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At certain points this year the S&P 500 has been up 8% and down 30% from where it finished 2019. It’s currently up around 8% on the year. The Nasdaq 100 has been up as much as 43%, down as much as 20% and currently sits at a 35% gain in 2020. The Russell 2000 … Read more
How to secure your child’s financial future. Isn’t that the dream of every parent? To provide a secure financial future for their children? Just imagine how grateful your kids will be when they will be 50 years old and they will not have to work for money, Imagine how proud they will feel about you … Read more
One of the most common questions I get is how to start investing with little money. That’s a good question and I prefer to hear that, instead of, I will invest when I will have money. If you wait to invest when you will have money, probably you will never invest. Some people will go … Read more
Books are your best friend to obtain financial literacy. What school didn’t teach you, what your parents didn’t teach you, what society didn’t teach you, you can learn it from books. Wealthy people devote at least 30 minutes per day reading. The average person reads 30 minutes per year. Books are fundamental on your path … Read more
I am a big fan of passive long term investing. Why? Because it’s very simple, low cost requires a few hours per month and it performs better than any actively managed hedge fund. I make my investments through ETFs. The broker I use to buy the ETFs is Interactive Brokers. Click here to open a … Read more
The trick is to look at your portfolio as a single asset and to manage your holdings in a way that keeps that portfolio near its highs. Compounding is defined by Investopedia as “the process in which an asset’s earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.” The … Read more
What is a stock split? A stock split occurs when a company increases the total number of outstanding shares for the price of the same share, effectively breaking one share into several smaller whole shares. For example, a company could do a 4-for-1 stock split, where one $100 share would then become four $25 shares, … Read more