Investing 101

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Time isn’t money, money is time #moneytalks #investing #investmentadvice

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When it comes to information... #investmentadvice #personalfinance #personalfinancetips

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Looking Rich, Being Rich #personalfinance #personalfinancetips

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Take Some Risks #personalfinance #personalfinancetips

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Don't Give Someone Else Total Control! #personalfinance #personalfinancetips

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Live Like You’ll Die Tomorrow, But Invest Like You’ll Live Forever #news #moneytalks #investing

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Buy when everyone’s freaking out, and sell when everyone thinks they can’t lose!

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$400 For These Sneakers???

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Kellog's CEO says "Breakfast is for Dinner"

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Investing in Gold and Gold IRAs: 5 Things You Need to Know

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Sea Ltd Is On The Verge Of A 100% Rally, Should You Buy?

Sat, 11 Mar 2023 01:39:16 +0000

Shares have almost doubled since November.
Two of the company’s three business units are firing on all cylinders.
Wall Street is targeting an additional upside of 40% in the stock from here.
5 stocks we like better than SEA

A 25% jump on Tuesday meant shares of Sea Limited (NYSE:SE) were among the best-performing equities on the day. They managed to hold onto their gains in yesterday’s session and look set to continue consolidating at their highest level since August. They’re up a full 95% from November’s multi-year low, and investors are right to expect this to become a triple-digit rally in the near future.

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This week's catalyst for the jump was the company’s Q4 earnings report, which easily surpassed what analysts had been expecting. For example, the consensus for the company’s EPS had been for a loss of -$0.55, but Sea managed to land a beat of $1.27 on this forecast with an $0.72 print. Their revenue, up 7% year on year, also exceeded expectations.

Shares had been rallying since the start of the year, so perhaps an upside surprise like this was half expected by some, though the 25% jump shows just how many on Wall Street were still caught on the hop. For such a strong performer, there will be many to whom the name isn’t all that familiar.

Growing Presence In The Region

For context, Sea Limited is a Singapore-based tech company that operates three core businesses: digital entertainment, e-commerce, and digital financial services. The company provides online games and esports services through its Garena platform in the digital entertainment segment.

The e-commerce segment is operated through Shopee, one of the largest e-commerce platforms in Southeast Asia and Taiwan. The digital financial services segment includes SeaMoney, which offers mobile wallet services and payment processing solutions.

This week’s earnings report showed a marked slowdown in the company’s digital entertainment segment, but the growth in e-commerce more than made up for this. Not only did that unit's revenue show growth of 44% year on year, but its adjusted EBITDA also turned positive. Their digital financial services segment also did well and posted year-on-year growth of 92%.

So, on the whole, it was a pretty stellar report and will go a long way to solidifying the uptrend that’s been in place for the past two months. But with their shares having already jumped so much, is there still an upside to be captured? We think there is.

For starters, this week has seen the likes of HSBC boost their price target on the stock up to $92, while the folks over at Citi moved theirs to $110, with the team at Jefferies upping theirs to $115.

Considering shares are set to open flat around the $80 mark, investors thinking about getting involved are well entitled to target upwards of 40% return. It wouldn’t take many green days from here for shares to confirm the 100% rally that they’re on the verge of completing and then plough on toward the $115 range that’s been highlighted.

Getting Involved

While some have expressed concerns about the sustainability of Sea's rapid growth, others believe that the company's strong foothold in the Southeast Asian market and its expanding range of products positions it as a viable long-term investment option.

Sea's e-commerce division is anticipated to continue to thrive due to the fast-paced expansion of online shopping in the region. Meanwhile, SeaMoney, the company's digital financial services division, has the potential to emerge as a key player in the fintech industry.

This week’s earnings report has confirmed that its growth trajectory is solid while both the action in the stock and the boosted price targets suggest shares are still chronically undervalued where they are. As far as post-earnings plays go, it mightn’t get much better than this.

Should you invest $1,000 in SEA right now?

Before you consider SEA, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SEA wasn't on the list.

While SEA currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

Article by Sam Quirke, MarketBeat

Fossil Group: Should You Bet On Consumer Discretionary In 2023?

Sat, 11 Mar 2023 01:29:52 +0000

Fossil Group, Inc had a rough quarter and guides for the same, but an opportunity is brewing.
Discretionary stocks are expected to make a comeback in 2024.
FOSL stock is near a bottom and could begin to reverse later this year, assuming the outlook for earnings firms.
5 stocks we like better than Fossil Group

The outlook for 2023 and 2024 earnings may lead you to believe that discretionary stocks (NYSEARCA:XLY) like Fossil Group (NASDAQ:FOSL) would be a good bet in 2023, but they aren’t; yet. The outlook for 2023 is for earnings to decline in the discretionary sector by more than 21.2% and the consensus figure reported by Factset is falling.

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The opportunity, dubious as it is, is an expected rebound in 2024 that would put the discretionary sector at the top of the S&P 500 but there is risk in this outlook.

The consumer discretionary sector is expected to be #1 regarding earnings growth in 2024 but is also #1 regarding earnings revisions, which are moving lower. This scenario has an opportunity, but it won’t come until much later in the year; even then, it depends on the outlook.

Merchants like Target (NYSE:TGT) and Walmart (NYSE:WMT), which both list Fossil products on their websites, have indicated a shift in inventory management that can be seen in Fossil’s Q4 results.

That shift is driven by an over-inventoried environment and consumer habits, which move away from discretionary items to focus on daily items. These trends will likely continue, given the Fed’s latest stance on inflation and interest rates.

From Target’s Q4 2022 earnings press release … “Inventory at the end of the quarter was 3 percent lower than in 2021, despite an increase in early receipts compared with last year. Inventory in discretionary categories was approximately 13 percent lower than a year ago, partially offset by higher inventory in frequency categories.”

Fossil Group Sinks On Weak Results, Guidance

Fossil Group grew revenue sequentially in Q4, but that is about the best that can be said. The company reported $499.1 million in revenue, a decline of 17.4% versus last year, and the guidance is not good. Q4 sales were impacted by the wholesale segment's decline in all regions.

DTC sales, a revenue stream that more fashion/apparel makers are leaning into, grew by 8% and are accelerating but offset by a 24% decline in wholesales that is also accelerating.

Interestingly, traditional watch sales fell by 15% on a traditional versus smart-watch basis while smartwatch sales fell a more substantial 32%, suggesting weakness for manufacturers like Apple (NASDAQ:AAPL) and Samsung (OTCMKTS:SSNLF).

“The year came to a challenging close – against the backdrop of a retail landscape marked by elevated wholesale inventories and increased promotional activity, strength in our direct-to-consumer business was more than offset by soft topline trends in our wholesale channel globally,” said Kosta Kartsotis, Chairman and CEO.

The earnings news is even worse. The company logged the 3rd straight quarterly loss, and there is little reason to think that will change by the end of the calendar or fiscal year. The guidance calls for another mid-single-digit decline in net sales and operating margins in the low-single-digit range, which doesn’t leave much capital for other expenses like debt.

Fossil Group has little debt, but some need to be serviced. The company has plenty of cash, but operating in this manner (cash is down 20% YOY), that balance won’t last long.

The Technical Outlook: Fossil Group, Inc Nears Bottom

The price action in Fossil Group shares is not promising, but it is approaching what could be the bottom. That level is near the pandemic lows set in 2020, which have been tested once before. If the market can hold up at this level, it may move sideways until the end of the year.

If the wholesale situation works out and the outlook for earnings improves for the stock or the sector, FOSL can move higher. Until then, there is a risk the market will fall through support and head back down to the long-term lows near $2.00.

Should you invest $1,000 in Fossil Group right now?

Before you consider Fossil Group, you'll want to hear this.

