Prudy Investors often seek out investments that offer high levels of liquidity, which is the ability of an asset to be quickly converted into cash without affecting the asset’s market value. However, investments that offer high levels of liquidity also come with higher levels of risk. Liquidity risk is the risk that an investment will lose … Read more
. Fintech: Its Uses and Impact on Our Lives. How does a fintech work? Fintech is short for financial technology. Financial technology is an umbrella term used to describe new technology that is being used to help deliver financial services. This can include anything from mobile apps that allow you to transfer money to friends, … Read more
The material participation tests are a set of IRS rules that determine whether an individual is considered to be materially participating in a business activity. There are four tests that can be used to determine material participation, and an individual must meet at least one of them in order to be considered materially participating. The … Read more
