Capital gain – Hledam http://hledam.biz/ Wed, 05 Jan 2022 14:36:46 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://hledam.biz/wp-content/uploads/2021/06/icon-2021-07-01T003219.761-150x150.png Capital gain – Hledam http://hledam.biz/ 32 32 Missed Tesla’s record production numbers? 2 Best Electric Vehicle Stocks To Buy Now https://hledam.biz/missed-teslas-record-production-numbers-2-best-electric-vehicle-stocks-to-buy-now/ Wed, 05 Jan 2022 14:01:00 +0000 https://hledam.biz/missed-teslas-record-production-numbers-2-best-electric-vehicle-stocks-to-buy-now/ The investment year 2022 is only a few days long. And already, by Tesla (NASDAQ: TSLA) Record production figures for the fourth quarter of 2021 and the full year are creating a buzz on Wall Street. On Monday alone, Tesla’s stock price rose $ 143 per share or 14%, catapulting the stock just a few […]]]>

The investment year 2022 is only a few days long. And already, by Tesla (NASDAQ: TSLA) Record production figures for the fourth quarter of 2021 and the full year are creating a buzz on Wall Street.

On Monday alone, Tesla’s stock price rose $ 143 per share or 14%, catapulting the stock just a few percentage points from an all-time high. Not only did Tesla’s results exceed expectations, it came amid a global chip shortage that plagued the auto industry throughout 2021.

Despite the impressive performance, there is reason to believe that Tesla’s $ 144 billion market cap gain on Monday was a bit too much. With a market cap now standing at $ 1.2 trillion, investors are paying a premium for Tesla’s future. It is the same Lucid group (NASDAQ: LCID) and Nio (NYSE: NIO). Here’s what makes these two stocks of electric cars better bought now, even though all three are expensive.

Image source: Tesla.

Expectations are set

Daniel Foelber (Lucid): Lucid has done investors a favor by setting expectations for 2022. Rich in cash following its merger with Churchill Capital IV and a recent senior note offering, Lucid has over $ 6 billion in cash that should help propel its business forward. production and pave the way for its first full year as a viable electric vehicle (EV) manufacturer.

2021 has been a banner year for Lucid which has proven the courage of the company in technology, engineering and design. Still, those qualities pale in comparison to the importance of mass production, a skill Tesla knows all too well is much easier said than done.

Lucid plans to produce and deliver 20,000 Lucid Airs in 2022. It has already ceased reservations for its Dream Edition sedan and is focusing on rolling out its Grand Touring, Touring and Air versions in 2022, as well as advancing its Gravity SUV.

Lucid will likely get a transmission of his financial numbers in 2022, given that everyone is told he won’t be generating significant income, let alone profits, for a few more years. However, all eyes will be on Lucid’s bookings, which currently stand at 17,000, as well as its success in developing and delivering all four versions of the Lucid Air on time and without complications. Doing so would support the investment thesis and chart a course for long-term growth.

2022 will be a pivotal year

Howard Smith (Nio): While Tesla is currently the clear leader in electric vehicle sales, investors may want to consider the stocks of smaller electric vehicle makers to buy before their businesses mature. Nio is already established and has the potential to expand into two important markets. Despite being a much smaller base, Nio shipments in 2021 were up 109% from Tesla’s 87% year-over-year growth.

2022 promises to be a pivotal year for Nio in several respects. It has increased its vehicle deliveries over the past two years, as the following graph shows.

Nio monthly deliveries of electric vehicles 2020/2021.

Data source: Nio. Chart by author.

2022 brings increased production capacity, new vehicle offers and a new establishment in Europe. Nio, along with its state-owned industrial partner, is working to double production capacity to at least 20,000 electric vehicles per month. This work should be completed this spring. As seen above, this would also equate to an approximate doubling of recent monthly delivery volumes.

Nio started sales in Norway last year and established a full operation there, including Nio community gathering places, and plans infrastructure for recharging and exchanging batteries. The company now plans to expand to Germany, the Netherlands, Sweden and Denmark in 2022.

Nio also announced the launch of three new products in 2022. Two have already been announced with the luxury sedan ET7 and the smaller ET5. The company plans to start shipping the ET7 in March 2022 and the ET5 by September. It is also potentially working on a partnership with the largest Chinese car maker, BYD, to develop a sub-brand with mass market appeal, according to industry follower CnEVPost.

2022 will undoubtedly be an important year for Nio. Investors who feel they’ve missed Tesla’s production ramp-up might want to look to Nio shares as the company looks to accelerate its own growth this year.

Tesla isn’t the only fast producer in town

Tesla’s numbers deserve praise as the company has gone from profitability and production issues to a fully loaded machine. However, Tesla’s output is still much lower than that of historic car makers. And companies like Lucid and Nio are showing signs that they can grow quickly, too.

The electric vehicle landscape has changed and Tesla is just the tip of the electric vehicle iceberg. With so many options available, investors can choose companies that pique their interest and match their risk tolerance.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are motley! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.


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Trends guiding share purchases in 2022 https://hledam.biz/trends-guiding-share-purchases-in-2022/ Mon, 03 Jan 2022 15:17:10 +0000 https://hledam.biz/trends-guiding-share-purchases-in-2022/ Individual investors often approach stock purchases with concern, but you can allay those fears by assessing trends. Individual investors often approach stock purchases with concern, but you can allay those fears by assessing trends that are likely to affect sectors, companies, and funds. January is a good time to sell stocks in order to collect […]]]>

Individual investors often approach stock purchases with concern, but you can allay those fears by assessing trends.

Individual investors often approach stock purchases with concern, but you can allay those fears by assessing trends that are likely to affect sectors, companies, and funds.

January is a good time to sell stocks in order to collect cash for purchases due to the capital gains tax schedule. Taking earnings in January means that tax on them won’t be due for 15 months. It’s the flip side of selling the losers’ stocks at the end of the year to get the loss deduction the following April, known as the crop of losses. If you haven’t reaped a loss in 2021, don’t worry; just decide to do it next December. (All of this assumes the stocks are in a taxable account, rather than a tax-deferred account such as a 401 (k) or IRA.)

The next step in the portfolio rebalancing process is deciding what to buy, a discipline that involves factors such as: sector and industry predilections, your view of market direction, a stock’s fundamentals, your ultimate goals, and your time horizon to start withdrawals (by most people, the length of time until retirement). Unless your tolerance for risk is high enough, today’s popular market may mean it’s a good time to focus on low-risk, value stocks, ones that have good fundamentals but are largely unloved. Yes recent clues To be foresighted, value stocks – especially small-cap stocks – could become more popular this year.