While Fossil Group currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

Article by Thomas Hughes, MarketBeat

BJ’s Wholesale Club Stock Moves Higher After Strong Results

Sat, 11 Mar 2023 01:09:17 +0000

BJ’s Wholesale Club moves higher on strong results.
The company is growing and offers value compared to Walmart and Costco.
There’s no dividend, but share repurchases should help support the price action.
5 stocks we like better than BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc (NYSE:BJ) has been firing on all cylinders and has yet to misfire. The company has been growing via store count, member count, and expanded services and producing market-beating results all along the way. The takeaway from the Q4 results and guidance for 2023 is that those trends are not expected to stop.

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Trading at 19.5X its earnings estimate, this stock is no value compared to the broad market but is a value compared to its peers. Walmart (NYSE:WMT), which includes Sam’s Club, trades at 22.5X its earnings, while the best-in-breed pureplay Costco (NASDAQ:COST) trades closer to 33X. This suggests that BJ’s Wholesale Club could move higher on the dual tailwinds of results and a multiple-expansion, and that combination could get this stock up to a new all-time high.

BJ’s Has Caps Record Year With Record Quarter

BJ’s had a good quarter and year, with revenue and earnings hitting record levels that outpaced the analyst consensus estimates. The $4.93 billion in Q4 revenue is up 13.1% compared to last year, and it beat the consensus by 300 basis points which is a substantial margin. The gains were driven by a 9.8% increase in comps, and 8.7% ex-fuel, which was compounded by adding new stores and acquiring fresh foods business earlier this year.

Membership fee, a leading indicator of future growth, increased by 8% and came with a record 90% renewal rate, proving that plans to improve/enhance customer satisfaction are working. Digital, another pillar of the growth strategy, grew by 22%.

The margin is also good news. The company increased the gross merchandise margin by 30 bps and controlled its spending to drive solid gains on the bottom line. Moving down the figures, operating income grew by 22.7%, adjusted EBITDA by 18.7%, GAAP EPS by 21%, and adjusted EPS by 25% to outpace the Marketbeat.com consensus estimate by 1200 basis points.

The guidance is equally impressive and calls for 4 to 5% comp-store growth ex-fuel and adding new stores. The gross merchandise margin is expected to increase by another 40 bps and offset rising labor and other costs. Earnings are expected to be flat YOY which is the only bad news, albeit offset by the fact analysts were expecting less.

BJ’s Wholesale Club Returns Capital To Shareholders

BJ’s Wholesale Club doesn’t pay a dividend which may hold back the price action, but it does repurchase shares. The company repurchased 626,000 shares in Q4 and has retired about 0.95% since last year. That’s worth $152 million to shareholders, and repurchases can be expected to continue. The company also repaid and repositioned some debt, so the balance sheet is improving on top of earnings strength.

Analysts and institutions are buying this stock and should continue to support the price action. The analysts have the stock pegged at Moderate Buy, although the price target has been slipping. Marketbeat.com’s analyst tracking tools have not picked up any new activity since the earnings report, but it can be assumed that the results will help the price target, if not the sentiment.

The Technical Outlook: BJ’s Wholesale Club Is In An Uptrend

BJ’s Wholesale Club is in an uptrend, confirmed following the Q4 release. Pre-market action has the stock up more than 4% and well above the trend line. If the market follows through on this signal, the next hurdle will be the current all-time high, near $80. If that is broken and the market can hold the new high, another sustained updraft may follow. Near-term targets are in the range of $95.

Should you invest $1,000 in BJ's Wholesale Club right now?

Before you consider BJ's Wholesale Club, you'll want to hear this.

While BJ's Wholesale Club currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

Article by Thomas Hughes, MarketBeat

Kinaxis’ Accelerated Growth Continues to Attract Analyst Attention But Retail Investors Fail to Take Notice

Sat, 11 Mar 2023 01:00:55 +0000

The Ottawa-based supply chain software firm has just gotten started penetrating its total addressable market

Shares of Kinaxis (TSE:KXS, OTCMKTS:KXSCF), an Ottawa-based supply chain software company, gained 6% in the week following its March 1 fourth quarter earnings announcement.

The positive results prompted several analyst to hike their target prices on KXS stock. And if you believe what analysts are writing about the company, investors can expect more share-price appreciation in the months ahead.

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Kinaxis delivered annual revenue in 2022 of $366.9 million (all figures in U.S. dollars unless noted otherwise), 46% higher than in 2021. If you exclude currency, sales rose 54% year-over-year. In addition, approximately $274 million was recurring revenue, 24% higher than a year ago.

Its remaining performance obligations (RPOs) at the end of December were $252.4 million in 2023, $187.9 million in 2024, and $158.0 million in 2025 and beyond, for a total of $598.3 million. At the end of 2020, its RPOs were less than $400 million.

Regarding profitability, its adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was $79.5 million in 2022, 99% higher than a year ago. Excluding currency, adjusted EBITDA rose 122%.

Conservative Outlook

The company’s outlook for 2023 includes revenue of $425 million at the midpoint of its guidance with adjusted EBITDA of $60 million, slightly lower than in 2022, likely taking into account a possible global economic slowdown in the second half of the year.

In its Q4 2022 conference call presentation, management highlighted that it currently has approximately 250-300 customers, with a target market of 19,000. It remains in its early growth stages despite a CAD $4.7 billion market cap.

Analysts Respond

Scotia Capital analyst Kevin Krishnaratne has a Sector Outperform rating on Kinaxis stock. The analyst increased his target price by CAD$22 to CAD$225, 33% higher than its current share price.

“Following 2022 results that featured accelerating ARR [annual recurring revenue] growth year-over-year ex. FX (26 per cent vs 21 per cent) and an impressive ‘Rule of 50′ operating profile (SaaS growth + EBITDA margin), we continue to have confidence in management and its vision of enabling supply chain resilience for businesses large and small,” The Globe and Mail reported the analyst's comments after the release of the company’s results.

Laurentian Bank Securities analyst Nick Agostino has a Buy rating on KXS shares with a $225 price target.

That analyst believes that the company’s plan to target smaller companies -- growing its total addressable market (TAM) by 12,000 potential customers to 19,000 -- while also focusing on additional new verticals such as energy will keep its accelerated growth intact in 2023 and beyond.

“The growing demand/pipeline, expected SaaS acceleration, expanded total addressable market, tightening sales cycle and accelerating momentum as depicted by KXS’s mid-term outlook are all factors that help reconfirm our thesis on KXS as a differentiated, IP-driven, disruptive player in the SC market and a must own for Canadian technology investors,” Agostino wrote in a note to clients.

Of the nine analysts that cover Kinaxis stock, seven have a Strong Buy rating, while two have a Moderate Buy, with an average rating of 4.88 out of 5.00.

According to Fintel data, the two exchange-traded funds with the largest weightings for Kinaxis are the Janus Henderson International Sustainable Equity ETF (US:SXUS), at 2.00%, and the WisdomTree Artificial Intelligence and Innovation Fund (US:WTAI) at 1.38%.

Article by Will Ashworth, Fintel

Best Financial Books For Beginners

Sat, 11 Mar 2023 00:46:01 +0000

Want to manage your money better and wiser? Well, you can start by reading financial books for beginners that are designed to help you improve the financial outlook in your life.

Personal finance books can provide valuable information on topics ranging from:

What you need to do to become financially independent.
How to trade stocks.
Tips for managing mortgages.
Having difficult money conversations with family members.
Why and how to create a nest egg.
Retirement savings tips.

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Although it might not be the lightest reading, you’ll thank your wallet and future self in the long run.

How we evaluate and test financial books

All of our best financial books roundups are written by humans (including myself) who’ve spent a lot of time reading, listing, testing, and examining financial books. We spend dozens of hours researching and testing the financial advice in each one of the books. We’re never paid for placement in our articles from any book or for links to our site—we value the trust readers put in us to offer authentic book evaluations of the financial advice behind them. Especially for beginners in this financial world.

