In December 2019 a friend of mine started shorting S&P 500 by buying put options (he had no previous experience with options trading). In other words, he was betting that the US stock market will go down. He believed that COVID-19 will spread around the world and the US economy and the stock … [Read more...] about How to Lose $150K in One Week in the Stock Market
Money
75 Great Life Lessons From Books I Wish I Had Read a Long Time Ago
I highly recommend you reading these books and forming your own opinions. However, if you don't have the time to read all of them, at least you can check the quotes that I have written down. I am sure you may find many more and different quotes if you read these books yourself. Many of these … [Read more...] about 75 Great Life Lessons From Books I Wish I Had Read a Long Time Ago
Emergency Fund in Financial Crisis
Coronavirus is a perfect example of why we should have an emergency fund. For those who don’t have an emergency fund, this will be a painful lesson. In a booming economy, it is not exciting to talk about emergency funds. We would much rather talk about investing in stocks, real estate or … [Read more...] about Emergency Fund in Financial Crisis