Have you been pondering over buying Pfizer stock lately? If the answer to that is yes, you were probably not very impressed by how the market reacted to the pharma giant’s latest earnings release. The less than impressive fourth quarter earnings also led to a drop in Pfizer’s stock price. However, investors who read beyond the headlines, were buoyed by the numbers and chose to invest their money in the stock of the pharma giant. Most of them would probably hold on to them for a decade. Let’s find out more about the Pfizer stock and whether should you invest in it or not.
Pfizer Stock: Should I Buy It Now?
Vaccine sales will give a cash boost to Pfizer
Pfizer (NYSE: PFE) announced that the estimated sales of the COVID-19 vaccine BNT162b2 were going to amount to $15 billion. The vaccine was developed in a joint effort with BioNTech (NASDAQ: BNTX). Once BioNTech’s share of sales and operating costs are taken into account, Pfizer expects a profit margin percentage in the high 20s.
Even for a pharma giant like Pfizer, around $4 billion worth of pre-tax earnings is a massive deal. However, a lot of people have rightfully asked what happens to the bottom line after everyone gets vaccinated once? During its fourth-quarter earnings call, Pfizer also told investors that demand for COVID-19 vaccines appears durable thanks to emerging variant strains of the virus. Annual updates to Pfizer and BioNTech’s coronavirus vaccine could end becoming a consistent source of revenue for Pfizer.
Pfizer has a great R&D team
For many decades, Pfizer has featured the pharma industry’s largest research and development budgets. However, that large sum of money hasn’t always been put to great use. The public opinion of Pfizer’s skill in developing new drugs isn’t what one would call, “extremely favourable” over the course of time.
Between 2010 and 2015, Pfizer’s clinical trials were less successful than the industry average. However, since then, the success rate of the clinical trials has jumped to 21%, which is more than 2.5 times the industry average, in short, exceptional.
Pfizer has focused operations
In 2019, Pfizer created another company for its popular over-the-counter drugs such as Advil. In 2020, Pfizer went through a merger of its collection of drugs that have been around long enough to lose patent-protected market exclusivity with Mylan, forming Viatris.
So Pfizer can now focus its resources on creation of new revenue sources, a lot of which can start contributing to the top line very quickly. In April, the Food and Drug Administration is expected to make an approval decision regarding abrocitinib, a drug that can make a landmark breakthrough in the treatment of Eczema.
The FDA is also reviewing an application for a 20-valent pneumonia vaccine that is even more effective than Pfizer’s successful Prevnar 13 brand of vaccine. The new vaccine can protect against seven other sources of infection. New COVID-19 sales notwithstanding, Prevnar 13 is the world’s top-selling vaccine at the moment, amassing a mammoth $7 billion in annualized global sales.
2021 will also mark the year where Pfizer’s Braftovi can be approved as a first-line treatment for a genetically defined group of advanced-stage colon cancer patients. As of today, the drug is only approved to treat colon cancer patients in the second line setting. If it’s moved to the first line setting, it is estimated to add upwards of $2 billion in revenue for the pharma giant’s top line in just a matter of a few years.
Should I Buy Pfizer Stock?
Based on the recent costs, Pfizer shares have traded at just 13.7 times the firm’s 2021 expected earnings. This is even before the potential COVID-19 vaccines have been accounted for. However, this isn’t a lot for a firm that has been expecting to grow on the bottom line at a double-digit percentage this year and steady growth over the long run. COVID-19 vaccine sales aside, Pfizer has been expecting its top-line revenue to rise at an annual growth rate of 6% or better through 2025. For Pfizer investors, there is good news as the pharma giant is already on the way to an expected revenue boost of 6% per year in 2021. Once the COVID-19 vaccine numbers come in, Pfizer is most likely going to be loaded with cash and pay out good dividends to all of its investors. As of now, the Pfizer stock is already offering a 4.5% yield based on the most recent prices. This can result in these shares becoming a significant source of income for you for retirement. So yes, you should buy Pfizer stock now.
Ever since the eccentric Elon Musk assumed control of Tesla in 2008, he has continuously defied odds and led the company and the share prices on an upward swing. As things stand today, Tesla has had a nice stock market run that has been buoyed by some reports and the final quarter income report of the firm. However, the most important question on the lips of every stock market investor is, “should I buy Tesla stock now?” Well, let’s find out.
Should I Buy Tesla Stock Now
Continuously one to make news, especially with tweets, Musk as of late tweeted it’s presently conceivable to purchase a Tesla with Bitcoin in the U.S. Clients outside the U.S. will actually want to do so not long from now. Tesla bought $1.5 billion worth of bitcoin a month ago.
Tesla stock is chilling in the wake of conveying final quarter results after on Jan. 27 that missed profit gauges. In any case, it sees 2021 conveyance development speeding up from 2020’s speed. Tesla is expecting its vehicle deliveries to increase by 50% this year. Around 12 months ago, the vehicle deliveries shot up by 36% to reach almost half a million.
In any case, while addressing Wall Street examiners on a phone call after the report, Musk talked about how the timeline for the Cybertruck launch had changed because of some development issues and the company was looking towards making electric vans in the future as well.
The organization detailed changed profit of 80 pennies for each offer, missing assessments of 90 pennies. In any case, income jumped 95% from the year-prior period and was its 6th consecutive quarter of benefit. Income hopped 46% to $10.74 billion, easily surpassing the early prediction of $10.1 billion.
A Transformative Year For Tesla
A Transformative Year For Tesla
“This past year was transformative for Tesla,” the company said. “Despite unforeseen global challenges, we outpaced many trends seen elsewhere in the industry as we significantly increased volumes, profitability and cash generation.”
Tesla is on target to deliver more than 200,000 cars to the Chinese automobile market by the end of 2021. The sales in the Chinese market will play a critical role in helping Tesla push past the 750,000 mark in the number of vehicles sold. The Model Y hit the Chinese market in January 2021. Deals have been energetic. The China Passenger Car Association announced that Tesla sold 18,318 Shanghai-made Model 3s and Model Ys in February, up by 8% from the 15,484 sold in January.
Analyst Dan Ives had this to say in his research notes: “China remains the key to the Tesla bull thesis as this demand story is playing out in the field and ultimately giving Musk confidence around its 50% growth trajectory, which is an eye popping number in our opinion.”
Tesla is looking to expand
Tesla has attempted to expand its manufacturing capabilities. Musk’s firm intends to build around 20 million electric vehicles per year through the next decade. This will be more than twice what other auto industry behemoths are expected to produce. In order to attain this lofty goal, the company needs to increase its production capabilities very rapidly.
Tesla made a major stride with its third assembling plant, where development is currently in progress close to Berlin. That plant will most probably finish in March 2021, where it will deliver the Model Y.
Tesla will construct its fourth assembling plant close to Austin, Texas. That plant will be Tesla’s biggest, based on a 2,000 acre property. It will create the Cybertruck and its large apparatus truck called Semi, just as the Model Y and Model 3. Tesla as of late said Cybertruck deliveries will not start until mid 2022, this is a delay of almost a year compared to the previous date.
Mizuho Securities analyst Vijay Rakesh initiated coverage of Tesla on March 10 with a buy rating and price target on Tesla stock of 775.
“With Tesla’s cutting-edge battery technology driving key leadership in the EV market and providing sustainable energy storage for residential & industrial applications, disrupting the global energy market, we see TSLA as a leader for the next decade and beyond,” Rakesh wrote in a note to clients.
Tesla’s competitors are growing every day
At the point when Tesla begins dishing out its vehicles in Germany, it will clash in electric vehicles with three massive German names: Volkswagen Group (VWAGY), BMW (BMWYY) and the Mercedes Benz division of Daimler AG (DDAIF). It will be an extreme fight as each of the three vehicle organizations are known for producing high quality vehicles.
Other genuine contenders include cars like Ford Motor’s (F) Mustang Mach E, the I-PACE from Tata Motors’ (TATA) Jaguar unit and the Audi eTron. Audi is under Volkswagen. Volkswagen’s Porsche arm likewise has the Taycan.
Tesla likewise faces extreme rivalry in China. Adversaries in China incorporate Xpeng Motors (XPEV), upheld by internet business monster Alibaba (BABA). Different contenders incorporate (NIO) and Li Auto (LI).
Electric vehicle deals are projected to increase by 40% to 1.8 million units in 2021 and arriving at 6 million units in 2025
Furthermore, as Tesla boosts its manufacturing limits in Shanghai to start creating the Model Y hybrid, it additionally as of late brought generally $5 billion up in its third stock contribution of the year.
Tesla Stock Forecast: Should You Buy it Now?
Well, the straightforward answer is, no, you should not buy Tesla stock now.
On 22nd February, Tesla broke down through its key 10-week moving average, a critical support level. Shares also collapsed below its 50-day line. This triggered a sell signal. After reaching their record high of 900.40 on January 25th, shares have come down. They had climbed as much as 93% from a 466 buy point in a cup with handle. While it can be predicted that Tesla stock might be forming a new base, but it’s way too early to expect a brand new buy point with moderate to low risk.
