Buying and selling stocks is one of the most popular ways to build wealth. It takes very little capital to purchase shares of a mutual fund or ETF and create a relatively diversified portfolio. Best practices encourage starting early and making regular contributions. In return, you could achieve enough gains
Andrew Carnegie famously said, 90% of millionaires built their wealth by owning real estate. “More money has been made in real estate than in all industrial investments combined.” Even though he made these comments in the late 1800’s most millionaires today continue to agree with his statement. The challenge is
In June 2022, New York Times headlines declared, “Consumer Spending Weaker Than Reported, a Bad Sign for the Economy.” CNN proclaimed, “The US economy shrank 1.6% in the first quarter (2022), adding to recession fears.” NPR announces, “Job cuts are rolling in as recession fears rise.” Investors have a keen
Warren Buffet is famous for saying, “Be fearful when others are greedy, and be greedy when others are fearful.” Officially entering a bear market in June 2022, the stock market has retracted by 20% since January. Cryptocurrency plunged from $68,000 in late 2021 to $21,035 on June 24, 2022. The
