📒 Investing Lessons Since 1996

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Markets

European Shares Decline On China COVID Worries (2 minute read)European stocks inched lower on Monday, with commodity-related stocks coming under selling pressure after China reported the first virus-related deaths recorded since May this year. Risk sentiment was also hit by fears of a potential escalation in the Russia-Ukraine conflict following recent shelling around the Zaporizhzhia nuclear power plant.

Goldman cuts oil forecast on ‘lack of clarity’ over G-7 Russia oil price cap, China Covid outbreaks (3 minute read)Goldman Sachs lowered its oil price forecast by $10 to $100 per barrel for the fourth quarter of 2022, citing rising Covid concerns in China and lack of clarity over the Group of Seven nations’ plan to cap Russian oil prices. China recorded recorded three Covid deaths over the weekend. Goldman added that the possibility of more lockdowns in the world’s top importer of oil will dent demand from it even further.

Bob Iger returns as Disney CEO in shocking shakeup (2 minute read)What's old is new again at Disney. Bob Iger is officially back as CEO. In a shocking turn of events, the media giant announced late Sunday that Iger will return to lead the company as its chief executive officer, effective immediately. Bob Iger will replace Chapek, who took over as Disney CEO in late February 2020, Disney shares are down about 19%; the S&P 500 is up around 34% over that same period.

From Amazon to Meta to Twitter: The US Tech Companies Cutting Jobs (5 minute read)Tech companies are trimming staff and slowing hiring as they face higher interest rates and sluggish consumer spending in the US and a strong dollar abroad. The tech industry shed 9,587 jobs in October, the highest monthly total since November 2020.

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Investing

How To Become A Good-Enough Investor: Investing Lessons Since 1996 (15 minute read)You don’t need to be a great investor to make lots of money. You just need to be a good-enough investor. Once you’re good enough you’ll be able to ride an almost constant tailwind toward financial independence. Further, you’ll learn to no longer blow yourself up and lose all your progress. If you can get your investments right at least 51% of the time and avoid blowups, you’re going to come out ahead.

Who’s afraid of a housing crash? (10 minute read)After the big jump in the stock market last week, everybody’s worries should be over, right? Well, maybe not. Real estate looks a bit shaky now! Prices have come down just a notch, but is there more to follow? Are the wheels coming off? Is the market going to crash? What’s the impact of the much higher mortgage interest rates? Are we going to see a replay of the 2008 housing crash? How did interest hikes impact the housing market back in the 1970s and 80s? Lots of interesting questions! Let’s take a look…

Top 5 Ways to Take Advantage of a Strong Dollar (5 minute read)The U.S. Dollar is the strongest it’s been in 20 years. A strong dollar can produce winners and losers, both in America and on foreign soil. What can you do to ensure you’re among the winners? Certain activities will be relatively less expensive, as will some goods and investments. There are also business types that can prosper in this climate and others that will struggle. Let’s explore five ways you can take advantage of this strong dollar while it lasts.

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Money

Fan Heater vs Oil Heater - Which Is Cheaper to Run? (3 minute read)With so many options to heat the home, and households trying to spend less on energy, we’ve compared which is cheaper to run: fan heater vs oil heater.

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