adminWhat Is the Best Way to Invest $100K in Cash?
Here is a problem that most people would be happy to have: You find an extra $100,000 in discretionary cash on hand, and you’re not sure what to do with it. The operative word here is discretionary. We’re assuming that your $100,000 of extra cash really is extra and that you do not have any outstanding debt, especially high-interest credit card debt. If you have outstanding…
8 Common Investing Mistakes to Avoid
Investing is by no means always easy and profits are never guaranteed. There are countless books on investing and everyone has different tips and tricks that work for them. Even professional investors aren't always right even after years of practice. Additionally, every investor is different, with different investment goals, risk tolerances, and knowledge. However, there are some common mistakes that all investors should avoid, which we…
The latest inflation report keeps the Fed on track for a quarter-point rate cut. Wall Street isn’t satisfied.
A fresh reading on consumer prices is likely to keep the Federal Reserve on track to cut interest rates next Wednesday by a quarter percentage point, disappointing some on Wall Street hoping for a half percentage point cut. The Consumer Price Index on a core basis, excluding volatile food and energy prices — a measure the Fed prefers to zero in on — increased 3.2% in…
CPI: Car prices down again in August, with used vehicles down over 20% from recent highs
Car prices kept sliding in August — among the most of any major category in the Consumer Price Index (CPI) over the last year — as vehicle prices move toward pre-pandemic levels. Used car prices fell 1.0% over the prior month in August and 10.4% from the prior year, data from the BLS revealed on Wednesday. New car prices were unchanged in July, but down 1.2%…
Economic Indicators You Should Know for Investment
Economic indicators are some of the most valuable tools investors can place in their arsenals. Consistent in their release, wide in their scope and range, metrics such as the Consumer Price Index (CPI) and written reports like the Beige Book are free for all investors to inspect and analyze. Policymakers, most notably those at the Federal Reserve, use indicators to determine not only where the economy is going, but how fast…
A Beginners’ Guide to Managing Your Money
The internet has changed the way we live our lives. Not long ago purchasing stock was not as easy as it is now. The order went through a complex network of brokers and specialists before the execution was completed. In 1983, that all changed with a dentist in Michigan who made the first online stock transaction using a system developed by what is now E*TRADE Financial.…
Passive Income Expert: Here’s How I Make $27,000 Every Week
Oleg Elkov / Getty Images/iStockphoto The term “passive income” has become a buzzword in recent years, one that essentially refers to the money you make on the side without having to do a lot of continuous work. Earning passive income doesn't need to be difficult. You can start this week. 1. Investing In Stocks and Shares According to Abdaal, “investing in stocks is the easiest way…
TSX futures rise, Fed Chair Powell’s speech anticipated
(Reuters) – Futures linked to Canada's main stock index rose on Friday as crude and metal prices gained, while investors awaited U.S. Federal Reserve Chair Jerome Powell's address later in the day. September futures on the S&P/TSX index were up 0.6% at 6:26 a.m. ET (10:26 GMT). The energy sector is expected to be in focus as oil prices edged higher, though poised to register a…
10 Timeless Rules for Investors
Bob Farrell spent decades as the head of research at Merrill Lynch, establishing himself as one of the leading market analysts on Wall Street. His insights on technical analysis and general market tendencies were canonized as “10 Market Rules to Remember” and have been distributed widely ever since. Here, we review these timeless axioms and how they can help you achieve better returns. Key Takeaways Investors should…
The Top 5 Ways to Hedge Against Inflation
Inflation is defined by the rate at which the value of a currency is falling and, consequently, the general level of prices for goods and services is rising. Inflation is a natural occurrence in an economy, but inflation hedging can be used to offset the anticipated drop in a currency’s price, thus protecting the decreased purchasing power. Inflation hedging can also help protect the value of…
