Recent Money Morning Articles
“On Monday you mentioned you’re now expecting a Nasdaq rally. It was indicated that analysts and economists are predicting there will be a drop in the interest rates. Could you briefly explain why a drop in interest rates will attract investors into buying stocks, which will help with the rally?”
Even a small investment at the start of a child’s life can turn into life changing money by the time they retire. And by storing that investment in a Tax-Free Savings Account, or TFSA, you can avoid taxes on all the growth. To illustrate the power of this simple tax-free strategy let’s look at a couple scenarios.
Perhaps you’re saving up some money for a holiday.Or a deposit on a car or house…Maybe it is just some savings for your ‘rainy day’ or emergency account…Whatever it is, we all have savings accounts.Here’s the thing though – if you save correctly you could stand to DOUBLE thereturns on your savings!Let me explain… The ETFs that are better than your savings account
Know what’s happening in the markets… Why it’s happening and never miss another investing opportunity again.
The most difficult trading conditions I’ve witnessed in a long time – And how to prosper through it!
If you’ve been trading the JSE stocks for the last year, you’ll most likely agree with me, it has been darn difficult.You buy and go long, and you get stopped out.You go short and sell, and your stop loss hits.You’re most likely feel like giving it up.And you’re not alone.Let’s delve into what’s been happening and what we can do to improve our chances of trading success.
In May this year gold shot through the $2,000 level to $2,051. But shortly after the price cratered and by 5 October it hit $1820.Since then, the gold price has jumped again.In fact, gold is at its highest point in the past three months right now. It is up 8.5% currently circling $1,997…
You may be surprised to hear this but Bitcoin, the world’s largest cryptocurrency is crushing it in 2023…A recent chart by New York Digital Investment Group (NYDIG) revealed the biggest crypto by market cap – Bitcoin – is up by 63%.And that was before the recent Bitcoin surge past $35,000.As I write this, Bitcoin is up over 100% so far in 2023…
Last week, Google announced it’s coping with one of the largest ‘distributed denial of service’ (DDOS) cyberattacks ever…A DDOS attack, allows hackers to bombard a site with information requests to try to overwhelm it and force it to shut down.This attack started in August and is still ongoing.Google isn’t the only major company that’s been hit with DDOS cyberattacks recently…
Have you wondered why the gold market has been so sluggish lately? And by lately, I mean since August 2020. In fact, we have seen the precious metal move in a tight range between a high of $2,080 down to low of $1,626. That’s it. For three long years, it’s been moving in a range of 454 dollars.
South Africa’s five largest banking companies are worth more than R1.1 trillion!It’s safe to say this is one of the most important sectors in the country’s economy.But how do these five banking stocks compare – and what do the numbers tell investors about them today?
Q. ”Timon, I feel like you have to be your own therapist when trading. My issue isn’t executing a trade, but rather knowing if I should take the trade or not? Do you have some tips or guidelines that you use before you take a trade? I need this to be easier for me.”
Since the JSE All Share Index hit an all-time high earlier in January, the index is down around 9%. As a result, many JSE listed share prices have also fallen.
Now, as you know, when a company’s share price falls, its dividend yield rises. That means, there’s quite a lot of JSE stocks sitting on high dividend yields right now. One of these high-yielders is a 162-year-old transport guru.
Q. “Hi Timon, I see the FTSE 100 has reacted in a positive manner based on the new stimulus measures that China has proposed. Do you think this will play a role in the FTSE 100 rally that you’re expecting?”
Turmoil… That’s the only word I can think of right now for the world. And one would think we should expect more downside for the markets. And yes, it is true for a couple of markets. But NOT the FTSE 100. Today’s focus will be on why I expect the FTSE 100 to rally to new year highs in the coming weeks.