The concentrated rally in US markets this year isn’t out of the ordinary. Doubters would have you believe the market is on shaky ground with the rally being led by so few names. But the same prognosticators fail to recall that rallies following bear market recessions typically feature a concentrated move at the top before broadening out.
Placing one’s life savings in assets that may lose value can be fraught with emotions, high and low. When the market turns down and emotion sours, reminders like, “Valuations are more attractive than they have been,” or, “The only guarantee in investing is that cash loses value to inflation,” fall flat. They’re just too sterile for most of us.
With the market turning to debt ceiling concerns, I thought a few words on the subject may add the context necessary to stick by your investing values.
Want your kids to appreciate the value of money? Don’t spoil them! Follow these tips to teach them money management skills.
ChatGPT is a software synthesizing data from across the internet to build a tool able to generate human-like responses to a wide range of prompts and questions.
Are you a business owner with significant wealth tied to your company? Here’s how - and why - you should keep your personal finances separate.