As social media has stoked interest in an assortment of stocks that recently were being shorted by hedge funds, Robinhood and similar, low-cost trading and investing platforms have served as an important tool. On Reddit, in particular, a community of day traders has organized to send the price of multiple …
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The New Year is normally a time to launch long-term financial goals, but millions of Americans are taking it one day at a time. More than one-third, 38%, of people say they’ll be in “survival mode” in 2021, according to Fidelity Investments’ annual New Year Financial Resolutions Study released Tuesday. …
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Few would dispute that the Federal Reserve’s enormous doses of monetary medicine this year were necessary to alleviate the worst economic impacts of the coronavirus pandemic. But every treatment comes with risks and side effects, and the aggressive intervention by the U.S. central bank added significantly to the ranks of …
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Last week, we pulled together six common mortgage-related terms and phrases that potential homeowners might be spooked by. Have no fear; this week, we dig up another half-dozen! 6 more not-so-scary mortgage terms you should know 1 — Credit Report & Credit Score To understand your creditworthiness (how risky …
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