Archive for the ‘saving’ tag
Big Rally Monday
If we learn anything from days like today, it’s that the market is fickle:
Source: Google Finance
Short-term investing in the stock market is a legal form of gambling - the market is simply too prone to wild swings like those from last week until today. We saw some spectacular gains today, but it is easy to [...]
Depression or Recession?
Are we heading for a recession, or a full-blown depression?
Gut-wrenching is the phrase I’m hearing most often in relation to the stock market. This particularly disturbing headline caught my eye earlier: the S&P500 is down 32.92% for the year-to-date. Wow.
The difference between a depression and recession is primarily semantic; while the uncertainty we’re currently feeling [...]
