According to data from Envestnet, many American’s used their stimulus checks to trade stocks. As reported by CNBC, Envestnet estimated that those earning between $35,000 and $75,000 increased stock trades by 90% in the week after they received their stimulus check. Checks went out beginning the April 13. Since April 13, the S&P 500 is […] Read the full article…
Fidelity Investments wrote an interesting retirement piece that creates an age-based rule of thumb for how many multiples of earnings are needed for retirement. The rule of thumb model is based on a core set of assumptions we’ll cover later, so it’s important to know that the number here should be considered a starting point […] Read the full article…
In his recently released 3rd edition of “Irrational Exuberance,” Nobel Prize winning economist Robert Shiller asserts that, “This is not the golden age for investing and we shouldn’t assume that it’s going to be as it always was.” The historical assumption of 10% market returns may not hold true for the future. The core argument […] Read the full article…