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Portage Fintech Acquisition Corporation Announces Pricing of Upsized US$240 Million Initial Public Offering

Portage Fintech Acquisition Corporation Announces Pricing of Upsized US$240 Million Initial Public Offering
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NEW YORK, July 20, 2021 /PRNewswire/ - Portage Fintech Acquisition Corporation (the Company ) today announced that it priced its initial public offering of 24,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Stock Market, LLC ( Nasdaq ) and will trade under the ticker symbol PFTAU beginning July 21, 2021. Each unit consists of one Class A ordinary share of the Company and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq under the symbols PFTA and PFTAW, respectively. The offering is expected to close ....

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What is a central bank digital currency (CBDC)?

What is a central bank digital currency (CBDC)?
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Short-term vs. long-term investments

Short-term vs. long-term investments
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Shopping cart of investments
Financial goals exist on a timeline that stretches into the future. Some goals, like buying a new car, might take place in the near future, perhaps inside just a couple of years.
Others, like retirement, may be decades away. Investment strategies for these goals typically vary. Here’s a look at long- and short-term investment strategies and some of the important considerations that come with each.
Related:
What Is a Long-Term Investment?
Long-term investments are typically held for a few years or more to help fund long-term goals like saving for a child’s college education or retirement. ....

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The difference between speculation & investing

The difference between speculation & investing
Mediafeed
2/2/2021
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Stock risk concept
All investments carry some risk, but the difference between speculating and investing can illustrate the level of risk involved.
Speculating often describes scenarios when there’s a high chance the investment will deliver losses but also when the investment could result in a high profit. In contrast, investing generally refers to situations when an individual researches an asset and puts money into it with the hope that prices will rise over time a reasonable amount.
The difference between speculating and investing can be nuanced and a matter of opinion. But when traders are speculating, they can wager on higher-risk markets such as cryptocurrencies, commodities or shares of smaller companies. They may use investment tools such as options or futures. Meanwhile, in investing, individuals may buy or hold stabler assets in their 401(k) portfolios o ....

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What is a good 401(k) expense ratio?

What is a good 401(k) expense ratio?
Mediafeed
1/27/2021
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401k
The expense ratio of a 401(k) plan is the amount an investment company charges investors for managing the fund. A total of administrative fees for the fund’s expenses, this rate is usually stated as a percentage-per-year.
In general, the lower the 401(k) expense ratio, the better. But it’s tough to say what paying too much might be. That answer lies in trying to assess how much an investor should be paying and what typical rates are. A July 2019 CNBC article found that 95% of 401(k) investors pay fees associated with their plans, with the national average for 401(k) fees .45% of all total invested assets. ....

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