Do you have crash insurance? I am not referring to car insurance; I am talking about portfolio insurance for when the stock market crashes. You’re probably wondering how to buy crash insurance. You can’t purchase crash insurance, but there are concrete measures you can take to strengthen and protect your portfolio. If you could predict […]
We’ve all been guilty of this in one situation or another – letting our emotions take over and making decisions we would later regret. There’s something inside all of us where – in certain situations – we let emotions and behavioral tendencies take over and put common sense and judgment in the back seat. In […]
The average investor doesn’t react well to uncertainty, and there is a lot of uncertainty going on in the world right now. Questions like these are keeping investors up at night: Is Ukraine going to fall to Russia? Will the price of gas continue to skyrocket? How will company bottom lines respond to a loss […]
As the Russian invasion of Ukraine unfolded this week, the markets took a nosedive, with oil prices surging on fears of supply constraints. Bitcoin prices also reacted negatively. Many wonder why events halfway around the world have on stock prices or even Bitcoin prices, but the reality is the U.S. markets are intertwined with the […]
The latest inflation numbers are out, and they are worse than expected. After record-setting increases in November and December, annual inflation hit 7.5% in January, higher than anticipated and highest since 1982. While the markets tumble on inflation fears and now fears of a Russian invasion of Ukraine, not all investors are nervous. There’s a […]
Housing prices are sky high, and the housing shortage and unprecedented demand are the major culprits. According to an article on usatoday.com, there are roughly 140 million homes in the United States, but that falls far short of demand, according to a recent report by Realtor.com. There’s such an imbalance in the supply of homes and the […]
Have you arrived at your desired destination, or are you at least close enough to see the finish line? If not, what has kept you off the path of where you truly want to be? Like many Americans, do the following concerns weigh on your mind? You’re still grinding away at your job, tired of […]
Everyone is acquainted with public investments and now, more investors than ever have access and are trading stocks like never before thanks to trillions in stimulus money and free trading platform Robinhood. Trading stocks on apps like Robinhood is literally child’s play where anyone 18 years or older with a bank account can start trading in […]
Herd behavior has its benefits. Back in our hunter-gatherer days, moving in herds and working as a group provided protection, comfort and improved the likelihood of hunting success. “Herding” also promoted the sharing of ideas, knowledge, and resources. Members of the herd with knowledge of prime hunting locations combined with other members skilled at weapon-making […]
In his book, The Psychology of Money, author Morgan Housel dives into the psychology of our money and investing choices and establishes what separates the rich from everyone else. Housel dives into how our past experiences can inhibit our financial goals and how having goals and incorporating simple concepts like compound interest can help us succeed […]
