Who does higher interest rates hurt the most? The obvious answer is people who have variable rate mortgages. But there’s a group of people that are even more at risk, and are hurting more from the impact of higher interest rates. They are renters. Why renters? Because as the cost to borrow becomes more expensive, would-be buyers who… Read More »
John C. “Jack” Bogle was an investor and philanthropist who founded the Vanguard Group and pioneered index investing. Vanguard has become one of the largest investment management companies in the world with about $7 trillion of assets under management. Bogle built Vanguard as essentially a non-profit organization because it is owned by the investors in its funds. Credited… Read More »
Are you a trader or an investor? Trading implies buying and selling regularly. While investing usually means buying and holding. But what if you plan to buy low and sell high quickly, but your trade only heads lower? At this point if you decide to hold on and maybe even buy more to lower your average cost does… Read More »
More investors are dipping their toes into the options market. Last Friday over $2 TRILLION of option contracts expired, an incredible volume. Personally I wanted to challenge myself in August and see if I could make $10K in net premiums. It turned out to be a lot of fun! And more importantly, I learned how to make better… Read More »
The “source” in resourcefulness Tony Robbins said you never really lack resources. And the real problem is a lack of resourcefulness. Whenever you feel poor, kindly remind yourself that you don’t need money. You need resourcefulness. Most millionaires today didn’t have resources at first. But they had resourcefulness and they used it to ultimately gain resources over time.… Read More »
My stocks tier list As many of you know, I deposited $100,000 into my margin account recently and I’m looking for new stocks to buy. 😀 A few weeks ago I asked on my YouTube channel for stock ideas that I could make a tier list for. Many people gave suggestions. There were 22 stocks and 1 ETF… Read More »