🐻 How I'd Invest In Today's Bear Market

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Markets

Stocks Fall, US Futures Wobble on Economic Jitters (3 minute read)Global stocks fell to a two-year low, while US index futures struggled for direction, amid concern hawkish policies by global central banks will spark a recession and earnings contraction. The pound rose as the UK withdrew a plan to abolish the top income-tax rate.

China tells state banks to prepare for a massive dollar dump (3 minute read)The People's Bank of China has told major state-run banks to prepare to shed dollar holdings while snapping up offshore yuan, which has continued to fall despite prior interventions, sources told Reuters. The scale of this latest effort to prop up the yuan will be big and could provide a floor to the Chinese currency, according to the report.

Credit Suisse CEO reassures staff bank has solid balance sheet amid market speculation (3 minute read)The chief executive of Credit Suisse has attempted to reassure staff the globally significant Swiss bank has a solid balance sheet after credit markets rated its risk of default as the highest in a decade.

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Investing

How I’d Invest $250,000 Cash In Today’s Bear Market (12 minute read)Let’s say you’ve currently got a good amount of cash to invest. With the global financial recession building, opportunities are piling up. However, things could get worse in this bear market given we’re only nine months in. How would you invest it?

Back to Basics (3 minute read)The stock market fell around 5% last week. It did the same the week before that. The last few years made investing look easy. This year is setting the record straight. What makes this decline particularly unsettling is everyone saw it coming. If we do enter a recession, or if we are already in one, it will be the most widely anticipated economic slowdown in the history of time.

Crypto ETF Outflows Drop 97% as ‘Get-Me-Out’ Rush Eases (3 minute read)The money flowing out of crypto-related funds in the third quarter has slowed down, a sign that many bearish investors may have already piled out of the risky asset class. Investors pulled out $17.6 million from crypto exchange-traded funds in the three months ending Sept. 30, according to data compiled by Bloomberg Intelligence. That figure, as of Friday morning, is far below the record $683.4 million withdrawn from such funds in the second quarter.

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Money

Time and Money: How Our Perception Changes as We Age (4 minute read)Our perception of the value of time and money shifts as we age. In early adulthood, time is abundant, while money is scarcer. We want more money and are willing to sacrifice our time to get it. By middle age, a thriving career helps us earn more, but job and family obligations consume our time. Life is expensive, and working middle-aged people never seem to have enough time or money. Approaching retirement, we’re more willing to spend money to save time. Why mow the lawn when you could be playing golf or Bridge? And what good is all that wealth if we have no time to enjoy it?

10 of the Best Sam's Club Deals for October 2022 (5 minute read)Given the global drama of the past few years, it may be difficult to believe that another holiday season is just around the corner. However, COVID-19, followed by intense inflation, has led many of us to begin looking for deals as early as possible. In fact, 38% of Americans plan to cut their holiday spending this year. Whether you're getting the house ready for winter, preparing for holiday meals, or seeking the perfect gifts, bargains are the name of the game. And here are some of the best deals available at Sam's Club in October.

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Top Reddit Posts

Is Money Managed by Credit Suisse Safe if they Were to Go Under?

Bank of England pivots and starts doing QE back

"Many young people shouldn’t save for retirement, says research based on a Nobel Prize-winning theory"

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