From expert ways to increase your credit to more simple ways to save money on a daily basis, Dues best financial books for beginners will help you out outshine the rest. Compare the best finance books to help you save a lot more money in the next year.

To help you improve your financial literacy and make the best decisions with your money, we’ve selected the ten best-selling, highest-rated, and beginner-friendly finance books.

Best Financial Books for Beginners

1.“I Will Teach You to Be Rich” by Ramit Sethi

Rating: 4.5 Stars – 3,019 Reviews

Ramit Sethi, dubbed the “wealth wizard” by Forbes, outlines a 6-week program for increasing your income and saving for retirement in his landmark New York Times and Wall Street Journal bestseller “I Will Teach You to Be Rich.”

Despite being aimed at millennials and beginners in finance, this book is a must-read for anyone new to the FIRE (financial independence, retire early) movement.

By ruthlessly weeding out the things that don’t make you happy, the book teaches you how to spend money on the things that make you satisfied. It also explains how to set up a “conscious spending plan.”

You’ll find practical advice, helpful money lessons, and simple steps to improve your relationship with money in this book. As part of the book’s many lessons, it provides practical advice on:

Maintaining your daily latte habit while saving mone.
Dealing with recurring expenses such as phone and insurance bills.
Negotiating a raise at work.
Reducing the amount of student loan debt you owe.
Making your finances automated so your money goes where you want it to go.
The best way to cover major purchases, such as a car, house, or wedding.

Quote: “Conscious spending isn’t about cutting your spending on everything. That approach wouldn’t last two days. It is, quite simply, about choosing the things you love enough to spend extravagantly on—and then cutting costs mercilessly on the things you don’t love.”

Format: Paperback, Audiobook, Kindle

2. “Total Money Makeover” by Dave Ramsey

Rating: 4.7 Stars – 5207 Reviews

Dave Ramsey’s “Total Money Makeover” is one of the most popular finance books available for beginners. Some even circles consider it to be the best personal finance book ever written.

As a financial expert, author, and radio host, Ramsey offers sage advice about taking charge of your finances in his book. Through an outlined 7-step plan for financial fitness, he emphasizes his points.

As a result of his stern, no-nonsense advice, readers are encouraged to take responsibility for their money choices, while being motivated to achieve success. That’s why it’s a great resource for beginners.

Furthermore, Ramsey provides clear steps to success, describes common pitfalls to avoid, and encourages readers to take charge of their finances. For people struggling with debt and student loans, his straight talk on debt, as well as his plan to get rid of it, is highly relevant.

However, many people appreciate the fact that Ramsey shares his personal story in his finance book for beginners. As he relates his own money failures, readers are able to accept their own mistakes and follow his example.

Quote: “Savings without a mission is garbage. Your money needs to work for you, not lie around you.”

Format: Paperback, Audiobook, Kindle

3. “Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence” by Vicki Robin

Rating: 4.5 Stars – 4204 Reviews

Vicki Robin and Joe Dominguez originally published this book in 1992. For the FIRE movement, this book is considered a seminal work. “As you can imagine, this was pretty radical stuff in the early 1990s,” notes Kara Perez in a previous Due article.

To start using money as a tool to free yourself from the labor force, the book’s first edition spent a significant amount of time discussing lifestyle and mindset shifts.

There is more to this book than those who dream of becoming financially independent. There is more information on investing and money management in the updated in 2008 version. It is also important to focus on mindset shifts for people looking to retire early.

“As far as finance books go, this is a great place to start if you want to get in touch with the WHY behind your spending,” adds Kara. By doing this, you will be able to start thinking of money as a tool. After all, a lot of us do not realize how our spending impacts our financial goals over the long term. With this book, you’ll learn how to establish a new relationship with money.

Quote: “Money is something we choose to trade our life energy for.”

Format: Paperback, Audiobook, Kindle, CD

4. “The One-Page Financial Plan” by Carl Richards

Rating: 4.3 Stars – 588 Reviews

Are you looking for a better way to manage your money, but lack the motivation? If that describes you, a good place to begin is with Carl Richards’ “The One-Page Financial Plan.”

Ultimately, this is a refreshing and fun look at personal finance that explains how you can plan your entire financial future on a single page, taking away the burden of financial planning for the less disciplined.

Richards spent over 20 years as a financial advisor. In “The One-Page Financial Plan,” he incorporates all of the conversations he’s had over the years into a personal finance process that works for you.

The following three lessons can help you take control of your finances:

Plan your goals, but stay flexible and fine-tune them along the way.
Make saving fun by making budgeting a game.
Invest in your future by paying off your debt.

Quote: “The most important thing to remember about money is that it’s not about the money. Money is a means to an end. It’s a tool to help you live the life you want to live.

Format: Paperback, Audiobook, Kindle

5. “Rich Dad Poor Dad” by Robert Kiyosaki

Rating: 4.7 Stars – 82,101 Reviews

Robert Kiyosaki’s “Rich Dad Poor Dad” is probably familiar to many, but there’s a reason it’s remained a personal finance fixture.

As a child, Kiyosaki learned all about personal finance from his father and from the father of one of his friends, who is referred to in the title as “rich dad”. You will learn how to get rich without spending a lot of money, about assets and liabilities, and why schools don’t teach your children about personal finance.

Updates on money, economics, and investing are included in this twentieth-anniversary edition.

Quote: “Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.”

Format: Paperback, Audiobook, Kindle, Workbook

6. “What To Do With Your Money When Crisis Hits: A Survival Guide” by Michelle Singletary

Rating: 4.6 Stars – 105 Reviews

Originally released as “7 Money Mantras for a Richer Life,” Michele Singletary learned these lessons from her grandmother, Big Mama. And, they are;

If it’s on your ass, it’s not an asset!
Is this a need or is it a want?
Sweat the small stuff.
Cash is better than credit.
Keep it simple.
Priorities lead to prosperity.
Enough is enough.

Those mantras provide the basis for this straightforward and practical book about financial advice.

Quote: “We are minimizing our financial potential by making minimum credit-card payments.”

Format: Paperback, Audiobook, Kindle

7. “Broke Millennial” by Erin Lowry

Rating: 4.6 Stars – 1,585 Reviews

Erin Lowry offers tips for 20 to 30-somethings on getting control of their finances. The result? “Broke Millennial” is the ultimate guide for every financially uninformed millennial on how to spend responsibly.

In addition to providing helpful tips for beginners, the book teaches you how to navigate the market based on your values and beliefs. Throughout this book, young people will learn how to manage credit card debt, student loans, budgeting, and investing.

Also included are tips on:

Getting your partner to talk about money.
Budgeting styles such as Cash Diet, Track Every Penny, Envelope Budgeting, and Percentage Budgeting.
Choosing the best financial products, like savings accounts.
Using your credit score to your advantage.

Quote: “Investments are the sexiest part of personal finance, but it’s just one piece.”

Format: Paperback, Audiobook, Kindle

8. “Why Didn’t They Teach Me This in School?” By Cary Siegel

Rating: 4.5 Stars – 1,753 Reviews

A father of five, Cary Siegel, wrote “Why Didn’t They Teach Me This in School?: 99 Personal Money Management Principles to Live By” specifically for young people just graduating from high school or college.

The 99 principles – which include lessons on life, credit cards, and housing – are presented in bite-sized chunks. Siegel’s wisdom is not mind-blowing. Mostly, it’s just good, sound money advice that focuses on the fundamentals.

Overall, readers won’t feel frustrated or overwhelmed after reading it, which makes it a great book for beginners. Rather, he offers nuggets of information about finances that should help young people avoid getting into financial trouble before it’s too late. Therefore, for anyone starting from scratch – or guiding someone who is standing at the starting line “Why Didn’t They Teach Me This in School?” is one of the best finance books to read.

