American savers have lost $500 billion to $600 billion in interest payments on bank accounts and money market funds thanks to the Federal Reserve’s post financial crisis policies, according to Wells Fargo analyst Mike Mayo. Mayo included the statistic in a research note about the Congressional hearing scheduled for Wednesday called “Holding Megabanks Accountable: A…Read More American savers lost an estimated $500 billion due to low interest rates since the financial crisis
Smart people sometimes make dumb mistakes when it comes to investing. Part of the reason for this, I guess, is that most people don’t have the time to learn what they need to know to make good decisions. Another reason is that oftentimes when you make a dumb mistake, somebody else—an investment salesperson, for example—makes…Read More How to Avoid Making Dumb Investment Decisions
A young person who is new to driving eventually does something a little dangerous. She drives a bit too fast or stays on the road after it begins snowing or engages in a conversation on a cell phone or elects to drive home after consuming a beer. It’s human nature to want to test the…Read More Did The 2008 Crash Cause People To Become More Confident In Buy-And-Hold Or Less So?
For personal finance, the investment decision making is a complex process. It involves many variables. In the video below, we will learn how to consider many variables in the investment decision making process. Transcript: Why should an investor establish an investment plan? It’s very important for investors to have to go through a certain process…Read More Investment Decision Making Process For Personal Finance
Let’s face it: You’re never going to be as wealthy as Warren Buffett. He’s a one-of-a-kind success story that’s spawned countless imitators — none of which have come close to rivaling his generational dominance. But you can still use Buffett’s core investing techniques tenets to your advantage. And Credit Suisse is here to help you.…Read More Credit Suisse studied 20 years of Warren Buffett’s acquisitions in order to replicate his approach — and it’s identified 12 stocks you should buy right now
Investment decision making process requires prudence. Whether the amount is small or big, you need to have complete information about the place or field where you are going to invest it before making any decision. Investment decision is most often made with a purpose to accrue good returns in future. Investment is like a source…Read More Investment Decision Making Process
It may be an earnings season to forget DataTrek Research’s Nicholas Colas believes the upcoming round of quarterly numbers will be the most contentious in about three years, and he’s worried they could spark the next stock market downturn. “Right now expectations are for a negative 3.9% comp from last year. That’s the worst comp…Read More Wall Street will likely see worst earnings season in about three years, Nick Colas warns
The top-ranked wealth manager in the US says a few simple pointers can help millennials and other young investors avoid major mistakes as they decide what to do with their money. Jeff Erdmann of Merrill Lynch’s private banking and investment group has topped Forbes’ list of the best wealth managers in America for three years…Read More America’s No. 1-ranked wealth manager for the ultrarich breaks down the 3 mistakes every millennial investor should avoid — and what they should do instead