Buying Cryptocurrency 101

Cryptocurrencies have been with us since 2009 when Bitcoin was introduced. A cryptocurrency can be bought a sold via the internet using a decentralized network. It is an efficient way to transfer money and to hold wealth outside of the system of fiat currencies, precious metals, and property. Although Bitcoin was the only cryptocurrency to begin with, by 2020 there are more than 6,000 cryptocurrencies.  The value of various cryptocurrencies has gone up substantially over the years and at times has fluctuated widely. It can be hard to get a handle on all […]

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Will the Market Crash Again in 2020?

The stock market started the year strong and then come the coronavirus pandemic and the market crashed. The stock market as a whole has largely recovered from the covid-19 crash. But, with a weak economy and no substantial stimulus, will the market crash again in 2020? If you look at how things played out in the wake of the 1929 market crash you see that the market crashed, partially recovered, fell again, and partially recovered and continued in a downward course until 1932.

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Pros and Cons of Dollar Cost Averaging

Many investment advisors suggest that the average investor should use a technique called dollar cost averaging when investing. This approach lets you buy fewer stocks when the price is high and accumulate more when the price is low. It is a disciplined approach that avoids trying to time the market. By setting an amount that you want to invest every payday, month, or quarter, you set up an investing plan that is reliable and likely to succeed in accumulating wealth over the years. This having been said, what are the pros and cons of dollar cost averaging?

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Weaker Dollar and Your Investments

The US economy is going to need more stimulus money to recover and that will drive the dollar down. How about a weaker dollar and your investments? A weaker dollar is often good news for US exports but how does that work out in a world where every economy is weak and nobody has the money to buy anything? Let’s look at how a weaker dollar might affect the various sectors of the stock market.

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Stock Market Response to Election Uncertainty

The presidential election promises to be close again this year. What will be the stock market response to election uncertainty? Traditional thinking is that Republicans are pro-business and that Democrats are not. Thus, you might think that the stock market would fear a Biden presidency, welcome four more years of Trump, and move accordingly as polls indicate. But, our sister site, Profitable Trading Tips noted, in an article about how the market will respond to a Biden presidency, that the market is more likely to go after a Democratic victory than a Republican one. But, what happens when the election is going to be close?

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Companies Under Nasdaq

If you want to find stocks in the tech sector and especially growing companies, look for companies under Nasdaq. Nasdaq ranks just behind the New York Stock Exchange in daily value of shares traded. It was founded in 1971 was the first electronic stock market in the world. Nevertheless, it functioned as a quote system initially. Because it lowered the bid to ask price difference for trades, it was popular with traders but not with brokers. Today Nasdaq is where you can trade the world’s largest tech companies

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MSFT Stock Nasdaq

Those who invested early in the MSFT stock Nasdaq listed more than thirty years ago are rich. But, even today Microsoft is one of the best tech investments. Anyone who purchased a few share of this stock when it went public in the late 1980s has seen their investment grow about more than 1,000-fold with stock splits and an increasing share price. The current quarterly dividend of Microsoft is $0.51. This is more than twenty times the original share price and will be paid out four times a year! Tech stocks have driven the stock market since the Financial Crisis and have proved to be somewhat immune to the effects of the covid-19 crisis. In fact, they may be propelled by the move online as social distancing becomes the norm. Here are some useful bits of information if you want to invest in MSFT.

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Will AI Replace Investment Bankers?

Computers are getting smarter every day and artificial intelligence is moving into businesses like banking and replacing jobs. But will AI replace investment bankers?

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Is Gold a Good Investment Now?

Gold is always a useful part of an investment portfolio. Although gold prices may fluctuate over the short term, gold maintains its value over the years. Gold is an excellent long term hedge against the devaluation of paper currencies and investments like stocks and bonds that are denominated in these currencies.

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