To avoid looking for love in the wrong places, it helps identify trends that are likely to affect a stock. This is just one tool among many, and all we know for sure, of course, is what is happening right now. Yet it can significantly inform purchasing decisions. Here are some trends to consider:

Interest rates are rising. The financial media is obsessed with the Fed’s rate hikes as if the resulting drop in stock markets were inevitable. And now that the Fed is planning three rate hikes this year, market hedging based on this obsession constantly hangs over us. Yet if history is any guide, the talking heads have it all wrong. While they usually go into a frenzy during the first Fed rate hike in a series, this event usually bodes well for stocks. The S&P 500 rose on average 6.6% in the six-month periods after the first hike in the Fed’s eight rate hike cycles since 1983. And in the three-month periods before the first hike, l The index increased on average by 5.1%. .

The second hike was often followed by market gains over the following months, so it’s usually not a bad idea to buy a dip after the first two rate hikes. Falls after the third hike in a series were another matter; buying on them is generally not advisable.

Growth of infrastructure, both private and public. Some industrials in the infrastructure sub-sector have done quite well in private ventures over the past 18 months or so, and the category is expected to experience continued growth over the next few years thanks to government spending in the country. $ 1.1 billion Infrastructure Act adopted by Congress in November.

But should the possible benefits of the legislation not already be taken into account? Not necessarily. While the market is generally forward looking, sometimes it has the patience of a teenager. And, preferring large tech growth stocks, many investors are not turned on by unsexy industrialists. Ironically, some of these companies are surprisingly technological. One example is Caterpillar (CAT), which manufactures autonomous earthmoving vehicles. By the end of December, CAT shares had risen about 50% since mid-August 2020. It is unclear which companies will ultimately benefit substantially from the next increase in federal infrastructure spending, but investors can reduce the risks. by purchasing targeted exchange-traded funds (ETFs).

For example, the holdings of Global X US Infrastructure Development (PAVE), which grew by more than 50% in 2021 between mid-January and the end of December, include manufacturers of construction equipment and materials used in the construction of roads, bridges and railroads. Why invest in prospectors when you can invest in the pickaxes and shovels they need?

Inflation continues. The Fed appears confident that the high inflation it underestimated for most of 2021, which hit a 30-year high in November of 6.8% (annualized), will subside this year. However, the projections of some large financial companies are much higher than those of the Fed, and some of them expect inflation to get worse this winter before it improves. Inflation is widely seen as a scarecrow for stocks, but there is evidence to the contrary.

It is clear, however, that this is a good opportunity to buy Real Estate Investment Trusts (REITs), which can do well in a context of high inflation, as these owner companies may simply increase the prices. rents, often via automatic indexation clauses. This reputation for resisting inflation has attracted substantial new investment in recent months, pushing up prices. However, there is probably still room for some to rise. And well-chosen REITs can be good long-term holdings, generating income in the form of dividends. If the share price rises dramatically, that’s even better.

Stock market volatility. Factors causing the market yo-yo include the Omicron variant and expected increases in interest rates. There are inherent opportunities for gain in volatility because it is, in effect, an asset class. Various ETFs, such as WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW), exploit volatility through options trading. Such funds can be a good alternative to bonds, especially now that bonds pay negative returns after inflation.

This is an unusual market period, in part because of significant government economic stimulus, but in decline. For this and other reasons, the market now finds itself in largely uncharted territory creating uncertainty that will fuel continued high volatility. As a result, there will be buying opportunities, so it’s a good idea to save some dry powder – money.

Dave Sheaff Gilreath, a Certified Financial Planner, is a 40 year veteran in the financial services industry. He is a partner and investment director of Sheaff Brock Investment Advisors LLC, a portfolio management company for individual investors, and Innovative portfolios LLC, an institutional fund management company. Based in Indianapolis, the companies manage approximately $ 1.5 billion in assets nationwide.


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Up 49,000,000% in 2021: Is Shiba Inu still a buy? https://hledam.biz/up-49000000-in-2021-is-shiba-inu-still-a-buy/ Sat, 01 Jan 2022 10:51:00 +0000 https://hledam.biz/up-49000000-in-2021-is-shiba-inu-still-a-buy/ Llast year, the very followed S&P 500 has more than doubled its average annual total return over the past 40 years and hit nearly six dozen closing records. And yet, the stock market has remained in the background to the outperformance of crypto-currencies. As of the very early morning hours of December 29, the aggregate […]]]>

Llast year, the very followed S&P 500 has more than doubled its average annual total return over the past 40 years and hit nearly six dozen closing records. And yet, the stock market has remained in the background to the outperformance of crypto-currencies.

As of the very early morning hours of December 29, the aggregate value of all cryptocurrencies was $ 2.26 trillion. In one year, the crypto market has almost tripled in value. Although the usual suspects, Bitcoin and Ethereum, were responsible for much of that increase – they account for about 60% of the value of $ 2.26 trillion – one coin stood head and shoulders above all the others: Shiba inu (CRYPTO: SHIB).

The Shiba Inu-themed plays brought some life-changing gains in 2021. Image source: Getty Images.

Shiba Inu’s 2021 was historic

While the cryptocurrency space has already generated breathtaking short-term gains, we’ve never seen anything like the coin that Shiba Inu produced in 2021.

According to CoinMarketCap.com, investors were given the option to buy SHIB for $ 0.0000000073 per token at midnight on January 1, 2021. Over the next 12 months, SHIB ate six zeros and was getting closer to $ 0.000036, as of December 29. All in all, we are talking about a gain over a single year of about 49,000,000%!

To put it in perspective, if someone bought $ 2.05 from SHIB at midnight on January 1, 2021, and we assume there were no transaction fees, they would be a millionaire at their current price per token. In comparison, it’s exceptionally rare to see annual gains above 10,000% in the stock market, and just as rare as cryptocurrencies offer seven-digit annual returns. I remember the privacy room Edge pulled off this feat in 2017 (a gain of nearly 1,200,000%), but hasn’t seen any major coins come close since.

How, exactly, does an asset appreciate 49,000,000% in one year? Let’s take a closer look.

Two divergent maps leading to a digital rocket ready for launch.

