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Edward Schinik

Edward Schinik

CEO

Yorkville Advisors

NY

Edward Schinik has been with the Investment Manager since 2009 and has been with one Affiliated Investment Manager since 2005. He serves as both Chief Operating Officer and Chief Financial Officer and is responsible for the Investment Manager's Accounting Department and operational infrastructure. Ed serves as Chairma...

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Ready to expand your portfolio? Here are 5 types of investments you should know about

If you are looking to build a rock-solid portfolio that will allow you a greater degree of financial freedom, you have no doubt considered investing. Investing is one of the best long-term ways to create wealth and diversify your sources of income. With that in mind, here are five types of investments that you should know about for a stronger financial portfolio.

Edward Schinik - Ready to expand your portfolio? Here are 5 types of investments you should know about

The True Value of SMS for Your Business

Running a successful business is, first and foremost, a matter of communication. After all, if you can't communicate ideas, updates, and important information, how can you expect things to run smoothly?

Edward Schinik - The True Value of SMS for Your Business

3 Strategies for Managing a Mutual Fund Portfolio

Establishing a regular savings program is essential for securing a future retirement, but ensuring that money continues to grow is the real secret to accumulating wealth. Take a look at three common methods for managing a mutual fund.

Edward Schinik - 3 Strategies for Managing a Mutual Fund Portfolio

3 Great 401(k) Features Everyone Should Know About

It was just a few decades ago that most employees had a nice pension and a gold watch waiting for them when they turned 65. That's no longer the case. Today, more employers offer a 401(k) plan or a similar defined contribution plan for their employees. Many people decry this shift, but there are some great features that come with 401(k) plans....

Edward Schinik - 3 Great 401(k) Features Everyone Should Know About

3 Ways to Invest In Real Estate without Buying Property

Finding unique ways to invest your money is very important. While most people invest a portion of their assets in the public stock markets, it would also be a good idea to find other ways to invest to diversify your total investment portfolio. One type of investment that can provide you with great long-term returns on your investment is real estate....

Edward Schinik - 3 Ways to Invest In Real Estate without Buying Property

5 Steps to Investing Your Health Savings Account

Health saving is one of the types of bank savings, but they are different when compared with the standard savings which will serve as the emergency fund, or vacation fund, the money that will be saved for health will only be used to take care of health care expenses. There are so many healthcare plans to choose from you have to select the right one....

Edward Schinik - 5 Steps to Investing Your Health Savings Account

Top Tax-Advantaged Investing Alternatives Beyond Company 401(k) Plans

Saving for retirement and other long-term financial goals is very important. For those that are looking to prepare and save for the future, taking advantage of tax-advantaged savings accounts and investment strategies can be a great option. While most people are aware of the advantages that come with investing through a 401k...

Edward Schinik - Top Tax-Advantaged Investing Alternatives Beyond Company 401(k) Plans

6 Inexpensive Marketing Ideas for Your Small Business

You can offer the best product or service for your small business's industry, but it's not going to drive sales unless your target audience knows about it. While you can always promote your products or services using paid advertising solutions like TV and radio commercials, there are other, cheaper ways to reach your audience….

Edward Schinik - 6 Inexpensive Marketing Ideas for Your Small Business

The Best Investing Podcasts to Listen to

Podcasts offer a wealth of information that allows you to learn as you commute, work out, run errands, and do chores. If you want to learn more about investing, check out our six picks for the best investing podcasts…

Edward Schinik - The Best Investing Podcasts to Listen to

5 Common Financial Mistakes Guaranteed to Ruin Your Retirement

Preparing for retirement is not usually an exciting or fun topic and often the rewards are far enough off that it's difficult to really engage. And, even worse, short-term benefits can lead to long-term difficulties that could be easily avoided with a little planning. It's critical to have a good retirement plan and process for updating it and improving it as time goes on..

Edward Schinik - 5 Common Financial Mistakes Guaranteed to Ruin Your Retirement

How Behavioral Science Can Help Prevent Business Disasters

In the wake of the 2008-2009 mortgage crisis, millions of lenders, bankers, mortgage brokers and others in both the real estate and mortgage industries all fell back on the position that it was something that no one could have seem coming. In fact, many did see it coming, but no one wanted to listen to them because no one wanted to believe what they had to say...

Edward Schinik - How Behavioral Science Can Help Prevent Business Disasters

Why Investors Should Consider Investing In Tech Stocks

Investors have been pleased with the gains in the technological industry over the last year. Huge tech stocks such as Facebook, Amazon, and Netflix have made a substantial impact on the market. Even smaller stocks such as NVIDIA, Shopify, and Arista have seen large increases after every period...

Edward Schinik - Why Investors Should Consider Investing In Tech Stocks

How to Make a Business Plan and Stick to It

There are a variety of ways that companies can write a business plan. Many people advocate including a number of sections, but numerous sections can lead to clunky and long business plans. Your business plan should allow a potential investor to understand what your company is about, how it will be run, and how it will be financed....

