American Depositary Receipts (ADRs) are stock in foreign companies that are traded in the U.S., just as you would buy and sell stock in America, and are valued in U.S. currency, thereby also paying money in U.S. dollars. American Depositary Receipts represent the acquisition of American Depository Shares, otherwise known as ADSs. Both ADR and ADS are often used interchangeably. What Are American Depositary Receipts? An ADS shows that you own a piece of equity in a company outside the U.S. Therefore, the certificate supplies individuals in the … [Read more...] about What Are American Depositary Receipts?
**This post contains affiliate links and I will be compensated if you make a purchase after clicking on my links. There are plenty of personal finance apps and browser extensions designed to help consumers save more money. However, few apps have the seamless user experience and popularity of Drop. Drop is a free savings app with more than one million users who have earned over one billion points and redeemed over $3 million worth of rewards. This flexible, intelligent mobile app functions as a consumer’s wallet-saver. By linking your credit or … [Read more...] about Drop App Review – Earn Cash Back on Your Everyday Purchases
When it comes to money management, there’s so much more to the world of personal finance than just budgeting and saving. Almost everyone knows about the importance of maintaining a budget and spending less than you earn. But, there are many other benefits of personal financial literacy that countless people miss out on. If spending more time on your hobbies, dining out, living without financial stress, or traveling, perhaps to see the seven natural wonders of the world, are on your bucket list, then you won’t want to miss these seven wonders … [Read more...] about The 7 Wonders of the Personal Finance World
One of the best parts of the gig economy is that pretty much anyone with access to a smartphone and some useful skills can make money on the side without going through an extensive interview process. Whether you’re a working college student, full-time employee who needs to supplement their income, or a retiree who wants to find new ways to financially support yourself in your post-career golden years, you could find a wide variety of paying gigs through an innovative app called Steady. If you’ve been looking for opportunities to jump-start … [Read more...] about Steady App Review – How to Find Work and Get Paid for Side Hustles
We all know how important it is to save enough money for retirement, but do you know how much is truly enough? Personal finance experts are divided when it comes to the magical number you should strive for. It honestly varies from person to person. The problem is that people often make misguided assumptions about retirement, such as “I’m too young to think about retirement planning yet,” “I have plenty of time to start saving,” and even “I deserve to travel and live life before hunkering down to plan for retirement.” The most important … [Read more...] about RetirementBudgetCalculator.com Review: A Highly Customizable Retirement Calculator
Managing revenue, expenses, and taxes for a small business can be complicated enough, but what about saving for your own retirement, too? Unless you have a sizable pension from a spouse or an inheritance coming in your future, you need to make sure you’re saving as much as possible for retirement. Of course, being a small business owner without easy access to an employer-provided 401(k) plan can be frustrating. But, there are other, comparable ways to save for retirement beyond the traditional or Roth IRA options. To ensure you meet your … [Read more...] about 5 Ways Small Business Owners Plan Intelligently For Retirement