Quote: “Net worth is what dollar value you are worth. To come up with this number, you add up all that you own and subtract everything you owe.”

Format: Paperback, Audiobook, Kindle

9. “The Millionaire Next Door: The Surprising Secrets Of America’s Wealthy” by Dr. Thomas J. Stanley & William D. Danko

Rating: 4.6 Stars – 11,696 Reviews

This 1996 book still holds up well in the current digital age despite being originally published in 1996. Millionaires are actually quite modest and discreet, unlike what social media may imply. It’s not necessary for millionaires to own costly cars, jet-set around the world, or lounge around their mansions swimming pools despite what you see on Keeping Up With The Kardashians.

This book reveals that millionaires have not only created wealth but also maintained it. Thomas J. Stanley, Ph.D., and William D. Danko, Ph.D. explain how millionaires accomplish this.

Quote: “Most people have it all wrong about wealth in America. Wealth is not the same as income. If you make a good income each year and spend it all, you are not getting wealthier. You are just living high. Wealth is what you accumulate, not what you spend.”

Format: Paperback, Audiobook, Kindle, CD

10. “Personal Finance for Dummies” by Eric Tyson

Rating: 4.7 Stars – 1175 Reviews

A great primer on living a financially savvy life, Eric Tyson’s “Personal Finance for Dummies” has already reached its 9th edition. Why? Because all aspects of personal finance are covered in the book.

It has everything you need for budgeting, debt management, saving for retirement, and planning for big purchases. In this sense, “Personal Finance” is truly the go-to guide for anyone who wants to learn all the basics of money management and improve their financial situation immediately.

Quote: “To achieve typical longer-term financial goals, such as retiring, the money that you save and invest generally needs to grow at a rate much faster than the rate of inflation.”

Format: Paperback, Audiobook, Kindle

FAQs

What are financial literacy books?

A financial literacy book explains the fundamentals of personal finance and money matters in a clear and simple way. The basic principles of personal financial management, budgeting, and investing are covered in introductory finance books.

Finance books should not only discuss principles and ideas, but also demonstrate the importance of becoming financially literate. Moreover, beginners’ finance books should motivate and encourage them to handle their money effectively.

What are the benefits of reading a book about finance?

You’ll be more confident and successful with your finances later in life if you learn the basics of money early on. Although there is no time like the present to learn about money, it pays to tip your toes in as soon as possible, and education is the esse

Forget ChatGPT. Nvidia Is The Real AI Winner…

Sat, 11 Mar 2023 00:12:16 +0000

Who will win the AI arms race?… The easiest way to profit off AI… Is Facebook the next great “autopilot stock”?

An AI Arms Race

It’s an AI arms race—here’s how I’m playing it…

Artificial Intelligence (AI) is one of the hottest buzzwords on Wall Street right now.

Ever since AI chatbot ChatGPT burst onto the scene in November, any stock even remotely related to AI has soared.

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I even warned a bubble was forming in “pure play” AI stocks in February. These stocks include C3.ai (NYSE: AI), SoundHound AI (NASDAQ:SOUN), and BigBear.ai (NYSE:BBAI).

But ChatGPT is just the tip of the iceberg.

Tech giants Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOG) have already built ChatGPT-like chatbots into their search engines. And Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), and Tesla (NASDAQ:TSLA) are incorporating new AI models into their businesses.

I expect many more companies will follow suit to compete in the AI arms race.

Who will come out on top?

You don’t have to guess...

You can buy the “picks and shovels” providers of AI—the companies standing to benefit no matter who adopts this game-changing technology. One of these stocks is already up 58% this year and is a legitimate business, as you’ll see.

What Powers AI

Have you ever asked what makes AI possible?…

It’s all thanks to specialized computer chips called graphics processing units (GPUs).

GPUs can perform millions of calculations simultaneously, meaning they can process vast amounts of data at the same time. That’s different from how other computer chips work. Most computer chips—like the one powering the laptop or phone you’re reading this on—calculate one by one.

At first, GPUs were mostly used to create realistic graphics in video games.

Remember the blocky Nintendo graphics from the early ‘90s? GPUs helped render those early images into the movie-like gaming graphics you see today.

As it turns out, GPUs are also ideal for training AIs to think like humans.

And one company is the default GPU maker for powering AI…

Nvidia Is Benefiting from the AI Boom

The #1 company benefiting from the AI boom…

Nvidia (NASDAQ:NVDA) is known for its industry-leading GPUs.

Today, its chips are head and shoulders above the competition. According to firm New Street Research, Nvidia already owns 95% of the AI GPU market.

As the AI craze heats up, so will demand for Nvidia’s GPUs.

In fact, NVDA has already leaped 58% in 2023:

Investment bank UBS estimates OpenAI, the parent company of ChatGPT, used 10,000 Nvidia GPUs to train the AI… enough to fill an entire warehouse.

But ChatGPT is tiny compared to the AIs Microsoft and Google are building.

The big difference is Microsoft’s and Google’s AI chatbots will have real-time access to the internet, and ChatGPT doesn’t. This means they’ll have to crunch much larger amounts of data.

More data = more GPUs. Tens of thousands more…

For example, New Street Research estimates Microsoft would need 160,000 GPUs to make its Bing Search AI accessible to everyone.

That’s why…

Profiting From The AI Trend

If I could only buy one stock for the next five years, it would be NVDA.

That’s what I said about Nvidia back in 2018. Readers who acted on my guidance saw 404% peak gains.

And I see huge upside for this chipmaker over the next five years, too.

For one, the company reported stellar sales figures last week. Its data center business—which houses AI GPUs—raked in $15 billion in 2022.

That’s a 41% jump from the year before… the most on record.

But this is just the beginning…

Research firm GMI estimates the AI chip market will grow by 26X over the next 10 years.

So Nvidia’s $15 billion in AI GPU sales could swell to $400 billion by 2032.

This is why Nvidia remains one of my top ways to play the AI boom.

But a “picks and shovels” stock like Nvidia is just one way to profit from the AI trend. Another is looking at individual sectors where AI will make the biggest, most imminent advancements.

Autopilot Stock

Is Facebook the next great “autopilot stock”?

Autopilot stocks are great investments.

In short, they can generate big, predictable streams of cash month after month by selling subscriptions as if on “autopilot.”

For example, Adobe stock soared 2,030% after launching its Creative Cloud subscription-based offering back in April 2012.

Now Facebook (NASDAQ:META) is trying to do the same…

The company just rolled out Meta Verified, a subscription service that verifies your identity and adds a blue verification badge to your profile.

The feature costs $11.99/month on smartphones and $14.99/month on the web.

Meta Verified's Revenue

How much can Facebook realistically make from Meta Verified?

Bank of America estimates Meta Verified will increase sales by $1.7 billion over the next year.

This may sound like a lot of money, but it’s not for Facebook. The social media giant makes $117 billion in revenue each year. So, the subscription service would add just 1.5% to its bottom line.

I have no interest in owning Meta.

Article by Stephen McBride - Chief Analyst, RiskHedge

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Countries With The Highest Number Of Bitcoin ATMs

Fri, 10 Mar 2023 23:30:41 +0000

America ranks top across the globe, with a total number of 33,656 Bitcoin ATMs.
Canada is the country with the second highest number of Bitcoin ATMs globally with 2,645.
Hong Kong has the highest number of Bitcoin ATMs on the Asian continent, with 146 in the country.

The United States ranks as the most Bitcoin-obsessed county in the world, according to a new study analyzing Bitcoin ATMs per country.

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Bitcoin ATMs Per Country

Cryptocurrency betting experts cryptobetting.org obtained data on how many Bitcoin ATMs there were per country after finding that Bitcoin reigns supreme as the most popular Cryptocurrency.