Throughout the dreadful pandemic ridden year of 2020, most stocks suffered brutally. However, Electric-vehicle (EV) stocks managed to make major gains by the end of the year. This happened despite the fact that many investors have become skeptical about the inflated valuations that these firms have achieved because of investor enthusiasm. And if trends are anything to go by, these EV stocks are only going to go up. When it comes to the world of electric vehicles, the first name that comes to most people’s minds, is Tesla (NASDAQ:TSLA). However, it’s the Chinese electric vehicles manufacturer NIO (NYSE:NIO) which performed the best among EV manufacturers during 2020. It outperformed Tesla significantly in the stock market. That performance has led to many investors thinking about parking their money with NIO. So if you are one of those investors and you are wondering if NIO is a good stock to buy, this post is just for you. Once you are done reading this post, you will have the answer to that question. Let’s get started.
Should you buy NIO stock?
There are a lot of factors that have driven the surge in the price of NIO stock. Here are some of the most important ones:
Investors are very enthusiastic
Tesla’s transient ascent was the subject of numerous features in the course of the most recent year, and drove speculative financial backers to look for “the next Tesla.” One clear spot to look was the biggest car market on the planet, China. As recently as the mid 2020, NIO’s business was on the verge of bankruptcy. Be that as it may, a move by the Chinese government to speed up development in the country’s EV industry led to some great investment deals and investors quickly moved in to support the firm financially.
As the stock took off, the organization additionally worked towards raising the required capital. This weakened existing investors, as can be seen from the quicker development of big business esteem contrasted with the stock cost.
Rapid development speed
While not developing as fast as the offer value itself, NIO’s business is developing quite fast. Delivery of vehicles expanded by 113% in 2020 contrasted with the earlier year. 2020 addressed practically 60% of the organization’s by and large total vehicle delivery requirements.
However, at just shy of 44,000 vehicles, that is still less than 10% of Tesla’s 2020 volume. NIO is extending its item contributions with another electric luxury car reported at the new “NIO Day” introduction. The ET7, which will be NIO’s first vehicle, accompanies another, bigger 150 kWh battery pack. With a full charge, the car can travel 621 miles, as indicated by the organization. That is farther than Tesla’s Model S most generous estimate of 402 miles. It is also more than the 517 miles claimed by Lucid Motors Air Car.
Goof market opportunity
EV deals in China outperformed 1 million in 2020, and the public authority plans to grow that to 5 million by 2025. That number could arrive at 10 million by 2030, and approach 20 million by 2040, as per research association BloombergNEF.
A rivalry is also brewing in the process. Tesla delivered its first Model Y SUV from its Shanghai industrial facility in 2021. Other Chinese EV organizations are likewise developing deals at triple-digit rates, so NIO is a long way from being the pioneer in the country. Warren Buffett-upheld BYD (OTC:BYDDY) sold right around 131,000 battery-electric vehicles (BEVs) in 2020, and in excess of 460,000 vehicles overall.
There is obviously more space for outstanding vehicle deals development in the coming years, and NIO’s ET7 shows the organization plans. NIO is likewise improving with a battery trade program that permits clients to “re-energize” by means of a quicker battery trade. The organization says its robotized battery trade stations require just three minutes for a completely stocked and charged battery substitution.
Will the NIO stock follow?
As it is with other EV brands like Tesla, investors for NIO also have to struggle with the matter of the stock’s true valuation. NIO’s absolute 2020 income was around $2.5 billion.
However, even though the revenue seems high, the organization presently can’t seem to generate any profit. So taking a gander at a cost to-deals proportion is a superior method to assess valuation. With a current market capitalization drawing closer to $100 billion, NIO traded multiple times at very nearly multiple times 2020 deals, and what is assessed to be around multiple times 2021 deals.
By that measurement, NIO is valued higher than Tesla. Considering the opposition and vulnerability looking forward, there is more risk than potential gain right now in NIO stock.
Financial backers are wagering on the enormous market potential for EV development. In the event that everything goes ideal for NIO, the prices can rise rapidly. In any case, in the event that you add it to a portfolio today, you ought to be ready for some massive risks as well. That is the meaning of a theoretical speculation.
At some point, soaring output of electric cars might end up eclipsing the demand for them. This will lead to a drop in prices and sales. For EV stocks, supplies of batteries and battery metals are another issue. A rise in the price of battery materials could lead to a stop in the battery prices as well.
“We remain very concerned about the potential for battery cell supply shortages that may make many of today’s short-term OEM volume targets difficult to make good on,” Morgan Stanley analyst Adam Jonas wrote in a note to clients April 5.
Is NIO Stock A Buy Now?
From a fundamental perspective, NIO’s financial condition is on the way up after the shares plummeted because of debt and liquidity fears. NIO is paring losses while delivering huge top-line growth.
From a technical perspective, NIO is currently in the bear market. A new pattern or buy point might take some time to emerge. Its RS line is lagging after a strong rally last year. However, it did have a recent rebound off an important support level, and that’s a promising sign. In conclusion, you shouldn’t buy NIO stock right now.
As marijuana usage continues to get legalized across the globe, a lot of investors are hoping for marijuana stocks to prop up and create amazing investment opportunities for them. The 2020 Prime Alternative Harvest Index that covers the value and performances of numerous global cannabis firms wasn’t exactly very good. By the end of October, it was down by 37%. A lot of it could be attributed to the COVID-19 crisis as it did gather some momentum near the end and was down by just 16% at the end of 2020. However, marijuana stocks started off 2021 on a “high” and the index has risen by as much as 78% in February.
The patience which the marijuana investors have shown, has finally started kicking in. The index got its start on Dec. 18, 2017, and except for some excitement in September 2018 and spring 2019, it had mostly failed to deliver for investors through 2020. After the dreadful, COVID ridden 2020, 2021 promises to be better for marijuana investors. After Joe Biden’s victory in the Presidential elections and the Democrats ending up with a small majority in the Senate, regulations are probably going to be loosened up in the near future (though Kamala Harris’ dreadful record for jailing numerous Black men for marijuana usage is a dark spot).
Justin Strekal, political director of the National Organization for the Reform of Marijuana Laws (NORML), said in a statement: “Cannabis businesses have been deemed essential during this pandemic. Unfortunately, at the federal level, prohibition compounds the problems that this emerging industry faces. Small cannabis businesses, in particular, are facing tough economic times and access to traditional financial tools will help ensure that they can weather this pandemic.”
Here are the Best Marijuana Stocks in 2021
The Scotts Miracle-Gro Company (SMG)
Kicking off our list of the best marijuana stocks to buy, is The Scotts Miracle-Gro Company. It manufactures, markets, and sells consumer lawn and garden products in the United States and internationally. The company operates through three segments: U.S. Consumer, Hawthorne, and Other. It offers lawn care products, such as lawn fertilizers, grass seed products, spreaders, other durable products, and outdoor cleaners, as well as lawn-related weed, pest, and disease control products. The company also provides gardening and landscape products, including water-soluble and continuous-release plant foods, potting mixes and garden soils, mulch and decorative groundcover products, plant-related pest and disease control products, organic garden products, and living goods and seeding solutions. In addition, it offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components for use in hydroponic and indoor gardening applications; and insect, rodent, and weed control products for home areas. The company offers its products under the Scotts, Turf Builder, EZ Seed, PatchMaster, Thick’R Lawn, GrubEx, EdgeGuard, Handy Green II, Miracle-Gro, LiquaFeed, Osmocote, Shake ÂN Feed, Hyponex, Earthgro, SuperSoil, Fafard, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, EcoScraps, Mother Earth, Botanicare, Hydroponics, Vermicrop, Gavita, Agrolux, Can-Filters, Sun System, Gro Pro, Hurricane, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. It serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, and food and drug stores, as well as indoor gardening and hydroponic distributors, retailers, and growers through a direct sales force, and network of brokers and distributors. The Scotts Miracle-Gro Company was founded in 1868 and is headquartered in Marysville, Ohio.
Aphria Inc. cultivates, processes, produces, markets, distributes, and sells medical cannabis in Canada and internationally. This is a great marijuana stock for all investors. The company offers pharmaceutical-grade medical cannabis, adult-use cannabis, and cannabis-derived extracts and derivative cannabis products under the Solei, RIFF, Good Supply, Aphria, P’tite Pof, and Broken Coast brands. It serves patients and consumers through distributors and online. The company is headquartered in Leamington, Canada.
Innovative Industrial Properties (IIPR)
Next on our list of the best marijuana stocks to buy, is Innovative Industrial Properties, Inc. It is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
Altria Group, Inc. (MO)
Altria Group, Inc., through its subsidiaries, manufactures and sells cigarettes, oral tobacco products, and wine in the United States. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, as well as provides on! oral nicotine pouches. The company also produces and sells varietal and blended table wines, and sparkling wines under the Chateau Ste. Michelle and 14 Hands names; and imports and markets Antinori, Torres, and Villa Maria Estate wines, as well as Champagne Nicolas Feuillatte in the United States. In addition, it provides finance leasing services primarily in transportation, power generation, real estate, and manufacturing equipment industries. The company sells its tobacco products primarily to wholesalers, including distributors; and large retail organizations, such as chain stores. Altria Group, Inc. was founded in 1822 and is headquartered in Richmond, Virginia. Definitely a great marijuana stock to consider if you are looking in that area of investment.
