The price of Bitcoin swelled to $20,654 early on Monday, dropping below $18K on Saturday, losing nearly 60% of its value this year, and is creating a ripple meltdown in the cryptocurrency sector. How interest rates play a role. Bitcoin makes slight rise after noteworthy drop in value The story …
Read MoreThe stock market has just entered a ‘bear market,’ presenting an opportunity for new investors to purchase stocks at a discount, and making the right buys can pay off over the long term. Here’s why… Stock enters bear market, how new investors can benefit When the stock market takes a …
Read MoreAs inflation skyrockets the cost of everything, you probably don’t have to add that extra bump in tips you did amid the pandemic, but certain services still should be tipped. Here are some simple guidelines to follow. Tipping amid inflation First of all, you don’t have to tip everyone. That …
Read MoreThe 10-year yield on bonds has jumped to 2.9%, and as stocks tumble amid inflation woes, many individual investors are taking advantage of the higher interest payments offered by Treasury Securities. Inflation sends stocks tumbling and investors looking elsewhere This year to date, the S&P 500 has dropped 14 percent, …
Read MoreThe “Rule of 72” is a gauge investors use to determine how quickly their money will double in value and, applied in reverse, this method can show you the length of time your money will lose half its value. Applying the rule of 72 to gains and losses Admittedly, it …
Read MoreThe biggest mistake that most people make with their money is not thinking critically about it. Your money isn’t something to casually think about, spending it on whatever and only worrying when it gets low. Thinking about your finances critically can help you save some serious money. What do we …
Read MoreIf you go to get a loan, whether it’s for a car, a house, or just for personal use, you need good credit. Credit is a quick indicator of your financial trustworthiness. Pretty much every aspect of your financial life gets easier when you’ve got good credit. But if you …
Read MoreOne of the easiest ways to fail to save money like you should is to frame saving in the wrong way. Are you saving for the future in a formless way? Do you know what your saving is moving towards? If you’re just saving for the sake of saving, you …
Read MoreWhen it comes to finding entertainment, it’s tempting to spend a ton of money. After all, new video games are quite expensive, board games cost a ton of money, and there are always new movies coming out you want to keep up with. However, one of the quickest ways to …
Read MoreMillennials, in general, are distrustful of saving money the old-fashioned way. Institutions like Social Security, the stock market, and even some types of savings accounts are generally not Millennial favorites. Why is this? Some have suggested that Millennials’ relative wealth inequality, when compared to their parents, is part of this. …
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