First-time investors ‘bull-ied’ into the stock market like never before.
These beginners dumped a considerable amount of time and money while stuck at home during the pandemic.
The stimulus package deposited extra cash in pockets with little to spend it on. Others were just bored, with nothing to do and extra time to kill.
The result was a perfect storm. Charles Schwab, an industry leader, reported that new accounts are completing more total trades than any other.
And, many more are still eager to jump in.
Before beginning, accountant Konstantin Lichtenwald, based in Vancouver, encourages any first-time investor to ask…
Planning and investing for the future is very important and can help to ensure that you are able to reach your financial goals. Over the past year, the markets across the globe have been very volatile, which has caused some concern. One financial expert, Konstantin Lichtenwald of Vancouver, discussed the recent trends in the stock market that have led to the volatility in the markets.
COVID-19 Has Major Impact on Markets
In March 2020, the stock markets across the globe experienced one of their most significant downturns ever. This was largely due to the onset of the COVID-19 pandemic, which…
The recent stock market inflation of GME stock was historic. Konstantin Lichtenwald witnessed it happening in real-time and was amazed at the effort of the Redditors on r/WallStreetBets to overcome the 1% with their mobilized efforts. However, many people still do not understand the full story of what happened over that period of time. Konstantin Lichtenwald understands finance very well and is here to explain what has been going on. First, Konstantin Lichtenwald is going to talk about the hedge funds that keep other investors down and how the game is rigged.
The world of finance and investments is a very complicated and necessary one that people rely on to reach their long-term investment goals. While this is always a challenging industry to work in due to the complexities of the world of finance, the recent growth in popularity of Wall Street Bets has added additional challenges. Due to this, working with professionals such as Konstantin Lichtenwald of Vancouver is very important.
Konstantin Lichtenwald Has Substantial Experience and Great Education
One of the reasons that you should continue to work with professionals such as Konstantin Lichtenwald of Vancouver is that he has great experience and education. After graduating from the…
A Global Perspective: How Konstantin Lichtenwald Blends Accounting with His Love of Travel
What do accountants do in their spare time? For Konstantin Lichtenwald of Vancouver, BC, the answer is simple: travel. While the COVID-19 pandemic may have put many travel plans on hold, Konstantin looks forward to the day when he can travel as much as he did in the past.
Of course, Konstantin doesn’t just travel for pleasure. It’s also a major part of his job as an accountant.
VANCOUVER, BRITISH COLUMBIA / The coronavirus pandemic has put the stock market in turmoil. Investors have seen the market rapidly alter from record highs to a drastic crash. However, Konstantin Lichtenwald of Vancouver explained that while the coronavirus pandemic primarily caused this crash, a market doesn’t need a pandemic to drop drastically without warning.
Konstantin Lichtenwald of Vancouver explained that a down market is not uncommon and crashes have happened countless times over the years. He stated that it’s inevitable for investors to experience a crash at some point, so it’s best to be mentally and financially prepared. …
Theme parks around the globe have taken on serious losses in 2020 due to the coronavirus pandemic. However, despite suffering serious losses in 2020, Disney stocks have begun to rise again. In fact, shares of Disney were up almost 12 percent last Monday. Konstantin Lichtenwald recently discussed this jump and what it means for the theme park industry.
“This rise can partially be attributed to BioNTech and Pfizer reporting positive vaccine results to combat the COVID-19 pandemic,” Konstantin Lichtenwald of Vancouver said . “This news has pushed investors back toward tourism-related stocks.”
Konstantin Lichtenwald of Vancouver explained that a possible…
Theme parks around the globe have taken on serious losses in 2020 due to the coronavirus pandemic. However, despite suffering serious losses in 2020, Disney stocks have begun to rise again. In fact, shares of Disney were up almost 12 percent last Monday. Konstantin Lichtenwald recently discussed this jump and what it means for the theme park industry.
“This rise can partially be attributed to BioNTech and Pfizer reporting positive vaccine results to combat the COVID-19 pandemic,” Konstantin Lichtenwald of Vancouver said . “This news has pushed investors back toward tourism-related stocks.”
Konstantin Lichtenwald of Vancouver explained that a possible…
When Companies Hold an Initial Public Offering (IPO), This Is a Big Move and Konstantin Lichtenwald Is Here To Discuss It
There is a saying that people need to spend money and make money and companies are going to have a hard time getting their ideas off the ground if they are not able to raise enough money to conduct research, stock up on inventory, and market their products and services. Therefore, there are times when a company might conduct something called an IPO, which stands for an Initial Public Offering. This is a major move that has to be…
Particularly in the Modern Era, It Is Critical for Companies To Know About Reverse Takeovers or RTOs, and Konstantin Lichtenwald Is Here to Discuss Them
With so many companies entering a wide variety of global industries, competition is stiffer than it ever has been in the past. Therefore, many companies are looking for ways to raise additional capital. It can be helpful to go through a traditional IPO, which is an initial public offering; however, there are some cases when companies might go through an RTO, which stands for a reverse takeover. …
Konstantin Lichtenwald
Konstantin Lichtenwald has over 15 years of finance and accounting experience, including corporate compliance, accounting and financial management,
