No Picture
Trading Ideas

Credit Card Pros and Cons

When looking at the pros and cons of credit cards, a few things stand out. If you’ve ever owned a credit card, you know it’s easy to slip into bad habits. Don’t have enough money in your account? Put it on the card. Waiting for payday? Put it on the card. Credit cards aren’t all bad though. In responsible hands they can provide a lot of benefits.

Let’s take a deeper look at the most obvious credit card pros and cons.
Pros of Credit Cards
Credit Building
Whether you like it or not, we live in a culture of debt. Much of our society …read more […]

No Picture
Trading Ideas

What the Church’s Latest Debate Means for Your Portfolio

Earlier this month, I mentioned that I lend a hand to a religious foundation that manages $100 million in stocks and bonds for churches.
My role is twofold: I monitor the money manager, and I also help raise money for the foundation.
Many investors think that the church and the market have very different agendas and motivators – but that’s not always the case.
The foundation I volunteer with follows a practice called socially responsible investing (SRI). You may have heard of it, or you may be familiar with its cousin: environmental, social and governance (ESG) investing.
SRI is a very broad term that …read more […]

No Picture
Trading Ideas

U.S. Treasury's Mnuchin says he has learned his lesson on dollar comments

U.S. Treasury Secretary Steven Mnuchin said on Saturday he had learnt the hard way to be guarded in his comments on the dollar after roiling financial markets in 2018 by breaking from the usual language about the currency. Two years ago at the World Economic Forum in Davos, Mnuchin sent the U.S. currency reeling when he said he welcomed a weak dollar. “One of the things I’ve clearly learned as treasury secretary, I’m very careful about my comments on the dollar, because two years ago in Davos, I sneezed, and I said something that I thought was …read more […]

No Picture
Trading Ideas

Stop Loss Order Explained with Examples

A common fear people have about investing is that it’s gambling. They think they would lose on average. But that’s not the case and investors who lose often have a common trait—they don’t know when to leave the game. Having an exit strategy is important, and a stop loss order can be a crucial part of that strategy. Designed to minimize losses and possibly lock in gains, stop loss orders can be an investor’s best friend.
What is a Stop Loss Order?
A stop loss order is a command to sell a security at a certain price. The goal is to limit …read more […]