United States - 33,656.

The United States has become a leading hub for Bitcoin and other cryptocurrencies. One major indicator of this is the fact that the US boasts the most Bitcoin ATMs in the world, with a total of 33,656 machines scattered across the country.

These ATMs allow individuals to easily buy and sell Bitcoin for cash, making the cryptocurrency more accessible to the general public.

The increasing popularity of Bitcoin and other digital currencies has led to the growth of the cryptocurrency industry in the US, with many companies and financial institutions investing in this emerging technology. As the crypto market continues to evolve, it will be interesting to see how the US adapts and shapes this new financial landscape.

Canada - 2,645.

Canada has emerged as a prominent player in the world of cryptocurrency, with a growing number of individuals and businesses investing in Bitcoin and other digital currencies. One indicator of this trend is the fact that Canada currently has the second-highest number of Bitcoin ATMs in the world, with a total of 2,645 machines operating across the country.

Spain - 272.

Spain has made significant strides in the adoption of Bitcoin and other cryptocurrencies in recent years. The country currently has a total of 272 Bitcoin ATMs, which is the third-highest number of Bitcoin ATMs in the world. Interestingly, Spain also has the highest number of Bitcoin ATMs in comparison to other countries in the European Union.

These machines allow individuals to buy and sell Bitcoin with ease, and have contributed to the growth of the cryptocurrency market in Spain. With increasing interest in Bitcoin and other digital currencies, it will be interesting to see how Spain continues to innovate and evolve in this space.

Australia - 251.

Australia has become a prominent player in the global cryptocurrency market, with a growing number of individuals and businesses investing in digital currencies such as Bitcoin. The country currently has a total of 251 Bitcoin ATMs, making it the fourth highest country in the world in terms of Bitcoin ATM installations.

These ATMs allow Australians to easily purchase and sell Bitcoin for cash, providing a more accessible and convenient option for those looking to invest in the digital currency. As the adoption of Bitcoin and other cryptocurrencies continues to grow in Australia and around the world.

Poland - 225.

Poland has emerged as a growing player in the world of cryptocurrency, with an increasing number of individuals and businesses investing in Bitcoin and other digital currencies. As a testament to this trend, Poland currently has a total of 225 Bitcoin ATMs, making it the fifth highest country in the world in terms of Bitcoin ATM installations.

With the growing adoption of cryptocurrencies in Poland and around the world, it will be interesting to see how the country continues to shape and innovate in this emerging financial space.

Where Do The Other Countries Place On The List?

El Salvador places sixth on the list and is the one of two countries in the world where Bitcoin is legal tender, rounding out the top ten is the Switzerland, Romania, Hong Kong and Austria.

Commenting on the findings, a spokesperson for cryptobetting.org said: “Bitcoin is by far the most popular cryptocurrency across the world, this piece places different metrics together to show where in the globe bitcoin there is the highest interest in Bitcoin.

While it was expected that the United States would place first. It’s interesting to see that El Salvador places sixth. This can be explained by the fact that Bitcoin is legal tender. This list shows diversity, with countries from different continents placing on the list showing Bitcoin’s interest is global.”

The study was conducted by cryptobetting.org, which specialises in reviewing cryptocurrency betting websites.

Country	Locations
United States	33,676
Canada	2,645
Spain	272
Australia	251
Poland	225
El Salvador	212
Switzerland	156
Romania	154
Hong Kong	146
Austria	127

UK GDP Rose 0.3% In January, Stocks Muted Ahead Of Key US Jobs Data

Fri, 10 Mar 2023 23:06:45 +0000

UK GDP rose 0.3% in January as Services grow
Global stocks retreat ahead of non-farm payroll data in the US
HS2 delays add further challenges for UK economic and business growth
Oil heads for sharp weekly loss

UK GDP Rose 0.3% In January

The UK’s economy rose 0.3% in January, as services returned to growth – including arts and entertainment. Household spending has been holding up much better than expected despite soaring inflation, and this is propping services up.

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However, in the three months to January, GDP was flat and the construction sector is facing reasonably sharp contractions. This tallies with the idea that the UK economy is going to shrink overall this year, even if a technical recession is avoided.

The takeaway for businesses is unfortunately that things are going to remain very challenging, with stagnation a likely scenario for some time. The UK’s economy is the only one in the G7 to be below its pre-Covid size, which is a badge the government would really rather not have as it pushes its high-growth agenda.

There are a few reasons for this, and a lot stems from the UK’s specific labour shortage. The UK is down around 500,000 workers because of Brexit and the pandemic, and filling the gaps in the areas of the economy these have left is very difficult and has direct consequences for the economy’s ability to grow.

Skills shortages keep wages higher for longer, which feeds into higher inflation. The soaring costs being faced by consumers and businesses are likely to be more difficult to bring down than in the US and this also makes economic expansion a very tough task.

The better news is that while the UK is facing slow growth at best and contraction at worst, we aren’t facing a financial crash. Economic activity will slow and that will cause pain for some corners of the economy, but a full-scale financial wipe-out isn’t on the cards as things stand.

Spiralling costs on HS2 means the high-speed rail line will be delayed by two years. Infrastructure projects of this scale always come with execution risk, but there’s a real possibility that prices could be even higher down the line.

The development also raises questions for the multiple companies involved, whose margins are traditionally already very thin. There should be less friction for the UK’s growth attempts when the line is complete because the aim is to open up northern economies and stimulate activity, and on that front the delays are highly disappointing.

The Stoxx 600 and major US indices have been taken into the red, as markets weigh comments from Jerome Powell which suggested the Federal Reserve is prepared to hike interest rates at a faster rate than expected.

Expectations for a 50bp increase are now largely heightened. The trajectory of interest rates will depend on how hot economic data is, especially around core inflation, as costs around housing have been stubbornly difficult to bring down.

Stocks Muted Ahead Of Key US Jobs Data

The latest comments from the Fed don’t amount to new information, but they’ve highlighted the lack of certainty around central bank policy, and markets dislike uncertainty more than they like hardship.

A catalyst for upwards movement in global markets would be a weaker US jobs report today, which would act as a clear marker that core inflation could start to come down in the US. While the February jobs report is expected to show that hiring slowed from January’s large gain, a strong report will put further pressure on equities.

The market could be spooked if it believes rates could reach the 6% mark, which would deepen recession fears and is a large reason we’ve seen US financials come under heavy pressure in recent trading. More broadly, recent developments have heaped further challenges on stocks that are viewed as overvalued, and UK and European valuations continue to trend below longer-term averages.

Brent crude is down to $81 a barrel, dropping more than 5% this week. The declines are a direct consequence of Fed comments, which have raised questions about economic growth and recessionary risk. A larger slump hasn’t been seen as the market assess the growth outlook for China now that the economy has reopened, and modest growth targets in the region remain intact.

Article by Sophie Lund-Yates, Lead Equity Analyst at Hargreaves Lansdown

Fed Hawks Won’t Be Satisfied With Cooler February Jobs Report

Fri, 10 Mar 2023 22:33:17 +0000

Even a cooler jobs report on Friday is unlikely to stop the Federal Reserve hiking interest rates further on March 22, warns the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organizations.

A Cooler Jobs Report May Not Stop The Rake Hikes

The warning from Nigel Green of deVere Group comes as domestic and global financial markets hold their breath for the monthly US jobs report published on Friday 8:30 a.m. ET by the US Bureau of Labor Statistics.

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He says: “This jobs report is being closely watched by investors around the world, after January’s gave analysts a massive surprise. It revealed the US economy had added more than half a million jobs and unemployment had fallen to a level not seen in more than five decades.

“All eyes are now on the February jobs data. We expect the US to have added around 225,000 in new jobs last month and the unemployment rate to remain at a 54-year low of 3.4%.