Constellation Brands Inc. (STZ)
Next on our list of the best marijuana stocks to buy, isConstellation Brands, Inc. Together with its subsidiaries, produces, the firm imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. It provides beer primarily under the Corona Extra, Corona Premier, Corona Familiar, Corona Light, Corona Refresca, Corona Hard Seltzer, Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands. The company offers wine under the 7 Moons, Drylands, SIMI, Charles Smith, Auros, Kim Crawford, Spoken Barrel, Prisoner, Champagne Palmer & Co, Meiomi, Robert Mondavi, Cooper & Thief, Mount Veeder, Schrader, Crafters Union, Nobilo, CuvÃ©e Sauvage, and Ruffino; and spirits under the Casa Noble, High West, Mi CAMPO, Nelson’s Green Brier, SVEDKA, The Real McCoy brands. It provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. The company was founded in 1945 and is headquartered in Victor, New York.
Curaleaf Holdings, Inc. (CURLF)
Curaleaf Holdings, Inc. operates as an integrated medical and wellness cannabis operator in the United States. It operates in two segments, Cannabis Operations and Non-Cannabis Operations. The Cannabis Operations segment engages in the production and sale of cannabis through retail and wholesale channels. The Non-Cannabis Operations segment provides professional services, including cultivation, processing, and retail know-how and back office administration, intellectual property licensing, real estate leasing services, and lending facilities to medical and adult-use cannabis licensees under management service agreements. It offers oil-based formulations, such as vaporizing, cartridges, tinctures, and capsules; and ground-flower. It’s a great stock in the field of marijuana for people to invest in. The company also provides hemp-based CBD products. As of March 9, 2021, it operated 101 dispensaries, 23 cultivation sites, and 30 processing sites in 23 states of the United States. The company was founded in 2010 and is headquartered in Wakefield, Massachusetts.
Silver Spike Acquisition / WM Holding (SSPKU)
Another great marijuana stock for you to consider in 2021, is Silver Spike Acquisition Corp. It does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses operating in the cannabis industry. The company was incorporated in 2019 and is based in New York, New York.
Merida Merger Corp I (MCMJ)
Merida Merger Corp. is another great marijuana stock to buy in 2021. It does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the cannabis industry. The company was founded in 2019 and is based in New York, New York.
AdvisorShares Pure US Cannabis ETF (YOLO)
This is a great marijuana ETF for people to invest in. The investment seeks long-term capital appreciation. The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business and in derivatives or other instruments that have economic characteristics similar to such securities. It is non-diversified.
ETFMG Alternative Harvest ETF (MJ)
This is another great marijuana ETF for people to invest in. The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Prime Alternative Harvest Index. The index is concentrated in the Pharmaceuticals, Biotechnology and Life Sciences group of industries and tracks the performance of the exchange-listed common stock (or corresponding ADRs or GDRs) of companies across the globe. The fund will invest at least 80% of its total assets, exclusive of collateral held from securities lending, in the component securities of the index and in ADRs and GDRs based on the component securities in the index. The fund is non-diversified.
So those were the best marijuana stocks to buy in 2021. If you are looking to invest in companies that deal with marijuana and marijuana based products, these stocks are great choices for you. Your money is most likely to ride high when invested in these marijuana stocks.
It’s 2021, cryptocurrencies are a rage and many people are buying them as a novel but a potentially exciting method of investment. Aside from Bitcoin, another popular name in the field is that of Ethereum. If you have come across it and are wondering “what is Ethereum, this post is just for you. This post will reveal to you all you require to think around one of the world’s most talked about digital currencies – Ethereum. Let’s get started.
Ethereum: All You Need to Know
As we get started with this post about Ethereum, let’s give you a slight taster of what you will be able to read through this article. We’ll examine everything from what Ethereum is, as far as possible how to really buy it, and where to store your recently procured Ether coins. Some of the best places to buy Ether coins will incorporate Coinbase, Simplex and Binance. Capacity savvy, cold wallets are your smartest option – specifically, the Ledger Nano S and Trezor. More on that later. Let’s start with a bit of history first.
What is Ethereum: How it All Began
In 2012, a 17 year old Vitalik Buterin was acquainted with Bitcoin by his dad and turned out to be exceptionally inspired by its innovation. Vitalik started sending articles for Bitcoin Magazine and proposed enhancements to the Bitcoin stage. At the point when these upgrades weren’t made, he went ahead and decided to come up with his own cryptocurrency.
His thought was Ethereum, and it went live in 2015. Since it began, Ethereum’s cost has gone up a ton and it currently has a ‘market cap’ of $44.7bn (that is the all out estimation of all Ethereum cash on the planet today). Things being what they are, what is propelling this upward growth of Ethereum? Ethereum innovation can possibly change the world. If you are wondering about the technology that drives Ethereum, we will get to it right now.
What is Ethereum: How does it work?
It’s simpler to reply, “what is Ethereum?” when the first question is, “what is Ethereum attempting to supplant?” Let’s see a model:
Alexandra composes instructional exercises utilizing Google Docs. She can alter her work and offer it to whoever she needs. One day Google Docs is hacked, or the public authority boycotts it, so Alexandra loses all her work.
Presently Alexandra concludes that she will just utilize the word processor on her PC, so her work will be protected. In any case, it isn’t protected, right? Alexandra’s PC can be lost, broken, or hacked into.
Alexandra is frantic now, so she chooses to sell her PC and purchase a pencil, a scratch pad, and a few stamps all things being equal. Task finished!
Alexandra’s concern here is that she needs the accommodation and speed of the web, yet with the control and security of her pencil and paper. Be that as it may, what is Ethereum going to do about it?
Ethereum offers an approach to utilize the force of the web without trusting applications like Facebook, Google, or some other online manager for the account with your own data.
Applications like Facebook and Google gather and store the data of their huge number of clients within their massive servers. This implies that client information is kept in a few areas (this is called centralization). On the off chance that one of these areas is hacked into, we’re all in some hot water.
What is Ethereum Classic?
Ethereum Classic runs smart contracts through an open-source, decentralized, blockchain-based distributed cryptocurrency platform. Ethereum Classic was created after the network was hacked in 2016. The original Ethereum blockchain was divided into two parts: Ethereum Classic being the original and Ethereum being the newer blockchain.
Smart contracts are based on the principle of “Code is Law,” and work as self executing autonomous digital applications. Smart contracts can run based on their programming and don’t need external control. Some of the popular applications of this kind are automatic teller machines (ATM) and the Bitcoin system.
Ethereum Classic helps run smart contracts through decentralized governance. In other words, the contracts can be enforced without the requirement of a third party. Smart contracts are similar to if-then statements. What that means is that if a certain set of actions required within the contract get fulfilled, the parameters of the contract will be completed and the contract will be paid out. In case the parameters are not met, then there might be a penalty, a fee, or the contract might be voided, based on the terms that were established when the contract was written.
How Ethereum functions is by eliminating the need to confide in bunches of apps with private data. It accomplishes this by decentralizing utilizing ‘blockchain’ innovation.
What does Blockchain mean?
Ethereum’s rendition of the web is one where a framework of systems called nodes replaces the usual servers and cloud. These hubs do the job of storing a common data set called a blockchain.
There are a great many nodes in the organization, all putting away the whole blockchain. The more nodes there are, the more secure the organization and its information become. The data that is punched into this record needs your exclusive control. It isn’t put away on your PC, or in some kind of dedicated central server. Instead, it’s stored across the entire nodal network.
The data contained in the blockchain is checked by something known as the ‘consensus’. This implies that the greater part of the nodes should concur that data is right before it is permitted onto the blockchain.
Hacking this sort of framework is close to being an unattainable goal, as you would have to control the greater part of the nodal network to force a consensus. Regardless of whether you controlled a large chunk of the nodal network, completing the attack will siphon off so much money that it wouldn’t be worth it in the end.
As we discussed in Ethereum’s history, it didn’t imagine the blockchain innovation, Bitcoin did, however it is utilizing and improving it in some inconceivable manners. Now, let’s find out more about something known as the Ethereum blockchain.
What is Ethereum Blockchain (Blockchain 2.0)?
The Ethereum blockchain (or ‘Blockchain 2.0) utilizes comparable innovation to Bitcoin, yet it is further developed. It can do significantly more than the Bitcoin blockchain. It does this in two primary manners.
The Ethereum blockchain is planned in such a way that exchanges can possibly occur when certain conditions are met. The standards choosing these conditions are termed ‘smart contracts’. It’s a fundamental piece of the “what is Ethereum” question.
For instance, envision a candy machine. On the off chance that a boy needs a sweet treat from a candy machine, he needs sufficient cash to pay for it. In the event that he needs more cash, he will not get his sweet treat. A brilliant agreement for this exchange may resemble this:
Assuming the boy puts $1 in the candy machine, the candy machine will give him a sweet treat.
When one of these contracts is composed, it can’t be changed. That is the reason they are termed ‘trustless’ transactions. You don’t have to confide in people in the organization — on the off chance that the states of the agreement aren’t met, it will not occur.
Decentralized applications (or ‘dApps’) are just applications that don’t run on a usual central server. All things considered, they run on a blockchain — utilizing it to decentralize the server system.
dApps are at the center of Ethereum’s structure and its convictions. The people who founded Ethereum need clients to learn Ethereum and expand on it. So another integral piece of “what is the Ethereum question” is unquestionably dApps.