Image source: Getty Images.

Dissect the moonstroke at 49,000,000% SHIB

The most obvious reason Shiba Inu proved unstoppable for most of 2021 was its increased visibility. As the SHIB rose through the ranks in popularity and market capitalization, more and more crypto exchanges welcomed it for listing. Having more exchanges to trade SHIB has meant improved liquidity and a large holder base. According to Etherscan, Shiba Inu has 1.1 million individual holders.

The launch of the decentralized exchange ShibaSwap in July was also a key catalyst. In addition to also improving the liquidity of a previously illiquid token, ShibaSwap offers SHIB holders the opportunity to wager their coins and earn passive income. The point is, ShibaSwap has encouraged investors to hold onto their SHIB for a considerably longer period of time.

Enthusiasts are also excited about real-world adoption examples of SHIB. Cinema channel AMC Entertainment plans to roll out the Shiba Inu coin as an accepted form of online payment in the first quarter, while the tech-focused online retailer Egg trade gave the green light to SHIB in December.

To add at this point, there is enthusiasm surrounding the Shibarium Layer 2 blockchain project planned to launch in 2022, as well as the ongoing development of games based on non-fungible tokens (NFTs).

Additionally, no story about Shiba Inu’s success would be complete without hinting at Fear of Missing Out (FOMO). After watching Bitcoin skyrocket to 8,000,000,000% in 11 years, crypto investors aren’t afraid that digital currencies are hitting an unforeseen ceiling. These inelastic buying habits were essential in removing six zeros from its token price.

Silver dice indicating buy and sell are thrown on a digital screen displaying cryptographic charts.

Image source: Getty Images.

The $ 64,000 question: Is Shiba Inu still a buy?

But the most relevant question after gaining 49,000,000% in one year has to be: Is Shiba Inu still worth buying? The answer, quite clearly, is no.

While patient investors have been rewarded with life-changing earnings, there are three very good reasons why Shiba Inu should be actively avoided in 2022 (and beyond).

the most important reason investors must keep their distance is the lack of competitive advantages and differentiation of Shiba Inu.

According to CoinMarketCap.com, over 16,100 digital currencies are now listed, with hundreds of new coins debuting every week. Standing out in the crypto space is getting more and more difficult. Shiba Inu is currently nothing more than an ERC-20 token built on the Ethereum blockchain. It is subject to the same transaction lag and high fees that continually plague the popular Ethereum network. In other words, other payment coin projects continually outperform Shiba Inu and provide little reason for merchants to accept SHIB as a payment method.

This leads to the second reason to avoid Shiba Inu in 2022: a lack of utility in the real world. In a sense, you could say that the utility of SHIB has skyrocketed last year; but that would be normal when only a few dozen merchants willingly accept your coin. The Cryptwerk online business directory shows that only 395 merchants worldwide accept SHIB as a method of payment. Additionally, 44 of those 395 traders are nothing more than cryptocurrency exchanges. This means that 350 of the most obscure online businesses in a world of over 500 million entrepreneurs accept SHIB as a form of payment. That’s a fraction of a fraction, and certainly not a $ 20 billion market value.

History provides the third reason why Shiba Inu is such a terrible investment in 2022. Virtually all of the payout coins that gained 24,000% or more in a short period of time lost between 93% and 99% in the 12 to 26 years. months after their peak. Shiba Inu has already fallen 60% from its intra-day October 27 high, and history suggests so still has a lot to fall for after gaining 49,000,000% in just 12 months.

10 actions we like better than Shiba Inu
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They have just revealed what they believe to be the ten best stocks that investors are buying now … and Shiba Inu was not one of them! That’s right – they think these 10 stocks are even better buys.

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* Returns of the portfolio advisor as of December 16, 2021

Sean williams has no position in any of the stocks mentioned. The Motley Fool owns and recommends Bitcoin and Ethereum. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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2 best ELSS (tax savings) funds, valued by value research, up to 53.32% SIP return https://hledam.biz/2-best-elss-tax-savings-funds-valued-by-value-research-up-to-53-32-sip-return/ Fri, 31 Dec 2021 05:31:52 +0000 https://hledam.biz/2-best-elss-tax-savings-funds-valued-by-value-research-up-to-53-32-sip-return/ Investing in ELSS funds: what to look for People who come under fiscal supervision, as directed by the Ministry of Finance, usually invest in ELSS funds. An investor can invest up to a maximum of Rs. 1.5 lakh in this kind of fund every year. You can invest in ELSS funds through SIPs. For monthly […]]]>

Investing in ELSS funds: what to look for

People who come under fiscal supervision, as directed by the Ministry of Finance, usually invest in ELSS funds. An investor can invest up to a maximum of Rs. 1.5 lakh in this kind of fund every year. You can invest in ELSS funds through SIPs. For monthly employees, SIPs are an easy option. Remember that ELSS funds will have a blocking period of at least 3 years. Therefore, you should always check the fund’s returns over 3 to 5 years. You can also maintain the fund even after the 3 year lock-up period if the fund is performing well. The minimum SIP investment amount for these funds is Rs. 500.

If these mutual funds are sold after 1 year of capital gains up to Rs. 1 lakh in a financial year is tax exempt and capital gains above Rs. 1 lakh is taxed at the rate of 10 %. in the event that the units are sold within one year, the total amount of the capital gain will be taxed at 15%.

Here are 3 ELSS fund portfolios that were discussed, these are rated by reputable research firm Value Research.

1. Direct Plan Advantage Fiscal BOI AXA

1. Direct Plan Advantage Fiscal BOI AXA

The BOI AXA Tax Advantage Direct plan has been rated 4 stars by Value Research. As mentioned above, this article will discuss the SIP returns of the funds in a comparative way, for different durations. The SIP return of this fund in the last year was 34.86%, it was 38.44% in the last 3 years and 25.88% in the last 5 years.

This fund was launched in January 2013. The assets of this fund are Rs. 517 crore (as of November 30, 2021) and the average market cap is Rs. 75,725 crore. The expense rate of this fund was 1.57% (as of November 30, 2021). This fund holds a 98.9% position in equities and 1.0% in cash and cash equivalents. The BOI Direct Tax Advantage Plan AXA invests 32.20% in giant funds, 16.17% in large funds, 25.32% in medium-sized funds and 7.38% in small funds.

The top 5 holdings of this fund are ICICI Bank, HDFC Bank, Bajaj Finance, Infosys Technology and Divi’s Laboratories.

