It is natural to draw a connection between the administration in power and the influence they may have on markets. But predicting election results as a way to alter one’s portfolio is unlikely to result in reliable excess returns for investors.
As information consumers, we’re inherently susceptible to falling for fake news (especially when we’re tired, by the way). These strategies will help you improve your financial literacy and decipher the truth in investing.
In the financial jungle, it’s essential to look before you leap at emotion-triggering misinformation. Here are five “do’s” and “don’ts” for doing your best fact-finding due diligence.
Whether you’re considering an investment opportunity or simply browsing various media for insights and entertainment, it has become increasingly obvious: You cannot believe everything you see, hear, or read. Much of it is “overdramatic.” Too much of the rest is just plain wrong.
With all the market volatility and chaos around the Covid 19 outbreak, people are wondering how this volatility is going to affect them. This volatility brings with it a ton of emotion, but making emotional decisions with your future can have devastating effects.
Understanding how income and wealth impact happiness plays an important role in retirement planning. It helps determine both your need to save and how much risk you need to take (how much you need to allocate to risky assets).