In a few days, America will celebrate its 249th birthday. With July 4th on Friday, many of us will be traveling over the holiday weekend. While the independence of the United States was a world changing event… I want to ask you a serious question. How will you achieve your financial independence? Image Source Unsplash
When investors think about how cheap a stock is, they usually focus on the stock price. But we can’t just look at the price to see if something is cheap or not. For example, a half dozen eggs at $3.99 might be cheaper than a dozen eggs at $4.99. Yes, the price is lower for the half-dozen eggs, but the value is better for the Dozen. I think of stocks in the same way. Image source: Unsplash
On Friday, Israel launched airstrikes into Iran targeting multiple areas. The attack sent shockwaves throughout the financial markets. At one point, the DOW was down almost 900 points! The price of oil spiked over 8% following the attack. Image Source: Unsplash.
A company has an IPO when it first starts trading on one of the major US exchanges, like the NASDAQ or New York Stock Exchange (NYSE). IPOs are very exciting because they’re a new place to put your money. And they can be incredibly profitable. Image Source: Unsplash.