When I was in college, I worked as a mutual funds advisor. This was in 2007, before the financial crisis that took place the next year.
I thought I was an investing genius because almost every client I talked to invested with me. So I thought everything I touched would turn into gold.
One year later, my personal stock portfolio was down 60%.
I learned an important lesson: Everyone’s a genius in a bull market. The two years leading up to the 2008 crash were great for many assets. Everything seemed to be going up.
Stock market volatility has been elevated since late 2021. Being among the stock investors who’ve gone through the market’s ups and downs, I can remember how things started. It was the day after Thanksgiving. Tech stocks began to dive hard, with many of the stocks […]
When it comes to investing, it’s easy to get swayed by what the news, rumors, and other people say. A lot of people want to make money in the stock market so they become careless. And lose their investments instead. There is conflicting information and […]
Investing in individual stocks can be both exciting and intimidating, especially for new investors. Without understanding the key metrics that determine a good investment, a stock investor risks losing their money. Investing in an S&P 500 index fund provides a more stable return over time. […]