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
Learning how to use the premarket and after-hours sessions for buying and selling isn't easy. Trading is a complicated process that requires years of training and strategy to master. Even some of the most advanced investors will avoid getting involved with extended trading sessions because they know that they'll be exposing themselves to greater risk, and lower liquidity. However, that
No one becomes independently wealthy by investing in bank accounts alone. Bank accounts and savings accounts, especially those with high-yield interest generation, are great places to park your cash. Or, to create emergency funds. However, such returns on parked money are minimal, even at banks with great rates. The average interest range for most savings accounts, for example, ranges between
Buying lottery tickets was a bad habit that I used to indulge in. I was in the habit of buying $1 and $5 scratch-off tickets. Reflecting on that time, I have no idea how much money I wasted. It might have been a few hundred. One day, I won about $35. To celebrate, I bought a bunch of old-school kung
The capital markets can be volatile and one of the best ways to insulate yourself from choppy market conditions is to build a diversified portfolio. The process involves capital allocation to different portfolios and several diverse asset classes to reduce the volatilility of your returns. Once you have determined how much capital you will allocate to a specific venture you