For anyone interested in crypto, the CFA Institute just published an excellent document in my opinion to explain what crypocurrency is, what it is not, and what it might become in the future: Even if you’re not into crypto, I…
Author: Eman
I’m a little late to the party, but I finally purchased some cryptocurrency last month, $15,000 worth of Ethereum, and the results so far have been a little ridiculous. 90% gain in less than a month: At a high level…
Mortgage rates have hit all-time lows almost every month since spring 2020 and I still haven’t refinanced yet: My mortgage rate is currently 3.375% but I think I might be able to get a 30-year rate for 2.75% which would…
Very fascinating explanation in my opinion about why the stock market boomed in 2020 even though COVID substantially reduced spending in certain sectors and caused millions of Americans to lose their jobs: Essentially the government pumped a ton of money…
In spite of COVID the stock market had a relatively good year in 2020. The S&P 500 (or the “market”) which just measures the stock performance of 500 large companies listed on US stock exchanges finished 16.3% higher in 2020….
“A rising tide most definitely did not lift all boats. It didn’t even lift most of them, as nearly all of the benefits of growth these past 45 years were captured by those at the very top.” According the report…
A significant portion of these ‘coffee deposits’ end up going unused. Since Starbucks digital and physical gift cards have no expiration date, Starbucks uses historical data to estimate how much the company expects will never be redeemed. The company describes…