These dApps could before long be contending with (or supplanting) centralized applications, in enterprises like web-based media, web based business, email, and web based banking. There are unlimited opportunities for building dApps on Ethereum’s blockchain.
How Does Ethereum Work?
Ether is the cash of Ethereum. In some cases, the two are used interchangeably however it’s easier in the event that you attempt to recall that Ethereum is the framework and Ether is its currency.
On the off chance that you need to complete anything on the framework, you’ll need some Ether. Ether energizes the Ethereum framework, and it’s frequently alluded to as ‘gas’ because of this. Every exchange on Ethereum needs a specific measure of ‘gas’ to take care of business. The greater the work, the more gas you need.
The subject of what is Ethereum and how can it work is frequently joined by the Ethereum VS Bitcoin question. As individuals regularly contrast Ether with Bitcoin, so we’ll pause for a minute to clarify the principle contrasts.
Bitcoin vs Ether
Bitcoin is a popular kind of digital money. Its blockchain permits manual distributed exchanges of computerized cash/digital money. In the event that Nancy needs to pay Ann 10BTC (Bitcoin) to paint her home, without utilizing a bank, she can utilize Bitcoin. It would appear in this manner: Nancy sends 10BTC (Bitcoin) to Ann.
There is a cap on the total number of Bitcoin that can exist (21 million), so it could turn into a solid store of significant worth, similar to gold, silver or precious stones.
The normal time for an affirmed Bitcoin exchange can be as brisk as 10 minutes.
Returning to what is Ethereum and its money: Ether serves as the digital fuel for the execution of the smart contracts within the Ethereum network. In the event that Nancy needs to pay Ann 10ETH to paint her home, she can utilize an Ethereum smart contract. The exchange would resemble this; IF Ann paints Nancy’s home THEN 10 ETH will be shipped off to Ann. In this way, as should be obvious, Ether can be utilized in a similar manner to Bitcoin. The lone distinction is that with Ethereum, Nancy will not compensate Ann until she has painted Nancy’s home. Ann will not get paid on the off chance that she doesn’t paint Nancy’s home, so she can’t swindle money. This equivalent framework can be utilized to manage exchanges, everything being equal, from messages to how an organization pays its staff.
Unlike Bitcoin, there is no upper limit on how much Ether can exist. Albeit, the measure of Ether presumably will not go over 100,000,000 for an extremely, long time.
The Ethereum exchange time is fast — Ether-powered smart exchanges simply require seconds to complete.
How to mine Ethereum?
In both Bitcoin and Ethereum, new money (Bitcoin or Ether) is made by an interaction called ‘mining’. Nodes on a blockchain need to verify all transactions; once that’s done, they get rewarded with new currency. For instance, an Ethereum node called a miner is remunerated with another Ether.
This is called mining since it is like gold or precious stone mining. Rather than delving in the ground, however, the miners are literally mining through transactions, verifying them in the process.
Mining Ether in this manner is termed ‘Proof of-Work’ mining. It is called PoW (Proof-of-Work) on the grounds that the node needs to show that it has done the ‘work’ (confirmed the exchanges) to get its Ether reward. The terrible thing about PoW mining is that it utilizes a great deal of processing power and a whole lot of electricity, making it costly and awful for the planet. Hopefully, that cleared up the concept of Ethereum mining for you.
Before long, Ethereum engineers are planning to switch to an alternative technique, called PoS (Proof-of-Stake). This strategy utilizes substantially less power, so it’s much better for energy costs and the planet!
In PoS, clients with a great deal of Ether are chosen to check transactions (at random). This type of mining will be remunerated with expenses instead of another money and will consume much less electricity.
How to store Ethereum?
Ether doesn’t leave the Ethereum blockchain, so it isn’t truly put away at a different place. In the event that you need to utilize Ethereum, you’ll need a ‘wallet’ (in some cases called an Ethereum ‘address’).
Your Ethereum wallet will not contain any Ether, however it will contain the codes required to get to it. These codes are called private keys. On the off chance that you lose your private keys, you lose your Ether. So picking a decent wallet is vital! There are four primary kinds of wallets accessible to Ethereum users:
These are physical devices such as USB sticks. The Ledger Nano S is one of the more-costly hardware wallets, and it offers safe disconnected key stockpiling. While that might sound convenient and safe, just remember that like a key, it can also get lost. Thus, be cautious where you put it.
Store your public and private keys straightaway on your PC. This choice requires you to have a password that you must remember. It likewise occupies a great deal of storage space. Exodus is a good option among these wallets.
These are similar to desktop wallets, but require far lesser space. They are ideal for putting away your public and private keys on your cell phone. Jaxx offers its clients key stockpiling for up to 13 distinctive cryptocurrencies, so you are spoilt for choice.
Store your private keys on the web —like with the Coinbase wallet. As far as security goes, these are by far the most unsafe. So don’t store any Ether that you can’t afford to lose on these wallets.
These are the most antiquated stockpiling choice — they are simply bits of paper with your access codes printed on them. They can’t be hacked, but they can fly away, burn, get torn or have water spilled on them. Even worse, you might forget where you put these paper wallets. So use them with utmost care.
If an Enthereum wallet is associated with the web, it is called ‘hot storage. On the off chance that it isn’t associated with the web, it’s called ‘cold storage. While putting away private keys, it’s suggested that you utilize a blend of both hot and cold wallets for the top most level security.
How to Buy Ethereum?
You can purchase Ether from three principal sources:
These are coin trades like Coinbase which purchase and sell Ether for a charge. They are easy to utilize yet may frequently be to some degree costly. You can utilize them to purchase Ether with your fiat cash (USD, EUR, and so on)/credit/debit cards/online bank transfer.
These platforms such as Cex.io interface the purchaser and the vendor in return by utilizing a middleman (Cex). This is the thing that dealers use to exchange one kind of cryptocurrency with another. For instance, purchasing Ether with Bitcoin, or selling NEO for Litecoin.
These platforms such as LocalEthereum permit purchasers and dealers to get in touch with one another straightforwardly to negotiate costs. This choice is less secure than the other two as you are exchanging straightforwardly with somebody you don’t really know very well. However, the absence of a middle man means that you don’t need to pay any transaction charges, and you can pay utilizing hard cash as well.
Another incredible choice would buy Ether coins through Simplex – a fintech organization pointed toward furnishing you with complete exchange security and smoothness. Here, you’d have the option to purchase Ether with credit/debit cards as well.
What is happening with Ethereum now?
A great deal of dApps are being made on Ethereum’s blockchain and they are being funded by a kind of fundraiser called ICO.
What are Initial Coin Offerings (ICOs)?
These permit designers to offer the idea of their product on sale to pay for its creation. Think of it as a Kickstarter for dApps.
Here are some of the dApps being created (or that have effectively been created) on Ethereum with ICOs:
Golem is a dApp which permits clients to lease the inactive computing and processing capability of their PCs to one another. It resembles having the option to lease your vehicle to different drivers when you’re not utilizing it.
EtherTweet is a platform for communication similar to popular social media apps except for the fact that it’s on the blockchain so there is no central authority for regulating it. Believe it or not, it’s a dApp adaptation of Twitter, and it is totally uncensored.
Etheroll is an online gambling club that utilizes Ethereum’s blockchain to make reasonable online dice games. Think of it as a blockchain casino.
What are some issues with Ethereum?
With so much good stuff going on, it’s easy to look past the problems with Ethereum, but there a few stark ones.
Some critics have deemed the platform to be extremely complicated for the average user.. This intricacy could imply that accomplished clients could possibly trick amateurs on the off chance that they needed to. Ethereum has been contrasted with DOS, since DOS needs Windows to make it easy to use. Thus, perhaps there will be something delivered later on that will make Ethereum easier to understand!
What is the Future of Ethereum?
Envision every one of the various exchanges that happen in regular daily existence. Purchasing or selling a vehicle, leasing a loft, putting down a wager on the Super Bowl. They all include confiding in outsiders with your cash and your data. Ethereum settles this issue, which implies it has heaps of potential for what’s to come.
Increasingly more genuine innovation is associated with the web each day — we consider it the ‘Internet of Things’ (IoT). Entryway locks, coolers, broilers, lights, boilers, and TVs are totally associated with the web and they all should be run securely and with clear guidelines.
Presently, envision an existence where smart contracts and dApps consequently direct those exchanges and advances, while an impregnable record of that is stored online in perpetuity. That sounds very nice, doesn’t it? So go get yourself some Ethereum now.
As far as bank accounts go, the two most commonly used types are Checking and Savings accounts. While both of these accounts store your money and keep it safe, they do differ in some key aspects. In this post, we will go through the differences between checking and savings accounts. After you are done reading this, you will have a clearer idea on the subject and you will be able to choose between these accounts better. Let’s get started.
Checking vs Savings Account: All You Need to Know
How can you use savings accounts?
Savings accounts store your savings safely and pay you a decent amount of interest on the balance. Here’s what you can do with savings accounts:
Grow your money
Savings accounts usually pay a decent interest rate and the money that you don’t use grows because of the interest paid. This is the biggest advantage that savings accounts have over checking accounts, which usually don’t pay any interest to users.
