Posts Tagged ‘Investing’
Silicon Valley Bank đŚ
While spring approaches, markets have grown turbulent on news of potential problems in the banking sector after the rapid closure of Silicon Valley Bank. Nearly every year, the FIDC puts a few banks into receivership. As a result of the Global Financial Crisis (2008-2009), 157 banks failed by 2011. The total assets affected during that…
Read MoreMillennial Money
Millennials. Those born between 1981 and 1996; ranging in age from 26-41 years old. VHS, Windows â98 startup sound, Blockbuster Friday nights, those never-ending strawberry candies at your grandmotherâs house, watching âThe Price Is Rightâ when you were âsickâ at home from school, Nintendo 64 – the list goes on and on. Bring up nostalgia? …
Read More2023 Important Numbers Chart
“How much can I contribute to my 401k?” “What is the standard deduction for this year?” “Am I eligible to use a Roth IRA?” Take a look at this handy “2023 Important Numbers” guide to answer these types of questions! Follow the link below for a free, full downloadable chart! https://branwealth.com/wp-content/uploads/2023/01/Important-Numbers-2023.pdf
Read MoreIs Cash King?
While the origin of “cash is king” is unclear, it is a phrase that became popularized following the global stock market crash of 1987 by Pehr G. Gyllenhammar, then CEO of Swedish car group Volvo. Cash is flexible and can be likened to short term personal insurance against negative life circumstances. That is one reason…
Read MoreThe Important Lessons Gratitude Can Teach You About Money
When you think of gratitude and money, you probably donât imagine the two go hand in hand, but the connection is undeniable. Gratitude has the power to boost serotonin and prompt the brain to produce dopamine, the chemical that makes you feel âgood.â So, the more you practice gratitude, the better youâll feel. Itâs not…
Read More5 Ways To Make Money In The Stock Market
âHow do I consistently make money in the stock market?â – the question all investors want to answer! Oftentimes, people look at capital markets as a way for investors to âoutdoâ the other investors. Market timing, picking âhot stocksâ, and calling the bottom are all feeble attempts at trying to outplay the market as a…
Read MoreThe Fed Hiked Interest Rates: What This Change Means For You & Your WalletÂ
Youâve seen the headlines: âThe Federal Reserve hiked interest rates to historic levels.â They raised the target federal fund rate by 0.75%, which marked the most significant increase in 28 years. While this news might sound bad, donât panic! Here is what this interest rate means for you, your wallet, and the economy. Why Did…
Read More4 Smart Ways To Invest In Cryptocurrency
Cryptocurrency has quickly become a mainstream alternative investment strategy. Itâs a digital form of currency that can be exchanged online for goods and services (depending on the company)âessentially, itâs virtual money. If youâve gotten this far in your research, you probably know that cryptocurrency is a highly volatile market that isnât for the faint of…
Read MoreInvesting Math for Everyone
Math numerically expresses objective facts and reveals patterns. How can everyone evaluate the massive amount of numbers and invest with confidence? Markets go up and down daily, appearingly randomly. This leads some to see markets as a gamble or unreliable. We hope to show that everyone can focus on the time frame in order to…
Read MoreInvesting & the Dunning-Kruger Effect
Everyone wants to be viewed as competent, skilled, or excellent at tasks we undertake. Social psychologists David Dunning and Justin Kruger observed the tendency of the unskilled to overestimate their own ability, without ever knowing that they lack skill. Their 1999 paper, “Unskilled and Unaware of It: How Difficulties in Recognizing One’s Own Incompetence Lead…
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