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Stocks

“GameStop Stock Fell So Much It Had to be Halted. That Didn’t Stop the Selloff.”

“GameStop stock dropped suddenly Monday morning, prompting a brief halt due to volatility. The stock fell wider than 15% to as low as $223.00, bounced back, and then fell even lower. Shares of videogame retailer GameStop (ticker: GME) this month have… Continue Reading…

Personal Finance

Retirement: “Here’s how much money you should have saved by age 50”

“Although this guideline includes your retirement contributions and your investments, in addition to any cash savings, for many it can still be a difficult goal to reach. In a 2020 TD Ameritrade report, surveying 2,000 U.S. adults ages 40 to 79 with at… Continue Reading…

Personal Finance

“Retiring with $1 million: How much you should save every month, broken down by age”

“…In fact, only 47% of retirees think they’ve built a large enough nest egg to last the rest of their lives, according to a 2020 survey conducted by the Transamerica Center for Retirement Studies. If your goal is to save $1 million, you’ll need… Continue Reading…

Investing

“Here’s how much money you should have saved by age 30”

“In fact, retirement-plan provider Fidelity Investments says that to retire by age 67, you should have saved 1 times your income — or the equivalent of your annual salary — by the time you turn 30. This means that if you earn… Continue Reading…

Banking, Economy

“Billionaire investor Jeffrey Gundlach predicts gold prices will ‘go much higher’ in the long-term”

“Billionaire bond investor Jeffrey Gundlach believes that gold (GC=F) prices will go higher in the long-term, but warns of a short-term reversal… On prior webcasts, Gundlach has talked favorably about the long-term prospects of the precious metal, saying in early… Continue Reading…

Personal Finance

“Average 401(k) Balance by Age”

“Ages 20-29 The average 401(k) balance was $11,800 The median 401(k) balance was $4,300 The average contribution rate was 7% of compensation Ages 30-39 The average 401(k) balance was $42,400 The median 401(k) balance was $16,500 The average contribution rate… Continue Reading…

Predictions, Opinions, & Comments, Stocks

Penny Stocks: How Much Is Needed To Get Started?

Many say penny stocks (Three dollars and under) are dangerous but if you’re a brave soul such as myself you might want to consider them as an option. If you succeed you can make some good money really quickly. That… Continue Reading…