Personal Finance News

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GameStop Stock Reddit

GameStop (GME) Is Up Over 6500% Over The Last Year – Does That Mean The Company Is Actually Doing Better?

Leave a Comment / Business News, Gaming News, Personal Finance News, Retail News /

It wasn’t that long ago, so most everyone probably remembers the Reddit fueled Wall Street battle for GameStop that happened earlier this year. Thanks to very large number of people trying to bump up the chain’s value, GameStop’s stock value is actually ten times higher right now than it was at the beginning of 2021. One might think this was actually a good thing for the company, having good value after the debacle that was 2020, but unfortunately, this stock increase has very little to do with the actual performance of the business. This is made pretty clear by GameStop’s fourth quarter and 2020 fiscal year results.

GameStop (GME) Is Up Over 6500% Over The Last Year – Does That Mean The Company Is Actually Doing Better? Read More »

Atari VCS Console

Atari Is Not Only Making A New Console, But Also Cryptocurrency

Business News, Gaming News, Personal Finance News, Tech News /

The headline of this article is something you probably never expected to read. We’re going to level with you: we weren’t expecting it either. And yet, it’s a true statement. Atari is looking to launch a new console this coming fall, but along with it, a new form of cryptocurrency as well. The Atari VCS is supposed to be available come November, and players will be able to buy things for it using currency dubbed “Atari Tokens.” These tokens are in fact backed by Bitcoin.

Atari Is Not Only Making A New Console, But Also Cryptocurrency Read More »

Coronavirus Stimulus Check

Are more stimulus checks on the way?

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For millions of Americans, the $1,200 stimulus check many received was just not enough to get by, especially as many states and cities are extending their lockdown requirements from just a few weeks to as far as several more months. This means the need for cash on hand may matter more now than it did even several months ago. With the world’s most booming economy halting even longer, there are very serious discussions about a second wave of stimulus checks coming your way.

Are more stimulus checks on the way? Read More »

Investing Panic

Investors say “don’t panic”, but should you?

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There are two predictable things in this world- death and taxes. The one thing that no one seems to be predicting right now is the incredibly strange behavior by the stock market. One day we’re looking at Great Depression level drops, the next day we’re seeing all-time-high recoveries. In the midst of incredibly high levels of unemployment, we’re also seeing an investor field day. So for your everyday, middle-class investor, how should you feel about what’s going on? Fearful? Brave?

Investors say “don’t panic”, but should you? Read More »

Gig Economy Workers

Gig workers are getting slammed by this pandemic

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Across the country, millions of Americans are facing what is being considered the worst financial (not including health) crisis of their lifetime. After a four-year bull market and record low unemployment, now many are worrying as to how they will be able to pay their rent, provide for their families, and a whole list of other stresses brought about primarily by factors outside of their control.

Gig workers are getting slammed by this pandemic Read More »

Is your frugality not turning into riches

Is your frugality not turning into riches? Here’s a possible reason why

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As Social Security among young people is treated as a pipe dream and more and more Americans nearing retirement age don’t seem to see a financial rainbow at the end of career tunnel, many conservative spenders and savers across the nation wonder why they haven’t seen the wealth accumulation from years of hard work result in something larger. So what gives?

CNBC’s Jill Cornfield explains exactly why you’re so far off from the retirement track of your dreams, and the answer why is pretty obvious. “Savings alone can’t get you there,” writes Cornfield, “investing can.”

Is your frugality not turning into riches? Here’s a possible reason why Read More »

Fed Holds Rates Steady

Fed Holds Rates Steady Amid Coronavirus Concerns

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The minutes — from the FOMC’s January 28-29 meeting — were seen as supportive of loose monetary policy. Stocks and futures rallied as a result.

 

Several Fed policymakers provided commentary on the Coronavirus outbreak that — at the time — was mostly contained to mainland China. Fed President Patrick Harker stated, “if the situation gets significantly worse, and we start to see a significant impact on the U.S. economy, then we’d have to think about accommodation.” Fed Chair Jerome Powell said that the Fed would act “as appropriate.”

Fed Holds Rates Steady Amid Coronavirus Concerns Read More »

Refinance Low Interest Rates

Refinances Increase As Interest Rates Remain Low

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Interest rates remain low, and homeowners in the United States are taking advantage.
On Tuesday, the Federal Reserve announced that the mortgage origination volume in the final quarter of 2019 surged to $752 billion. That represents the highest level since 2005 and a nearly 50% increase over the $528 billion recorded in the third quarter of 2019.

