Just a little context before I share these habits. These habits didn’t just help me become the successful trader I am today… They also helped me succeed with my other businesses. In other words, while I hope they help you become a more profitable trader going forward, don’t be surprised if they help you get…
You’re technically in the middle-class if you earn between $47,189 to $141,568. For years, you could probably get by with a decent middle-class income, but now, inflation, debt, and interest rate hikes have unlocked a new level of financial discomfort. Soon, the middle class won’t exist anymore. And when that sad day comes, only few…
As expected, stocks tumbled following the release of the September CPI report. The Consumer Price Index (CPI) — a measure of prices consumers pay for goods and services — increased by 0.4% in September and rose by 3.7% year-over-year. This exceeded economists’ forecast of a 0.3% monthly increase and a 3.6% annual increase. Unsurprisingly,…
On Tuesday, I published a short piece on how the Israel-Gaza war had created an excellent opportunity for oil investors to score a five-figure profit this month. Here’s another example of strong news + market sentiment = profitable setups. The market loves low interest rates and detests data that supports more interest rate hikes. Take…
Since the Middle East is a central oil-producing region, geopolitical conflicts can significantly impact global oil prices due to concerns about supply disruptions. For example, here are some of the significant complexities and potential consequences of the current Israel-Hamas conflict on global oil prices… Oil and natural gas prices jumped after Hamas’s surprise weekend…
As I said in yesterday’s piece (money lesson from the mortgage crisis), the new cost of home ownership equates to paying over 2x your purchase price, which means rising costs could easily dwarf your wages unless you have a secondary income stream. Today, I want to discuss another factor that could be widening the gap…
With mortgage rates climbing, homeownership costs are becoming increasingly out of reach for the average American family. And worse, demand is at its lowest since 1996. It’s a mortgage crisis! For some, this is terrible news. But as I’ll explain briefly, there’s a money lesson here. Something that can inspire you to seek better opportunities…
Bill Ackman is one of the smartest billionaire investors of his time. He’s a Harvard grad (which explains his deep connections on Wall Street) and the founder of Pershing Square Capital, a leading hedge fund worth around $7.8 billion. But more importantly, Bill Ackman is the guy who turned $27 million into $2.6 billion in…
Over the last decade, I’ve shared as much helpful info as possible whenever a reader asks about growing wealth by diversifying their portfolio by invest in stocks. But guess what? I just remembered that I should publish something (no matter how small) on my website. So, if you have any questions about stocks, please see…
After Republicans rejected Speaker McCarthy’s effort to keep government offices open… I honestly thought a shutdown was inevitable, but thankfully… The Senate passed a last-minute spending bill Oct 31st night, averting a federal government shutdown that would’ve been devastating for millions of Americans. How devastating? Well, without a deal in place, over two million Americans…