Lower Interest Rates Are Coming: Here's How Some Investors Stay Prepared
As Fed rate cuts loom, Money Digest's Richard Sachek, a FINRA-licensed professional, explains how investors can position themselves for the inevitable.
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Don't Let The 'September Effect' Fool You Into A Bad Investment Move
Based on nearly 100 years of market data, many believe in the "September Effect." However, many experts will advise you not to let the past impact the present.
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Historically, How Does The Market Perform In September?
When it comes to equities, September isn't historically a month investors look forward to, especially when compared to months like November and December.
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Why You Should Be Worried About The Uptick In Startup Shutdowns
Much like corporate earnings, the success of startups can provide insight into the economy overall. Plus, when they shut down, there are ripple effects.
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How Does A Backdoor Roth IRA Work?
A backdoor Roth IRA is a strategy that allows high-income earners to open a future Roth, despite income limits. It makes use of the rules of a traditional IRA.
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How The VIX Provides Insight Into The Market's Direction
The VIX, or CBOE Volatility Index, was created in 1993. A metric for market volatility, the index bases its volatility expectations on S&P 500 index options.
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What Is Wall Street's 'Fear Gauge' And Why Is It Spiking?
Wall Street's "fear gauge" refers to the VIX index, or the CBOE Volatility Index. On August 5, the VIX index soared by as much as 42 points. Here's why.
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Here's How Much Airbnb Hosts Really Make, Per Study
At last count, there were ~2.2 million Airbnb hosts in the U.S. Note that how much Airbnb hosts make varies by location; in some cases, it's by over 40%.
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Why You Should Be Paying Attention To Corporate Earnings (Even If You Don't Care)
Beyond revealing whether or not a company was recently profitable, you can also use corporate earnings as a trend indicator. Here's how.
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Who Actually Benefits The Most Financially During A Recession?
While you can guess that the wealthiest of consumers can benefit from a recession, there are two other groups that can also come out of a recession better off.
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How To Survive A Recession (And Prosper When It's Over)
While a recession brings economic hardship, there are ways to weather one as an investor, as well as set yourself up for the eventual rebound to follow.
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Why It's Important To Keep Calm When The Markets Are Crashing
When markets fall, one mistake investors make is they panic. Experts, however, would advise you to keep calm, and maybe even do the opposite of selling.
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Telltale Signs A Romance Scammer Is Making A Move On Your Money
Per the FTC, consumers reported 64,003 romance scams in 2023. And out of all imposter scams, romance scams bilk victims out of the most money on average.
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How Much Cash Should You Leave In Your Investment Portfolio?
In a portfolio, you'll want a mix of asset classes, including cash (equivalents). As for how much cash, that'll depend on factors like age and risk tolerance.
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Sports Gambling ETFs That Are Worth A Look
As sports betting in America continues to grow, investors may be looking for a way to be part of this growth. One option is to buy into a sports gambling ETF.
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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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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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