Tag: Confusing finance words
Missed this? Watch.
“This Snapchat + Fidelity news is great and all, but how do I know how much tech exposure I have in my investment funds?” Watch and then click here –> http://buff.ly/1O4YlS7
Ask MSB Cheat Sheet………
Biotech stocks are down over 5% today. Broader markets are down half that much. Here’s a quick primer on what’s happening.
China’s economy has been slowing for well over five years.
The S&P 500 is up 75% over the last five years.
Over the last three months the S&P is down -7.8% because “China’s economy is slowing down?”
This makes no sense.
Here’s what’s happening
If you’re a financial advisor reading this. I’m sorry. I’m sorry if you stuff your clients with garbage funds in order to bang them up on fees. I’m on a rant today because one of our MSB Cheat Invest In You members sent in an email over the weekend asking us to educate them on what they’re invested in.
His specific question was:
Google is getting a new name, it’s called Alphabet. Why did they do this?