This site contains advice on a little bit of everything as mentioned elsewhere however financials are the most important parts of our lives. Even if I get you some medical advice (always consult your physician) you still will need to pay the hospital bill on the way out. So trying to help you all understand how to live a smarter financial life, will make your whole life a lot easier and a lot happier.
We all remember obviously what happened many years ago in 2007 with the disasters where markets across the globe collapsed due to a housing bubble. Although it has been so many years, it still fresh in our memories because the effect that had is still felt in some people today. What I want to do in this article, is point you towards a similar direction. I am not saying that a crash as big as 2007 will take place, but a crash maybe larger will come along very soon. If you are paying attention at the markets at all (and not just the stock market) you will see everything overvalued. With the election of our new president, we had what people in finance called the “Trump Rally.” What that really means for us trying to understand financials, is that this whole uplift in the DOW etc, is only passion and is only emotion: there is no substance to hold these things together. There is nothing beneath this emotion to justify these prices. What I’m trying to say is that companies, since the election of Donald Trump haven’t been earning more – or at least here wouldn’t be enough time to measure such a statistic piece of information. You remember how the night he was elected, the market just sky-rocketed after a quick dip. That is no company performance or anything that has to do with how well a company is perceived in the market. It has to do purely with a hope, a trust in something much brighter and something greater in the future.