Person sitting at a table punching numbers into a calculator

Article Summary: Exempt-interest dividends are interest payments from a mutual fund exempted from federal tax. Mutual funds investing in municipal bonds issue tax exempt-interest dividends. Municipal bond investments can benefit high net-worth individuals because they are low risk and provide tax savings. However, these dividends may still be subject to state tax or the alternative […]

Woman putting bank card into an orange ATM

Article Summary: You can withdraw money from PayPal using multiple options. If you link a bank account to your PayPal account, you can withdraw your money using an instant or standard transfer, use a PayPal transaction card, or get a check. Without a bank account, you’re limited to requesting a paper check or applying for […]

Phone and laptop showing stock changes

Article Summary: You can withdraw and transfer money from Robinhood to your bank account, but there are some limitations. You can only make five withdrawals per trading day and up to a maximum of $50,000 per day. After you sell your stock, you will need to wait up to three trading days for the trade […]

Four business men figures looking at line graphs

What is Short Interest?

Article Summary: Short interest identifies how many investment shares are sold short for a particular stock, which reveals the general market’s sentiment towards that stock. The short interest ratio represents the number of days it takes for investors to cover their positions and rebuy a shorted share. If you’ve invested in the stock market, you […]

Jar of coins with a plant growing out of the top

Article Summary: An endowment is a type of fund created by nonprofits or universities that help ensure financial stability. For most endowments, the principal (or corpus) remains untouched and instead is invested into various assets. The organization then uses whatever investment income they earn from their assets. To maintain the principal amount, endowments have strict […]

Two sacks with dollar signs on scale opposite house model

Article Summary: A tax abatement is a government incentive that can lower or cut property taxes in a certain area. These incentives provide considerable savings for individuals and companies. While governments offer these incentives as a tax break or property tax abatement to improve the local economy, it doesn’t always work. Buying property is rarely […]

Man confused looking at invoice and wondering what are HOA fees

Article Summary: If you’re purchasing a property part of a homeowners association, you will likely pay HOA fees. The homeowners’ association (HOA) fees help cover maintenance costs and communal facilities. HOA fees are part of your monthly housing cost but are not included in your mortgage payments. HOA fees will go towards maintaining the upkeep […]