Founded in 1935, the Pentagon Federal Credit Union, commonly known as PenFed, is a large financial institution with branches in the United States and on military bases around the world. Although PenFed is aimed at military members and their families, its membership is not limited: anyone can join the credit union and use its variety…
If you have exhausted your federal student aid options and need additional school funding, private student loans can play an important role in your education. However, finding a private lender can be overwhelming. There are many different companies and it can be difficult to compare your options. LendKey aims to simplify the process. It is…
Microsoft Corporation (MSFT) has “entered into a long-term strategic relationship” with General Motors Company (GM) and Cruise LLC, a company developing autonomous electric vehicles majority-owned by GM. Cruise CEO Dan Ammann said, “Microsoft, as the gold standard of trusted democratization of technology, will be a force multiplier for us as we bring our fleet of…
Investors looking to gain exposure to the driverless car revolution now have the option to buy exchange-traded funds (ETFs) specifically dedicated to driverless cars, electric vehicles and other automotive industry innovations. Among this class of ETFs are the KraneShares Electric Vehicles and Future Mobility ETFs (CARS), which debuted in January 2018; Capital Link Global Green…
What is a realized loss? A realized loss is the loss that is recognized when assets are sold for less than the original purchase price. Realized loss occurs when an asset that was purchased at a level known as cost or book value is then paid out for less than its book value. Key points…
If you’re interested in retirement, either because you’re planning your own or because you find the subject fascinating, you may have wondered if you could share your knowledge in a formal way. The good news? It is quite possible, there are introductory courses in retirement led by specialists in the field. The bad news? Most…
What is a public company? A public company, also called a publicly traded company, is a society whose shareholders are entitled to a share of the company’s assets and profits. Through the free trading of shares on stock exchanges or over-the-counter (OTC) markets, ownership of a public company is distributed among shareholders from the general…
A home equity loan, also known as a home equity loan, home equity installment loan, or second mortgage—is a type of consumer debt. Home equity loans allow homeowners to borrow against the equity in their home. The loan amount is based on the difference between the home’s current market value and the homeowner’s mortgage balance….
What is Temasek Holdings? Temasek Holdings is a sovereign wealth fund (SWF)— a public company — which manages an investment fund on behalf of the Singapore government. Using Federal Reserves, it focuses on investments located in Singapore, China and North America, as well as Europe and some emerging economies. Temasek Holdings holds a portfolio of…