After a long stretch of calm and a relentless rally, the stock market appears to be taking a breather. No one should be surprised — unless youre surprised it took so long for this bull market to take some downtime. Stock market corrections, typically defined as a loss between 10% and 20% from the peak, occur about every two years, on average. The last one began in May 2015, so were due, especially....More>>>
With Social Security funding issues around the corner, uncertain market conditions, long-term low interest rates and skyrocketing medical costs, American retirees are facing a laundry list of retirement challenges. The only certainty is that retirement is going to be dramatically different than the retirement previous generations encountered. In order to retire with financial security and dignity,....More>>>
Bitcoin prices are the worst nightmare for blockchain critics. After breaking the previously unimaginable $10,000 level, bitcoin plummeted from profit-taking. But soon after, trading normalized, sending bitcoin well above $11,000. However, this robust success represents a quandary: interest for lower-priced “penny cryptocurrencies” has never been higher, yet relatively few know where....More>>>
Every wealth builder should know one thing… When the outcome of an investment depends heavily on some expected future event, it is inherently risky. When that anticipated event comes with a time frame, the risk is exponentially greater. The good news: You can shorten those odds by being rational. The bad news: Your brain is wired to respond to investment opportunities....More>>>
It is the golden rule of mutual fund picking: If youre a do-it-yourself investor, avoid load funds, which charge commissions of up to 5.75% every time you buy shares. But were going to break that rule, sort of. Thats because many discount brokers, such as Fidelity and Charles Schwab, let you buy load funds without paying a sales charge.
See Also: 16 Smart Picks for Income Investors
These five stocks had the most social chatter and the lowest investor confidence this week, according to Stockal. Stockal tracks analyst ratings, news, and social sentiment to paint a picture a stock's overall sentiment.
1. GoPro Inc (NASDAQ: GPRO)
Stockal's confidence meter, which measures the Street's near-term confidence in the stock, stands at 56% for GoPro.....More>>>
On June 21, 2017, an Ethereum “flash crash” sent cryptocurrency owners into a full-fledged panic. The Ethereum price crashed to a low of $0.10 from $319 on the GDAX cryptocurrency exchange. Shortly after the event, GDAX Vice President Adam White wrote in a June 21 blog post that there were no indications of wrongdoing.
The temporary crash, which reportedly took place in a....More>>>
Fed rate hikes have generally been good for banks–but not today’s quarter point rise. What’s different?
The market clearly likes the rate hike today. The S&P 500 has gained 1% to2,388.03 at 3:01 p.m. today. The Financial Select Sector SPDR ETF (XLF) has is little changed at $24.78, while the SPDR S&P Bank ETF (KBE) has dropped 0.7% to $44.59.
European stocks logged modest gains Wednesday, helped by advances for energy shares as oil prices were in recovery mode, while the results of the Dutch election and the Federal Reserves policy meeting were on deck.
The Stoxx Europe 600 index ....More>>>
In the world of investing, many ideas are so widely accepted that they go unquestioned. But conventional thinking is often wrong. Here's one piece of conventional investing wisdom we often hear: In times of panic, gold is a safe haven. Gold in your portfolio can help insure against losses when the stock market falls. As it turns out, this piece of conventional wisdom is correct.....More>>>