Separate long-term money
If you’re saving for a rainy day or other financial goals (like a vacation or down payment), savings accounts can help. By removing funds from your checking account, you’re less likely to overspend. It can even make sense to use multiple savings accounts for various goals.
Access Your Savings
If you intend to spend some of your savings, you have different ways of accessing it. There are some federally placed restrictions on your withdrawals though. It’s always best to enquire with your bank about them. Usually, you can make up to six withdrawals per month, but certain types of transactions are unlimited.
Transfer to checking
When you plan to use a certain amount of money, you can transfer funds from your savings account to your checking account. That’s almost instant if both accounts are at the same bank, and it typically takes a few days to move money from one bank to another.
When you want to withdraw cash from your savings account, you don’t have to visit a bank for doing that. You can do the same with the help of the ATM cum debit card that your bank provides and use it to withdraw cash at an ATM as frequently as you like.
Request for a cheque
While these have become somewhat outdated today, you can still ask your bank to print cheques for you. You can then deposit these cheques at a different bank or credit union. The number of checks don’t have any limit and you can get as many as you request from your bank.
What are the savings account fees?
The charges and fees levied for savings accounts are usually lower than that of checking accounts. However, you should definitely review fee schedules before you open an account. Monthly charges are unusual, but ATM fees are almost always charged. If you make more than a certain number of withdrawals a month, you will have to face excess-transaction fees.
How can you use a checking account?
A checking account is best for users who need to perform frequent transactions. The money in it can be used in many ways. Here are some of the ways you can use your checking account:
Automatic electronic payments
Most of us have to pay bills every month and sometimes keeping track of every single bill and its deadline becomes a little complicated. This is where a checking account comes in very handy. With your checking account, you can have funds deducted automatically each month, eliminating the need to manually pay bills. You can set up automatic payments for mobile phone bills, mortgage payments, and insurance premiums. All you need to do is provide your checking account details to the person on firm you want to pay.
Debit card payments
A debit card allows you to spend from your checking account balance easily. You can use the card to pay at POS (Point of Sale) kiosks or use the card details to pay online.
Online bill payment with your bank
In addition to having billers deduct money from checking, you can send payments from your checking account on demand. Just log in to your account and set the payment up. After that, your bank will electronically transfer funds or mail a cheque for the purpose.
You can also use your checking account linked ATM cum debit card to withdraw money from ATMs. You can even use it for depositing money at some places.
With the rise of internet and digital payment modes, paper cheques have declined in popularity. However, they can still serve as an inexpensive and easy payment option.
What are the interest rates offered by checking accounts?
Traditionally, checking accounts don’t provide any interest on your account balance. However, these days, some checking accounts do provide interest payments on your account balance. This might be useful for you if you keep a large chunk of money in your checking account.To find interest-bearing checking accounts, look for:
Online banks that pay interest on checking balances: Alliant Credit Union’s High Rate Checking Account pays decent interest rates.
Local banks and credit unions with “rewards” checking accounts: Beware that you may need to meet strict criteria to earn a meaningful amount. One such scenario could be using your debit card for a certain number of transactions per month.
If interest earning is your primary goal, checking accounts are something you should avoid. Unless and until you have a large amount of money in your checking account (which most checking account users don’t), the low interest rates will not help you. You will be better off trying to get a free checking account that doesn’t drain your account balance. Calculate how much you’ll actually earn before you get too excited about interest checking.
Checking accounts are notorious for charging fees. However, you can get past this hassle with the help of free checking accounts. Here are the ways you can use them without paying any monthly charges:
What are the different kinds of checking account fees?
Here are the different fees and charges associated with checking accounts:
Monthly maintenance charges: These charges are deducted from your account balance every month. Ideally, you should look for ways to avoid paying these fees.
Overdraft charges: These are levied when you spend more money than your account balance. In such scenarios, the bank might “lend” you money or allow payments to go through even when your account has insufficient balance. You will need to eventually pay the amount back, in addition to the overdraft charges.
Insufficient funds fees: Similar to overdraft charges, but those might hit your account even when the bank doesn’t cover payments for you. In case you try to spend more money than you have, the bank will levy an insufficient funds fee.
Additional fees: You may have to pay ATM charges for using certain ATMs, although some banks rebate those fees. What’s more, some banks charge for requests like wire transfers, replacement debit cards, and stop-payment requests.
Find a free checking account: Check out local banks and credit unions and search for the ones which don’t levy a monthly maintenance charge. Some online banks also provide free checking.
Qualify for fee waivers: This is a common theme with most banks, if you fulfil certain criteria, your fees can be waived off. For example, if you set up direct deposit into your account (from employer), you may be able to bank fee-free.
Checking vs Savings Account: Conclusion
Checking accounts are used for making payments and are great if you intend to spend some money soon. Savings accounts are better for saving money for the future and earning interest. You should use a savings account when you don’t have immediate need of spending money from your savings.
The best place to retire in the world should offer comfort, luxury, and an overseas experience so that you can continue to reinvent yourself and your life. As a retiree, you’ll want to be able to live in a place where you can finally slow down and not have to shovel snow, do a 9 to 5, or live where the cost of living matches your financial situation. The places we have listed below meet those requirements thanks to our details such as (access to hospitals, proximity to the nearest airports, safety, cost of living, and so on) so that you might be able to pinpoint at least one spot where you can retire whenever you’re ready.
Best Place To Retire In The World: 9 Oversees Options!
Panama is an ideal place to call home for your retirement, if you enjoy a slower pace, or if you are interested in living in one of the world’s most interesting cities. Considered one of the best places to retire abroad, living it up is easy in Panama mainly thanks to its low population of less than 10,000 and thanks to its warm climate which is perfect for those who are of retirement age. The climate is hot and dry year-round. The average temperature is 86 degrees making it an easy living for expats. Speaking of expats or foreigners, Coronado, once the playground of wealthy Panamanians, is now home to many foreign retirees. English is widely spoken, and the U.S. dollar is accepted everywhere. U.S. retirees continue to head to Panama thanks to its top-notch health care, dollar-based economy and a “pensionado” program that allows residency and other benefits to financially qualified retirees.
One important factor when looking for retirement is access to hospitals. Therefore it’s comforting to know that the San Fernando Clinic, affiliated with Panama City’s San Fernando Hospital, is situated in Coronado. Other affordable and well-regarded hospitals in Panama City are all just an hour away.
Safety: A diverse destination filled with interesting people from all over the globe, locals are used to welcoming foreigners, and you can expect to be treated very well. In addition to friendly people, you’ll also enjoy all of the perks of modern society and a solid infrastructure. Coronado has made it simple for foreigners to become residents, and once your paperwork is all over, you will be granted access to a range of discounts on everything from restaurants and hotels, to travel and health care (did you know? the medical care in Panama City is considered “world-class”).
Aesthetics: New home in a city, by a beach, or on a mountain as you enjoy a pleasant climate that will give you the opportunity to remain active throughout your retirement.
Things To See: Located on the Pacific coast, The Coronado Country Club offers beach activities, fine accommodations, and dining.
Which airport is the closest? Tocumen International Airport in Panama City is just about an hour away from Coronado. There are nonstop flights to the U.S.
Cost of living: Panama placed at seventh (in a tie with Portugal) in the Global Retirement Index for the cheapest cost of living. If you are a retired American couple, you could live comfortably on $1,200 to $1,300 a month.
While Tlaxcala attracts tourists, it hasn’t been overrun by expats which keeps prices in check
The population is only 89,795 and Tlaxcala is one of the best places to retire in the world and is often called “Undiscovered Mexico”. It is situated in the mountains about two hours from Mexico City and an hour from Puebla, Tlaxcala making it a slower pace of life than its bustling neighbors. The climate here is always mind and comfortable. The high elevation keeps the city’s average temperature at around 60 degrees. Summers are rainy, and winters are dry. One important factor when looking for retirement is access to hospitals. Tlaxcala has multiple medical facilities within the city, and major hospitals can be found in Puebla and Mexico City.
Safety: Compared to the other parts of Mexico, Tlaxcala has been kept away from drug-related violence.
Aesthetics: The city retains its historical charm in part to its brightly painted colonial-era buildings.
Things To See: An architectural highlight is the large, tree-studded Plaza de la Constitucion, which features fountains, statues, 28 archways and colorful murals narrating the history of the state. Volcanoes are spread throughout the horizon, including Malintzin, one of the tallest in Mexico.
Which airport is the closest?: Catch nonstop flights to the U.S. from international airports in Puebla (just one hour away from Tlaxcala) and Mexico City (about two hours away).
Cost of living: Mexico ranked tenth in the Global Retirement Index for the lowest cost of living. If you are an American couple, you might easily live modestly on $1,500 a month and very comfortably on $2,500.
Offering much peace and quiet, this region offers creat temperature all year round. The usual temperatures vary from the mid 50s in winter to the high 70s in summer. July and August are the hottest months; January, the coolest. Most exciting is the fact that France and the Pyrenees lie due east. Even if you order dinner or ask for directions, knowing a little Spanish goes a long way, though many locals tied to the tourism field will speak English. Although the population is mildly high with a number such as 353,187, access to health care is a plus as a result. Bilbao has modern hospitals and clinics. There are numerous pharmacies, including some that are open 24 hours a day.