As this represents a cooling of the labor market, will the Fed impose only a quarter-point rate hike on March 22, rather than a half-point one?

“I doubt it,” says the deVere CEO. “Even a cooler jobs report on Friday is unlikely to stop the Federal Reserve hiking interest rates further later this month.

“Fed Chair Jerome Powell has been clear that officials are looking at ‘totality’ of the data. A couple of milder jobs reports won’t cut it for the central bank – especially following January’s bumper gains. A drop of even 100,000 new jobs would not be enough to satisfy the Fed.

“We would need to have several months of weakening employment in order for the Fed to respond by taking its foot off the gas on rates.

“As such, we expect a half-point rate hike on March 22. Markets are set to tumble as a result.”

Whilst inflation remains a major headwind, Nigel Green says that investors should “remain alive to other metrics” in investment decision-making.

When costs are going up, investors should increasingly be looking at a company's ability to maintain margin, he notes.

“Investors should be paying close attention to margin because it can indicate how well a company is managing costs and competing in its industry.

“It can also impact a corporation’s ability to invest in growth opportunities or pay dividends to shareholders.”

In a recent media note, the deVere chief said that sectors that can maintain margin, despite inflation and interest rate hikes are likely to include healthcare, luxury goods, energy and agriculture.

“A cooler February jobs report is not going to satisfy the Fed hawks, so investors must expect higher for longer rates and may need to rebalance their portfolios as a result.”

About the Author

deVere Group is one of the world’s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients. It has a network of offices across the world, over 80,000 clients and $12bn under advisement.

Cathie Wood Discusses Silicon Valley Bank Crash

Fri, 10 Mar 2023 22:03:04 +0000

Following is the unofficial transcript of a CNBC interview with ARK Invest CEO & CIO Cathie Wood on CNBC’s “Last Call” (M-F, 7PM-8PM ET) today, Thursday, March 9^th for premiere week.

To Maintain Deposits Today, You Have To Pay Up: ARK Invest CEO Cathie Wood On SIVB

BRIAN SULLIVAN: Joining us now with reaction to somebody who has become synonymous with Silicon Valley innovation and investing all around that even that is ARK Invest CEO Cathie Wood.

Cathie, couldn’t think of a more perfect person to have on because this is scary what’s happening. I mean, do you worry that there is a greater contagion risk from Silvergate and SVB Financial Group (NASDAQ:SIVB) or do you think again, it is kind of contained within those two?

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CATHIE WOOD: Well, first, Brian, I'd like to congratulate you on your new show. I'm very happy for you and your team. So does this concern me? Is there contagion? Well, certainly there was contagion last year, and we often describe what happened last year, which was a crisis in crypto as really proving the concept what happened.

It was centralized, opaque institutions that failed. And some of that was because of fraud. And if you look at, if you looked at the blockchain technology, so Bitcoin, blockchain and Ethereum, they really didn't skip a beat.

Sure the prices went down, but if you looked at the way they were processing transactions, the smart contracts, the automated margin calls, they, they, they worked perfectly.

So, we think that it proved the contract, concept that decentralized transparent ecosystems are going to do much better we think than centralized institutions that are opaque. And actually, in the case of these banks, maybe took on more risks that people didn't know about.

SULLIVAN: Yeah, and I don't want, I don't want to, I don't want to necessarily blame crypto for for Silicon Valley Bank because I don't know what happened. We're going to learn what's going on and maybe things will ultimately be fine.

General Atlantic took a big stake yesterday. We'll see. Here's what makes me nervous and why I wanted you to come on and talk about the bigger picture, Silicon Valley Bank, they don't make mortgages.

They are a bank for venture capitalists, private equity, some of the smartest and richest people in America, many of which are of course in the Silicon Valley area now taking their money out. When I see those types of people getting clearly panicked, why should we sort of remain calm?

WOOD: Well, I do think that the Silicon Valley Bank is a bit, it's got some similarities to other banks but differences as well and we look at the mismatch between their assets and liabilities. So when money came gushing in during the Covid crisis with all of the stimulus money, Silicon Valley Bank put a lot of that to work in what were at the time high yielding assets that averaged only 1.6 or 1.7%.

Today in order to attract and maintain deposits, you have to pay up and, and banks are not paying up and they are all seeing their bank deposits go down. If you look, I'm saying that's an average because it's year over year are down across the system by 4%, why? Because money market funds are paying much higher interest and so funds are flowing.

Now the large banks do not have a problem. I mean with all of the capital standards that they have been subjected to since ’08, ’09, they actually been too flush with deposits. They don't want to make that many loans.

SULLIVAN: Well, they all did. By the way, Cathie, I know today was kind of a wild day they all got crushed a Charles Schwab which is which is not a bank to be clear. Charles Schwab lost 13% of its value to, Charles Schwab went down I'm not picking on them. Big name.

When I was covering subprime back in 2006, 2007, I heard the phrase, it's contained. It's contained. It's over here. It's not a big deal more times that I can count. We know that was wrong. This is not that but the St. Louis Federal Reserve about a month ago had a report saying higher rates is a huge move in rates and change in bonds may catch banks off guard.

We clearly learned that today with Silicon Valley Bank. I can't believe just maybe I'm just a grizzled old, you know, angry journalist, but I can't believe they're the only ones that this massive move in rates is going to impact.

WOOD: Yeah, I mean bank analysts are taking if they haven't already a close look at the duration mismatch of various banks. And so you saw some banks went down much more than others. Yes, the big banks were hit.

And as we've talked to people who I think understand the big banks very well, we don't think there's a problem there. But there are mismatches in the smaller banks and and they got hit today. So yes, it's an issue.

SULLIVAN: Does it make you, does it make you change how you invest Cathie?

WOOD: No. No, it doesn't. We've got a five year investment time horizon. We're focused on companies that are going to transform the way the world works, and sure they rely on on funding and orderly capital markets. Many of them did secondaries during 2020 especially, which was a great year for innovation.

So most of our companies do not have immediate needs for financing. I would say 99% of them, I'm sure one or two might do a financing but so we don't think there's usually there. No, we're not worried for our strategy.

In fact, what we've been looking at for the for the last well six months, almost six months, is the inverted yield curve which has gone more inverted so the long term bonds are yielding less than short term instruments.

That's part of the problem for these banks that we just talked about, but it is also a macro indicator we think that is telling us the bond market is speaking very loudly, that is telling us that the risks are not on the side of inflation.

If anything, when I hear and see banking crises and this is bank by bank, I don't think it's a banking system crisis, but when I see bank crises like this, I think more about deflation than inflation. Right? That certainly was the way to think about ’08, ’09—

SULLIVAN: Well, we'll see Cathie and we gotta go and we love your take. If, if money printing and bailouts also come with this, it's small now, these are big banks, but it's not national. But this is I think, I think this is a bigger story. Very quickly, do you think Silicon Valley Bank survives? Do you think, they're 40 years old, do you think they’d make it?

WOOD: You know, I did not see before I came on your show what Peter Thiel has said. He's, he's very powerful in the world of Silicon Valley so that that would lower the odds I would say.

And that's all I'll say, you know, it's just banks are not our area of expertise. We think the world is going to move over to digital wallets ultimately with much more decentralized transparent ecosystems and away from traditional banking system.

SULLIVAN: Cathie Wood, gotta leave it there. Thank you very much, Cathie, really appreciate it.

