Money Talks

July 2022

How to Keep Your Financial ‘Windfall’ in Six Steps

July 29, 2022TradeSmith Editorial Staff

Most of us have fantasized about gaining unexpected wealth, and all the ways it would change our lives for the better. Unfortunately, managing an actual financial windfall — whether it’s a raise or bonus at work, a large inheritance, or a life-changing lottery jackpot — can be incredibly tricky. You see, when most people unexpectedly come into money, they feel an overwhelming urge to spend it. And they’ll come up with all sorts of rationalizations to justify doing so, even

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Meet the ‘Double-Your-Money’ Stock That’ll Give You the Upside of Growth with the Safety of Value

July 22, 2022TradeSmith Editorial Staff

Keith’s note: I have a special treat for you this week. In place of my usual editorial, we’re sharing an exclusive essay from my friend — and TradeSmith Senior Analyst — Mike Burnick. If you’re not familiar, Mike is a 30-year market veteran and world-class analyst who joined the TradeSmith team last winter. And when it comes to finance and investing, Mike has truly done it all… He got his start in the banking business. He was a successful Wall Street

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5 Investing Mistakes You Don’t Know You’re Making, Plus Tips to Work Around Them

July 15, 2022TradeSmith Editorial Staff

As investors, we’re often our own worst enemies. We like to believe that we make rational decisions with our money. Unfortunately, research shows we often fall victim to common, subconscious errors in thinking known as “cognitive biases.” I covered one of the most dangerous of these biases — loss aversion — in detail in a previous Money Talks issue. (If you missed it, be sure to catch up here.) However, there are literally dozens of other cognitive biases that can

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It’s Time to Outsmart the Bear – And These Four Strategies Will Help You Do It

July 8, 2022TradeSmith Editorial Staff

I’m generally not a fan of the mainstream financial media. And with good reason. The news organizations whose headlines help create the “buzz” that revs up public opinion and inflames social media for the most part just “report” (repeat) what others say – because they’re not the experts themselves. You believe you’re getting special, insider insights – actionable and wealth-focused. But the “stuff” you’re getting has actually been funneled your way from government officials who are “talking their party line”

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Why You Are Limiting Your Returns, And How to Work Around Yourself

July 1, 2022TradeSmith Editorial Staff

Most of us like to think we’re rational. When presented with a choice, we generally use logic and reason to make the best decision possible with the information available to us. Right? Well, heaps of research into human behavior says otherwise. Most of us tend to be far more emotional and susceptible to “cognitive biases” – common, subconscious errors in thinking – than we realize. And that’s particularly true when it comes to investing. There are dozens of biases that

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June 2022

Doubling My Money Turned Out to Be a Curse, and I Want to Save You from a Similar Fate

June 24, 2022TradeSmith Editorial Staff

I am a brilliant investor. At least, that’s what I thought at the time… It was the late 1990s. I had saved about $20,000 from different jobs that I had worked through the years, and I was in college when my father called me up and said, “Let’s each put $5,000 into Legg Mason’s Value Trust fund.” My father’s a great guy, and I trust no one more than him in life. So I joined him, and we each put

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Here’s a Rare Chance to Beat Inflation and Earn 9.62% Without Taking Big Risks

June 17, 2022TradeSmith Editorial Staff

The U.S. was blindsided recently when inflation got an unexpected bump to 8.6%, the highest rate in 40 years. Then, on Monday, we officially entered bear market territory. It’s time for investors to rethink their moneymaking strategy and pivot into protection mode — and I have just the thing: A new investment vehicle that’s actually designed to help you beat inflation. Not only does it currently pay out an annual yield (9.62%) well above today’s record-high inflation rate, but it

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7 Tips That Real Investors Follow

June 10, 2022TradeSmith Editorial Staff

Let me tell you a story… One of my managers (let’s call him Rex) was out with his son after baseball practice on a recent Friday evening and pulled into the drive-thru at the local McDonald’s. What happened next stunned me. Rex pulled his Ford up to that big, lighted menu and ordered a Big Mac, two large fries, a Sprite and a Coke – only to have that disembodied speaker voice come back with: “I’m sorry, sir, but we’re

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My Best Advice for Navigating Today’s Volatile Markets

June 3, 2022TradeSmith Editorial Staff

Money Talks launched in early 2021 with one simple goal in mind: to give back and share the best of what I’ve learned about personal finance and investing over many years of trials and tribulations. In that spirit, I wanted to pass along an interview I did with my friend Dan Ferris on the Stansberry Investor Hour podcast last week. I don’t want to give everything away that we covered, but a sneak peek of a few highlights were: What

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May 2022

Is Big Tech as Cheap as It Seems? Maybe, Maybe Not…

May 27, 2022TradeSmith Editorial Staff

If you have been following the financial news at all this year, you’ve likely heard about the historic declines in large-cap technology stocks. For example, the Nasdaq 100 Index (NDX) — a proxy for “big tech” that includes the roughly 100 largest non-financial stocks that trade on the Nasdaq Stock Market — has fallen as much as 31% from its recent highs last fall. The popular “FAANG” stocks — which include Facebook parent company Meta (FB), Amazon (AMZN), Apple (AAPL),

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Seven ‘Rules’ for Earning Safe Income in Volatile Markets

May 20, 2022TradeSmith Editorial Staff

There’s no sugarcoating it… It’s getting ugly out there. Inflation has been a serious problem for months, recession fears are on the rise, and the stock market is looking shakier than it’s been in years. Given these risks, it’s more important than ever to protect your hard-earned savings. So, for the past several weeks, I’ve been doing my best to help Money Talks readers do just that. I’ve shared strategies to help you navigate inflation, weather a recession, and protect

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The Housing Market Could Be in Serious Trouble Now

May 13, 2022TradeSmith Editorial Staff

I was wrong about real estate in 2020. As I explained in a Money Talks column last fall, I was confident that the housing market would tank when I saw the following chart in early April 2020: But what I couldn’t foresee at that time were three big factors that were about to drive housing demand much higher. First, the Federal Reserve was easing monetary policy like never before, which would push U.S. mortgage rates to record lows by the

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