Last week on the Mullooly Asset Show, Tom walked us through the math behind making your money back in the market after a decline. It’s not as cut and dry as you might think!
Check it out here before Ep. 194 drops later today!
Here’s what I’ve been reading this morning:
‘This is the Thing the Bears Hate Most’ – Josh Brown – The Reformed Broker
- In his latest post, Josh outlines the thing people who root for the market to go down hate the most. It’s frustrating, and confusing, when stocks get big pumps in performance after beating revised-down numbers, but that’s just how it goes sometimes.
‘We Bought a House. Now What?’ – Maureen Wright – The Financial Fashion Planner
- Maureen shares a look into her own personal home-buying process and takes a look at her updated budget, down payment, emergency fund, and more! There are plenty of moving parts when it comes to buying a home, so it’s important to make sure no area gets overlooked!
’10 Reasons Why Stocks are More Dangerous than Sports’ – Michael Batnick – The Irrelevant Investor
- During this pandemic lockdown, there have been a huge absence of live sports for people to watch, so they have started day trading stocks. Michael takes an in-depth look at why trading stocks is way more dangerous than betting on live sports.
’35 Ways to Jump Start Your Emergency Savings’ – The Wall Street Journal
- This challenging financial period can be crucial for a lot of people. This article outlines how people might be able to get started on their emergency savings in the future, so that they are better prepared for the next event.