What is profit-sharing?
For employees, the benefit is obvious – it allows them to save more.
5 min read
Apr 21, 2023
James Royal, Ph.D.
Principal writer, Investing and wealth management
EXPERTISE
- Investing
- Wealth management
- Behavioral finance
- Stock analysis
EDUCATION
- Bachelor of Science in management, University of Florida
- Master of Arts in English, University of Florida
- Doctorate in English, University of Florida
Our goal is to get wiser every day and avoid the mistakes of the past.
— James Royal, Ph.D.
About the author
Bankrate principal writer and editor James F. Royal, Ph.D. covers investing and wealth management. His work has been cited across major media, including CNBC, the Washington Post, The New York Times and the Associated Press. Royal believes in the power of education to help individuals make smart financial decisions that can positively and significantly improve their lives.
Experience
James is the author of The Zen of Thrift Conversions. He’s a veteran writer and stock analyst with a history of working in the financial-services industry, including at the Motley Fool and Bankrate.
Education
Royal has a bachelor’s degree in management as well as master’s and doctoral degrees in English earned at the University of Florida.
Media mentions
CNBC
Yahoo Finance
Reuters
Cheddar TV
Forbes
Barron’s
Our goal is to get wiser every day and avoid the mistakes of the past.
— James Royal, Ph.D.
James's latest articles
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You lost your job: How should you invest?
Here’s how a few experts say you should invest when you’ve lost your job.
5 min read Apr 21, 2023 -
Survey: Here are the pros’ top investing ideas and how to handle the Fed’s actions
How should investors position their portfolios until the end of 2023?
5 min read Apr 04, 2023 -
Survey: Pros foresee stocks rallying 8% over the coming year
It’s the tenth straight time the survey has predicted gains in the index.
6 min read Apr 04, 2023 -
529 vs. UTMA/UGMA: What are the differences and which is better?
Is a 529 plan better than a UTMA/UGMA account? Here are some key things to know.
4 min read Mar 31, 2023 -
How to roll over a Thrift Savings Plan to an IRA
Here’s how to roll over your thrift savings plan into an IRA, and what to watch out for.
4 min read Mar 27, 2023 -
How to handle the volatile stock market if you’re about to retire
Here’s how to handle a volatile stock market if you’re about to retire, according to experts.
5 min read Mar 23, 2023 -
Secure your savings and boost your returns: 5 ways to a better bank account
It’s the perfect time to double-check your accounts for safety and then look for higher yields.
5 min read Mar 23, 2023
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9 biggest 401(k) mistakes to avoid
Don’t make these errors when using a 401(k) to save for retirement.
5 min read Nov 20, 2024 -
Stock market holidays in 2024: US markets are closed on these days
When is the stock market closed? Here’s a list of days when the major exchanges observe holidays.
1 min read Nov 11, 2024 -
What is the Dow Jones Industrial Average?
These companies make up the popular Dow Jones Industrial Average.
3 min read Nov 04, 2024 -
Elon Musk in 2024: What to know about the world’s richest person
Learn which investments helped make Elon Musk the richest person in the world.
8 min read Nov 04, 2024 -
What to do if your Social Security payment is late
Is your Social Security check late? Here’s what to do.
2 min read Oct 29, 2024 -
Best time of the year to retire for tax purposes
When you retire can potentially have a big impact on your retirement income and the taxes you owe.
4 min read Oct 24, 2024 -
Warren Buffett: Top investing lessons and advice from Berkshire’s legendary CEO
Here’s what else you should know about Warren Buffett, his investment approach and largest holdings.
8 min read Oct 22, 2024 -
What is Bitcoin mining and how does it work?
Here are the basics on how Bitcoin mining works and some key risks to be aware of.
5 min read Oct 21, 2024