The Unending GameStop Drama

Following a tough year, many of us had spent time looking for ways to diversify our income options and explore other ways of making a little extra – there have been a huge number of different options explored  throughout this period of time whether it be an increasing number of people turning to platforms such as online gaming as here are some non gamstop casinos that have grown in popularity for example, or even those looking for another gamble as they turn to retail trading and the stock market as another way to make money. This is certainly a space that has hit the headlines too, with the rapidly growing Reddit community of WallStreetBets making news with a direct challenge to some of the biggest established names on Wall Street itself, and whilst there have been a number of stocks that have become the target of this, GameStop is certainly the biggest.

The change had come as a challenge to the short position taken by Wall Street, and it saw the GameStop position change from around $20 per share, all the way up to $400 per year, and back down once again in a bit of a rollercoaster ride for all of those aboard and has been up and down ever since. Many have been looking for the moment where big change could be on the way, and it seems that time has come as the unending GameStop drama has thrown another wrench in the works – this comes as a recent announcement made suggests that GameStop will be paying off the entirety of their existing debt of $216.4 million which had initially been aimed at for 2023, and may perhaps lead to another big change that could have a wider impact on the stock market.

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Since the announcement, some have taken a bit of a detective dive into the possibilities from this with a potential explored that the clearing of debt could mean there may be dividend options available moving forward which could mean a changing position on those current holding shorts with the need to cover that position – this change could lead to a huge adjustment in prices on the market once again, and could be a huge turning point for those holding out waiting for the price to increase.

Whatever happens is certainly an interesting situation as a whole, and this won’t be the end of whatever drama comes from the ongoing changing market too – for many who have bought in to not only GameStop but many of the other big stocks too such as AMC, this could be a long haul type of deal as many have since buckled up to see it through as far as possible – and with ongoing investigations into the entire retail trading set-up and how the platforms had handled the current market too, there could be big changes on the way for retail trading as a whole to perhaps be more in favour of the customers given the troubles found earlier this year.

The answers to why Prepaid Payroll Card is becoming the preferred choice for Businesses

Utilising prepaid payroll cards offers great incentives, whether you are personally responsible for managing payroll activities within your growing business or otherwise employing a team of accountants to handle the numbers. The application of this financial product can be exceedingly beneficial to both you and your employees alike.

The customary process of paying through the use of cheques or by direct deposit contains inconvenience that are not only detrimental but also incredibly risky due to the potential of identity theft and numerous other fraud related hazards. Prepaid payroll card operates just like any other traditional bank issued credit and debit card, which allows your company to load money directly to the employee’s cards on a specific day such as when salaries are due, otherwise known as payday.

Below are multiple key benefits of switching to and using a prepaid payroll card for business activities:

Prepaid Payroll Card

Decrease Payroll Handling Tasks

For the added benefit of efficiency and expediency, a busy business owner would be considering alternative ways to reduce unnecessary paperwork and streamline the various practices that are being handled. Payroll is generally one of the most labor demanding core tasks that businesses need to manage. Thankfully this process can be simplified through paying personnel electronically and supplying them receipts after each payroll rotation. This removes the necessity for cutting cheques, approving direct deposit payments, as well as simplifying all activities associated with managing payroll payments and accounting. Continue reading %s

3 killer Reasons your rented property needs a Letting Agent

If interest rates are low and the stock market is unpredictable, purchasing a buy-to-let property is a shrewd investment opportunity – and although the market is not quite the goldmine it was during the boom years, it has gone through something of a revival recently.

Consequently, if you’re looking to hop on board the buy-to-let gravy train, or if you’re already in possession of a property, it’s vital to ensure the process of renting out a flat or house is managed efficiently.

Regardless if you’re offering flats to rent in Paisley or a bungalow in Birmingham, you can alleviate stress by involving a qualified and experienced letting agent to help you manage all aspects of the process.

Read our three killer reasons to find out why a letting agent is essential …

Letting Agent

Rapport with your tenant is unlikely to suffer

By employing a letting agent to manage your affairs and deal with the tenant on your behalf, the relationship between you and the occupant is shielded, with the agent used as something of a human buffer. Of course, this is beneficial to both parties, as it ensures any tenant grievances are dealt with swiftly and professionally, which offers you unrivalled peace of mind for an affordable monthly fee paid to the agency.

Time taken to fill a property decreases

If you need a tenant to fill your property, a letting agency can make that happen quickly and efficiently. Rather than placing an ad on Gumtree or in the window of the local post office, the agency can post details of your flat or house on their website, which allows the property to reach a wider audience. Quite simply, the advent of the internet has made property shopping an online experience, so it’s essential your buy-to-let receives the coverage it deserves.

Agents sort any issues your tenants may have

If you purchase a buy-to-let, it’s highly likely you will be involved in other time consuming projects, or still be employed full-time. Accordingly, a letting agent can deal with any problems that may arise with your property or your tenants before it evolves into a full-scale disaster. Owners who want the reassurance of knowing their property is in safe hands, then, should look to hire a letting agent to quickly nip problems in the bud and keep their tenants happy as a result.