Safety: Bilbao is one of Spain’s biggest cities and is safe with an efficient, cheap public transportation system, along with miles of parks.
Aesthetics: Outdoorsy folks would love the beach which is less than an hour away. Bilbao is a huge plus for foodies as well as art lovers as it has a plethora of restaurants serving everything from traditional Basque dishes to innovative cuisines, such as molecular gastronomy.
Things To See: It has undergone an urban rejuvenation, becoming home to the Guggenheim Museum Bilbao, with its titanium panels and striking architecture that draw tourists from around the world.
Which airport is the closest? The Bilbao Airport is situated about seven miles north of the city center, or about 15 minutes by taxi.
Cost of living: Spain isn’t cheap, but it’s lower in costs since the real estate market went bust. The nation tied for 12th place, with Brazil and Honduras, on the Global Retirement Index for cheapest cost of living. If you are an American couple, you could live comfortably on $3,500 a month.
Malaysia: George Town
Most people famously travel to Malaysia for affordable, quality medical and dental services, especially from the Middle East. One important factor when looking for retirement is access to hospitals so it’s good to know that there are several hospitals and clinics in and around George Town.
Safety: George Town sees a lot of foreigners and is quite safe. Over the past decade around 20,000 foreigners, including 815 North Americans, have taken advantage of a system called Malaysia My Second Home, which is a program that offers retirement incentives like long-term residency status and breaks on car imports and purchases. Applicants of this program must meet strict financial requirements. Although the population is quite high with 740,200 people, there is a charm and bustle to George Town, the capital of the Malaysian state of Penang.
Aesthetics: George Town is often considered British colonialism on the cheap. It’s got a lot of natives who live there, mainly ethnic Chinese, but in terms of language English is spoken, thanks to the country’s historical tie to Britain. Unlike Britain, the temperature here is very different – the average temperature is a muggy 80 degrees year-round but one similarity exists: it rains a lot in George Town which is located in northwest Malaysia, and gets its fair share of rain, particularly in April and October.
Things To See: A Unesco World Heritage site, Malaysia’s oldest city is known for its rich history but also for its street food and intriguing architecture.
Which airport is the closest? Penang International Airport is 11 miles south of George Town, but keep in mind that one flight connection is required to reach the U.S.
Cost of living: Malaysia came in third, right behind Thailand and the Philippines, in the Global Retirement Index as one of the lowest living costs. If you are an American couple, you can get along extremely well on $1,500 a month.
Ireland has experienced an increasing housing bust. For retirees at least, this is a great thing as the dramatic decrease in real estate costs has put Ireland within reach for those who couldn’t afford or even think to live in Western Europe. English is spoken everywhere of course, and many of the foods and traditions like St Patrick Day will be familiar to Americans. Yes, the population is a bit high with 250,653 and yes, the weather can be dreary (ranging from the mid-40s to the high 60s, with rainfall pretty much all year), but Galway’s pluses outweigh that minus. One important factor when looking for retirement is access to hospitals. Therefore it’s comforting to know that Galway University Hospital runs two local facilities, University Hospital Galway and Merlin Park University Hospital, in the city.
Safety: The city, located on the western coast of Ireland, is safe, welcoming, and walkable.
Aesthetics: Those who are looking to retire will fall in love with the beautiful beaches, verdant countryside, and the cobblestone streets at the heart of the city filled with restaurants, bars, and shops.
Things To See: Galway is also known for its festivals, which celebrate everything from oysters to horse racing.
Which airport is the closest? For nonstop flights to the U.S., the best bet is Dublin, three-and-a-half hours from Galway by bus or three hours by train. A closer substitute is Shannon Airport, which is around two hours from Galway by bus.
Cost of living: Ireland came in 19th out of 22 countries ranked on the Global Retirement Index for the cheapest cost of living. Only France, Italy and New Zealand have higher living costs. If you are an American couple, then you could live comfortably on $2,500 a month.
Salinas is famous for being like Miami without Miami prices and without the traffic! The population is much lower, coming in at 34,719. The climate is kind of similar too with it averaging in the 70s during the day and falling into the low 60s at night. One important factor when looking for retirement is access to hospitals and Salinas has a 20 minute drive to several clinics in La Libertad and Santa Elena. There’s even a local doctor in Salinas, popular among retirees and foreigners, who makes house calls. The charge: $30 per visit. Retirees or expats will find top-notch hospitals two hours away in Guayaquil.
Safety: Ecuador is a relatively safe country, but just like many countries, pickpocketing and other petty crime can be a problem, particularly in large cities such as Quito and Guayaquil.
Aesthetics: Jutting out into the Pacific, Salinas is Ecuador’s largest coastal resort town, with great oceanfront condos, open markets and upscale restaurants.
Things to See: A jetty, home to the Salinas Yacht Club, distinguishes trendy San Lorenzo Beach from the quieter Chipipe Beach.
Which airport is the closest? The closest airport is about two hours by car or three hours by bus to Jose Joaquin de Olmedo International Airport in Guayaquil, Ecuador’s largest city. From there, you can fly directly to the U.S.
Cost of living: In terms of the cheapest cost of living, Ecuador came in fourth — and number one for Latin America — on the Global Retirement Index. A retired American couple could live well on $1,500 a month ( for an American couple including dinner out most nights) even a high-end beach lifestyle on the cheap as this is one of the least-expensive beach resorts in Latin America. No wonder there is a growing expat community.
Known as the “Pearl of the Adriatic,” Dubrovnik is one of the pricier locales in Croatia, but it’s affordable compared with better-known Mediterranean hot spots. With a low population of 42,615, Dubrovnik has an ancient charm attached to it. The climate here is seasonale and ranges from the mid 40s in January and February to the low 80s in June and July.One important factor when looking for retirement is access to hospitals, so it’s nice to know that General Hospital Dubrovnik, a full-service hospital, is located right in the center of the city.
Safety: Croatia sees a steady influx of tourists who find it safe. The population of Dubrovnik is also low which is a plus point but it’s tourism brings in people. One good thing to come out of that is English spoken at shops and restaurants.
Aestherics: Sandwiched between mountains and sea, Dubrovnik’s geography is breathtaking. Those in search of culture, history, and architecture will be very pleased in this medieval walled old town, which is home to a 14th-century monastery.
Things To See: Not only can retirees soak up all the history and attend cultural events such as the Dubrovnik Film Festival, they can also enjoy beaches and island-hop along the coast.
Which airport is the closest? In terms of proximity, the Dubrovnik Airport is about ten miles from the city center in Cilipi. You have to make one or two connections (possibly in Zagreb and then in a major European city) to head to the U.S.
Cost of living: If you are a couple from the USA, you could live comfortably on $2,700 a month. Please note, Croatia wasn’t ranked in the Global Retirement Index.
Because this famous city is in the mountains, Medellin has consistently pleasant weather which is springlike year-round, the average temperature is a pleasant 72 degrees Fahrenheit. Thanks to its mountain setting, nights can be cool and humidity isn’t an issue. These days, Medellin is an industrial, economic and financial center for Colombia and a literary and artistic area. The city is home to 2.4 million people in addition to newspapers, radio networks and publishing houses. Is it home to hospitals that are catered to retirees? The good news is that five of the top hospitals in Latin America are located in Medellin. Affordable, high-quality health care has made the city a popular destination for medical tourism. (Note: Medicare does not cover overseas medical care.)
Safety: A lot of things have improved in the 20 years since drug lord Pablo Escobar was killed by Colombian soldiers here. Today, Medellin is known more for its growing tourism industry and architectural renaissance than cartel violence. Parks, libraries and museums abound, thanks to a decade-long urban revitalization effort that’s earned international acclaim, and a modern metro and tram system connects far-flung neighborhoods. Unlike other popular retirement spots in Latin America, Medellin isn’t overrun with foreign expats, so real estate is still relatively affordable. On a final note, while Colombia’s second-largest city is vastly safer than it was a decade ago, crime (including violent crime) is much more prevalent than in the U.S. American retirees should heed State Department warnings on travel and safety.
Aesthetics: Medellin is a pretty and tidy city of parks and flowers. Almost every building is constructed of red brick and topped with red clay roof tiles, which creates a delightful effect.
Things To See: Local artist Fernando Botero’s corpulent sculptures adorn many of the European-influenced public spaces. Popular events include an annual poetry festival, an international jazz festival, an international tango festival and an annual book fair. Medellin has good wines, great coffee, outdoor cafes and open-air music venues.
Which airport is the closest? The closest one is Jose Maria Cordova airport which is located 19 miles to the southeast of Medellin’s city center, in Rionegro. There are nonstop flights to Miami and Fort Lauderdale, Fla.
Cost of living: Colombia tied for 16th (with the Dominican Republic) out of 22 countries in the cost-of-living component of International Living’s Global Retirement Index. The top-ranked nation has the lowest living costs, while the 22nd-ranked nation has the highest. A retired American couple could live comfortably on $1,500 a month in Medellin. A small apartment in the center of the city costs about $75,000.
