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Trading Ideas

The Not-So-Secret Driver Behind the Market Rally

It’s a good time to be an investor.
The U.S. stock market is trading at record highs.
After wiping out its losses from when it bottomed on March 23, the S&P 500 is now up almost 9% for the year.
Even after enduring a 50%-plus drawdown, the tech-heavy Nasdaq has gained 30% just this year.

Click here to watch Nicholas’ latest video update.
Investing in U.S. stocks seems to be the ultimate wealth plan in 2020.
Yet even the bulls will concede that the recent bull run is hardly typical.
And some have an ominous feeling the stock market isn’t quite as healthy as it seems.
Today, I …read more […]

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Trading Ideas

How to Become Financially Literate

What’s the best way to ensure your financial success for the long term? Crack the books, take a class, hire someone?
Actually, those are all great ways to become financially literate. Financial literacy is a lifelong journey — it’s not one that you can read about in five minutes or learn through osmosis (unfortunately).
Becoming financially literate involves five clear steps. Here’s how to build your library of financial knowledge.

What is Financial Literacy?
First, what are the basics of financial literacy, anyway?
Learn How to Budget and Track Spending
One of the most important areas of financial literacy is learning how to …read more […]