How to Take Advantage of Opportunities in a Recession
Over the last few months, whether via business news sites or otherwise, you’ve probably heard the phrase “U.S Recession” making various headlines as a main topic of discussion. While the jury is still out about whether the U.S economy is headed for a recession or not, it is becoming increasingly probable that an economic downturn […]
US Stock Market Picking Up. Will it last?
Stocks rose sharply on Friday making it the fourth straight positive week for the S&P 500 as investors celebrated reports of inflation cooling to 8.5% in July.The S&P 500 rose 3.25% on the week and is on track for its longest weekly winning streak since November 2021. The Dow was up 2.92% for the week, […]
What in the Elon Musk is happening at Twitter?
In case you missed it, the world’s richest man, Tesla CEO Elon Musk, is in the market for a new shiny toy and has set his sights on acquiring none other than public information sharing platform Twitter. Over the last 14 days there have been numerous developments in the Musk-Twitter saga so here’s everything you […]
US inflation rose 8.5% in March, a 40-year high
The US inflation rate rose 8.5% in March, the highest increase since 1981, the Bureau of Labor Statistics reported on Tuesday (April 12). The increased inflationary rate follows a surge in the cost of energy and food as evidenced in the US consumer price index. The monthly rise was 1.2 per cent, the fastest jump […]
The importance of paying off your credit card.
Given that interest rates have been increasing and are very likely to continue increasing for at least the rest of the year, I want to ensure that all my money team is financially well off. So let’s talk about credit cards. You know I got you! So let’s get into it. Credit cards can be […]
Should Investors expect another Roller Coaster Ride in the Stock Market?
Publicly traded real estate company, Kingston Properties Limited (KPREIT), has announced that it will be offering new shares to investors through an Additional Public Offer (APO). The APO will see KPREIT, which currently trades on the Main Market of the Jamaica Stock Exchange, issue a new set of corporate shares to the public. With its […]
How to have a healthy financial life
April is financial literacy month and I wanted to ensure that all my money team is financially well off. You know I got you! So let’s get into it. We try to eat right, get exercise, take our vitamins and drink lots of water to keep our bodies healthy and build our immune system. What […]
Are April Stock Market Gains On The Horizon?
Following a 3.6% rise in the United States Stock Market in March, the month of April could promise numerous gains for stock investors as the market begins its rebound from a less than favourable start to the year. The positive turnaround means that the S&P 500 has been able to successfully recover more than half […]
How much Money Do you need to be Financially Free?
You’ve probably heard the term ‘Financially Free’ before, but what does it really mean? Financially Freedom occurs when you can comfortably meet monthly bills and have some excess for wants. When you are no longer dependent on your salary, you are financially free. Can’t imagine not being dependent on your salary? It sure does sound far-fetched, […]
Amazon Making Big Moves with Stock Split and share buyback
American multinational technology company is again looking to increase shareholder value via stock buyback and stock split initiative. On Wednesday the company announced that it has received approval from its Board of Directors to move ahead with a $10 billion buyback of the Company’s common stock. A share buyback refers to the repurchasing of shares […]