2. IDFC Direct Tax Advantage Plan (ELSS)

2. IDFC Direct Tax Advantage Plan (ELSS)

The IDFC Tax Advantage (ELSS) direct plan has been rated 4 stars by Value Research. The SIP return of this fund in the last year was 36.46%, it was 36.44% in the last 3 years and 23.16% in the last 5 years.

This fund was launched in January 2013. The assets of this fund are Rs. 3,355 crore (as of November 30, 2021) and the average market cap is Rs. 76,993 crore. The expense rate of this fund was 0.74% (as of November 30, 2021). This fund holds a 97.8% position in equities and 2.2% in cash and cash equivalents. The IDFC Tax Advantage (ELSS) invests 44.70% in giant funds, 12.34% in large funds, 25.32% in medium-sized funds and 19.05% in small funds .

The top 5 holdings of this fund are ICICI Bank, Infosys Technology, State Bank of India, HDFC Bank and Reliance Industries – energy.

3. Quantitative tax plan Direct plan

3. Quantitative tax plan Direct plan

The Quant Tax Plan Direct Plan has been awarded 5 stars by Value Research. The SIP return of this fund in the last year was 48.42%, it was 53.32% in the last 3 years and 34.29% in the last 5 years.

This fund was launched in January 2013. The assets of this fund are Rs. 555 Crore (as of November 30, 2021), and the average market cap is Rs. 75,674 crore. The expense ratio of this fund was 0.57% (as of October 31, 2021). This fund holds a 94.2% position in equities and 5.8% in cash and cash equivalents. The direct Quant Tax Plan invests 45.48% in giant funds, 17.93% in large funds, 25.32% in intermediate funds and 19.62% in small funds.

The top 5 holdings of this fund are Vedanta Metals, ITC, Reliance Industries, Adani Enterprises and State Bank of India.

Performance comparison

Performance comparison

Although the BOI AXA Tax Advantage Direct Plan performed well over a different time frame, the expense ratio (ER) of the fund is higher than that of the other two funds. ER will determine the amount of fund assets used for administrative and other operating expenses. A higher ER is not entirely profitable for investors. On the other hand, the IDFC tax benefit has the highest assets, which makes the fund more secure than other funds.

However, if you are thinking about returns, you may want to check out the portfolio of Quant Tax Plan Direct Plan, as this has given the best returns, among the funds mentioned above. The fund yielded 53.32% in the last 3 years and 34.29% in the last 5 years. Since ELSS funds are investment tools with a long term lock-in period, this should be considered an important factor.

Besides the plans mentioned above, the Mirae Asset Tax Saver Fund – Direct Plan is another ELSS fund, which has been rated 5 stars by Crisil.

Warning

Warning

Investing in stocks presents a risk of financial loss. Investors should therefore exercise caution. Greynium Information Technologies, the author and the research company are not responsible for any losses caused by decisions based on the article.


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Investment themes to play by 2022: 4 fund choices https://hledam.biz/investment-themes-to-play-by-2022-4-fund-choices/ Wed, 29 Dec 2021 12:28:00 +0000 https://hledam.biz/investment-themes-to-play-by-2022-4-fund-choices/ The year 2021 has been a roller coaster ride, with the pandemic still disrupting economies, leading to supply chain bottlenecks, labor shortages and stagflation. Investors had to look for better investment vehicles as low interest rates made traditional avenues less attractive. However, 2021 was more prone to the macro theme of reopening the global economy, […]]]>

The year 2021 has been a roller coaster ride, with the pandemic still disrupting economies, leading to supply chain bottlenecks, labor shortages and stagflation. Investors had to look for better investment vehicles as low interest rates made traditional avenues less attractive. However, 2021 was more prone to the macro theme of reopening the global economy, while 2022 will continue to add to it. Indeed, with the Delta and Omicron variants still wreaking havoc and pushing the administration to enforce restrictions, record inflation, supply chain obstacles and labor shortages may impact growth. of the economic and financial market.

Let’s discuss three themes by 2022 that investors are choosing for the year ahead. When investors review these themes, they can choose the following mutual funds: Fidelity Select Biotechnology Wallet FBIOX, Calvert Equity Fund, Class A CSIEX, New Class A alternative funds NALFX and Parnassus Mid Cap Growth Fund – Investor PARNX.

The first theme on which we can stay focused for next year is the clean energy transition. President Joe Biden’s plan to bring America to zero net greenhouse gas emissions by 2050 at the latest will promote renewables, battery technology and more. Biden’s plan calls for 100% of the federal government’s electricity to be produced in carbon-free means by 2030. Also by 2035, all new vehicles purchased will have to be emission cars and trucks. zero carbon.

Then the boom in the biotechnology space will continue due to the ongoing pandemic which is stimulating research into vaccines and treatments and other branches like gene therapy and gene editing to fight cancer and d ‘other chronic diseases. By a Grand View search report, the global biotechnology market was valued at $ 752.88 billion in 2020 and is expected to experience a CAGR of 15.83% from 2021 to 2028. In fact, government initiatives to modernize the regulatory pathway for drugs and standardize clinical studies, and the growing demand for orphan drugs and personalized medicine will continue to energize this space.

Finally, impact investing, which had a global market valued at $ 255.1 billion in 2020, by Research and Markets The data, will reach $ 791.2 billion by 2027, at a CAGR of 17.6%. The pandemic has helped investors focus more on socially responsible impact investing, helping environmental, social and governance (ESG) funds to rise in importance. Impact investment stocks have outperformed the broader market over the past year and have aggregate assets under management of $ 4 trillion. Impact investing is not limited to environmental or climate concerns either. The impact of businesses on the surrounding community, their role in the development of said community and the creation of a better value chain for society are the other social causes on which it focuses.

4 funds to buy

With a strong outlook for 2022, we have shortlisted four mutual funds that have a significant investment in the aforementioned themes and that have a Zacks Mutual Fund Rank # 1 (Strong Buy) or 2 (Buy). In addition, these funds have shown encouraging returns since the start of the year. In addition, the minimum initial investment is $ 5,000. We expect these funds to outperform their peers in the future.

The question here is: why should investors consider mutual funds? The low transaction costs and portfolio diversification without multiple commission fees associated with stock purchases are the main reason for putting money into mutual funds (read more: Mutual Funds: Pros, Cons, and How They Make Money For Investors).