What a Pole Dancer Can Teach Us About Managing a Variable Income

Wed, 08 Mar 2023 10:00:23 +0000

The market is once again in a confirmed uptrend, but the stock market forecast is anything but clear. President Donald Trump testing positive for the coronavirus may only be the first of multiple October surprises for Wall Street. Read more by clicking on

Wed, 07 Oct 2020 18:48:46 +0000

The market is once again in a confirmed uptrend, but the stock market forecast is anything but clear. President Donald Trump testing positive for the coronavirus may only be the first of multiple October surprises for Wall Street. Read more by clicking on the link! (Picture Credit: stock.adobe.com)

Covid-19 is driving a massive shift to "contactless" digital payments as germ-wary consumers remain on Defcon-like infection alert and payment stocks scramble to respond. Read more by clicking on the link! (Picture credit: Chris Gash)

Fri, 02 Oct 2020 17:02:45 +0000

Covid-19 is driving a massive shift to "contactless" digital payments as germ-wary consumers remain on Defcon-like infection alert and payment stocks scramble to respond. Read more by clicking on the link! (Picture credit: Chris Gash)

This summer, road trips both short and long have been all the rage as people shy away from breathing each other's air — whether it be on an airline or in a movie theater — during the coronavirus pandemic. Read more by clicking on the link! (Picture credit

Fri, 02 Oct 2020 16:59:29 +0000

This summer, road trips both short and long have been all the rage as people shy away from breathing each other's air — whether it be on an airline or in a movie theater — during the coronavirus pandemic. Read more by clicking on the link! (Picture credit: Nils Davey)

This summer, road trips both short and long have been all the rage as people shy away from breathing each other's air — whether it be on an airline or in a movie theater — during the coronavirus pandemic. Read more by clicking on the link! (Picture credit

Mon, 21 Sep 2020 16:22:51 +0000

Amir Rasian certainly can brag about his portfolio. Thanks to big wins like Tesla and Gan, he’s up more than 25% just this year — easily topping the average U.S. mutual fund’s 2% loss and the flattish S&P 500. Read more by clicking on the link! (Picture

Tue, 18 Aug 2020 19:29:43 +0000

Amir Rasian certainly can brag about his portfolio. Thanks to big wins like Tesla and Gan, he’s up more than 25% just this year — easily topping the average U.S. mutual fund’s 2% loss and the flattish S&P 500. Read more by clicking on the link! (Picture credit: Elizabeth Plumt/Shutterstock)

Investing in the stock market is one of the best ways to make more money, but you need a plan to succeed. One of the most important aspects of stock buying and selling is your timing. If you buy a quality stock before a big run-up in value and sell it at

Mon, 03 Aug 2020 21:21:39 +0000

Investing in the stock market is one of the best ways to make more money, but you need a plan to succeed. One of the most important aspects of stock buying and selling is your timing. If you buy a quality stock before a big run-up in value and sell it at the proper profit target, you’ll see your profits improve across the board. Here are 9 rules to help you trade stocks like a pro.

Electric cars are still a niche market, but the coming year will put their mainstream potential to the test. Read more by clicking on the link! (Picture credit: Volkswagen/IBD Graphics)

Mon, 03 Aug 2020 21:15:14 +0000

Electric cars are still a niche market, but the coming year will put their mainstream potential to the test. Read more by clicking on the link! (Picture credit: Volkswagen/IBD Graphics)

Before flying from Philadelphia to Los Angeles in June, Alice Dailey pored over news articles to prepare for air travel in the coronavirus era, which tanked airline stocks and threw the industry into crisis. Read more by clicking on the link! (Picture cre

Tue, 14 Jul 2020 17:55:17 +0000

Before flying from Philadelphia to Los Angeles in June, Alice Dailey pored over news articles to prepare for air travel in the coronavirus era, which tanked airline stocks and threw the industry into crisis. Read more by clicking on the link! (Picture credit: Allies Interactive/Shutterstock)

The coronavirus pandemic disrupted delicate global supply chains, dragging companies down with new costs, risks and challenges overnight. Read more by clicking on the link! (Picture credit: ©Chris Gash)

Tue, 07 Jul 2020 22:16:49 +0000

The coronavirus pandemic disrupted delicate global supply chains, dragging companies down with new costs, risks and challenges overnight. Read more by clicking on the link! (Picture credit: ©Chris Gash)

The biggest-ever shutdown of U.S. shale oil production sets the stage for another historic feat: turning it back on again. But for battered oil stocks, reopening the taps is the tricky part. Read more by clicking on the link! (Picture credit: ©Dave Cutler

Tue, 30 Jun 2020 19:06:32 +0000

The biggest-ever shutdown of U.S. shale oil production sets the stage for another historic feat: turning it back on again. But for battered oil stocks, reopening the taps is the tricky part. Read more by clicking on the link! (Picture credit: ©Dave Cutler)

Imagine attending a doctor's appointment with the same ease that you use Uber (UBER) and Lyft (LYFT) to travel, DoorDash for food delivery and Amazon (AMZN) for shopping. Read more by clicking on the link! (Picture credit: © Chris Gash)

Thu, 25 Jun 2020 19:17:08 +0000

Imagine attending a doctor's appointment with the same ease that you use Uber (UBER) and Lyft (LYFT) to travel, DoorDash for food delivery and Amazon (AMZN) for shopping. Read more by clicking on the link! (Picture credit: © Chris Gash)

The stock market has surged back to record highs, and May's jobs report shocked Wall Street with a 2.5 million job gain, defying forecasts for another massive loss. But don't get carried away. Read more by clicking on the link! (Picture credit: Elizabeth

Fri, 12 Jun 2020 19:06:08 +0000

The stock market has surged back to record highs, and May's jobs report shocked Wall Street with a 2.5 million job gain, defying forecasts for another massive loss. But don't get carried away. Read more by clicking on the link! (Picture credit: Elizabeth Plumb)

Not all IPO stocks are created equal; just ask Shopify (SHOP) and numerous other tech companies such as Facebook (FB) and Google-parent Alphabet (GOOGL). Read more by clicking on the link! (Picture credit: © Chris Gash)

Wed, 03 Jun 2020 16:59:37 +0000

Not all IPO stocks are created equal; just ask Shopify (SHOP) and numerous other tech companies such as Facebook (FB) and Google-parent Alphabet (GOOGL). Read more by clicking on the link! (Picture credit: © Chris Gash)

A Parkland parent, Fred Guttenberg, and two gun safety groups are pushing the FTC to investigate Smith & Wesson, saying the gunmaker promotes AR-15-style rifles with marketing that "attracts, encourages and facilitates mass shooters" https://nyti.ms/3dm9L

Mon, 01 Jun 2020 18:02:07 +0000

A Parkland parent, Fred Guttenberg, and two gun safety groups are pushing the FTC to investigate Smith & Wesson, saying the gunmaker promotes AR-15-style rifles with marketing that "attracts, encourages and facilitates mass shooters" https://nyti.ms/3dm9Lmy

Roland Berger, once Germany's best-known management consultant, portrayed his father as a man of conscience who defied the Nazis. The truth is more complicated, a historian has concluded. https://nyti.ms/2XPYWTe

Mon, 01 Jun 2020 17:31:07 +0000

Roland Berger, once Germany's best-known management consultant, portrayed his father as a man of conscience who defied the Nazis. The truth is more complicated, a historian has concluded. https://nyti.ms/2XPYWTe

Join @nytimes columnist @dgelles in discussing the skyrocketing, double-edged sword of demand for household essentials with @SeventhGen CEO @JoeyBergstein. Tune in Tuesday 2:30 PM ET: https://nyti.ms/3gHEQTL

Mon, 01 Jun 2020 17:15:03 +0000

Join @nytimes columnist @dgelles in discussing the skyrocketing, double-edged sword of demand for household essentials with @SeventhGen CEO @JoeyBergstein. Tune in Tuesday 2:30 PM ET: https://nyti.ms/3gHEQTL

Facebook employees, in rare public criticism of their own company, are calling on Mark Zuckerberg to take stronger action against inflammatory posts from President Trump https://nyti.ms/3gHXfzQ

