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Finance

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May 13, 2024

Understanding the Complexities of Investment Property Financing: 4 Key Pitfalls to Avoid

It’s easy to get swept up in the excitement of buying an investment property, especially with so much social media hype over potential profits. With proper research and vetting, you can find an investment property that diversifies your portfolio and earns you extra income. But, before you take the leap, there are some essentia[...]

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May 13, 2024

Navigating Real Estate Investments with Self-Directed IRAs: A Guide for Savvy Retirees

Thanks to inflation, longer lifespans and general economic turbulence, people are more worried than ever about providing for themselves financially during retirement. Forty percent of current retirees are worried about outliving their savings. This anxiety isn’t unfounded — nearly a fifth of them already have.  That fear ha[...]

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Apr 24, 2024

Strategies for Paying Off Debt and Boosting Investments: Should You Save, Spend or Invest? 

Is it best to pay off your debt, invest your extra money or a mix of both? Learn a few key questions to ask yourself so you can make a decision.  After you pay your bills, what do you do with money you have left over? This could be a one-off as you just received […]

Apr 20, 2024

Ibotta’s Strong Debut on Wall Street Signals Growth for Digital Coupon Platforms

NEW YORK (AP) — Shares of Ibotta, a Denver-based and Walmart-backed digital company that offers customers cash-back rewards and rebates on grocery brands ranging from Nestle to Coca-Cola, rose 17% in its Wall Street debut. The stock, which trades under the ticker “IBTA” on the New York Stock exchange, opened Thursd[...]

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Apr 4, 2024

Maximizing Tax Strategies for Colorado’s New Entrepreneurs

For first-time small business owners, the thrill of setting up shop often revolves around the tangible aspects of their enterprise: How much inventory to buy, logistics, establishing business banking and securing the right name. Yet, amongst these foundational decisions, many overlook a crucial component of business ownership: t[...]

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Apr 2, 2024

April is Financial Literacy Month: Here’s Why Financial Literacy Matters

As we enter Financial Literacy Month, it’s crucial to underscore the importance of economic and financial education, especially for our youth. As a newly appointed board member of Economic Literacy Colorado, I’ve chosen to invest my personal time, resources, and expertise into ensuring that children have access to es[...]

Mar 28, 2024

Elevations Credit Union named a national Top Workplace by USA Today

USA Today recently announced Elevations Credit Union as a recipient of the national Top Workplaces 2024 award. Elevations ranked as a top employer, outperforming more than 75 percent of similar-sized organizations (500-999 employees). Of approximately 370 total organizations recognized in this category, the credit union is one o[...]

Mar 8, 2024

Former FirstBank CEO Announces His Retirement From the Bank After 37 Year Tenure

FirstBank, one of the largest privately held banks in the nation with a focus on “banking for good”, announced Jim Reuter is retiring from FirstBank after seven years as Chief Executive Officer (CEO) and 37 years with the organization. The board elected President, Kevin Classen, as the new CEO, and Chief Digital Off[...]

Mar 6, 2024

Beyond the Headlines: A Factual Perspective on Regional Banking

We are two months into 2024, and instead of looking ahead and maintaining positive momentum from a strong Q4 2023 performance, I find myself experiencing an unwelcome sense of déjà vu.  Regional banks are once again the target of dramatized and often misleading headlines because, for the second time in less than 12 months, in[...]

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Mar 5, 2024

Faces of Colorado Business: Griffiths Law

ColoradoBiz showcases the personalities behind the companies in a range of industries and in all stages of development, from startups to stalwarts. Griffiths Law is a full-service family law and civil litigation firm located in South Denver. Our attorneys excel at the things that matter most to you: your financial well-being, yo[...]

Mar 4, 2024

How Will Stock Markets React to the 2024 Presidential Elections — and What Should Investors Watch for?

With a likely repeat of the 2020 election, I am often asked, “What happens if a particular candidate wins?” In the very short run, it can have a notable impact, like the night Donald Trump won in 2016. The futures market fell precipitously after he was announced the winner, but by the time the markets […]

Feb 29, 2024

Bitcoin Exchange Traded Funds (ETFs) Are Now Allowed to Trade on U.S. Stock Market

The Securities & Exchange Commission (SEC) recently voted to allow spot Bitcoin Exchange Traded Funds (ETFs) to trade on U.S. stock exchanges for the first time. Eleven firms — including heavyweights such as BlackRock, Invesco, Fidelity and others — received approval for spot Bitcoin offerings. READ: How to Invest in 202[...]