Fidelity Select Biotechnology Wallet The fund aims for capital appreciation. This non-diversified fund invests most of the net assets in common stocks of companies primarily engaged in the research, development and distribution of biotechnology products.

This Zacks – Health Product segment has had a history of positive total returns for over 10 years. Specifically, the fund has generated a return of 13.7% and 12.4% over the past three and five years, respectively. To see how this fund performs against its category and against other classified 1 and 2 mutual funds, please click here.

Fidelity Select Biotechnology Portfolio, a Zacks Mutual Fund Rank # 1, has an annual expense ratio of 0.70%, below the category average of 1.03%.

Calvert Equity Fund, Class A seeks capital growth by investing in stocks that are believed to offer opportunities for potential capital appreciation. The fund invests most of the assets in common stocks of companies that are among the top 1,000 listed companies in the United States.

This Zacks Large Cap Growth product has a history of positive total returns for over 10 years. Specifically, Class A of Calvert Equity Fund has three- and five-year returns of 24.5% and 22.4%, respectively. To see how this fund has performed against its category and other classified 1 and 2 mutual funds, please click here.

Calvert Equity Fund Class A has a Zacks Mutual Fund Rank # 1 and an annual expense ratio of 0.94% compared to the category average of 0.99%.

New Class A alternative funds seeks long-term capital growth with income as a secondary objective. It invests primarily in common stocks of companies and even other equity securities, such as real estate investment trusts and US certificates of deposit.

This Zacks – Other Product segment has had a history of positive total returns for over 10 years. Specifically, NALFX has three- and five-year returns of 27.6% and 20.4%, respectively. To see how this fund has performed against its category and other classified 1 and 2 mutual funds, please click here.

New Alternatives Fund Class A has a Zacks Mutual Fund Rank # 2 and an annual expense ratio of 0.96% compared to the category average of 1.26%.

Parnassus Mid Cap Growth Fund – Investor targets capital appreciation. The fund invests the majority of its assets in mid-sized growth companies.

This Zacks – Large Cap Value sector has a history of positive total returns for over 10 years. Specifically, the Parnassus Mid Cap Growth Fund – Investor generated a return of 16.2% and 13.7% for the three and five year periods, respectively. To see how this fund has performed against its category and other classified 1 and 2 mutual funds, please click here.

Parnassus Mid Cap Growth Fund – Investor has a Zacks Mutual Fund Rank # 2 and annual expense ratio of 0.83%, below the category average of 1.09%.

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More information on stocks: it’s bigger than the iPhone!

She could become the mother of all technological revolutions. Apple has only sold one billion iPhones in 10 years, but a new breakthrough is expected to generate over 77 billion devices by 2025, creating a market of $ 1.3 trillion.

Zacks has just published a special report that highlights this rapidly emerging phenomenon and 4 tickers to take advantage of it. If you don’t buy now, you could get started in 2022.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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Biometric payment cards to arrive in India https://hledam.biz/biometric-payment-cards-to-arrive-in-india/ Mon, 27 Dec 2021 17:08:22 +0000 https://hledam.biz/biometric-payment-cards-to-arrive-in-india/ The payment technology company Zwipe works with a consumer finance company Easy payment and security printing products company KL HI-TECH Secure Print Limited develop and launch biometric payment cards in the Indian market by next summer, following internal testing and external pilots. André Lovestam, CEO of Zwipe, said in a Press release Monday (December 27) […]]]>

The payment technology company Zwipe works with a consumer finance company Easy payment and security printing products company KL HI-TECH Secure Print Limited develop and launch biometric payment cards in the Indian market by next summer, following internal testing and external pilots.

André Lovestam, CEO of Zwipe, said in a Press release Monday (December 27) that it is the company’s first pilot in India, which is among the “largest and fastest growing payments markets” in the world. He also highlighted KL HI-TECH’s experience on board as a card manufacturing partner.

Løvestam called Easy Pay a “pioneer” in advancing technology in payments, adding that biometrics will be a game-changer that will give them the ability to “continue to differentiate themselves on the basis of security, safety and security. ‘user experience’.

See also: Biometrics Shaping the Evolution of Physical (and Virtual) Cards

Across India, Easy Pay is among the fastest growing payment companies and is used by over 2 million retail stores and millions of people. Founded in 2014 by Nilay Patel and headquartered in Ahmedabad, Gujarat, India, the company processed $ 8.4 billion in transactions in 2020 as digital adoption deepened.

Patel said that by bringing the “next generation of contactless cards” to the country, their customers will benefit from the added protection of enhanced security.

“We are seeing many use cases of biometrics beyond payments, for example, access cards for use in hotel chains, as well as high-end real estate projects and smart cities where we have contracts. long term and demanding clientele, ”Patel mentioned.

Read more: Lebanese bank to test biometric payment cards

FinTech Zwipe is innovating in the next generation of biometric payment solutions and is striving to work with Easy Pay at all stages of the pilot program.

KL HI-TECH has been in business since 1988 and offers secure printing products and printing solutions. The company has been a pioneer in promoting “… secure payment transactions, banking services and telecommunications facilitation in India through its secure printing products,” the statement said.

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NEW PYMNTS DATA: AUTHENTICATION OF IDENTITIES IN THE DIGITAL ECONOMY – DECEMBER 2021

On:More than half of American consumers think biometric authentication methods are faster, more convenient, and more reliable than passwords or PINs, so why are less than 10% using them? PYMNTS, working with Mitek, surveyed more than 2,200 consumers to better define this perception gap from usage and identify ways in which businesses can increase usage.


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Institutional owners of ITM Power Plc (LON: ITM) can be pleased with recent gains after losing 17% in the past year https://hledam.biz/institutional-owners-of-itm-power-plc-lon-itm-can-be-pleased-with-recent-gains-after-losing-17-in-the-past-year/ Sat, 25 Dec 2021 07:20:37 +0000 https://hledam.biz/institutional-owners-of-itm-power-plc-lon-itm-can-be-pleased-with-recent-gains-after-losing-17-in-the-past-year/ To get a sense of who actually controls ITM Power Plc (LON: ITM), it’s important to understand the ownership structure of the business. With 54% of the capital, the institutions hold the maximum number of shares in the company. In other words, the group has everything to gain (or lose the most) from its investment […]]]>

To get a sense of who actually controls ITM Power Plc (LON: ITM), it’s important to understand the ownership structure of the business. With 54% of the capital, the institutions hold the maximum number of shares in the company. In other words, the group has everything to gain (or lose the most) from its investment in the business.