Refinances Increase As Interest Rates Remain Low Read More »

Five Podcasts to Help You Get Smarter With Your Money Right Now

5 Podcasts to Help You Get Smarter With Your Money Right Now

Leave a Comment / Finance, Personal Finance News /

We all want to say we’re in great financial shape, but the truth is we either aren’t or we still have room to get better. Sometimes, our day to day lives don’t give us the time to do research on our own in order to get a good grasp about tough concepts. For some of us, the money needed to work with a professional financial expert to help carry the load just isn’t an option either. However, there is an easy and engaging way to get the financial advice we need, on our time, for absolutely free! Whether on our lunch break, at the gym, or during our commute, podcasts allow us to listen in on the conversations and discussions about money matters right from our phones or other portable devices. So, what are some of the best financial podcasts to get started on as we embark on our journey to debt freedom, budgetary fortitude, and wealth growth?

5 Podcasts to Help You Get Smarter With Your Money Right Now Read More »

One Fourth of Borrowers in Texas Default on Student Loans, Study Finds

1/4 of Borrowers in Texas Default on Student Loans, Study Finds

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The current total debt for student loans has surpassed $1 trillion with the average student borrower in 2017 holding more than $30,000 in student loan debt. As of March 2019, more than 43 million American had student loans. According to a recent study by Pew Trusts, one-fourth of those borrowing default on their loans within five years of entering repayment.

1/4 of Borrowers in Texas Default on Student Loans, Study Finds Read More »

Top 5 Fastest Growing Jobs

Top 5 Fastest Growing Jobs

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Students just getting into college have already declared their majors, but it’s not uncommon for them to change their minds more than once during their course of study.Some change due to the outlook of their chosen profession, whether they can make money or if they place they want to live even offers a career path for them. “The Occupational Outlook Handbook” puts out the top 100 jobs each year that are not only growing in their hiring capacity but the expected salary and wages someone can expect to earn. Here’s the top 10 fastest growing occupations as listed by “The Occupational Outlook Handbook.”

Top 5 Fastest Growing Jobs Read More »

Amazon CEO Jeff Bezos has Sold Approximately $2.8 Billion Worth of Stock in the Last Week

Amazon CEO Jeff Bezos has Sold Approximately $2.8 Billion Worth of Stock in the Last 2 Weeks

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Amazon CEO Jeff Bezos is the current richest man in the world, yet he is still cashing out his Amazon shares at an alarming rate. He sold $990 million of Amazon’s shares last Thursday and Friday according to new filings with the Securities and Exchange Commission, despite selling $1.8 billion worth of stock earlier that same week, totaling to roughly $2.8 billion in stock sold.

Amazon CEO Jeff Bezos has Sold Approximately $2.8 Billion Worth of Stock in the Last 2 Weeks Read More »

This Tiny House is Only $19,000 on Amazon and Takes 2 Days to Build

This Tiny House is Only $19,000 and Takes 2 Days to Build

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Tiny homes continue to increase in popularity as the trend has grown traction over the past several years. Some tiny homes measure fewer than 400 square feet, but many first-time homebuyers or those looking to downsize opt for these houses. Amazon Seller Allwood now offers do-it-yourself tiny home builder kits ranging from $5,990-$34,000, depending on how large someone wants their home to be.

This Tiny House is Only $19,000 and Takes 2 Days to Build Read More »

American Women Tend to Have Better Credit Scores, According to Report

American Women Tend to Have Better Credit Scores, According to Report

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The average U.S. woman has a better credit score than her male counterpart — with an average of four points more, according to the Experian annual “State of Credit” report. In 2008, women had an average score of 689, compared to men’s average of 685. A decade of economic downturn lowered these scores to 684

American Women Tend to Have Better Credit Scores, According to Report Read More »

Highlight of Experian's State of Credit Report

‘State of Credit’ Report Indicates American’s Credit Scores Better in Recent Years

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The recently released annual “State of Credit” report by Experian shows that the U.S. may be headed into the worst recession in 80 years. The report suggested that while American’s credit scores are lower than they were at the start of the economic downturn, 2018 marks the largest year-over-year increase since 2008. “We’re continuing to

‘State of Credit’ Report Indicates American’s Credit Scores Better in Recent Years Read More »

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