New CFPB Rule Creates Registry To Track Nonbank Bad Actors
The new rule establishes a registry that will facilitate the CFPB's supervision of certain nonbanks. Its effective date is September 16, 2024.
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The One Financial 'Celebrity' Real Experts Actually Respect
Separating the financial professional from the celebrity is key to getting trusted advice today. Though mega-famous, this person falls in the former category.
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Will FTX Investors Get Their Money Back?
FTX filed for bankruptcy on November 11, 2022. Since, investors continue to wait to see when their lost money will be returned. Here's where things stand today.
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Red Flags Of Recession: Could The US Be Heading Toward One?
As the Fed aims to steer the economy toward a soft landing, the recession watch continues as well. U.S. economic growth slowed to 1.4% to start 2024.
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Avoid This Terrible Retirement Advice Making The Rounds On Social Media
CFP Lawrence Sprung tells us he's worried people who follow influencer financial advice might be getting the wrong idea about how to best save for retirement.
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Read This Before You Consider Any Automated Investment Platform
Robo-advisers offer you a way to start investing, even without much knowledge. For a more personalized strategy, though, you may want to think twice.
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AI's Impact On The Financial Advisory Industry
Speaking to us about AI's impact on his industry, CFP Lawrence Sprung explained how the technology allows professionals like him to help clients even more.
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What To Look For In AI Trading-Bot Scams
While AI is definitely changing the way traders trade and investors manage their portfolios, the technology has also opened the door for new financial scams.
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The 3 Worst Personal Finance Mistakes Experts Warn You're Probably Making
CFP Lawrence Sprung shares with us three of the most common mistakes he sees people making when it comes to their finances and retirement planning.
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You've Been Warned: Life Insurance Is (Usually) A Bad Way To Save For Retirement
When it comes to life insurance and retirement planning, Lawrence Sprung explains why, for the majority of the investing public, these policies aren't ideal.
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The Most Successful Stock Of All Time
Given the companies that comprise the so-called Magnificent Seven, you might think the most successful stock of all time is from the tech sector. It's not.
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You May Already Own Nvidia Stock And Not Even Know It
If you feel like you're on the outside looking in when it comes to Nvidia's stock, check your portfolio first. It's possible you might be in on it after all.
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The Worst Financial Mistake People In Their 50s Tend To Make
According to MassMutual, the ideal retirement age is 63, which means that if you've just turned 50 or you're in your 50s, there's still time to plan and save.
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5 Of The Biggest Sports Betting Long Shots Of All Time
An underdog's upset victory means big winnings for the bettors who believed in them. And in the case of these long shots, those wins are still hard to believe.
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What Are Meme Stocks, And How Long Do They Last?
Meme stocks date back to only 2020, but investors can learn a lot from that short history. To start, keep in mind how meme stocks rise in the first place.
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Small Bets That Paid Off Big Time
While some all-time betting wins involved putting millions on the line, these five wins resulted from comparatively minuscule bets. The biggest wager? $13.49.
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Does Investing Work The Same In China?
Compared to the U.S., which has been trading stocks since 1792, China's stock market is relatively young, only opening up again in mainland China in the 1990s.
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How Fast Can I Withdraw From My Brokerage After Selling A Stock?
Once you sell your stock, is there a waiting period before you can access your new funds? There is; however, the wait time was recently cut in half.
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The Risk That Comes With Stock Lending
In the U.S., the emergence of securities lending dates back to the 1970s. While the practice can be lucrative for retail investors, there's also risk involved.
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Bitcoin Halving: What It Is And How It Works
With stock splits in the news, you might think you know all about bitcoin halving. But it's not about investor value, but rather, the value for bitcoin miners.
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Investing Tips From Cathie Wood We Should Be Paying Closer Attention To
Cathie Wood founded ARK Invest in 2014 and today is said to own at least 50% of the company, while her net worth is estimated to be at least $250 million.
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Bill Gates' Worst Tech Predictions
Innovation relies on thinking big. In Bill Gates' case, he's been right about a good many tech ideas, but he's also gotten a few wrong -- at least at first.
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What Is Stock Lending And Is It A Good Option?
The key benefit of stock lending is the ability to earn a passive income from your investment. This said, there are some caveats you should be aware of.
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Which States Allow Sports Betting?
Thirty-eight states and the District of Columbia have legalized sports betting. We take a look at the holdouts and which states are soon likely to join the 38.
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What Actually Controls The Price Of Stocks?
As more Americans participate in the stock market, you may wonder what actually controls prices. Beyond supply and demand, we discuss a few other factors.
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Where Do Analysts Forecast Nvidia Stock Will Be A Year From Now?
As Nvidia readies for its stock split on June 7, 2024, its price continues to climb. Nvidia is now the second-most valuable public company, surpassing Apple.
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You've Been Warned: Don't Make These Critical Mistakes With The Stock Market At All-Time Highs
With the stock market trading at all-time highs, investors may actually feel more uncertain, afraid of making a mistake that will lead to long-term regret.
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