A Market Wake-Up Call
What started off as a mood swing has now turned into a wake-up call. We’ve been able to ignore a slew of bad news for months. But now, the S&P 500 has dropped 8% since September 2, including four straight drops through today. Markets and investors are feeling a little anxious. There’s a lot to […]
Do You Have Too Much Money in Your Savings Account?
Is it possible to have too much savings? Or too big an emergency fund? Can you really have too much money in the bank? While everyone’s financial situation is unique, it’s possible you could be missing out on opportunities to grow your money. Other options for where to put your hard-earned cash, like an investment […]
IPOs: Boom or Bust?
Hot trend alert: 2020 could be the biggest year for initial public offerings (IPOs) in decades. The stock market had one of its best summers in recent memory. At the same time, over 100 companies went public from June to August in the busiest stretch for IPOs since 2000. Popular tech names like DoorDash, Airbnb, and Bumble could jump on the bandwagon soon. This week, an unprofitable software company named Snowflake pulled off a $3.4 billion IPO, the biggest of the […]
Everything You Need to Know About Researching Stocks
Tesla, Apple, Amazon … you know the companies, and you’ve probably heard them mentioned in stock market news a time or two. But how do you know if these stocks (or any stocks for that matter) are right for your portfolio? If you aren’t sure how to pick stocks, where do you even begin? You […]
Trading vs. Investing: What’s the Difference?
Two runners sign up to run a race. One runs at a consistent, comfortable speed all the way to the finish line. The other alternates between bursts of sprinting and periods of walking. It’s hard to predict who will win — much like it’s difficult to say which approach, between trading vs. investing, will put […]
Let’s Talk: What Is Redlining and How Does It Affect the Homeownership Gap Today?
Even as various individuals, organizations, and initiatives work to reduce the homeownership gap, the facts are still staggering. At the start of 2020, 73.7 percent of white households owned their homes — a vast difference from the 44 percent of Black households, 48.9 percent of Hispanic households, and 55.9 percent of other racial minority households […]
Keep Your Money Safe: Are Mobile Payment Apps Secure?
Have you ever lost your wallet? We’re all familiar with that feeling of sheer panic in the moment and the subsequent hassle of replacing all of that cash and lost credit and debit cards along with your ID. Wouldn’t it be nice if you could keep track of fewer cards or cash? Well, a mobile […]
Fall-itility
Goodbye, summer. Hello, fall-itility. Labor Day weekend has come and gone, and we’re all squeezing out those last precious moments of summer. But if you’re a market-watcher, your vacation may have ended a little early. Equities are lurching around again. While there hasn’t been a lot of damage done, the day-to-day swings have been tough […]
The Ins and Outs of Bond Mutual Funds
Want in on bonds but don’t know which to pick or where to start? Bond mutual funds could be worth exploring. When it comes to this type of investment, the name says it all. Just like a stock mutual fund invests in a basket of equities of numerous companies, a bond mutual fund invests in […]
The Amount You Actually Need in Your Emergency Fund
When it comes to emergency funds, one size does not fit all. The amount you’ll want to save will vary from other people and depends on factors like your income, monthly costs, and if you have any dependents. So, how much do you need in your emergency fund? The general rule of thumb is to […]
