GameStop, Short Squeezes and Fad Stocks
What a wild week on Wall Street. And it was driven by Main Street. We’ve gotten used to the rise of the “fad stocks” that move higher because of their Internet fame (hello, Tesla). But this week, the internet latched onto down-and-out stocks in hopes of teaching short sellers — Wall Street’s most vocal investors […]
Inflation vs. Your Portfolio
Inflation. It’s the latest worry for Wall Street. Investors are becoming overwhelmingly convinced a pop in prices is coming, a situation that could derail markets. The reason: The U.S. government is eyeing a whopping $1.9 trillion stimulus package (or “stimmy,” as the kids call it). It’s another round of historic help, which has amounted to […]
How I'm Setting Myself up for Financial Success This Year
I, like many people, had high hopes for 2020. And we all know how THAT turned out. ☺️ Last year was a difficult year for a lot of folks, but the one thing we’ve all come to recognize is that we are far stronger than we realize. I want to share a few things I’m […]
Are Stocks in a Bubble?
Everybody’s getting excited about stocks these days. Maybe a little too excited? The S&P 500 is near all-time highs. Speculation is heating up. Elon Musk is now richer than Jeff Bezos. Carole Baskin (of “Tiger King” fame) is peddling penny stocks. We’re glad markets are doing well, but this environment feels a little uneasy. There’s […]
How Much Does It Cost to Raise a Child?
It’s hard to quantify the cost to raise a child, but several researchers have done just that. According to the USDA’s 2015 findings, the cost to raise a child from birth through high school graduation is, on average, $233,610 in the United States. This number does not include college. If you plan on paying for […]
Sports Stocks: Rebound or Red Card?
Who doesn’t miss the sound of a packed stadium, the smell of peanuts and popcorn, and the camaraderie of cheering on your favorite sports teams with thousands of others? With the recent announcement of a publicly available COVID-19 vaccine on the horizon, the possibility of watching sporting events in arenas instead of from our couches […]
To the New Year's Eve Babies of 2020
To the New Year’s Eve babies of 2020, You’re almost here, and we can’t wait to meet you. You should know that a lot will be said about your birth year, and much of it will be pretty tough to hear. There have been extraordinary challenges, tragedies and troubling events — that is true. But […]
The Truth About How Long Your Retirement Savings Will Last
When you retire is one of the most significant decisions of your life. It’s also one of the toughest ones to make. Your savings’ lifespan will depend on multiple factors, including the economy, inflation, and many others, which aren’t under your control. As we go through this article, we’ll discuss estimates, overall trends, and good-faith […]
Make the Most of Your Stimulus Check: An Interview With Ally Executive Anand Talwar
Back in March, Congress passed the CARES Act, and a number of people received a stimulus check in the mail. If you were one of those people, you might have put that money toward an immediate need, like a mortgage or rent payment. Now that there’s a second stimulus package, you might be thinking: How […]
Tesla’s New Street Cred: The S&P 500
The day has finally come. On Monday, Tesla will officially join the S&P 500 in a historic milestone for both parties. With this move, the S&P 500 is extending its biggest invite ever and Tesla is punching its ticket to one of the most exclusive indexes in the stock market. Here’s what you need to […]