Last week’s £ 109million market capitalization gain would likely be appreciated by institutional investors, especially after a year of losses of 17%.

Let’s dig deeper into each type of ITM Power owner, starting with the table below.

Check out our latest review for ITM Power

AIM: Distribution of ownership of ITM on December 25, 2021

What does institutional ownership tell us about ITM Power?

Institutional investors generally compare their own returns to the returns of a commonly tracked index. They therefore generally consider buying larger companies that are included in the relevant benchmark.

ITM Power already has institutions registered in the share register. Indeed, they hold a respectable stake in the company. This may indicate that the company has a certain degree of credibility in the investment community. However, it is better not to rely on the so-called validation that accompanies institutional investors. They too are sometimes wrong. When several institutions hold a stock, there is always a risk that they are in a “crowded trade”. When such a transaction goes awry, several parties may compete with each other to sell shares quickly. This risk is higher in a company without a history of growth. You can see ITM Power’s historical revenue and revenue below, but keep in mind that there is always more to tell.

profit and revenue growth
GOAL: ITM Profits and Revenue Growth on December 25, 2021

Since institutional investors own more than half of the issued shares, the board will likely need to pay attention to their preferences. We note that the hedge funds do not have a significant investment in ITM Power. Our data shows that Linde plc is the largest shareholder with 16% of the shares outstanding. With 8.1% and 5.5% of shares outstanding, respectively, JCBResearch and Hargreaves Lansdown Asset Management Limited are the second and third shareholders.

We further researched and found that 10 of the major shareholders represent around 50% of the register, which implies that in addition to the major shareholders there are a few smaller shareholders, thus balancing each other’s interests somewhat.

While it makes sense to study a company’s institutional ownership data, it also makes sense to study analysts’ sentiments to know which way the wind is blowing. There are a lot of analysts covering the stock, so you can look at expected growth quite easily.

ITM Power Insider Ownership

The definition of business insiders can be subjective and vary from jurisdiction to jurisdiction. Our data reflects individual insiders, capturing at least board members. The management of the company is accountable to the board of directors and the board must represent the interests of the shareholders. Notably, sometimes senior executives themselves sit on the board.

Insider ownership is positive when it indicates that executives think like the real owners of the company. However, strong insider ownership can also confer immense power on a small group within the company. This can be negative in some circumstances.

Our most recent data indicates that insiders hold shares of ITM Power Plc. Insiders have a significant stake worth £ 117million. Most would see this as a real benefit. If you would like to explore the issue of Insider Alignment, you can click here to see if any Insiders have bought or sold.

General public property

The general public, who are generally individual investors, own 14% of ITM Power’s capital. While this property size may not be enough to influence a policy decision in their favor, they can still have a collective impact on company policies.

Owned by a private company

It appears that private companies hold 8.2% of ITM Power’s shares. It might be worth pursuing the matter further. If related parties, such as insiders, have an interest in any of these private companies, this should be disclosed in the annual report. Private companies may also have a strategic interest in the business.

Public enterprise ownership

We see that public companies hold 18% of ITM Power shares at issue. It’s hard to say for sure, but it suggests that they have intertwined business interests. This can be a strategic issue, so it’s worth watching this space for changes in ownership.

Next steps:

It’s always worth thinking about the different groups that own shares in a company. But to understand ITM Power better, there are many other factors that we need to consider. Note that ITM Power displays 3 warning signs in our investment analysis , you must know…

But finally it’s the future, not the past, which will determine the success of the owners of this business. Therefore, we believe it is advisable to take a look at this free report showing whether analysts are predicting a better future.

NB: The figures in this article are calculated from data for the last twelve months, which refer to the 12-month period ending on the last date of the month of date of the financial statement. This may not be consistent with the figures in the annual report for the entire year.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative documents. Simply Wall St has no position in any of the stocks mentioned.


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The shared connection of the Bitcoin community https://hledam.biz/the-shared-connection-of-the-bitcoin-community/ Fri, 24 Dec 2021 00:15:00 +0000 https://hledam.biz/the-shared-connection-of-the-bitcoin-community/ More than just a technology or an asset, bitcoin has become a focal point for individuals motivated by freedom. Satoshi Nakamoto initially invented Bitcoin in 2009 as an alternative to traditional financial systems; like most of us he1 saw firsthand the disastrous impact that corrupt centralized institutions can have on the world through the 2008 […]]]>

More than just a technology or an asset, bitcoin has become a focal point for individuals motivated by freedom.

Satoshi Nakamoto initially invented Bitcoin in 2009 as an alternative to traditional financial systems; like most of us he1 saw firsthand the disastrous impact that corrupt centralized institutions can have on the world through the 2008 financial crisis. Nakamoto recognized the need for a better system, which could separate itself from centralized powers and be the backbone of a truly free economy. He also understood that such a digital system should not depend on anyone, not even the creator / founder, to keep running.

Bitcoin was ultimately created as a solution: a decentralized, indiscriminate digital asset that relied on a distributed network of miners, rather than a centralized party. The Bitcoin network has proposed a new economy in which individuals are free to transact as they wish, without control, monitoring or tracking. Bitcoin was also the first practical application of blockchain technology, sparking a decentralized revolution that continues to this day, slowly freeing the technology of our world from centralization.

When Bitcoin was first released, it primarily caught the attention of the cypherpunk community, which was a collection of hackers and hobbyists interested in cryptography and private transactions free from government censorship. After a period of testing by this community of programmers, bitcoin was initially little more than an anonymous currency and became widely used to support illicit transactions in drugs and other paraphernalia. In fact, one of the first applications of bitcoin was Silk Road, a website that allowed users to purchase a variety of illegal products using currency.

However, over time, Satoshi’s true vision slowly came true. Bitcoin slowly began to become the center of a new decentralized economy and attracted many people who were just fed up with the economic state of the world. “Bitcoin holders” as they are now called were separated into two categories: those who treated bitcoin as an investment and those who truly believed in a decentralized future. While the former certainly helped bitcoin become mainstream, it was the latter that pushed bitcoin to be more than just digital currency. This article aims to provide several personal testimonies of the realization that ultimately comes when one moves from viewing bitcoin as an investment to viewing Bitcoin as a way of life.

