If shareholders don’t like the eventual target -- or if a SPAC fails to find anything by a set deadline -- investors can redeem their shares for cash at the IPO price, plus any interest earned.
Series I savings bonds have been surging in popularity. But consumers only have two more weeks to lock in elevated rates for the next 12 months.
For protecting clients, Social Security is tough to beat.
Bearish arguments are compelling because they sound smart. That’s what makes them seductive to novice investors.
Economists once thought they knew how borrowing costs affect the economy, but we have been proved wrong.