezos was an incredibly successful businessman. In the '90s, he launched Amazon.com and changed the face of bookselling and online shopping. Today, Bezos' net worth is $142 billion, making him the second-richest person on the planet after Elon Musk.Here are the top 5 tips for entrepreneurs:Start small Lauren Sanchez and Jeff Bezos One of the keys to Bezos' success is adding a personal touch to his business, prioritizing small starts before taking bigger steps that his company may not be ready for. “It may be hard for…
A priority for all business professionals is to align the interests of the various constituencies necessary for success: team members, leaders, customers, vendors, investors. Today's best performers are the quickest and most proactive in continually realigning as markets shift, customer interests change, and they learn from experience.Alignment means that everyone has complementary goals and everyone works towards those goals. Today, all of this is changing rapidly, and the main role of a manager is to be a master of alignment. My view of this role is outlined in a classic book: Rapid restructuring, It is written by George Labovitz and…
When comparing vision insurance plans and finding the best option for your needs, consider the following factors: wide coverage When it comes to vision insurance, it's easiest to get coverage from a plan that's offered in each state and has a large number of doctors in its provider network. In fact, it's more convenient and can help prevent gaps in coverage if you move or need care while traveling. UnitedHealthcare vision insurance policies are accepted at more than 120,000 access points, Humana's vision insurance provider network has 95,000 locations, and the EyeMed Advantage network has more than 70,000 providers and…