Browsing CategoryBusiness

History of the Stock Exchange

If you mention stocks or the stock exchange, most people today know what you are referring to, even if they do not deal in stocks themselves or trade. The New York Stock Exchange has a long and rich history with a birth that began in the mid 1700’s. In the late 1700’s, the United States began looking for ways to increase investments, boost the economy, and engage people. 1792, the New York Stock Exchange (NYSE) acquired its first traded securities and the now global giant was born. The Birth of the NYSE The 24 brokers who signed the trade securities…

US Real Estate Markets- What to Know and Where to Invest

When it comes to dealing with the ins and outs of real estate and investing there are many things you have to work on in order to be successful. From finances to record keeping to accounting, you need to make sure you are prepared to handle the problems and obstacles that may arise. To help you get started, here are some common trouble areas many face when it comes to real estate investment and accounting. Financial Audits These audits are the unwelcomed event that some investors experience. No one likes being audited, but it is important to be ready for…

Will Bitcoin ever become mainstream?

Milton Friedman made a prediction in 1999 that the internet would be one of the major forces that would redefine and also limit the active role of government. The only thing keeping that from becoming a reality was a reliable e-cash, that allowed for quick and easy money exchange across the internet for goods or services. Back as far as 1982, computer scientist David Chaum introduced the concept of a cryptographic digital currency. He later founded “Digi-cash” and then developed “e-cash” but they did not succeed. Since then many others have tried and have failed, until now.  Bitcoin is promising to…

What to know about investing in the Forex Market

There are many wonderful options available when it comes to investing and making wise choices for where to put your money. The foreign exchange market, known also by many as the Forex (FX) Market, is hailed as the world’s largest financial market. This once niche market alone makes up over $4 trillion of the average amounts traded each day worldwide. The market is Comprised of multiple banks, commercial companies, central banks, investment firms, hedge funds and even retail investors, the foreign exchange market allows participants to buy, sell, exchange and speculate on a multitude of currencies”. There are a number of options…