An inverted yield curve is one of the market's most reliable recession indicators, and has predicted seven of the last recessions in the United States. We'll explain in this article the yield curve, and discuss why it inverts. Most importantly, we'll discuss what to do when the yield curve inverts. Inverted yield curves look a lot like this road What is a Yield … [Read more...] about What Does an Inverted Yield Curve Mean?
Financial Products
Reddit Wall Street Bets User Turns $5k into -$58k
Reddit users on Wall Street Bets are famous for turning a lot of money into nothing, and 1RONYMAN upped the ante by realizing a -1,833% loss, turning his $5k investment into -$58k. His loss has been memorialized here, and a summary of his losses are in the image below: u/1R0NYMAN turned $5k into -$58k What is a Box Spread? When trading options, a box spread is a … [Read more...] about Reddit Wall Street Bets User Turns $5k into -$58k
What’s a 401k Rollover – Should You Rollover Your 401k?
When you change jobs or retire, you have some options to consider for your 401k. You can transfer your 401k into an IRA, leave the money in the 401k, or cash it out. Transferring to an IRA is known as a 401k rollover, and is generally your best option. We'll discuss what a 401k rollover would do for your retirement, and discuss whether it will be the best option for … [Read more...] about What’s a 401k Rollover – Should You Rollover Your 401k?
Travel for Free with Credit Card Churning
When we were taught how to properly use credit cards, not many of us learned about credit card churning. Credit card companies are in an arms race to add customers, offering incredible sign up bonuses after you spend enough money. Some bonuses are over a thousand dollars in value. A growing number of credit card spenders known as "churners" are capitalizing on this. … [Read more...] about Travel for Free with Credit Card Churning
Why You Shouldn’t Pay Down Student Loans Early
Should you pay down student loans early? Conventional wisdom says yes, and was reinforced at a SoFi event in San Francisco earlier this spring. They called up one of their members - she paid off her student loans early, and received a huge applause. I was not one of the people clapping. The member would have doubled her money's return had she invested instead. When you … [Read more...] about Why You Shouldn’t Pay Down Student Loans Early