I wasn’t old enough to be interested in the stock market during the late ’90s and early 2000s. So to me, the dot-com bubble, and its crash, is not something I have lessons from. But I’ve experienced enough in my investing life already that I’ve learned everything is a teachable moment.
Whether good or bad, every experience teaches you something to make you better. As a recent example, in the past year, I bought Intel Corporation (INTC) and SAP both the day after their stock was down big from negative news.
There seems to be no agreement on how much the stock market returns on average each year. Some say 8%, I’ve seen others say 7%. There are conservative numbers like 6% or high expectations such as 10%. I personally would use 8% as the number I expect the market to return each year. But not anymore.
Over the last ten years, the S&P 500 has provided an annual return of 11.56%. There is reason to believe this annual 11.56% average can continue for the foreseeable future.
I went through Yahoo Finance and found the closing price of the S&P 500…
In 2016–2017 it was pot stocks. In 2020–2021 it’s EV stocks. And in a few years, it will be quantum computing stocks.
As is often the case, there are industries that offer innovation and potential returns years before profits are made. A few years ago marijuana companies saw their share prices skyrocket as legalization crept across states. Recreational marijuana is still not legalized on the federal level. These companies have seen their share prices fall as they haven’t been able to produce revenue and profit numbers that meet analysts’ expectations.
Tesla has been on a remarkable ride the last few…
Understanding inflation is crucial to bettering your finances. It impacts your earnings, spending, and investment returns, which all result in a change to your purchasing power.
It’s worth looking into true inflation and its impact, and not just the CPI number. Investigating the effects of true inflation can change the way you think about money.
CPI stands for Consumer Price Index. CPI is often used interchangeably with inflation because CPI measures the change in prices over time that consumers pay for goods and services.
The bureau of labor statistics defines CPI as,
The Consumer Price Index (CPI) is a measure…
A few months ago, News Break changed the way they pay their writers.
Previously, News Break would give content creators $1,000 just for joining. They no longer offer that, which is why many people lost interest in joining. But they still have a very good offer for people who want to put in minimal work and get paid.
Below, I will go over their pay structure as well as my brief experience with the company. News Break is a good way to supplement your earnings from Medium.
News Break is an online platform providing its user local & breaking news…
No, I haven't written about 82 previous reasons why stocks will offer solid returns for the foreseeable future. But I have written about enough reasons to lose count.
When I wrote “Why You Should Expect More Than 8% a Year From Stocks” I showed how the S&P 500 returned 11.56% the previous decade. And why this trend can continue. There were a variety of reasons then that are still relevant and new reasons have developed to propel the market to above-average returns in coming years.
Some of these reasons include low interest rates, lack of high yielding alternative investments, and…
As fellow writer Isaiah McCall put it a few months back “This is End Game Now.” He was referring to the growth and acceptance of Bitcoin after Tesla had bought $1.5 billion in Bitcoin. If that was End Game, I can’t even imagine what phase we are in now.
Cryptocurrency has been in the news with several companies this past week. Crypto, and bitcoin, are becoming so mainstream you can’t go a few days without hearing them in the news. This is a far cry from a few years ago when almost everyone dismissed it.
Chipotle is giving out bitcoin…
I’m a sucker for psychology; it’s one of my “stretch interests” that I wish I knew more about. While I never got the chance to take a course in undergrad on the subject, I have something even better — books written by psychologists. I can learn on my own time and it's way cheaper.
I’m currently reading The Paradox of Choice by Barry Schwartz. One section in particular stood out to me and as soon as I read it, I related it to my own experiences with trading / short-term investing. …
Jerome Powell has been busy this week. The chair of the Federal Reserve has had several speeches and testimonies.
On Tuesday, Powell and Treasury Secretary Janet Yellen testified at the House Financial Services Committee. Yesterday, the two got together again to testify at the Senate Banking Committee. Powell addressed a variety of topics at both meetings.
But his first speech of the week was the one most impactful for the cryptocurrency market. On Monday, Powell spoke at the Bank for International Settlement summit.
Powell’s comments came at a virtual panel discussion on digital banking, yet he wasn’t too enthused about…
The pandemic has changed almost all aspects of life. One thing that’s changed drastically is how we work. Those who worked from home full time jumped from 20% before the pandemic to 71% during.
Some people love it, some detest it.
Regardless of how you feel about it, working from home is a different environment than the office most of us are accustomed to. The work-life balance has changed into the work-life flow as there is no longer a divide between the office and home.
With different settings come different ways to be productive, benefitting your company but more importantly…