The week's financial news is a mess. I clean it up and provide education and fun so that you make the right financial decisions.
Active Investing Company: https://www.harborcapital.com/products/etfs/overview/
Why are mortgage rates so high: https://www.nytimes.com/2023/08/26/business/mortgage-rates-housing-market.html
Cellphone plan idea: redpocket.com
Electricity search: powertochoose.org
How to get famous from stock market crash: https://www.wsj.com/finance/investing/how-to-get-rich-and-famous-from-a-stock-market-crash-6914580a
New EU rules threaten US tech giants: https://www.wsj.com/tech/americas-tech-giants-rush-to-comply-with-new-curbs-in-europe-2076ade9
Are at&t and verizon's dividends safe?: https://www.barrons.com/articles/at-t-verizon-dividends-safe-c0977fe1
When Markets Get Scary, Mom and Pop Buy Gold: https://www.wsj.com/articles/when-markets-get-scary-mom-and-pop-buy-gold-77cf7df3
Michael Burry, of 'Big Short' fame, just bet 1.6 Billion on Stock Market Crash: https://www.cnn.com/2023/08/15/investing/michael-burry-stock-market-crash?cid=external-feeds_iluminar_yahoo
Billionaire investor Bill Ackman says he's shorting 30 year Treasury Bills: https://www.cnbc.com/2023/08/03/billionaire-investor-bill-ackman-says-hes-shorting-30-year-treasury-bills.html
Bad timing cost investors: https://www.morningstar.com/funds/bad-timing-cost-investors-one-fifth-their-funds-returns
William Bernstein's biggest risk: https://www.wsj.com/articles/william-bernstein-investor-advice-risk-pillars-db0c0ca1
Beer billionaire randomly buys stocks: https://mail.google.com/mail/u/0/#search/altitude/FMfcgzGtwWJvQjZvPvZWxzrQPdJvkgCQ
1.) At&t jumps after Elliot takes 3 billion stake, sees stock at $ 60: https://www.cnbc.com/2019/09/09/att-shares-jump-after-activist-elliot-management-takes-stake-sees-shares-nearly-doubling.html
2.)Investors are feeling bold again: https://www.wsj.com/articles/tech-stocks-meme-stocks-crypto-investors-are-feeling-bold-again-f158812b
3.) Bank of America ordered to pay 250 million over wrongful fees: https://www.wsj.com/articles/bank-of-america-ordered-to-pay-250-million-over-wrongful-fees-fake-accounts-a39099c5
Financial storm bears down on US commercial real estate: https://www.ft.com/content/658d937f-f804-4656-a9d8-428b9c2c917d
Dividend-Paying Stocks Spurned as AI Booms: https://www.wsj.com/articles/investors-spurn-dividend-paying-stocks-as-ai-booms-344f431d
Complex Fund Names May be a Warning Sign for Investors: https://www.wsj.com/articles/complex-fund-names-warning-sign-investors-ac49cc2d
Are Airline Credit Cards Worth It? https://www.wsj.com/articles/airline-credit-card-perks-frequent-flier-miles-7bc224c8
Boomers Got Hooked on Stocks:
https://www.wsj.com/livecoverage/stock-market-today-dow-jones-06-20-2023/card/boomers-got-hooked-on-stocks-now-they-can-t-let-go--WBfwsJSkJGxjhIEAeOek
Short Sellers have lost $ 120 billion:
https://www.businessinsider.in/stock-market/news/short-sellers-have-lost-120-billion-betting-against-the-us-stock-market-thats-been-powered-by-the-ai-boom/articleshow/101134290.cms#:~:text=the%20AI%20boom-,Short%20sellers%20have%20lost%20%24120%20billion%20betting%20against%20the%20US,powered%20by%20the%20AI%20boom&text=Short%20sellers%20betting%20against%20the,stunning%20rally%20in%20US%20equities.
Frugal Billionaire Warren Buffett drives a 2014 car:
https://finance.yahoo.com/news/frugal-billionaire-warren-buffett-drives-143514827.html#:~:text=Benzinga-,Frugal%20Billionaire%20Warren%20Buffett%20Drives%20A%202014,Looks%20For%20Hail%2DDamaged%20Deals&text=Warren%20Buffett's%20choice%20of%20vehicle,drives%20a%202014%20Cadillac%20XTS.
