The worst stock market forecast of all time is finally coming true, and for all of its pitfalls, the advice behind the terrible prognostication remains among the best ever given. That strange dichotomy is coming to a head now because the Dow Jones Industrial Average is on the verge of breaking 36,000, and most observers …
The big financial headline this week is the unveiling of the first-ever bitcoin-linked exchange-traded fund, which made its debut on Tuesday. The ProShares Bitcoin Strategy ETF (ticker: BITO) is a possible game-changer and can be looked at in many ways, but it’s not the bitcoin fund investors have been waiting and hoping for. Plenty of …
Americans have a complicated relationship with money, much of it stemming from what we learned (or didn’t) as children. In most households, money is a subject every bit as taboo as sex, which is why more than half of Americans reported in a recent study that either no one taught them about money …
We’ve all had that friend who volunteers to help with a chore or a task and whose “help” only makes the situation worse. It’s the buddy who says he’ll help you move, but whose back problem mostly limits him to complaining. By the time you figure out the cost of accepting his help, it’s too …
I recently bumped into my friend Mike, a pilot and former lacrosse teammate who I hadn’t seen in years. After catching up about family and friends, he reminded me that our last conversation had included him asking about where to invest, to which I asked him “What is your greatest financial fear?” I had explained …
Linda and her husband Stan heard me as a guest on a podcast recently. They are retirees, living near Daytona Beach, Fla., unsure of “just what course to take with our monies.” Linda thought I sounded like “just what we are hoping to find, someone who speaks our language, who is honest, who can help …
More than half of Americans report that either no one taught them about money or that they learned how to handle finances on their own. Combine that lack of formal training with a desire to improve personal money management and you create as much potential for trouble as for profit. It’s hard to know who …
Welcome back to the intersection of fear and greed, the place that investors go to at times when stock markets are acting frothy and volatile and/or flirting with new highs. With both of those conditions currently in play, it’s the place where a lot of investors now find themselves. The question is whether they have …
The stock market has more than doubled since pandemic lows in March of 2020. It appears to have learned how to deal with coronavirus better than people have, shaking off every bit of bad news to stay positive and keep rolling despite real concerns. Even as hospitalizations and deaths related to Covid-19 have been climbing …
Two recent surveys highlight problems that American consumers and investors are having now, not with the market but with their own behavior. Finding the real lessons in each of these studies involves looking past the headlines and digging deeper, so let’s pick up the shovel and search for the hidden gems that people should really …
