Credit card debt skyrocketed during the last three months of 2022, as Americans shopped their way through the holidays and potentially into financial trouble. Americans’ collective credit card balances totaled $986 billion at the end of last year, up $61 billion from the previous quarter, according to the Federal Reserve …
Read More »I’ve Got a $3 Million Portfolio. How Much Interest Will I Get Off It?
When investing in your future, it is important to understand how much income you can expect from your nest egg. Many people use the 4% Rule to calculate how much you can safely withdraw from your portfolio, but is that number right for you? Let’s take a look at how …
Read More »How Does Open Interest Work in Options Trading?
Specifically, it tells us if an options contract has low or high liquidity, making it easier or difficult to enter or exit positions. In turn, open interest tells us which options contracts are preferable to pick in a hectic market. Understanding both helps any trader win market battles. However, there …
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