An astonishing seven out of every 10 investors fail because: Many have no training, nor do they seek guidance. They fail to realize that there is risk in investing. They don’t think long-term. They want instant gratification. They blindly follow the crowd, becoming one of the sheep. They don’t have an investment strategy and they…
DetailsAt the moment, 80% of S&P 500 companies have reported better than expected results. “If 80% is the final number, it will mark the highest percentage since Fact Set began tracking this metric in Q3 2008,” noted John Butters, senior earnings analyst at Fact Set, as quoted by CNBC. In the technology sector, 93% of…
DetailsThere may be economic hiccups along the way. But the U.S. economy is still chugging along at a solid pace. Just look at unemployment. The U.S. added another 157,000 jobs in July 2018, dropping the unemployment rate to 3.9% from June 2018’s 4%. The last time the rate was this low was 2000. Plus, for…
DetailsThe electric vehicle (EV) market is heating up. And we’re not the only ones excited about the potential. The International Energy Agency doubled its 2030 forecast from 23 million to 58 million. Total SA’s chief energy economist believes electric cars could make up 15% to 30% of global new vehicle sales by 2030, as noted…
DetailsTo call it a mega-trend would be an understatement. On October 15, 2007, the very first baby boomer filed for social security benefits. Right behind her, 80 million other baby boomers prepared to do the same thing for over the next 20 years, clearing out their retirement accounts, spending billions of dollars to keep their…
DetailsIn 2005, over 400 sheep jumped to their deaths. One sheep walked off a cliff for no reason. A second sheep followed. Shocked shepherds would watch as another 1,500 jumped. Hundreds of sheep perished, as they got caught up in herd mentality. Each followed and jumped simply because every other sheep was doing it. And…
DetailsAfter Bitcoin rallied from $6,300 to $8,400 on July 23, prices slumped. That’s because investors have grown increasingly concerned about potential tax crackdowns. South Korea for example is considering a law that would end tax benefits for crypto exchanges. “While crypto markets have seen rapid growth, such trading platforms don’t seem to be well-enough prepared…
DetailsSocial media stocks have seen better days. Facebook (FB) plummeted from nearly $220 to $170 after warning that it now expects user numbers to flatten over the next three years. “In Facebook’s case, it is blindingly obvious that it cannot maintain its user growth rate. You have to be an insights idiot to base your…
DetailsU.S. GDP grew at a solid 4.1% pace in the second quarter of the year. That’s the best pace we’ve seen since 2014, when we saw Q3 2014 growth of 4.9%. It’s also the third-best growth rate since the Great Recession of 2008. “We’re on track to hit the highest annual growth rate in over…
DetailsThe artificial intelligence (AI) revolution is coming whether you’re ready or not. And it’s likely to change the world, as we know it. In plain English, AI is intelligence displayed by machines. “The term is applied when a machine mimics cognitive functions that humans associate with other human minds, such as learning and problem-solving,” notes…
DetailsThe biotech sector has been known to produce enormous profits for investors. Some of The Cheap Investor’s superstar winners include: ACADIA Pharmaceuticals skyrocketed 4,851% Bradley Pharmaceuticals jumped more than 2,951% Celator Pharmaceuticals was up 1,635% Vanda Pharmaceuticals soared 2,467% Those are life-changing returns… And opportunities for similar fortunes are there for the taking. In fact,…
DetailsThe good news for crypto traders keeps coming. After falling to a low of $5,835 in June 2018, Bitcoin prices surged to a recent high of $7,704. While the coin does remain significantly lower than its highs, the bulls are apparently back. “A series of higher highs and higher lows are now in place for…
Details