Maverick Investing
It’s Your Money: Did You Pay Taxes?
If you didn’t pay your federal income taxes, you could face fines, interest payments, even liens on your property or pay check. You may also get a refund coming to you!
IT’S YOUR MONEY: What to Do if You Inherit Assets
What would you do if you inherited a chunk of change or other financial assets from a relative? Pat Barrett with Tafoya Barrett Associates offers some wise tips for heirs.
Can anything stop the next global recession?
IMF warns emergency tool kit that pulled global economy out of 2008 financial crisis might not work a second time Major financial institutions may be powerless to prevent the next global economic downturn from tuning into a full-blow recession, the International Monetary Fund has warned. In a speech on the future of the eurozone, the IMF’s deputy director David Lipton, warned of the depleted power of central banks and governments to...
IT’S YOUR MONEY: A case study of financial planning
Durango TV News Director Deborah Uroda works with Life Financial Planner Brad Tafoya with Tafoya Barrett & Associates to determine what retirement dreams she has and how she may achieve them in the next 5 years.
Real Estate Investing in 2019
As we begin a new year, you may be considering your financial goals and priorities. Perhaps you are considering investments and making plans. Is real estate investing on your agenda? There are several positive reasons to consider adding a real estate investment to your portfolio. We’ll take a high-level approach to some of the benefits. Intrinsic Value: Real estate is a “real” asset. You can see, feel, and touch it. Whereas some...
It’s Your Money: Making Life Changes
When a major life event or life change occurs, it’s helpful to have a financial advisor to keep on top of money issues.
IT’S YOUR MONEY: How Much Should Your Borrow for College?
Pat Barrett with Tafoya Barrett & Associates offers advice for figuring how much debt you should assume to obtain your college degree.
3 Top Marijuana Stocks Wall Street Expects to Drop at Least 25%
The green rush may soon have investors seeing red. Sean Williams (TMFUltraLong) The big day is rapidly approaching. In just over a month, on Oct. 17, recreational marijuana will go on sale in licensed dispensaries throughout Canada. When fully legal, the sale of adult-use weed is expected to usher in high demand and big dollar figures for the industry.In anticipation of this legalization — and the big profits that are projected...
Bitcoin bloodbath: Cryptocurrency plunges 20% in two days
Bitcoin investors are getting their digital butts kicked lately. Hard. Bitcoin prices have plunged more than 20% in the past two days. Ethereum, Litecoin, Ripple and other cryptocurrencies have suffered similarly large drops. The reason for the latest pullback? A Business Insider report that investment banking giant Goldman Sachs (GS) may be dropping plans to launch a crypto trading desk. Goldman Sachs told CNNMoney though that it...
Cronos Refutes The Shorts With A Focus On Science
Summary Cronos has been put under some pressure from a prominent short thesis. Cronos CEO took to CNBC to respond to those criticisms of his company and did so very effectively. Cronos deal with Gingko could lead to Cronos having cost advantages in what is potentially the most lucrative segment in cannabis. All cannabis investments are risky and investors should be cautious. Last week, Cronos was subject to some criticism from notable...
Google Now Provides a Big Data View of the Ethereum Blockchain
Internet search giant Google has added ethereum to its big data analytics platform BigQuery. Making the announcement in a blog post on Saturday, the company said that, while an API exists for commonly used functions such as checking transaction status or wallet balances, it’s not so easy to access all of the data stored on the ethereum blockchain. The post continues to say that “perhaps more importantly,” the API...
Monero Headed to $18k, Ripple Price Primed for 97% Crash: Research
Anonymity-centric cryptocurrency monero may be the best buy in crypto right now, and bitcoin’s not far behind. The ripple price (XRP), on the other hand, could be primed for a historic crash. Bitcoin, Monero Have Bright Futures That’s according to a new report from initial coin offering advisory and research firm Satis Group, which attempts to forecast what shape the cryptocurrency market will take over the next decade. The real...
Weed beer is near, and it’s gonna get weird
Maze of laws involving pot and alcohol isn’t stopping big deals between cannabis and booze companies By Max A. Cherney / Marketwatch.com Would you drink marijuana-infused beer? Beer companies think so, but they are going to have to navigate a hazy path of rules and regulations to find out. Two Roots Brewing Co. has spent millions of dollars clearing that path, and shows just how convoluted it can be. To get its weed beer to the...
3 Reasons Marijuana Stocks Are Soaring, Once Again
Some of the biggest cannabis growers are up 61% to 83% in just eight trading sessions. Here’s why. Article courtesy of: Sean Williams / The Motley Fool (TMFUltraLong) The big event is now just 50 days away. On Oct. 17, 2018, Canada will lift the curtain on recreational marijuana, and in the process become the first industrialized country in the world to have approved the sale of adult-use cannabis.This big day was a long time...
Cronos Group Could Fly Ahead
Summary Cannabis stocks are flying with Canada nearing a legalization date target of October 17th. Cronos is doing a great job of preparing for the adult-use cannabis industry as the big day nears. The company is already headed toward profit, recreational cannabis legalization in Canada will serve to speed up the process. Cronos Group has room to grow. The cannabis sector has been seeing tremendous gains as of late after news broke...
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, August 03
The total market capitalization of cryptocurrencies has dived to about $266 billion from above $300 billion on July 27. Such price swings are a common phenomenon on the cryptocurrency market. However, investment bank UBS believes that instability is a major hindrance to Bitcoin being considered as money. Robert Sluymer, head of technical strategy at Fundstrat said to CNBC that if Bitcoin fails to hold the $7,400 mark, a deeper...
Bitcoin Just Hit $8,000 — Here’s What’s Pushing It Up
The bitcoin price has today climbed above the $8,000 mark for the first time since mid-May — leading many to predict a return to the bull run that last year powered bitcoin to almost $20,000. The latest boost for bitcoin comes after a week that saw it add almost 20% to its price on the back of news that established financial giants are looking to get in on bitcoin and cryptocurrencies, and a raft of positive regulatory news around the...
Ethereum Classic Spikes 25% on Coinbase Listing News
The price of ethereum classic, the cryptocurrency that was forked off the ethereum blockchain in July 2016, surged by 25 percent on Tuesday, following the news that it is being added to Coinbase’s trading options. The U.S. cryptocurrency exchange announced on Tuesday morning in a blog post that it is has started the engineering work to integrate ethereum classic with its platform and expects the service to be live in the...
Bitcoin (BTC), Ripple (XRP), Monero (XMR), and TRON (TRX) Lead the Market
The cryptocurrency market has broken over the $500 billion mark early today. Most of the coins in the top 100 are all seeing gains. It seems the total market is on a steady upward climb, which is a relief because it’s been a bumpy ride in 2018 thus far. Post from cryptocurrencynews.com by Chelsea Roh. Here are some top coins on the market today. Bitcoin (BTC) Source: CoinMarketCap As you can see from the 7-day chart above, BTC has...
IRS Forms New Team To Track Down Crypto Tax Evaders
The US Internal Revenue Service (IRS) has assembled a team of 10 investigators for international crime investigations as well as for finding tax evaders who use cryptocurrency, Bloomberg reports Thursday, Feb. 8. Article from cointelegraph.com by Molly Jane Zuckerman Chief of the IRS Criminal Investigation Division Don Fort said that the team will work with international criminal agencies to investigate unlicensed exchanges as well:...