I had conversations with two investors recently that were very telling. The first conversation was with a guy in his 40s who invests his own money—for a living. That’s what he does. It’s how he provides for his family. It’s very unusual, and probably conjures up images of a day-trader, someone trying to sell positions […]
Tag Archives | Bear market
Profitable Ideas: Avoiding a Common Check Scam, Bear Market Opportunities, and More
Weekly roundup of recommended personal finance articles from around the web. How to spot, avoid, and report fake check scams (FTC). These scams have become all too common, and costly. The skills you should know before moving out on your own (Vox). Good tips for young adults—and some good reminders for parents about practical lessons […]
Profitable Ideas: The Bible on FIRE, Spending in the Time of Covid, and More
Weekly roundup of recommended personal finance articles from around the web. Is financial independence biblical? (ArtRainer.com). The FIRE movement is growing in popularity, but has anyone stopped to consider it from a biblical perspective? Let adult children fend for themselves? That’s outdated in today’s economy. (Washington Post). I can’t say that I agree with this […]
Profitable Ideas: Your First Bear Market Rodeo is the Hardest, Everything Compounds, and More
Weekly roundup of recommended personal finance articles from around the web. Navigating the pain of your first bear market (A Wealth of Common Sense). Words of wisdom for all investors, but especially new investors. Everything compounds (Humble Dollar). One of the most important concepts in money management, and in life. Scams are showing up at […]
Profitable Ideas: The First Bear Market is the Toughest, The Gift of Mac & Cheese, and More
Weekly roundup of recommended personal finance articles from around the web. If this is your first bear market, there’s no need to panic (Bloomberg). For newer investors, this year’s market performance may be a bit jarring. Here’s some helpful perspective. The gift of mac & cheese (Compass). I love this story. I think you will, […]
Profitable Ideas: Tough Lessons for Newer Investors, It Pays to Drive Safely, and More
Weekly roundup of recommended personal finance articles from around the web. Amateur investors rode the bull up. Now the bear looms (NY Times). After a long-running bull market that left many investors feeling like they could do no wrong, some are facing their first real test. See also, Maintaining perspective (SMI). Why everyone’s bearish (The […]
Three Ways to Deal With a Volatile Stock Market
If you have money in the stock market, you’ve probably noticed things have gotten a little bumpy. Here are some suggestions for handling the rough ride. 1. Take a deep breath When it comes to money — and plenty of other things — the emotional extremes of fear and greed can get the best of […]
Profitable Ideas: Making Your Money Back, Why We Won’t Talk About Money, and More
Weekly roundup of some of the best personal finance articles from around the web. How long does it take to make your money back after a bear market? (A Wealth of Common Sense). Learning what we can from past downturns. Seven ways to manage your anxiety during a market crash (A Teachable Moment). There’s still […]
Profitable Ideas: The Next Bear is Bound to Hurt More, Investing is the Best Foreign Language, and more.
A weekly roundup of some of the best personal finance articles from around the web. Why the next bear market may feel more painful (A Wealth of Common Sense). With more money in your portfolio, thanks to a nine-year bull market, the next downturn may be tougher to take. The wisdom of frugality: What is simplicity? (The […]
Profitable Ideas: Why You Should File Your Taxes Early, Preparing for a Crash, and More
A weekly roundup of helpful personal finance articles. Why it’s more important than ever to file your taxes early this year (Magnify Money). It can help protect you from tax ID theft. With a tax deduction gone, is home equity a smart way to pay for college? (NY Times). A common source of college funding is now […]