Blog | Vimawealth

VIMA's Blog

Each week we post meaningful content about different subjects such as cryptocurrencies, stocks, the economy and the automotive industry. Check back weekly for new readings.

Blockchain

Nearly Half of Millennials Have More Faith in Crypto Than Stock Market They are also enthusiastic about the prospect of traditional...

Mike V.

Feb 22, 20194 min read

Weekend Reading

Reuters: A Self-Driving Dream Team Gets $530 Million From Sequoia, Amazon The self-driving startup Aurora Innovation Inc. has raised $530...

Mike V.

Feb 22, 20196 min read

Vanguard: Steps To The Next Decade

Rebecca Katz: What is a realistic rate of return for the financial markets over the next decade? Joe Davis: Our expectations for the next...

Mike V.

Feb 20, 20192 min read

Ways To Make Sure A Financial Adviser Is On Your Side

With the new year upon us, you’ve likely been giving some thought to your investment portfolio and your planning priorities for 2019....

Mike V.

Feb 18, 20192 min read

Weekend Reading

Reuters: Huge trucks haul jobs and profits for the Detroit Three Mickey McMaster is on his 12th pickup truck. The 61-year old farm...

Mike V.

Feb 16, 20197 min read

Legal Corner: Easy Way To Decide If LLC Is Right

When starting a business in Michigan, you need to decide how you want it to be organized from a legal and tax perspective. There are...

Mike V.

Feb 15, 20192 min read

Blockchain

Facebook Buys Into Blockchain, Sparks Learning About Ledgers Facebook recently hired the researchers from University College London...

Mike V.

Feb 15, 20197 min read

WSJ: Car Dealers Overflowing With Inventory

Dealers are starting 2019 with a growing surplus of inventory of unsold vehicles, which will likely pressure them to cut output: there...

Mike V.

Feb 7, 20192 min read

Meaningful Ways To Avoid Interest From IRS

While having high income raises your chances of an audit, it's not the only thing that can make the IRS single out your return. Even...

Mike V.

Feb 6, 20193 min read

Easy Steps To Emergency Fund

Many Americans lack even a small amount of savings to help them through an emergency. 4 in 10 adults said they wouldn't be able to cover...

Mike V.

Feb 1, 20192 min read

5 Reasons Why Higher Interest Rates Matter

For the past decade, we have lived in a period of relatively low interest rates. In response to the 2008 market and economic collapse,...

Mike V.

Jan 2, 20192 min read

Better-Paid Workers Made Ford Wealthier

Value extracted from society by the rich — instead of value creation by them — resulted in the income share of the top 1 per cent in the...

Mike V.

Jan 2, 20191 min read

How to Find a Financial Advisor You Can Trust

The right advisor can add 3.75% of added value to a portfolio. With the stakes so high, how can Americans pick the right advisor for...

Mike V.

Jan 2, 20191 min read

How Philanthropy and Social Giving Are Evolving

It's the evolution of social giving, and it's being driven by technology. Facebook's donation platform is one example. Another one is the...

Mike V.

Jan 2, 20191 min read

3 Ways Al Can Help Your Business

Products and services compete poorly with technology and networks. The manufacturers, distributors, and retailers of things or services...

Mike V.

Jan 2, 20191 min read

Ten Things the Greatest Leaders all Have in Common

1. Know the power of feelings 2. Be tough in a crisis 3. Know what makes employees stay and leave 4. Judge people by what they’re good at...

Mike V.

Jan 2, 20191 min read

Determining Your Investment Strategy by Age

Now is always a great time to reevaluate your investment portfolio and consider appropriate opportunities relative to your current...

Mike V.

Jan 2, 20193 min read

Bloomberg: The Bull Market Could Ruin Your Retirement

Here’s the good news for many people in their 60s and 70s: The long bull market has fattened retirement portfolios. But after such a long...

Mike V.

Jan 2, 20191 min read

Millennials are wreaking havoc on these 18 industries

Millennials' indifference or outright disdain have sent a wide range of industries into a slump in recent years. From golf equipment...

Mike V.

Jan 2, 20198 min read

How 5 Generations See Their Finances

The Society of Actuaries asked millennials, Gen Xers, early and late boomers and Silent Generation investors how they were doing...

Mike V.

Jan 2, 20193 min read