Belize: Ambergris Caye
Last on our list of the best place to retire in the world is a tropical place where you will no longer have to deal with the burden of shovelling snow and having to bundle up to endure the cold temperatures in the winter. Because the official language is English, and residents often speak Spanish and English fluently, you may be able to retire overseas without having to worry about learning another language, if you choose Ambergris Caye. Adding to the charm of the island, most inhabitants get around by golf cart, but be aware that the sparkling azure waters make tourism a primary industry here. Ambergris Caye is a 26-mile long and one-mile wide island of white sand that sits just offshore from mainland Belize. The Mesoamerican Reef is the longest barrier reef in the western hemisphere.
Safety: This is an island of sun- and fun-loving people who enjoy the warm turquoise waters and natural beauty of this Caribbean island.
Aesthetics: Ambergris Caye is the country’s biggest island, where you can explore Mayan ruins, as well as typical tropical sports such as windsurfing, sailing, snorkeling, diving, and swimming. Living here, you could wake up each day to the sound of waves lapping gently on the shore and the faint crash of the ocean farther out as it breaks against the coral reef.
Things To See: The heart of Ambergris is San Pedro, a quirky, comfortable little beachside town with open-air bars and restaurants, art galleries, wine shops and bakeries, an infrastructure that has developed as a result of the big expat presence.
Which airport is the closest? Ambergris Caye is located around 15 minutes by air from mainland Belize. Hourly flights from the Philip Goldson International Airport in addition to the Belize City Municipal Airstrip to Ambergris Caye are offered through local airlines Maya Island Air and Tropic Air.
Cost of living: If the relaxed pace of island life sounds idyllic, the cost of living per month is also good at $2,300.
The economic upswing of 2021 continued as stocks continued to rise in February. The rise was fuelled by widespread anticipation of the release of more stimulus. The Federal Reserve has also been friendly during 2021 and is going to support the economy with asset purchases and low interest rates. Asset prices have seen some inflation and real estate prices have risen with Bitcoin holdings hitting an all time high of $58,000 in February. Rising interest rates did cast a shadow of doubt over the market but the S&P 500 managed to finish the month off with a small gain eventually. The vaccination program is also going on in full steam and that is also helping with pushing the markets up. March seems to be a good month to invest, especially if you are looking to book some short term gains. In this post, we will take a look at 5 stocks that will help you in case you have a short term vision for your investment. Let’s get started.
Here Are the 5 Best Stocks to Buy in March 2021 for Investors with Short Term Vision
Viatris Inc. (VTRS)
The first stock to buy in March with short term vision is Viatris Inc. It’s a healthcare company, manufactures and distributes various medicines for patients in the United States and internationally. Its portfolio comprises approximately 1,400 approved molecules across a range of therapeutic areas, including non-communicable and infectious diseases; complex generic and branded medicines; a portfolio of biosimilars; and various over-the-counter consumer products, as well as active pharmaceutical ingredients. The company is headquartered in Canonsburg, Pennsylvania.
United Natural Foods Inc. (UNFI)
United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It is great stock to invest in March, especially with short term vision. It operates in two segments, Wholesale and Retail. United Natural Foods, Inc. was founded in 1976 and is headquartered in Providence, Rhode Island.
PC Connection Inc. (CNXN)
PC Connection, Inc., together with its subsidiaries, provides a range of information technology (IT) solutions. The company operates through three segments: Business Solutions, Enterprise Solutions, and Public Sector Solutions. It offers IT products, including computer systems, software and peripheral equipment, networking communications, and other products and accessories. Its past performances have made the stock a great choice to buy in March for investors looking to book short term profits. The company also provides services, such as design, configuration, and implementation of IT solutions. The company was founded in 1982 and is headquartered in Merrimack, New Hampshire.
CarGurus Inc. (CARG)
If you are looking to invest in the short term during the month of March, CarGurus, Inc. is a great stock to buy. It operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell their car in the United States marketplace. Its marketplace connects dealers to a large audience of informed and engaged consumers. The company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom; and the Autolist and PistonHeads online marketplaces as independent brands in the United States and the United Kingdom. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.
Pax Global Technology Limited (PAX)
PAX Global Technology Limited, an investment holding company, engages in the development and sale of electronic funds transfer point-of-sale products worldwide. Its E-payment terminal products include smart and traditional E-payment terminals, smart electronic cash register solutions, mobile E-payment terminals, and QR code E-payment terminals, as well as other accessories. The company also develops PAXSTORE, a cloud-based platform that allows users to create and manage their own independent white-label marketplace for software application distribution; and paxRhino, a key injection service. In addition, it provides payment solutions services, and maintenance and installation services. The company was founded in 2000 and is based in Wanchai, Hong Kong. If you are looking to invest in stocks with short term vision in March, look no further.
As things stand today, most new investors would most likely use an online investment platform to begin their foray into the world of investment. However, just like for every Uber, there’s a Lyft, the competition in the online investment platform/mobile app field is also quite strong. All investors have a lot of options to choose from. Two of the most popular platforms of that kind are Stash and Acorns. Stash vs Acorns is a battle that is being waged in the mind of just about every potential investor looking to invest through an online investment app. If you are an investor who is thinking about choosing between Stash and Acorns, you’ve come to the right place. In this post, we will take a quick look at the differences and similarities between Stash and Acorns and guide you towards the decision that works the best for you. Let’s get started.
Stash vs Acorns 2021: Important Things To Know
What is Acorns?
Acorns began with only automated investing for $1 per month. It went on to expand through acquisitions to support retirement accounts and recently launched a bank account. Acorns Core is available for $1 per month. Acorns Core + Acorns Later (retirement account) costs $2, and the whole suite of Acorns Core, Acorns Later, and Acorns Spend (checking account with a debit card) is $3 per month. If you are an investor who wants to keep all of your finances inside an app, Acorns is one of the best available options for you. While it’s not free, it does continue to be a low-cost and easily attainable alternative for investors.
Acorns provides a lot of fun and interesting ways to contribute and add to your account. You have the option to create automated recurring investments, round-up change from debit or credit purchases, and acquire bonus cash invested whenever you use partner brands to shop.
What is Stash
Stash Invest is a simple and good investment app where you can get started with just a few dollars. Stash also provides support for taxable brokerage accounts, retirement accounts, and custodial accounts so that you can open one for any major financial goal.
Stash charges $1 per month for taxable accounts up to $5,000 and 0.25% for larger accounts. For retirement accounts, Stash charges $2 per month for accounts with less than $5,000 and 0.25% for accounts with $5,000 or more. You can choose between a traditional and a Roth IRA.
You can invest in exchange-traded funds (ETFs) or fractional shares of stocks, and Stash never charges any trading or brokerage commissions or fees.
Stash is one of the best platforms for people who are learning how to invest. It provides great suggestions around building your ideal portfolio (similar to a Robo advisor). At the same time, you also get the option to choose any kind of supported investment. Acorns also supports recurring contributions and one-time deposits.
Stash vs. Acorns: Services & Features
Both Acorns and Stash share a fantastic feature, automated investing. This helps investors overcome the hurdle of their own selves.
Each app has the ability to invest automatically based on investment preferences that you set (your goals, your time frame, your tolerance for risk, etc.). Both the apps come armed with a set of basic tools for starting investors. You don’t really need a lot of money to get started with either of these apps. They also both work for individual taxable accounts and Roth and traditional IRA accounts. Both Stash and Acorns come with nudges and automation to make saving and investing easier.
Stash sets itself apart with its SRI (socially responsible investing) portfolios. Users can focus their investments on different themes based on their values. Stash also comes with more than 100 investment options that are paired with a banking capability that holds the money of the investors when it’s not invested.
The company primarily works through fractional shares, which allows for its low initial costs. This involves the app’s buying a full share and splitting it up into smaller shares. In case the ownership of a $100 share is split, you will be able to claim ownership of it for any price.
Acorns allows users to sweep the change from everyday purchases to their investing accounts. A similar feature called Found Money rebates you up to 10%. However, a lot of rebates are significantly lower, on purchases at select merchants — including Airbnb, Blue Apron and Lyft. You can then have that cash in your account within two-four months.
Stash vs. Acorns: Online & Mobile Experience
Acorns and Stash offer both a mobile application and a desktop version. This allows you to monitor your account via your phone or your desktop at home. Both apps are available for iPhones and Android devices. They also allow you to check your balance, schedule deposits and withdrawals and view the performance of your investments. Users can also adjust the mix of their investments. Now that we have covered the similarities, let’s look at the differences.
Stash’s app comes with a lot of educational materials and investment information. It also has a nice banking option. Users can also buy fractional shares of stocks on the app. It also has a very strong budgeting platform on top of the buying and selling platform.
Acorns’ mobile app invests your money by linking your mobile application to your bank account. There is no limit to the number of credit cards and bank accounts you can link. Acorns automatically rounds up or rounds the transaction to the next increment. After that, it’s deposited into your investment account. You can also set daily, weekly, or monthly schedules for all of your deposits.
Stash vs. Acorns: Fees
Stash comes with three tiers. The Stash Beginner program costs $1 a month. Stash Beginner comes with features such as banking with the Stock-Back card, investing, budgeting and personalized advice. The Stash Growth plan costs $3 per month and includes everything that Stash Beginner does, plus a Roth or traditional IRA capability. Stash+ is the third tier plan and investors need to pay $9 per month to avail its services. Stash+ has all of Stash Growth’s features while also providing custodial investment accounts for kids and an exclusive monthly report on market insights.
