facebook-icotwitter-icogoogle-icorss-ico
connectsubscribearchives
Log in

Business

What investment risks should I know about?

What investment risks should I know about?
Taken by itself, the word "risk" sounds negative. But broken down into what it really stands for in terms of investing, it begins to be a little more manageable. By understanding the different types of risk and keeping an eye on your investments, you may be able to manage your money more effectively. Remember, strategic investing doesn’t mean "taking chances" so much as "making decisions." Long-term investing and diversification may be some of the most effective strategies you can use to help manage investment risk; however, neither guarantees against investment loss.

Read more...

Made In Rural America

Made In Rural America
“Only the Serious Need Attend” could have been the slogan for the Made In Rural America forum held at Southwest Tennessee Community College – Macon Cove Campus last week (July 17th).
 
In a small amount of time a tremendous amount of information was shared with those serious enough to consider doing business outside of their perceived comfort zone. The context was this: While most businesses focus on a local market and a few become national, there are some that have their business so together that they can pursue business on an international level.

Read more...

Naturals in the City Hair & Wellness Expo – Year III

Naturals in the City Hair & Wellness Expo – Year III
 
There is an empowering ring to the thought that natural beauty has an inside presence just waiting for the embrace of women, men and children. In that sense, TaKeisha Berry-Brooks is an empowering person.
 
 
The founder of the Naturals in the City Hair & Wellness Expo, Berry-Brooks was an organizer in motion this past weekend as the third annual event unfolded, drawing a lively crowd to Minglewood Hall on Saturday.

Read more...

What are SEP IRAs?

What are SEP IRAs?
A simplified employee pension plan (SEP) is a deferred-compensation arrangement that is similar to a profit-sharing plan. It can be set up by employers and self-employed individuals, as well as sole proprietorships and partnerships. Employers receive tax deductions for plan contributions made to employees’ accounts, and employees do not pay taxes on SEP contributions until they begin taking distributions (generally, in retirement).
 
Thus, SEPs can be attractive to both the employer and the employee.

Read more...

‘The State of Black Euphoria’

‘The State of Black Euphoria’
How amazing it is that black people in this nation, collectively, are the worst off but yet the most comical, entertaining, ostentatious, and self-defeating of all other groups.  It is striking how, in spite of all the negative aspects of our lives, we spend a great deal of our time living vicariously through the lives of super-stars and mega-heroes. They say “Ignorance is bliss,” so maybe we should use that phrase to our advantage by reporting the other side of the bad stuff we face.

Read more...

A partnership to corral the $40 billion African Americans spend annually on travel and tourism

A partnership to corral the $40 billion African Americans spend annually on travel and tourism
WASHINGTON – The U.S. Black Chambers (USBC) and the National Association of Black Hotel Owners, Operators, and Developers (NABHOOD) are now partners in a move to make sure that a significant portion of the $40 billion African Americans spend each year on travel and tourism remains in African-American hands.
 
The partnership was launched last week at the start of USBC’s professional development conference, held at the Marriott Marquis in the District of Columbia. The newly-opened, four-star hotel, next to the Walter E. Washington Convention Center, was jointly financed by Capstone Development, a private, black-owned development firm.

Read more...

Why do people buy annuities?

Why do people buy annuities?
Annuities are insurance-based financial vehicles that can provide many benefits sought by retirement-minded investors. There are a number of reasons why people buy annuities.
 
Deferral of taxes is a big benefit, and so is the ability to put large sums of money into an annuity — more than is allowed annually in a 401(k) plan or an IRA — all at once or over a period of time. Annuities offer flexible payout options that can help retirees meet their cash-flow needs. They also offer a death benefit; generally, if the contract owner or annuitant dies before the annuitization stage, the beneficiary will receive a death benefit at least equal to the net premiums paid. 

Read more...

Subcategories