Month: January 2021

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Trading Ideas

A Simple 6 Month Emergency Fund for Beginners

January 29, 2021 admin Comments Off on A Simple 6 Month Emergency Fund for Beginners

An emergency can lead to a large expense, whether it be a sudden illness or job loss. That’s why building a 6 month emergency fund can be the difference between a financial inconvenience and a full out crisis.
Like most finance-related problems, planning ahead is a key in protecting your family. Emergencies are an inevitable part of life but having an emergency fund could make all the difference.

What is an Emergency Fund?
An emergency fund is money that you set side aside to cover unexpected expenses. Having these safety funds is vital for financial planning.
According to Paul Golden, the spokesman for the …read more […]

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Trading Ideas

Robinhood Blocked GameStop Trading: Is This The End?

January 29, 2021 admin Comments Off on Robinhood Blocked GameStop Trading: Is This The End?

Popular investment app Robinhood blocked GameStop (NYSE: GME) trading Thursday amidst high volume and volatility. The move drew the ire of many investors. And the decision sent shares of the not-so-popular retail outfit tumbling.
Before we get into the latest, let’s look back at the events that led up to the meteoric rise in the price of GameStop shares.

Back in December, GameStop shares tanked. The company missed Wall Street estimates for quarterly revenue. The major factors were the pandemic (less in-store sales) and a rise in digital downloads that circumnavigate retailers like GameStop.
Then earlier in the month, GameStop appointed Chewey.com co-founder …read more […]