Investments
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IRS: What the Inflation Reduction Act Means For You
2022 has been a year of major change, and taxpayers are going to start seeing some of the financial impact of that in the coming tax season. Fortunately, as the IRS Taxpayer Advocate Service outlines, a lot of those changes could actually be good news for taxpayers. The new law includes a lot of tax…
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Here’s What’s Coming to the New Upper Darby Community College Campus at Prendie
In September 2019, Delaware County Community College agreed to buy the former Archbishop Prendergast Catholic High School to create a new Upper Darby full-service campus. The Prendergast building at Garrett Road and Lansdowne Avenue will provide 30 classrooms with chemistry and biology labs, according to a release from the college. The Upper Darby campus will…
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Investing in Hedge Funds Isn’t For Amateurs. Here is What You Need to Know
Hedge funds can be a great means for investors to see significant gains in their assets if they perform well. However, one major key to seeing that kind of success is not going into the experience blind. Lacking research can also lead to investing in hedge funds being a costly learning process. That is why…
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Haverford Middle School Teacher Teams Up With Shark Tank Winner to Create Distracted Driving App
A technology teacher at Haverford Middle School has partnered with a former “Shark Tank” winner to create an app that will help prevent distracted driving, writes Terri Akman for The Philadelphia Inquirer. Nate Wagner and Ryan Frankel designed This App Saves Lives (TASL). It launches Nov. 12. Using the distracted driving app, you accrue one…
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Why The Popularity Of Alternative Investments Like Cryptocurrency Is On The Rise
It is no secret that the digital age has created a greater number of alternative investment opportunities, perhaps most notably cryptocurrency. However, other alternative investments have long existed, yet traditional options such as stocks, bonds, and cash have typically been the popular choices. Now, Nasdaq now reports that alternative investments are starting to eclipse the…
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How and Where to Spot Electric Vehicle Investment Opportunities
Electric vehicles have gradually been gaining a larger foothold in the country and that looks poised to continue. California is so confident in the trend that they have approved a mandate to phase out the sale of gas-powered vehicles by 2035. Other states are considering joining that initiative too. For investors, this means opportunity, as…
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New Investor? What You Need to Know to Become an Accredited Investor in 2022
If you don’t have much experience as an accredited investor, your knowledge might be limited to the fact that it allows you to potentially make big money. However, that opportunity also comes with more rules than what typical investments are subject to. Only certain groups of people qualify to take advantage of those options. The…
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Single-Asset Real Estate Investing Is On An Innovation Run
If you have grown tired of dealing with stocks but still want to invest for the future, getting into real estate is an increasingly popular option. It lets you be more hands-on in the success of your investment, and it stands up well against inflation. The site Benzinga offers advice for people dipping their toes…
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How to Find Quality Investors for Your Startup
So you have come up with a startup business idea that you think will be a big hit and has the potential to make lots of money. The only problem is, it costs money to get an idea off the ground and you don’t have that kind of revenue yet. But that’s what investors are…
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Nationally Recognized Wealth Management Group Moves to Historic Property in Chester Springs
Creative Capital Wealth Management Group, one of the top financial advisory firms in the nation, has relocated its headquarters from Phoenixville to Chester Springs after purchasing the jaw-dropping property at 1208 Kimberton Road. CCWMG, which specializes in alternative investments and is licensed in more than 20 states, will now operate out of a historic brick…
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How to Qualify and Buy IPO Stocks
When a private company goes public, it is an exciting time for investors. That is because the company will now offer an initial public offering (IPO) for investors to buy shares of the company. If you are confident this company has a bright future, that can feel like a huge opportunity to get in on…
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Exton-Based Brumbaugh Wealth Management Opens New Office in Greensboro, N.C.
Exton-based Brumbaugh Wealth Management — one of the leading, independent financial services firms in the Delaware Valley — has opened a new office in Greensboro, N.C., staffed by Andrew Scheppegrell at 101 South Elm Street, Suite 56. Andrew Scheppegrell is a Financial Planner and Director of Business Development, and the firm’s “resident” advisor. He is…
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Radnor’s NewSpring Holdings Sells Software Firm for $590M
The Radnor-based private equity firm NewSpring Capital has sold a company that provides software to the Department of Defense, Department of Homeland Security, the intelligence community and other federal agencies for $590 million, writes Jeff Blumenthal for Philadelphia Business Journal. The sale of Avantus Federal to QuinetQUS took place through NewSpring’s buyout strategy platform, NewSpring…
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Meet Ellen Cooper, the New CEO at Lincoln Financial in Radnor
The new CEO of Radnor-based Lincoln Financial is far away from her early goal of being a Broadway singer, but Ellen Cooper has done all right. Cooper heads one of the country’s largest public companies, writes Jeff Blumenthal for Philadelphia Business Journal. Lincoln Financial was her client when she was headed insurance strategy at Goldman…
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Phoenixville’s CCWMG — Renowned for Retainer-Based Financial Planning — Welcomes New Managing Director
Creative Capital Wealth Management Group, which employs a retainer-based planning model that is making waves in the industry, is currently in growth mode. Wayne resident Derek Dobin, who boasts 20-plus years of experience in finance and engineering, is the latest addition to the Phoenixville firm’s roster of professionals who utilize a team approach to help…
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This Year’s Hot Real Estate Market May Come with Big New Capital Gains Taxes for Home Sellers
For those selling their homes since the pandemic started, the real estate market has seemed kind of nice. Lack of available inventory meant many properties were getting lots of competition, resulting in offers over asking. But The New York Times describes how the pandemic threw the typical housing market out of whack for the last…
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Is Buying Stock in Start-Up Companies a Reliable Way to Save for Retirement?
It’s open knowledge at this point that retirement is less stable than it once was. Retirement ages are being pushed back, social security is looking in doubt for future generations, and even a 401(k) doesn’t have workers feeling as financially secure. Per the New York Times, this has prompted some to think outside the box…
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Wiser Wealth: 9 Top Accredited Investor Opportunities in 2022
To qualify as an accredited investor, you need to have a net worth exceeding $1 million or you need to be earning a yearly salary over $200,000. That criteria intentionally disqualifies quite a few people due to accredited investments having the potential to lose you a lot more money than other investments. But they can…
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