Covid. The Election transition. Christmas. The market sure hates uncertainty, and the virus is getting worse. It will probably continue until we have a good vaccine in enough volume. The election transition looks like it’ll play out until January 20. Hopefully not. With the downturn this year, Christmas shopping season is less than certain. And… Read More »
Anybody can invest in the stock market, yes. But should any given person? There are traps to watch out for. If you are in it to get rich quick, you will likely lose. Why? Because you probably won’t build up an emergency fund first. You’ll put a chunk of money in your brokerage account. Invest… Read More »
There are times when you have money and times when you don’t. Sometimes you have actual cash, perhaps in the bank, but shouldn’t spend it. Sometimes you have excess cash that you should do something with. In this article I am going to discuss cash management issues that could pop up that you may want… Read More »
Have you ever heard the saying “A penny saved is a penny earned” (Cambridge Dictionary)? If you put money into a tax-free investment that made 22.99% and was risk free, it is the same as taking that money and paying extra to your credit card that charges 22.99% APY. Check this out: 22.99% is the… Read More »
I want to seriously warn you that you should have an emergency fund. The last thing you want to have to do is raid your stock portfolio because you lost your job or need an expensive repair. Note though that so many things could be defined as an emergency. So maybe we should define what… Read More »