Edward Schinik - How to Make a Business Plan and Stick to It

Three Financial Mistakes to Avoid in Your 50s

There may never be a good time to make financial mistakes, but there are some completely disastrous times to make mistakes. One such time is when you're in your 50s. When you're getting close to retirement, and there are fewer years to save and grow your money, financial mistakes can devastate your plans to leave work and relax into your golden years….

Edward Schinik - Three Financial Mistakes to Avoid in Your 50s

How to Finance a Handover

You have worked hard to build your business. Years, even decades, have been committed to building your business and earning your reputation. Now that the time to begin considering a succession plan has come, there are a number of key issues to consider....

Edward Schinik - How to Finance a Handover

How to Trim Your Car, Home and Health Insurance Premiums

Some types of insurance are required, such as your auto insurance and your homeowner’s insurance. Even without a lender’s requirement for home insurance or your state’s requirement for auto insurance, you may understand the true financial benefits associated with purchasing coverage and maintaining an active policy...

Edward Schinik - How to Trim Your Car, Home and Health Insurance Premiums

The 50/20/30 Rule of Investing

For people who are just starting out with their first job, or even those who have been on their own for decades, having a plan for your money can be hard. Most of us simply fly by the seat of our pants, checking our accounts to see if we have enough money to pay the bills that week, and then trying to hold on until payday….

Edward Schinik - The 50/20/30 Rule of Investing

Best Practices for Beginner Investors

As the world of finance becomes increasingly digital, a new generation of investors is being created. Thanks to technologies, such as online brokerage platforms and third-party resources that monitor asset prices, today's investor is more independent. However, that does not mean investing does not bear risk anymore...

Edward Schinik - Best Practices for Beginner Investors

3 Reasons to Avoid Personal Loans

No matter who you are, no matter how well or wisely you manage your money and no matter how rich or poor you are, there is going to be a time when you will be desperately strapped for cash. Sometimes, this may only represent a temporary situation, but sometimes it is the culmination of a long string of financial setbacks…..

Edward Schinik - 3 Reasons to Avoid Personal Loans

The Personal Finance Spectrum

Just as our background, hobbies, and beliefs are varied, so do Americans' money habits. Some people refer to themselves as savers, who hoard every penny and put it to use for something more long-term, while others like to spend it as quickly as possible, leaving very little thought to the future….

Edward Schinik - The Personal Finance Spectrum

Three Financial Tasks That Can Be Automated

Regardless of your busy schedule, it’s essential to keep track of your financial procedures and ensure everything is done on time. Let a single financial process fall by the wayside, and you’ll find yourself facing steep late-fee charges or worst, a damaged credit card score. That said, to stay on top of your monthly bills and spending, automate most, if not all, finance tasks.

Edward Schinik - Three Financial Tasks That Can Be Automated

Everything You Need to Know about Mobile Wallets

The business world has certainly come a long way since the days when cash was king. In fact, there are a growing number of merchants that no longer even accept paper currency as a payment option. What is one to do? Increasingly, merchants and consumers are turning to mobile wallets, both for convenience and security...

Edward Schinik - Everything You Need to Know about Mobile Wallets

5 Things You Should Know About Money

Money, and the need for it, is one of those stressors that is never going away. The majority of Americans don't have the first clue about what to do, because they have never been formally taught anything about handling money...

Edward Schinik - 5 Things You Should Know About Money

Three Stocks You Should Buy Right Now

With one of the longest-running bull markets in financial history starting to settle down, now might be a good time to buy individual stocks that once carried a hefty price tag. Most major market averages started 2018 on a tear, making some stocks unaffordable, but prices have now settled....

Edward Schinik - Three Stocks You Should Buy Right Now

The Top Five Business Schools in America

Having an MBA from a top US university can set a path for a successful career. There is no unique way of estimating the quality of a university. For instance, USN (United States News) created their new list based the success of university according to the success of their students…

Edward Schinik - The Top Five Business Schools in America

How the New Tax Law Impacts Small Business Owners

Employees of many large corporations have received employee bonuses and wage increases in the aftermath of the recent tax overhaul. In contrast, many small-business employees have experienced disappointment by being denied a similar benefit….

Edward Schinik - How the New Tax Law Impacts Small Business Owners

Best States to Live In If You Are Rich

Although it may seem like you can live in just about any state when you’re rich, the reality is that some states are far better for rich people than others. And after evaluating all the states, a few stood out as the best for those in the highest income brackets. Read on for the methodology and the best states to choose…

Edward Schinik - Best States to Live In If You Are Rich

How to Split Finances When Married

When a couple decides to get married, it represents two people coming together to share a life together. However, it doesn't mean that they have to share everything equally. Let's take a look at some of the different ways that couples can handle their finances after their wedding day…

Edward Schinik - How to Split Finances When Married

The Importance of Promoting Financial Literacy among Youths

During the European Money Week programme, the Malta Bankers' Association will hold a meeting to address the lack of financial education available for youths enrolled in public schools. As a whole, the banking community sees financial education as a necessary component for strategically improving financial literacy via hosting events, or releasing publications...