When SVB and First Republic Collapes, So Did Their Employees Investments: https://www.wsj.com/articles/when-svb-and-first-republic-collapsed-so-did-their-employees-investments-59ce4715
Cramer Says Trim your portfolio: https://www.cnbc.com/2023/06/21/jim-cramer-says-trim-your-portfolio-and-take-something-off-the-table.html
Wealth Management's $ 1 Trillion Conflict: https://www.financial-planning.com/digital-edition/june-2023
Calpers ups VC allocation: https://pitchbook.com/news/articles/calpers-venture-asset-class-tiger-lightspeed
Stock-Market bulls see room to run: https://www.wsj.com/articles/stock-market-bulls-see-room-to-run-e71a2fdd
Nowhere for Investors to Hide From AI Hype: https://www.wsj.com/articles/nowhere-for-investors-to-hide-from-ai-hype-7cb52fd7
Retirement-Savings Changes You Should Know About for 2023: https://www.wsj.com/articles/retirement-savings-changes-2023-1b2e99f0
Ex-Morgan Stanley Broker Pleads Guilty to Stealing from Mom: https://www.advisorhub.com/ex-morgan-stanley-broker-in-texas-pleads-guilty-to-stealing-from-mom/
Peter Zeihan: The End of the World is Just the Beginning
VantagePointAI: https://www.vantagepointforecasts.com/webinar-ft61633112515549?clickid=wm6oo1metnq8ooqkiqrtnkas&vmcid=%24
CNBC Jerome Powell: https://www.cnbc.com/2022/11/29/stock-market-futures-open-to-close-news.html
60/40 WSJ Article: https://www.wsj.com/articles/investment-retirement-stocks-bonds-market-11668015638
Justin Bieber buys NFT: https://finance.yahoo.com/news/justin-bieber-paid-1-3-195705336.html
Morgan Housel story: https://collabfund.com/blog/a-few-stories-i-like/
FTX Fiasco Hits Investors From Tiger Global to Tom Brady: https://www.advisorhub.com/ftx-fiasco-hits-investors-from-tiger-global-to-tom-brady/ Dow Surges 1,000 points in biggest rally since 2020 after a lighter-than expected inflation report https://www.cnbc.com/2022/11/09/stock-market-futures-open-to-close-news.html
Jeremy Siegel's Advice: https://www.yahoo.com/finance/news/long-term-investors-absolutely-buy-191000969.html
Retail traders down 44% Financial Times: https://www.ft.com/content/406f65f9-8cf3-416f-9171-ea7b8da0348b
Day Traders go Back to Day Jobs: https://www.wsj.com/articles/day-traders-go-back-to-their-day-jobs-as-stock-market-swoons-11666148094
Utility Stocks Stumble: https://www.wsj.com/articles/utility-stocks-stumble-as-treasury-yields-climb-11666058844
CNBC: Young, wealthy investors are flocking to alternative investments: https://www.cnbc.com/2022/10/12/young-wealthy-investors-are-turning-to-alternative-investments.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail
CNBC: Cash is king again: https://www.cnbc.com/2022/10/12/cash-is-king-again-as-money-managers-are-in-no-rush-to-embrace-risk-with-fed-raising-rates.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail
Bloomberg: Credit Suisse Trust 'Failed Basic Duty' : https://www.bloomberg.com/news/articles/2022-09-04/credit-suisse-court-spat-with-billionaire-kicks-off-in-singapore
WSJ: Three Ways you Can Cash in on Cash: https://www.wsj.com/articles/cash-best-interest-rates-on-cash-investments-11664550519
Jim Chanos prediction: https://www.cnbc.com/2022/09/28/jim-chanos-says-this-is-the-biggest-investing-story-no-one-is-talking-about.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail
What advisors are saying to do: https://www.cnbc.com/2022/09/27/here-are-q4-strategies-from-advisors-amid-rate-hikes-and-high-inflation-.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail