Prominent Venture Capitalist Shares Bitcoin, Ethereum Investment Tips

Prominent venture capitalist and investment firm co-founder Fred Wilson shares investment tips for Bitcoin and Ethereum traders in a blog post entitled “The Selloff.” His investment firm Union Square Ventures is based in New York. Rollercoaster Since the beginning of January, the cryptocurrency market and leading cryptocurrencies such as Bitcoin and Ethereum have experienced corrections. Some market corrections saw Bitcoin and Ethereum falling by as much as 30 percent, although the two cryptocurrencies recovered relatively quickly after their initial decline. In a blog post,…

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Why Ant Financial’s IPO Is Hugely Anticipated

While Alibaba remains the largest IPO ever, Ant Financial Services Group—a spin-off from Alibaba Group—is emerging as a top pre-IPO technology company. Ant Financial has an estimated business value of $75 billion and has been recently taken the top slot among leading global fintech innovators from around the world for 2016. Here’s why Ant Financial is one of the most anticipated IPOs. Alipay was established in 2004 by Alibaba Group to be the central element of its internet finance ecosystem. However, to comply with regulations issued in…

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Dining Out Is Just About the Worst Thing You Can Do to Your Finances

One of the most common pieces of advice you’ll get from personal finance experts is to eat out less. By cooking at home, you almost always manage to spend less money on food (not to mention eat healthier). But a new study not only confirms that eating out is bad for your finances, but suggests that eating out is among the worst things you can do for your personal financial health. “What we saw consistently throughout the study was that…

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Bitcoin Currency Of Choice For Scams And Kidnappings in India

An Indian Bitcoin investor who lost his money in a scam has allegedly kidnapped a trader and demanded Bitcoin ransom as revenge. According to the local news source Indian Express, a man by the name of Deepak, currently in police custody, kidnapped Banur trader Ashu Jain after accruing debts of around six mln rupees. Having purchased Bitcoins he never received, as well as building up stock market debts, Deepak and a crew of accomplices demanded payment in the virtual currency for Jain’s safe…

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Why I Quit Google and Built an App that Teaches Personal Finance to Kids

Kids, Finance

Many of my friends thought I was crazy to leave a great position at Google to help parents and kids learn about money. Maybe they’re right. Building a creative, engaging app to teach financial literacy to kids is challenging. But it’s also important work. Given that many schools aren’t yet teaching personal finance in the classroom, I felt compelled to make this work my mission. I founded Pennybox with a simple yet audacious goal: educate kids and families about money….

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Cheat Sheet: How to Prioritize your Savings and Debt

People always seem have questions about their financial priorities: Should I invest or pay off debt? Save in my work 401(k) or open an IRA? This cheat sheet will tell you. It helps you visualize your financial priorities in the most basic terms. It’s sort of like the previously mentioned “Ladder Method,” which tells you how to prioritize your investments. But this “retirement wrapper,” as Reddit puts it, includes all of your finances in general: debt and emergency funds, too. Plus, it…

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