The stock market throws a lot of numbers at investors all day, every day. People can watch various indexes lose or gain points throughout a single afternoon. News headlines may print that the stock market is plummeting one day, then surging the next day. When investors check their 401(k) or IRA, they may see they’ve …
Since the economic impact of the pandemic has hit with massive unemployment and businesses closing, I’ve been asked several times how can things be that bad when the stock market is doing so well. I thought this video did a really good job of explaining why the stock market is not an indicator of how …
Chances are you’ve fallen for at least one of them. We’re talking about money myths — those erroneous financial proclamations that get passed down from generation to generation as fact. You know, things like “buying in bulk is always better” and “buy low and sell high” when investing. But there’s a set of money misconceptions …
A recent article in the online version of the Wall Street Journal caught my attention. It was called “Clients From Venus.” Source It began by pointing out that women are becoming increasingly involved in personal finance. “Women control $8 trillion in assets in the U.S., and by 2020 are expected to control $22 trillion, according …
Maria “Dear Steve, This is not a debt question – it’s about staying in the stock market with all the current turmoil? Will you still answer it? Maria” Maria, So much of what happens in the stock market is not based on logic or research, but innuendo, gossip and emotion. Just because the stock market …
“Dear Steve, My husband has been self employed for 15 years as a builder and other among other things. For the past year he has just been an investor in the stock market. Building has not been a good trade for a while. We have taken a large loss and have high debt the debt …