Short Relief in the US Market
Stocks on Wall Street raced higher on Friday to snapping a punishing losing streak that had almost ended its bull market. Investors’ optimism over the course of the week was boosted by a slew of earnings results and economic data which helped to pull major indexes away from their lows of the year. For months, investors […]
A Bear Market Is Near
Investors’ deep pessimism about the health of the global economy and the buying power of the American consumer was evident in market trades last week. U.S. stock futures bounced Friday, one day after continued selling on Wall Street that saw the S&P 500 close on the doorstep of the joining the Nasdaq in a bear market. Those two stock benchmarks […]
How to Have More Security & Peace of Mind Around Money
Peace of mind with money comes when you do not have to worry about money. You take comfort knowing your bills will be covered everything month and you have sufficient investments to secure your future. Anyone can have this peace of mind about their money; it just requires a few smart moves. Establish an Emergency […]
How to Build Wealth When You are Busy and Don’t Have the Time
You are clocking 10 – 12 hours per day on the job… you have kids… you manage your household and any other duties that come up. You are just too busy to think about your money and build your wealth. You don’t even know where to start. You are just happy to get your paycheck, […]
Five things to consider before making investment decisions
What should I buy? When should I buy? When should I sell? Will this investment help me to reach my goal? Do you ask yourself all those questions before you make an investment decision? Don’t you wish you could just invest in anything, leave and then bam…you’re rich? I do too, but that’s not how […]
Budgeting in Abundance (50/30/20 Rule)
Budgeting and Abundance – an unlikely pair but a possible pair. When we think about budgeting, the words that typically come to mind are cutbacks, sacrifices, no extra money, etc. Budgeting is actually a good thing. It’s a practice that allows you to manage your money and not let your money manage you. It doesn’t […]
Why High US Inflation Could Spell Danger In Months To Come
With the US inflation rate now at the highest it has been in four decades, after rising 8.5% in March, consumers should brace for resultant economic changes, including rising interest rates, in the months to come. According to the Bureau of Labour Statistics, the latest inflationary increase represents the highest increase since the year 1981 […]
How to Get that Deposit to Buy Your Home
Have you seen the price of houses lately? Trust me…they are not cheap. Do you wonder then will you ever be able to save enough to buy your first home with all your other competing financial obligations? What if I told you, you could get that deposit together for your first home through investing, much […]
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 […]