bubbly and
delicious might be more descriptively accurate when talking about champagne. However, it is not too difficult to imagine giddy salivation among the owners of Bitcoin, or Tesla stock.
And, while some might be more stringent in their terms of definition and applicability, investors in stocks, bonds, real estate, etc. – pretty much anything with a $ sign in front of it – might want to rethink the current state of affairs as it pertains to valuation of their financial assets.
According to Merriam-Webster, a
bubble is “a state of booming economic activity (as in a stock market) that often ends in a sudden collapse”.
If there is anything in this world that is the root reason for most things to happen, that thing has to be money. Just think about it for a minute, every possible service or product you need has to be exchanged for currency. Be it education, healthcare, housing, and any other need we humans have. Even if you receive one of the above for free, cash had to exchange hands at one particular time. It might have not been your hands but someone else’s, but the exchange did happen.
So how do we train our minds to become money-wise? And how do we utilize it to the best of our ability without regrets in the future? Today you are in luck as we will lay it bare how to become a guru at utilizing your money for maximum gain. If you want to become money smart, then keep reading.
Stocks keep cooling off at their highs, and calling for a correction still seems to be many a fool‘s errand. Does it mean all is fine in the S&P 500 land? Largely, it still is.
Such were my yesterday‘s words:
(…) It‘s still strong the stock market bull, and standing in its way isn‘t really advisable. With the S&P 500 at new highs, and the anticipated slowdown in gains over Friday, where is the momentary balance of forces?
Still favoring the bulls – that‘s the short answer before we get to a more detailed one shortly.
The anticipaded gold rebound is underway, and