Edward Schinik - The Importance of Promoting Financial Literacy among Youths

How to Know if You Should Rent or Buy a Home

Buying a home is not a decision one should be making without careful planning. Many factors need to align for you to make a favorable deal, from your current cash flow to a current state of the market. This article explores the essential determinants you need to consider before renting or buying a home…

Edward Schinik - How to Know if You Should Rent or Buy a Home

3 Free Personal Finance Classes You Should Enroll in ASAP

As adults, finances are an important part of life. They determine how much money you can spend, how much you need to save, and even how much to budget. When you are starting to take personal finance seriously, you might be interested in taking a few financial classes to help you better navigate the world of personal finance...

Edward Schinik - 3 Free Personal Finance Classes You Should Enroll in ASAP

5 Things You Must Pack for a Business Trip

Traveling for business can often be a tedious task. Depending on your business needs, you may find yourself packing multiples suitcases and bags for what seems like a small trip to have everything you need. But when packing for a business trip, there are many items that the business can forget that they’ll need along on their trip....

Edward Schinik - 5 Things You Must Pack for a Business Trip

The Basics of Momentum Investing

Momentum investing is a sharp contrast to typical long-term investing. Specifically, it focuses on short-term volatility, timing peaks and valleys of the security, and relevant market sentiment to generate returns....

Edward Schinik - The Basics of Momentum Investing

Why You Should Invest in the Stock Market

A lot of people fear the stock market even though historically it has performed well. In fact, it has always its upward trend. In other words, every bull market was stronger than the bear market or "recession" it had previously experienced. Why are people so hesitant to invest and grow their money?

Edward Schinik - Why You Should Invest in the Stock Market

How Your Business Can Adapt To The Digital Revolution

Your smartphone, your PC workstation at the office and your laptop have transformed your life and your business. In some ways, doing business is a lot better and more convenient. But the march of digital technology has just started. More advances are expected in the future.

Edward Schinik - How Your Business Can Adapt To The Digital Revolution

How To Know When You're Ready To Start Investing Your Money

Investing your money is an effective way to increase your net worth at a level higher than inflation. As a general rule, inflation is about 2 to 4 percent per year in a normal economy. The S&P 500 tends to generate returns of 11 percent per year. Let’s take a closer look at when you should start investing and how to develop a portfolio.

Edward Schinik - How To Know When You're Ready To Start Investing Your Money

Why A Good Education Is Imperative For Your Retirement Finances

No one questions the conventional wisdom that a good education is important for your professional success, but is that the only role it plays in your financial life? While the right degree and school can help you find a job and climb the ranks in your chosen profession, education also plays a critical role in your retirement readiness….

Edward Schinik - Why A Good Education Is Imperative For Your Retirement Finances

How to Become a Genius Entrepreneur

Knowing how to manage your finances, as well as understanding how to maintain your wealth is the key to becoming a genius entrepreneur. As you search for ways to move forward in your new business, be sure to make it a point to better yourself as a business owner as well. The best entrepreneurs are always evolving along with their companies.

Edward Schinik - How to Become a Genius Entrepreneur

5 Great Industries to Start a Business in Today

The decision to launch a start-up in any field is never an easy one, especially when confronted with all the complications of modern technology. However, one proven way to narrow your focus down to businesses that are most likely to succeed is to use a reliable data source like the U.S. Bureau of Labor Statistics (BLS).

Edward Schinik - 5 Great Industries to Start a Business in Today

5 Great Leadership Books to Read This Year

If you’re looking for a book that will inspire and bring out the leader in you, here are 5 great leadership books to read this year. These books will make you rethink your ideas of what makes a great leader.

Edward Schinik - 5 Great Leadership Books to Read This Year

Rental Apps Receive Millions in Funding

While China is widely known for excellence in several fields – it’s the oldest country on Earth, kicking you-know-what at sports played indoors like badminton and ping pong, and having more land mass than any country except the United States of America – the nation hasn’t been known for having one of the world’s hottest real estate markets.

Edward Schinik - Rental Apps Receive Millions in Funding

Two Deals that Could Shake Up Wall Street

There could be some changes in big companies during 2018 that could have a boomerang effect through major sectors of the market. While no one knows for sure, there are strong rumors that these deals may occur before the year is through. Here are the two deals that you may want to watch for in 2018.

Edward Schinik - Two Deals that Could Shake Up Wall Street
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Jeff Bezos Net Worth Tops $100 Billion

Amazon founder and CEO Jeff Bezos’ net worth just exceeded $100 billion (that’s one followed by 11 zeroes) last Black Friday, November 24. He’s the first person who has amassed such fortunes ever since Microsoft co-founder Bill Gates did it in 1999. Today, Bezos is the wealthiest man in the world, ahead of Gates and renowned investor Warren Buffet....

Edward Schinik - Jeff Bezos Net Worth Tops $100 Billion
Snapshot

Making the Deal – Yorkville Advisors LLC

When deals for multi-millions are made, ones where a company like Yorkville Advisors, a private investment firm that puts money into public companies, usually takes a bit of time and a lot of expertise. Research is done, due diligence from both sides becomes necessary, and so much more before names are signed on a dotted line and finances made available...

Edward Schinik - Making the Deal – Yorkville Advisors LLC