The Biggest Lesson from COVID-19
Slack. Margin. Room for error. Safety net. Insurance. So many phrases, but they all represent the biggest lesson from COVID-19.
Jesse Cramer created The Best Interest to explain personal finance and investing in simple terms. His writing has been featured by CNBC, MSN, The Motley Fool, and other national publications. He resides in Rochester, NY with his wife and their dog, where he works in wealth management. Follow Jesse on Twitter: @BestInterest_JC
Slack. Margin. Room for error. Safety net. Insurance. So many phrases, but they all represent the biggest lesson from COVID-19.
We overestimate the change that occurs in the next two years and underestimate the change that will occur in the next ten.
In times of turmoil, it helps to understand what’s next. Hold on to long-term optimism, but face the present reality one day at a time.
In light of the COVID bear market, we’re taking this week to look at how various “buy the dip” stock market strategies have performed historically.
The market is screaming “Sell!,” while contrarians suggest it’s time to buy. So what does the Best Interest think about coronavirus and the stock market?
We had a chilly experience in winter 2020. But thankfully, our emergency fund helped eliminate any stress from an otherwise bleak scenario.
The headline “index fund bubble” gets a lot of Americans pretty nervous–including me! Let’s look at arguments for and against.
We all know our rent or car payment or how much we spend on groceries. But it’s the personal finance unknowns that lead to the most negative outcomes.
The U.S. is in debt. But to give it perspective, let’s look at how the U.S. debt compares to the mortgages and student loans that you and I hold.
Don’t judge a book by its cover, and don’t judge a decision by its result. Results-oriented thinking is a logical fallacy.