Introduction: In the ever-evolving landscape of financial markets, the resurgence of FOMO (Fear of Missing Out) is undeniable. Traders are making bold moves, shifting away from the perceived safety of cash and diving headfirst into a realm of risk assets, chasing quick profits and riding the wave of a renewed appetite for speculation. This blog post delves into the dynamics of FOMO, dissecting the balance between fear and greed that underpins market movements. The Psychology of FOMO: At its core, FOMO is a manifestation of greed, despite the “F” standing…

Introduction: As the economic landscape evolves and tax laws undergo changes, it’s crucial to regularly review your financial situation to ensure you’re making the most of available opportunities. Tax accountant Vinay Navani of WilkinGuttenplan shares valuable insights on tax-related considerations for various aspects of personal finance. From investment strategies to remote work implications and clean energy incentives, here are nine tax tips that could save you money now. Put Investment Losses to Work for You: Explore tax-loss harvesting to sell underperforming assets. Use losses to offset capital gains, potentially saving…

In the world of finance, veterans often rely on the Cboe Volatility Index (VIX) to gauge the market’s anticipation of volatility over the next 30 days. However, a curious scenario has emerged as VIX languishes in the 12-13 range despite historical precedents of higher levels during periods of investor optimism. This prompts us to explore the question: Has volatility been permanently subdued, or are there underlying factors at play that might suggest a different narrative? The Nature of VIX: More Than Just a Fear Gauge It’s crucial to dispel the…

In the ever-evolving landscape of the stock market, the spotlight has consistently shone on the Super-7 – a formidable group comprising Apple, Microsoft, Amazon, Alphabet, Netflix, Nvidia, and Tesla. These technology behemoths have been the driving force behind the market’s stellar performance in recent years. As we venture into 2023, investors are understandably curious about what the future holds for these giants. In this blog post, we explore the challenges and reasons for optimism surrounding the Super-7. The Rise of the Super-7 The Super-7 emerged as a collective term for…

In the dynamic world of finance, the specter of bankruptcy looms as a significant challenge for investors. After more than a decade of declining bankruptcy cases in the United States, a notable shift occurred in 2023. Two of the largest corporate bankruptcies in history took place, with Silicon Valley Bank and Signature Bank taking the unfortunate lead. In this blog post, we delve into the recent trends in bankruptcy filings and explore how investors can navigate the storm when a company they own faces financial distress. The Changing Landscape The…

Investing in the stock market has traditionally been associated with purchasing whole shares of a company’s stock. However, with the advent of fractional shares, or dollar-based investing, investors now have the flexibility to invest a specific dollar amount rather than being constrained by the price of individual shares. In this blog post, we will explore the concept of fractional shares and how this innovative feature can revolutionize your investment strategy. Understanding Fractional Shares Imagine you have $20,000 that you want to invest, and you’ve identified a stock or ETF trading…

In the hustle and bustle of daily life, finding the equilibrium between enjoying the present moment and planning for a secure financial future can be a challenging feat. From bills to insurance to retirement, the myriad of financial responsibilities can feel overwhelming. However, with a strategic approach and a well-thought-out plan, you can strike a balance that allows you to relish life today without compromising your financial well-being tomorrow. Here’s a comprehensive guide to help you navigate this delicate balancing act. 1. Create a Financial Plan Begin by envisioning your…

Our pets hold a special place in our hearts, offering unconditional love and companionship. For many, these furry friends are considered family members, deserving of the same level of care and consideration in estate planning. While the notion of leaving a substantial inheritance to a pet may seem intriguing, the legal landscape doesn’t permit animals to be direct beneficiaries of financial assets. However, there are thoughtful and legally sound ways to ensure your pets receive the care they deserve after you’re gone. Here’s a comprehensive guide on how to include…

In a world where financial literacy is increasingly recognized as a crucial life skill, introducing kids and teens to the world of investing can set them on a path to financial success. According to Fidelity’s 2023 Teens and Money Study, a staggering 91% of teens express a definite interest in investing, with three-quarters of them planning to embark on this financial journey before graduating college or earlier. So, can kids really invest in stocks, and if so, how can parents facilitate this process? Let’s delve into the details. The Power…

In a world filled with feedback systems for health, safety, and navigation, families often lack tools to assess the impact of their current practices on future relationships. Nowhere is this more crucial than in a family’s engagement with money, wealth, and estate planning—a realm where choices shape the collective journey. To guide families toward enduring harmony, the Fidelity Center for Family Engagement (FCFE) has identified five leading indicators that serve as compass points on the path to familial closeness and connection. 1. Dialogue: Creating Shared Meaning What it is: Dialogue…