Personal Finance
Is Bitcoin a hedge against stock market risk, like gold, as some early investors hoped? Or something entirely unrelated to investing, a new, extra-official currency, as its creators seemed to intend? The answer could affect investment decisions valued in hundreds of billion of dollars and directly affect Bitcoin’s future valuation. Part of the appeal of […]
The recent swings in the stock market have taken a heavy toll on investors, particularly those who were betting, some with borrowed money, that volatility would continue to remain low. After years of market stability, investment firms began offering ETFs that allowed investors opportunities to profit from a stable stock market environment. These funds were […]
Bond guru Jeff Gundlach, founder of DoubleLine Capital, not long ago said that the bond bull market would end if yields on the 10-year U.S. Treasury approached 3%. Yields already have crossed the 2.6% level, which Gundlach predicted would be a negative headwind for stocks. Currently, the 10-year is sitting just beneath this level due to […]
Millennials, people under the age of 35, are in the driver’s seat when it comes to speculating on cryptocurrencies and cutting-edge investments such as marijuana stocks. Investment accounts opened initiated by people under the age of 35 catapulted by 72% in 2017, reports TD Ameritrade. “Clearly, the two biggest stories of the quarter were the […]
The Financial Industry Regulatory Authority (FINRA) has taken new steps to identify and weed out high-risk brokers. Under pressure from both investors and lawmakers, the industry-run regulator has created a dedicated examination unit. The unit already has identified between 100 and 200 rogue reps. This is a significant improvement over previous FINRA security measures, which […]
Are the good times over? That’s the question on the mind of many cryptocurrency hedge fund managers. Bitcoin’s phenomenal thirteenfold rise in 2017 helped these firms provide astronomical returns for their clients. Data from an index of 17 hedge funds reveals an almost 3,000% rise in 2017. By comparison, the average return of the worldwide […]
Global financial analysts are advising enterprising investors to consider investing in burgeoning frontier markets via exchange traded funds (ETFs), bonds and to a lesser degree, mutual funds. Financial analyst David Dali, a strategist for Matthews Asia, said that investors who take strategic advantage of frontier markets right now are primed to profit in the future. […]
Palladium recently traded at a new high of $1,132.50 on Jan. 15. That’s more than double the low price of $473.80 around the same date in 2016. Investment and financial industry analysts now believe that the months-long palladium rally could surge past the value of gold sometime in 2018. The recent gold high was $1,342.50, […]
JPMorgan Chase will begin offering robo-advisor wealth management in 2018. The tentative launch date is March for their new financial technology advisement services. Chase is not the only financial industry giant to begin offering robo-advisor services either. In 2017 Merrill Lynch, Morgan Stanley and Wells Fargo successfully launched versions of their own robo-advisor services. Robo-advisors are […]
Now 29 states have legalized medical marijuana, starting with Alaska in 1998 and most recently West Virginia in 2017. Many cities, including Washington D.C., Atlanta, Chicago, Houston, Miami and Detroit have decriminalized small amounts of marijuana and have replaced jail time with fines. The sweeping change in laws has allowed entrepreneurs to step up to […]