Acorns also comes with three types of accounts. The Acorns Lite account costs $1 per month. For that fee, Acorns will open an investment account for your spare change that you’ll invest whenever your qualifying purchases can be rounded up to the nearest dollar. You also have the option to earn some bonus investments through more than 350 Found Money partners.
The Acorns Personal account costs $3 per month. With that, you get an investment account, a retirement account, a debit card with access to more than 55,000 fee-free ATMs. You also get bonus investments (up to 10%).
The Acorns Family account costs $5 per month. In this program, you can get additional accounts for your children. You also get personal investment, retirement and checking accounts. This type of account also allows you to add multiple children at no extra cost and offers family financial advice, exclusive bonus investments, automatic recurring investments and added flexibility with the funds in your accounts. When you take the Acorns Family account, you also get the added benefit of potential tax savings as your children grow older.
Stash vs Acorns: Who should use it?
Stash is quite good for first-time investors, providing a lot of help and guidance. For beginner investors struggling to find a place to start, Stash provides information on how to select suitable investments, manage your portfolio and offers insight on good trading tactics.
Stash is also great for people looking for a more hands on investing experience. Unlike most robo advisors which tend to have a hands off experience, Stash allows users to make direct trading and investing decisions.
Stash is also great for people interested in Socially Responsible Investing (SRI) as it gives investing options that make it appealing to people who want to invest based on their values like environmental concerns.
Acorns is one of the best services available in the microsavings category. It’s a great place to start for people who have a small amount of savings or are in need of any kind of nudge to invest without having an impact on their existing lifestyle. Acorns also provides a checking account, retirement accounts, and custodial accounts. This has improved its appeal by a lot over the years.
Stash vs Acorns: Conclusion
In the majority of ways, Acorns ends up triumphant in the Stash vs Acorns battle. While it shares its base features as Stash, it does come with better portfolio management. While both Stash and Acorns offer low cost funds, Acorns’ offerings are a little cheaper. However, if you are a Stash user, you do get to select your thematic interests from a wider pool of ETFs. You also get access to individual stocks. Overall, investors can expect to pay less with Acorns than Stash, and while that difference might not seem very stark on the surface, it really builds up over the long term.
Acorns provides some incredible value for the price that it charges. Its features and pricing can give some of the larger robo-advisors a run for novice investors looking to get in the game. Acorns’ ace of spades is its simplistic approach which comes with basic but real investment advice and planning. Hence, it is definitely wonderful for investors who are just starting up.
TD Ameritrade and E*TRADE are two of the most famous and widely used investment brokerages in the market today. Investment brokerages help consumers with online trading and investment. TD Ameritrade vs E*TRADE is a battle for supremacy among the top investment brokerages. In case you were looking for the right investment brokerage for yourself, you must’ve come across these two names. If you are a little confused about which among the two to choose, this post is going to help you fix that. In this post, we will discuss the fees, services, online experiences, mobile features and other benefits offered by these popular investment brokerages. Let’s get started.
TD Ameritrade vs. E*TRADE 2021: Important Things to Know
What is TD Ameritrade?
Ranging from its Web Platform for all investing levels, to its think-or-swim platform for serious traders, TD Ameritrade offers a wide range of options through its robo advisor, making it an attractive option for both investing professionals and novices.
TD Ameritrade has a $0 account minimum, and as of October 2019 it offers free stock, ETF, and per-leg options trading commissions in the U.S. For options trades there is a $0.65 per contract fee. One of the country’s highest rated investment brokerages, TD Ameritrade comes with many mobile apps designed for investors, such as its famous thinkorswim app. With this app, users can trade a wide variety of investments, including stocks, options, foreign currencies and futures. TD Ameritrade also comes with some extremely customizable features. Users can generate charts, monitor trends and simulate more complex trading options. This is carried out based on the user’s risk tolerance, goals and overall investing strategy. TD Ameritrade also offers a vast base of educational tools and resources so that users can become more well versed with the world of investing.
What is E*TRADE?
E*TRADE is another highly popular investment brokerage that has a wonderfully streamlined and easy to use day trading app. Investors also have the option to trade stocks and ETFs. Future and option trading is also available. It’s very well priced (quite cheap actually) and the app comes with a built-in risk assessment tool that helps users gauge the potential risk factor associated with specific trade strategies.
TD Ameritrade vs. E*TRADE: Fees
E*TRADE and TD Ameritrade provide commission free trading for online equity, options, and ETF trades for U.S.-based customers. Both the investment brokerages come with per-contract options fees of $0.65, and $25 for broker-assisted trades, but mutual funds outside the no-fee list will cost $49.99 through Ameritrade versus E*TRADE’s $19.99.
Both brokers also generate interest on the difference between what you’re paid on your idle cash and what the brokerages earn on customer balances. Both brokers allow you to move your cash into a money market fund to get a higher interest rate. E*TRADE also comes with a stock loan program that allows you to share the revenue that it generates from lending the stocks held in your account to other traders or hedge funds (usually for short sales). Unfortunately, TD Ameritrade does no such thing and doesn’t share its revenues with its customers.
TD Ameritrade vs. E*TRADE: Trading Technology
E*TRADE’s order routing technology utilizes both spray and sequential routing, sending most orders to market makers. Over 95% of the S&P 500 Stocks orders enjoy price improvement. The router looks for a combination of execution speed and quality, and the company states it takes measures to get the best execution available in the market. The order routing report is updated quarterly on E*TRADE’s website.
TD Ameritrade’s order routing algorithm is focused on fast execution and price improvement. The company publishes price improvement statistics that demonstrate how a majority of the marketable orders get slightly more than 1½ cents per share ($0.015) in price improvement. TD Ameritrade also receives a small but significant payment for order flow but claims its order execution engine does not prioritize it. During the fourth quarter of 2019, TD Ameritrade received $0.0017 per share on average in payment for order flow.
Both companies offer backtesting capabilities. This is a great feature for investors looking to develop trading systems or test an idea before risking their hard earned cash.
E*TRADE vs. TD Ameritrade: Online & Mobile Experience
Both investment brokerages come with user-friendly web and mobile interfaces and proprietary apps. Users have the option to trade via mobile apps or online tools. Both the investment brokerages come with strong online resources available to teach beginners about using the platforms, research stocks and more.
E*TRADE comes with two mobile apps: E*TRADE Mobile App, which is designed for all E*TRADE customers to help simplify investing and trading via a mobile device. The Power E*TRADE app is available on both mobile and desktop devices that comes with much more detailed info about trading and investing.
Like E*TRADE, TD Ameritrade also comes with two mobile apps: TD Ameritrade Mobile App has all the essentials that customers need to manage their accounts from their mobile devices. This app can also sync with Apple’s smartwatches. The other TD Ameritrade app is the famous thinkorswim. It is available on mobile and desktop devices and provides a lot of trading tools that can be used by clients to make wiser investment decisions.
E*TRADE vs. TD Ameritrade: Who should use it?
TD Ameritrade is a turnkey financial product. It is very usual friendly and doesn’t charge any fees/commission for stock/ETF trading. On top of that, users don’t need to maintain any kind of account minimum or pay any base commissions in order to use TD Ameritrade. TD Ameritrade also comes with intuitive platforms to help investors, whether novice or not, research stocks, place trades and manage their portfolios. Another great feature of TD Ameritrade is the fact that you can bank with them as well.
E*TRADE can be used by beginner investors as well. However, they must be ready and willing to spend some time and effort learning the app properly. They can benefit from a vast array of educational resources. E*TRADE’s ease of use on its desktop and app is another salient feature of this popular investment brokerage.
It’s also a solid choice for options traders looking for some of the lowest commissions on the market. Options traders can also enjoy the support of E*TRADE Options Specialists. These specialists are easily available and can help you execute a trade you are struggling with. The brokerage’s service – particularly the mobile app and the OptionsHouse trading platform, are more specifically meant for active traders. While it can be used by everyone, only experienced, active traders can extract the most out of it. E*TRADE also sets itself apart by virtue of having a robust, user-friendly app and over 200 futures products available.
While TD Ameritrade and E*TRADE are both reputable and easy-to-use platforms where both new and seasoned investors can trade, they have a lot of other great features. . Both the investment brokerages don’t charge a single penny as brokerage and are known for their glowing customer reviews.
E*TRADE vs. TD Ameritrade: Security
E*TRADE and TD Ameritrade’s security systems are well up to the industry standards. Both the apps have biometric recognition options (both fingerprint and face). Both the brokerages are armed with protection measures against account losses due to unauthorized or fraudulent activity. Neither of these two brokerages have reported any significant data breach over the last few years.
E*TRADE comes with excess Securities Investor Protection Corporation (SIPC) insurance provided by London insurers. The aggregate limit of that insurance is $600 million.
TD Ameritrade’s excess SIPC insurance, also provided by London insurers, gives a protection of $149.5 million for each client when it comes to securities. There is a $2 million protection for cash as well.
E*TRADE vs. TD Ameritrade: Conclusion
Because TD Ameritrade comes with a fantastic collection of educational offerings, live events, and in-person help via a widespread network of branch offices, it is brilliant for beginners. On the other hand, E*TRADE is an excellent option for traders and investors with experience, especially because of the significant upgrade to its options analysis and trading capabilities.