Trading options is more popular now than ever. Recent findings show that the entire derivatives market is over four quadrillion dollars. New investors that start trading options can quickly find themselves in a world of hurt. If you don’t know what you’re doing, you can lose a lot of money very quickly. The good news …
After a year of turmoil and chaos, Thanksgiving is right on our doorstep. Many people are unemployed and many more are struggling to make rent every month. Lockdowns are happening again, and small businesses are taking the brunt of it. The economy has a long way to go before it completely recovers. But don’t tell …
The stock market recently has been riding on hopes. In 2019, it was hopes of a trade deal. In July, hopes of a second stimulus. Hopes of a vaccine are driving the market in November. Generally, this is a good aspect of the stock market. After all, you buy a stock for its future returns. …
There’s a hypothesis in investing called the Greater Fool Theory. According to this theory, it is possible to make money on an investment as long as there is someone willing to pay more than you (i.e. the greater fool). It doesn’t matter if the investment is overvalued or not. As long as there is a …
Every TikTok financial guru and #MoneyTwitter account will give you the same advice. Max out your 401k contributions, skip the Starbucks in the morning, do 100 pushups when you wake up, and pay off your debt to reach financial independence. This may work for some people, but it’s far from gospel. Here’s an interesting fact: …
Saving money is extremely important, but what do you do after that? Due to inflation and low interest rates, money in your bank account actually loses value over time. In order to increase the value of your money over time, it needs to be invested. There are many strategies out there, but the most popular …
The stock market is a mysterious entity. To some, it may seem like a casino. Others see it as an ATM. With the rise of Robinhood, more and more individual investors have been pouring money into the stock market. I’m sure you’ve seen your friend or neighbor talk about their portfolio gains, and I have …
We’re in the midst of troubling times in the United States. Social and economic issues are battering our minds like waves in a storm. And the worst is yet to come. Employment numbers continue to improve, but we haven’t even seen the full economic effects. As stock market volatility ticks up and benefits start to …
Robinhood has taken the world by storm. Millions of people are flocking towards this brokerage app, and it has firmly established itself as the go-to platform for many millennials and ‘zoomers’ alike. While everyone’s rushing to put their money into Robinhood, has anyone stopped to think about the company itself. How reliable and trustworthy is …
Due to their capability for large losses, stock options have earned themselves a bad reputation. Over the years, they have become the boogieman of investing due to this perceived risk. It’s true, you may experience very large losses in options… if you misuse them. I follow a strategy where it is impossible (yes, impossible) to …