I myself first heard about bitcoin on a snowy Christmas Eve about four years ago. My family was about to take an annual road trip to visit relatives, and I stopped by the local library to buy books for entertainment along the way. It was right after the famous “windfall” of 2017, when bitcoin and other digital assets first gained the attention of the general public due to massive price gains. Being a high school student interested in both technology and economics, the concept of a currency and financial ecosystem running entirely on the internet had always excited me. With a six hour trip ahead of me, I decided to take my chances and bought several books related to Bitcoin and its potential to disrupt the economy.

These books covered a wide variety of topics and viewpoints: some derided bitcoin as nothing more than a scam to avoid, others praised Bitcoin for providing the means to transact freely. without any authorization or oversight, and one delved into how Bitcoin represented one of the last hopes for independence in a world increasingly populated by watchdog states. This shot particularly caught my attention: I had become increasingly aware of the semi-authoritarian stance that governments and big business took against the average citizen, and though I barely knew it at the time. I felt that Bitcoin could be a part of a larger crypto movement that protected the average person from constant monitoring and control.

As I dove deeper and deeper into the Bitcoin rabbit hole, I slowly began to learn more about its history. I learned more about the philosophies of Satoshi, Hal Finney and others who were part of the first Bitcoin ecosystem. I also started to interact more with the wider blockchain community and met some of the nicest, smartest, and welcoming people in the world. Then after personally winning awards at the MIT Bitcoin Expo Hackathon 2021, I decided to work in blockchain full time and finally had the pleasure of being a part of the Bitcoin Magazine network of contributors. This is where I finally realized that Bitcoin was more than just software; it was a culture, a community of like-minded individuals who believed in the potential of Bitcoin to make the world a better place to live.

By interacting with the Bitcoin community, I had the pleasure of meeting Sam Cargo, a contributor of Bitcoin Magazine and a strong advocate of his potential to bring freedom into the lives of many people. The following is an abridged version of Sam’s personal story of getting into Bitcoin, and the lessons he learned along the way:

During the summers between semesters, I did an internship at an engineering company that presented two important opportunities that changed my life: I missed the first and I was blind, the second I got. seen and created. This first opportunity was to invest in bitcoin and start mining with another wiser intern who introduced me to the specter of blockchain in 2014. I thought he was an idiot and I couldn’t figure out how a computer extracts magic money from the Internet.

Effectively, provided you do your homework, bitcoin’s value proposition becomes sane and crystal clear. The second opportunity did not arise until several years later; after finally realizing the mystique of bitcoin, I resolutely put my skin in the game and hijack the bitcoin revenue. Although feeling late for the party, I sought to fully commit to furthering Bitcoin’s mission and recreating the opportunity that I sadly missed. Perhaps ironically, my main focus is the mining industry and how I can apply my current engineering career to mining that magical, sweet internet money.

By missing this first opportunity, I was forced to reflect on my personal biases and question the status quo of the current monetary regime. Considering our indoctrination into fiat as the norm, I find it makes a lot of sense to be skeptical of Bitcoin, as it violates the “too good to be true” rule of thumb when filtering. shit products. Bitcoin is truly a virtual elixir for many of today’s socio-economic illnesses, which is indeed hard to imagine, let alone believe.

While studying Bitcoin, we tend to fall in love with doing all they can to participate in the Bitcoin community; whether developing, mining, writing, learning … I first entered Bitcoin for the money, but stayed for the peaceful protest and the community. We are fortunate to witness the adoption of a revolutionary monetary system, entirely dictated by an apolitical protocol, bound by an immutable natural law.

Bitcoin is ultimately a family of people like Sam who believe in a decentralized future. It’s more than just currency or software; it is an economic movement, a kind of “protest” as Sam mentioned against the abuses that centralized powers have inflicted on the common man for generations. Over the past couple of years, the Bitcoin family has certainly grown, with more and more people subscribing to the belief that what was once a project mainly supported by a group of motley coders and cryptographers could one day be the coin. mistress of a decentralized economy.

This is a guest article by Archie Chaudhury. The opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.

1. The name implies that Nakamoto was a man, although it could be anyone, or even a group of people.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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TRIPLE PLAY 2021: The Real Estate Convention is back https://hledam.biz/triple-play-2021-the-real-estate-convention-is-back/ Wed, 22 Dec 2021 02:13:49 +0000 https://hledam.biz/triple-play-2021-the-real-estate-convention-is-back/ NRIA Calls Triple Play “Success”, Says Participants Enjoying Face-to-Face Relationships SECAUCUS, NJ / ACCESSWIRE / December 21, 2021 / National Realty Investment Advisors (NRIA), a real estate investment company and luxury real estate developer, says this year’s Realtors Triple Play Show and Convention has been a “success” for the NRIA team. “It was kind of […]]]>

NRIA Calls Triple Play “Success”, Says Participants Enjoying Face-to-Face Relationships

SECAUCUS, NJ / ACCESSWIRE / December 21, 2021 / National Realty Investment Advisors (NRIA), a real estate investment company and luxury real estate developer, says this year’s Realtors Triple Play Show and Convention has been a “success” for the NRIA team.

“It was kind of like the kids could finally come out and play after being stuck inside for a long time,” said Ivel Turner, senior vice president of investor relations for Secaucus-based NRIA, in the New Jersey.

Held December 6-9 in Atlantic City, the 2021 Triple Play was kind of a comeback for this event that, in a typical year, attracts thousands of real estate professionals from across the United States.

COVID ended Triple Play last year and ended most trade deals in the United States and around the world.

And while health concerns regarding the coronavirus and its variants persist, the overwhelming sentiment of participants in this year’s Triple Play, according to NRIA’s Turner, was, “It’s great to be back.”

“You just can’t replace this type of face-to-face communication,” said Stephanie Cortese, senior remittance exchange coordinator for NRIA. “There was a good energy there that everyone could feel. It was a face-to-face human interaction.

Triple Play was an opportunity, she said, for real estate agents to talk to real people who are not behind a phone or computer screen and explore the latest developments in real estate.

For NRIA’s Cortese and Turner, the Triple Play was their time to build valuable in-person relationships, they said. While describing the event, Turner spoke in awe of the buzz around Cortese as she met the realtors approaching the NRIA table.

