The dangers of using leveraged investment products is a topic that can’t be brought up enough. In last week’s episode of the Mullooly Asset Podcast, we shared another example of an individual losing their shirt with leverage in just TWO WEEKS.
Here’s what I’ve been reading this morning:
- There seems to be a growing disconnect between Wall Street and Main Street. In Jason’s latest column, he writes about how a few big names are carrying a lot of the weight of this recent market rally.
- When the market drops 35% in a month and then rallies nearly all the way back just as quick, plenty of people will start to question whether or not this market environment is “real”. Cullen takes a look at the question: what if the market is getting it right?
- If there is a case to be made for automating your investment contributions, it’s this article. Michael shows how if you were to have automatic contributions going in every 2 weeks through all of this craziness, you’d be at an all-time high right now.
- In both cases, you’re taking money from your 401(k) now, but what happens next is very different. This article takes a look at how deciding between a loan or a withdrawal could impact your balance down the road.