Have you recovered from the stock market drama involving GameStop yet? The whole fiasco sounded like the plot out of a cable or streaming drama; poor and working-class investors defeating rich, elitist Wall Street investors at their own game. “Retail investors,” meaning people like you and me, are taken just as seriously as traditional investors now. “Meme Investing,” now a
We all want to make more money, especially now. Perhaps your income from your day job is no longer satisfying you. Maybe your expenses have increased but you don’t have the ability to change careers at the moment. Chances are that you’ve probably heard about people making extra money through investing in the stock market, especially if you currently have some money saved. But moving forward with a stock market investment is a major decision. Whether you want to become one of the 4 million Americans who wear braces or you’re trying to finance the education of your future children, you might be worrying about whether or not investing in the stock market is a good way to go. Stock market investing is not the right option for everyone, but it can be potentially lucrative. At the same time, investing in the stock market improperly can result in the loss of money. There is a reason why many people devote their entire careers to the stock market — though you certainly do not need to spend all of your time on investing in order to make an additional income.
Warren Buffett once said that when used appropriately, the stock market is ultimately a financial instrument that transfers wealth from the impatient to the patient. Investment should always be treated as a long-term financial strategy. There is no room for any get rich quick strategic thinking when it comes to investment. That is unless your strategy is to lose all
This pandemic has brought out an aggressively paranoid hypochondriac in me. Several weeks ago, I woke up horribly nauseous. The room began spinning. I was mentally dizzy. My vision was spinning. I was as weak as a newborn faun. Getting out of bed and walking to the bathroom, a journey of several steps, might as well have been a
Right now is the time to evolve our thinking when it comes to personal finance. Yes, you should be frightened about the seriousness of the coronavirus pandemic. You’re not paying attention if you’re not scared. As of this posting, over 246,000 people on Earth were killed by the coronavirus. Over 67,000 of those deaths occurred in the United States.
Sir John Templeton was arguably one of the greatest investing experts of the 20th century. He innovated the concepts of international and contrarian investing that most people take for granted today. Templeton was one of the earliest advocates of value investing. When he sold his company, the Templeton Growth Fund in 1992, it was worth over $13 billion. So, if