“Stephanie was a dynamo,” he said. “She was tireless. It was amazing to watch. You could see people’s eyes shining as they had this “light bulb moment” as she described the NRIA opportunity to them. “

That opportunity, Ivel explained, is the NRIA Payout Exchange, which allows real estate investors to defer capital gains tax on their investments.

By reinvesting their profits in NRIA, Turner said they deferred taxes on capital gains and made additional profits on their new investment.

“You are not denying the government money,” he said, “you are delaying it. The customer can also choose to withdraw some of the money he earns.

Throughout the three-day Triple Play convention, realtors from top to bottom on the East Coast showed interest in NRIA’s strategy and were eager to hear more, Turner said.

Cortese explained that NRIA pools the funds of many investors to build or buy and renovate properties. The NRIA then sells these properties at a profit for their investors. This makes it an ideal real estate investment opportunity for those who don’t want direct ownership responsibilities, Turner said.

“They get immediate annualized monthly income without the hassle and responsibilities that come with being a property manager or buying and building properties,” he explained. “NRIA does it for them. “

And how can all of this benefit real estate agents who refer their clients to NRIA?

Turner explained that realtors are rewarded with an administration fee for each client who signs up with NRIA. A win-win for the real estate agent, the client and the NRIA.

“The convention is a great breeding ground for doing business,” Turner said. “Each agent will sell something that will add value. This is where they can say, “Hey, let me show you how you can make money with the money you would pay in taxes. “

All in all, the Triple Play was a perfect space to market new real estate opportunities, according to Turner and Cortese.

“Coming out of the COVID lockdowns, Triple Play has had a good outcome for everyone involved this year,” Cortese said. “The energy was fantastic. It was nonstop.

“We were all delighted to be connected in person again,” she added. “I’m already excited for next year.”

About NRIA

With a history of over a decade of delivering the highest quality construction, NRIA, headquartered in Secaucus, New Jersey, has earned its reputation as one of the nation’s leading real estate developers.

For more information on the NRIA, visit www.nria.net.

Contact information:
Dawn Ouellette Nixon
ReputationPR
212-736-0800
cam@reputepr.com
https://www.reputepr.com/

THE SOURCE: Reputation RP

See the source version on accesswire.com:
https://www.accesswire.com/679040/TRIPLE-PLAY-2021-The-Real-Estate-Convention-Stages-a-Comeback


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Bruce Springsteen tells IRS who is boss of Sony’s $ 500 million sale, taxed as capital gain https://hledam.biz/bruce-springsteen-tells-irs-who-is-boss-of-sonys-500-million-sale-taxed-as-capital-gain/ Mon, 20 Dec 2021 14:36:07 +0000 https://hledam.biz/bruce-springsteen-tells-irs-who-is-boss-of-sonys-500-million-sale-taxed-as-capital-gain/ Bruce Springsteen sold his music rights to Sony Music Group for $ 500-600 million. The Wall Street Journal also noted the boss’s good timing and fiscal savvy. This year, the federal capital gains tax rate reaches 20% (although the Obamacare tax of 3.8% often applies as well). Next year, tax increases still seem likely. So […]]]>

Bruce Springsteen sold his music rights to Sony Music Group for $ 500-600 million. The Wall Street Journal also noted the boss’s good timing and fiscal savvy. This year, the federal capital gains tax rate reaches 20% (although the Obamacare tax of 3.8% often applies as well). Next year, tax increases still seem likely. So cashing in before the law changes seems smart. The rising capital gain rates on the horizon is not just speculation. In early 2021, President Biden proposed a massive 43.4% capital gains tax rate for anyone earning $ 1 million or more. Raising the capital gain rate from 23.8% to 43.4% would have been a staggering 82% increase, and there was a special alarm that the huge tax hike had to be retroactive. A natural reaction to an impending tax hike is to sell quickly before the new law takes effect. But when it was proposed, the rate hike was already in force for sales after April 28, 2021. If you add state taxes like the current California rate of 13.3%, the government gets most of your gain. It was not passed, but other tax dangers still loom. Huge Build Back Better Bill – if passed – will add 5% additional tax on anyone earning income over $ 10 million, and 3% more on income over $ 25 million.

An additional 8% tax on a big sale is, well, huge. Springsteen could have continued to collect royalties for years, but the royalties are taxed as ordinary income. Ignoring state taxes, it’s 37% federally (unless you have to add the additional 5% or 8% proposed by the Build Back Better bill. What’s better than regular income? capital gain, of course, and music creators like Springsteen can still sell at capital gain rates, although this tax break has also been targeted in recent years. Willie Nelson, going so far as to seize his assets. But the tax code and regulations actually give songwriters a big chance, allowing them to treat the sale of musical compositions or copyright in musical works as a capital gain. Authors do not enjoy this favorable treatment if they sell a book. But if you are selling a musical composition or the copyright in a musical work that you create through your own efforts, you may choose to treat it as capital gains property. It is allowed under Article 1221 (b) (3) of the tax code. As with virtually everything in the tax world, there are some technicalities to watch out for. So if your song hits the Top 40, hire someone to observe these details for you. One of them is an election, which you can read on 26 CFR § 1.1221-3, which deals with the timing and modalities of the election.

Again, this tax break is only for music, not books or other written work. So if you write the Great American Novel, you will be paying ordinary income tax. The my-novel-is-a-capital-gain argument has been tried without success. After all, most income is ordinary, including payment for services, interest, business profits, dividends, money for winning the lottery, and most other payments. But for generations there has been a big tax break for long-term capital gains, those held over a year. Assuming you are over a year old, if you are selling your house, car, crypto stock, Amazon

AMZN
shares or other assets, it is a long-term capital gain.

Currently, long-term capital gains tax is progressive: 0% on income up to $ 40,000, 15% over $ 40,000 up to $ 441,450 and 20% on income above $ 441,451 (in some cases add 3.8% Obamacare tax), so at worst, your total tax bill is 23.8%. There are also timing advantages. Like Springsteen, you can normally decide when to sell an asset and on what terms. In contrast, with ordinary income, the implied receipt doctrine of “don’t pay me until January” doesn’t work with the IRS. Essentially, this means that you can’t time your income in most cases. However, if you settle a lawsuit, you can refuse to sign a settlement agreement unless it says the defendant will pay you in installments. Even though it may ring as if you could have gotten the money earlier, there is no implied receipt because you conditioned your signature to receive payment the way you wanted. As for preferring surplus value to ordinary income like Springsteen, many people try to position their legal settlements as capital gain too much.


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