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99% Of Financial Advice Simplified
Wednesday, December 27, 2023 - 2:30pm | 488I’ve worked in finance for 6+ years. I’ve also spent over 4,000 hours on Spaces discussing investing with experts. 99% of investment advice can be boiled down to these 21 sentences: 1. Knowing a little about 50 companies won’t make you money, but knowing a lot about 5 companies...
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Dear Penny: How Do I Move Past My Husband's $150K Gambling Losses?
Monday, April 24, 2023 - 2:25pm | 1023Dear Penny, I have just found out that my husband of 16 years in the last six months has gotten himself into gambling trouble of $150,000. Besides being devastated and heartbroken, I am trying to figure out how do I NOT drown and swim out of this water. We both are very successful with great-paying...
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In Retirement Planning, Short-Term Greed Never Outweighs Long-Term Benefits
Friday, February 18, 2022 - 1:01pm | 878By Peter Blatt When it comes to investing, people fall into many categories. There are risk-takers and there are overly cautious people. Some investors react to every up and down in the market, exulting in the gains they achieved at trading day’s end or fretting every time their stock...
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Investing In Complex Times: Is Avoiding Mistakes The Most Important Strategy?
Friday, February 18, 2022 - 1:00pm | 750By Francois Sicart Befuddled about where to invest your money? Maybe that shouldn’t be surprising. In the United States there are nearly 6,000 public companies that someone could invest in (never mind the rest of the world), and trying to find the shiny pearls in the midst of all that clutter...
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Is TikTok's Financial Advice Good Or Bad?
Friday, August 20, 2021 - 5:16pm | 970By Kyle Bloyd TikTok is an immensely popular social media platform, but as a source of sound financial advice, it’s a mixed bag at best. Young adults and teens form the base of TikTok’s massive audience, but whoever is watching these short video clips about various financial aspects...
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A Gift Idea For College Grads: Stock
Monday, May 24, 2021 - 12:06pm | 796Having trouble deciding on a gift for that recent college grad of yours? The best gift of all might be stocks. The stock market can be intimidating to many young people who sometimes find it difficult to know where to begin. The gift of stock will open the world of investing and give a college...
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Best Financial Advice Tips You May Or May Not Have Gotten As A Kid
Friday, September 20, 2019 - 11:06am | 1227For many adults, their first exposure to financial literacy was a dear old piggy bank, or perhaps a toy cash register that made a “ka-ching” noise as it dispensed play money. Kids grow up fast, of course, and soon they’re out in the real world trying to figure out what to do with...
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Did You Just Win $700 Million? Cramer Has Some Free Advice For You
Thursday, August 24, 2017 - 12:21pm | 370CNBC's Jim Cramer has some free advice for the person who is $700 million richer thanks to the Powerball lottery. During his daily "Mad Money" show Wednesday Cramer offered some valuable pieces of advice that can also apply to anyone who finds themselves in a substantially better financial position...
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Millennials, It's Financial Literacy Month: Here's 20 Top Tips
Sunday, April 17, 2016 - 9:06pm | 1205April is Financial Literacy Month, and based on recent research conducted by PricewaterhouseCoopers, LLP, the financial literacy situation in America is severely lacking. Source: PWC.com, Bridging The Financial Literacy Gap: Empowering Teachers To Support The Next Generation To celebrate,...
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3 More Typical Pieces of "Financial Expert" Advice: Debunked
Thursday, November 17, 2011 - 12:31pm | 790Feel like Charlie Brown listening to financial advice? “Buy in bulk.” Get it fresh. Financial experts are always telling you to grocery shop on the cheap: cut coupons, join wholesale clubs, and buy in bulk. But guess what: your health is worth it. Packaged foods might be cheap and...