Mon, 01 Jun 2020 17:02:07 +0000

Facebook employees, in rare public criticism of their own company, are calling on Mark Zuckerberg to take stronger action against inflammatory posts from President Trump https://nyti.ms/3gHXfzQ

Major companies are often wary of conflict, especially in a polarized time. But in the wake of the death of George Floyd, some are taking a stand on racial injustice and police violence. https://nyti.ms/2MkAAfi

Mon, 01 Jun 2020 16:31:07 +0000

Major companies are often wary of conflict, especially in a polarized time. But in the wake of the death of George Floyd, some are taking a stand on racial injustice and police violence. https://nyti.ms/2MkAAfi

How 6 businesses that got loans from the Paycheck Protection Program’s $660 billion relief fund are faring https://nyti.ms/2ySOP7T

Mon, 01 Jun 2020 16:11:28 +0000

How 6 businesses that got loans from the Paycheck Protection Program’s $660 billion relief fund are faring https://nyti.ms/2ySOP7T

Cable networks are facing threats, and opportunities, in a national crisis. Now Fox is fighting back and CNBC is looking to the right. CNN is defined by its president, Jeff Zucker, and he may run for mayor of New York. https://nyti.ms/2TZ7iqE

Mon, 01 Jun 2020 15:28:27 +0000

Cable networks are facing threats, and opportunities, in a national crisis. Now Fox is fighting back and CNBC is looking to the right. CNN is defined by its president, Jeff Zucker, and he may run for mayor of New York. https://nyti.ms/2TZ7iqE

American households were struggling with rent long before the economy went into free fall, and there are signs that this pressure is building https://nyti.ms/2MePwvh

Mon, 01 Jun 2020 15:06:19 +0000

American households were struggling with rent long before the economy went into free fall, and there are signs that this pressure is building https://nyti.ms/2MePwvh

Dozens of countries that borrowed from private investors have debt payments coming due as their economies have crashed because of the coronavirus https://nyti.ms/2TWHVG0

Mon, 01 Jun 2020 14:34:37 +0000

Dozens of countries that borrowed from private investors have debt payments coming due as their economies have crashed because of the coronavirus https://nyti.ms/2TWHVG0

Coronavirus shutdowns have prompted publishers to delay release of hundreds of books that were scheduled to come out in spring or summer https://nyti.ms/3cjH9t2

Mon, 01 Jun 2020 14:02:05 +0000

Coronavirus shutdowns have prompted publishers to delay release of hundreds of books that were scheduled to come out in spring or summer https://nyti.ms/3cjH9t2

DealBook: ‘A heartbreaking and painful week’ https://nyti.ms/36MBdHO pic.twitter.com/bvzqPDATeF

Mon, 01 Jun 2020 13:31:03 +0000

DealBook: ‘A heartbreaking and painful week’ https://nyti.ms/36MBdHO pic.twitter.com/bvzqPDATeF

Investing 101

10 College Majors With the Worst Employment Rates

You’ll be blamed for the world’s problems

Time isn’t money, money is time #moneytalks #investing #investmentadvice

When it comes to information... #investmentadvice #personalfinance #personalfinancetips

Podcast: 10 Ways to Have Fun for Free or Nearly Free

Looking Rich, Being Rich #personalfinance #personalfinancetips

There are only 6 ways to get rich! #personalfinance #personalfinancetips

Take Some Risks #personalfinance #personalfinancetips

Don't Give Someone Else Total Control! #personalfinance #personalfinancetips

Live Like You’ll Die Tomorrow, But Invest Like You’ll Live Forever #news #moneytalks #investing

Buy when everyone’s freaking out, and sell when everyone thinks they can’t lose!

$400 For These Sneakers???

Kellog's CEO says "Breakfast is for Dinner"

Investing in Gold and Gold IRAs: 5 Things You Need to Know

Sea Ltd Is On The Verge Of A 100% Rally, Should You Buy?

Find A Qualified Financial Advisor

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Getting Involved

Fossil Group: Should You Bet On Consumer Discretionary In 2023?

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Fossil Group Sinks On Weak Results, Guidance

The Technical Outlook: Fossil Group, Inc Nears Bottom

BJ’s Wholesale Club Stock Moves Higher After Strong Results

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BJ’s Has Caps Record Year With Record Quarter

BJ’s Wholesale Club Returns Capital To Shareholders

The Technical Outlook: BJ’s Wholesale Club Is In An Uptrend

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Find A Qualified Financial Advisor

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Best Financial Books For Beginners

Best Financial Books for Beginners

1.“I Will Teach You to Be Rich” by Ramit Sethi

2. “Total Money Makeover” by Dave Ramsey

3. “Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence” by Vicki Robin

4. “The One-Page Financial Plan” by Carl Richards

5. “Rich Dad Poor Dad” by Robert Kiyosaki

6. “What To Do With Your Money When Crisis Hits: A Survival Guide” by Michelle Singletary

7. “Broke Millennial” by Erin Lowry

8. “Why Didn’t They Teach Me This in School?” By Cary Siegel

9. “The Millionaire Next Door: The Surprising Secrets Of America’s Wealthy” by Dr. Thomas J. Stanley & William D. Danko

10. “Personal Finance for Dummies” by Eric Tyson

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Forget ChatGPT. Nvidia Is The Real AI Winner…

An AI Arms Race

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Nvidia Is Benefiting from the AI Boom

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Countries With The Highest Number Of Bitcoin ATMs

Bitcoin ATMs Per Country

United States - 33,656.

Canada - 2,645.

Spain - 272.

Australia - 251.

Poland - 225.

Where Do The Other Countries Place On The List?

UK GDP Rose 0.3% In January, Stocks Muted Ahead Of Key US Jobs Data

UK GDP Rose 0.3% In January

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Cathie Wood Discusses Silicon Valley Bank Crash

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What a Pole Dancer Can Teach Us About Managing a Variable Income

The market is once again in a confirmed uptrend, but the stock market forecast is anything but clear. President Donald Trump testing positive for the coronavirus may only be the first of multiple October surprises for Wall Street. Read more by clicking on

Covid-19 is driving a massive shift to "contactless" digital payments as germ-wary consumers remain on Defcon-like infection alert and payment stocks scramble to respond. Read more by clicking on the link! (Picture credit: Chris Gash)

This summer, road trips both short and long have been all the rage as people shy away from breathing each other's air — whether it be on an airline or in a movie theater — during the coronavirus pandemic. Read more by clicking on the link! (Picture credit

This summer, road trips both short and long have been all the rage as people shy away from breathing each other's air — whether it be on an airline or in a movie theater — during the coronavirus pandemic. Read more by clicking on the link! (Picture credit

Amir Rasian certainly can brag about his portfolio. Thanks to big wins like Tesla and Gan, he’s up more than 25% just this year — easily topping the average U.S. mutual fund’s 2% loss and the flattish S&P 500. Read more by clicking on the link! (Picture

Investing in the stock market is one of the best ways to make more money, but you need a plan to succeed. One of the most important aspects of stock buying and selling is your timing. If you buy a quality stock before a big run-up in value and sell it at

Electric cars are still a niche market, but the coming year will put their mainstream potential to the test. Read more by clicking on the link! (Picture credit: Volkswagen/IBD Graphics)

Before flying from Philadelphia to Los Angeles in June, Alice Dailey pored over news articles to prepare for air travel in the coronavirus era, which tanked airline stocks and threw the industry into crisis. Read more by clicking on the link! (Picture cre

The coronavirus pandemic disrupted delicate global supply chains, dragging companies down with new costs, risks and challenges overnight. Read more by clicking on the link! (Picture credit: ©Chris Gash)

The biggest-ever shutdown of U.S. shale oil production sets the stage for another historic feat: turning it back on again. But for battered oil stocks, reopening the taps is the tricky part. Read more by clicking on the link! (Picture credit: ©Dave Cutler