How to Profit During a Bull & Bear Market

Today’s post is a guest post by Andre Albritton from The Millennials Next Door.  Check out his bio at the end of the post.

Looking at the stock market can be quite confusing if you are like most people who have no experience in investing. You have hundreds of companies, tons of numbers all of the place and the lingo sounds like another language. With new president-elect Donald Trump, it has become more confusing and volatile. The market has had sectors plummet and other sectors go up. Granted the market has stabilized since Election Day but the fact is we may be transitioning into a bear market from a bull market. However, there are tactics for each market that can help you profit off of any situation.

The market is based on global economic concerns, national economic data, and corporate financial performance. America has been in a bull market for the past seven years. This shows that investors believe the economy is doing well and have an optimistic outlook that strong results will continue. Since investors are optimistic about the market condition they will typically buy stocks while planning to make a profit whether it be for the short or long term. A simple way to remember the bull market is when a bull attacks its horn will strike up.

On the other side, we have the bear market. During this market condition investors are much more cautious about buying stocks and anticipating losses. This, of course, moves investors to sell their stocks instead of holding on to them. Typically a two-month downturn of 20% or more in multiple broad indexes, such as Dow Jones Industrial Average or Standard & Poor’s 500 index, will create a bear market. A simple way to remember the bear market is when a bear attacks its claws strikes down.

How to Profit During a Bull and Bear Market

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3 Reasons you should Skip Black Friday Shopping

Black Friday is the day after Thanksgiving and traditionally the busiest shopping day of the year.  It has been noted as the first day of traditional Christmas shopping due to plenty of deals that are advertised. As Black Friday has evolved, stores have begun opening on Thanksgiving day and many of the sales stretch into the following week.

Although 30% of annual retail sales occur between Black Friday and Christmas, that doesn’t mean that Black Friday shopping is for everyone.  While your friends and family are checking out the Black Friday deals, I encourage you to skip Black Friday shopping this year.  Here are 3 reasons you should skip Black Friday shopping:

3 Reasons you Should Skip Black Friday Shopping

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5 Half-Truths of Financial Fitness Exposed!

Check out the last guest post from a fellow personal finance writer, Mr. Compounding.  Stay tuned for his bio at the end of the post. 

A lot of us want to make the right decisions when it comes to our money.  At the end of the day, we all want to have more of it, right?

Where is gets tricky is when it’s actually time to take action.  There are a lot of universally accepted money principles that are downright false.  As a result, many people think they are better with money than they actually are because they follow these half-truths we all grew up hearing.

If you think you are doing the right things but can’t seem to gain any traction with your finances, or if you are like me and think of your financial success strictly in terms of net worth, here are some of the false and way too common assumptions you want to avoid.

5 Half-Truths of Financial Fitness Exposed!

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5 Actions to Take When You Receive a Raise

For most of us in corporate America, it is review season! Review season is a chance for you (and your manager) to reflect on your performance over the past year. If your review fairs well, you may be in store for a raise or a promotion.

A raise is one of the best feelings in the world.  It means that your hard work has been noticed and your paycheck will be a little (or a lot) larger.  Per Bloomberg, the best employees can expect a 5% raise and the average employees can expect a 3.1% raise.  Whether the raise is 1%, 5%, or more, you can still put that extra money to work.

Congrats if you received a raise and/or promotion this review period. Now, what do you do with all that extra cash? Check out these 5 actions to take when you receive a raise at work!

5 Actions to Take When you Receive a Raise

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How to Invest with $100 or less

According to a Forbes study about millennials and investing, 66% of millennials want to invest.  If so many millennials want to invest, what is stopping us?  Is it lack of knowledge?  Lack of finances?  Or even student loan burden?

“37% of millennials felt that their peers were ahead of them either in financial stability, current income, or saving for the future.”  I don’t want you to feel like your behind because it is so easy to get your feet wet in investing.  You don’t need to know everything about the stock market, you don’t need to be student loan free, and you don’t need a lot of money!

Check out these 6 companies that allow you to invest for $100 or less:

How to invest with $100 or less

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4 Major Costs That 1st Time Home Buyers Underestimate

Considering buying a new home? You are in luck. I bought my first home in April of this year. I would ask my friends, family, co-workers, and others about the home buying process. A lot of the answers that I was looking for – especially regarding the cost of home ownership were nowhere to be found.

In order to help you through your journey to homeownership, I decided to discuss the things you need to know if you are considering buying your first home in the next 3 years. To get started, check out these posts:

As you probably know, homeownership isn’t cheap.  Even if you have already taken the 5 steps I mentioned previously to prepare for your 1st home purchase and considered all the 10 costs homeownership, there is a good chance you are underestimating some of the costs.

Check out these 5 major costs that 1st time home buyers underestimate:

4 major costs that 1st time home buyers underestimate

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8 Strategies to Pay Off Debt Fast

After featuring my friend MJs debt payoff story, a lot of other people have made declarations of becoming debt free.  His story was motivating and inspiring.  If you haven’t read the post yet, as a teacher he paid off over $39,000 of consumer debt in less than in 21 months.

According to an article by Nerd Wallet, the average U.S. household with debt carries $15,675 in credit card debt.  In fact, credit card debt costs consumers an average of $2,630 in interest per year, assuming an average APR of 18%.

Paying off a large amount of debt can seem overwhelming but it doesn’t have to be.

The thing is anyone can become debt free.  It takes dedication and will power but you can do it too. In order to help others on the path to becoming debt free, check out these 8 strategies to pay off debt fast.

8 strategies to pay off debt fast

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The Ultimate Guide to Traditional and Roth IRAs for Millennials

According to a recent study by USA Today, millennials will need between 1.8 million to 2.5 million for retirement.  That is a lot of money!  Of course, that is taking into account inflation by the time we get ready to retire and the fact that social security may be unavailable.  Nevertheless, it is still a lot of money!  In order to get there, millennials will have to do more than just save in their 401k – or company-sponsored retirement plan.  That is why every millennial needs a Traditional and/or Roth IRA.

Today, we will break down what an IRA is, the similarities and difference between Traditional and Roth IRAs, and which saving vehicle is best for you.


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How to Enjoy Christmas without Going Broke

Can you believe that is already October? That means we have less than 3 months until Christmas. Believe it or not, it is time to start preparing financially for Christmas already!

According to a Gallup survey, in 2015 the average shopper spent $830 on Christmas presents!  Unless you have been preparing for some time, that is a big financial hit to take at once.

Check out these awesome tips on how to enjoy Christmas without going broke:



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5 Money Management Misconceptions about Women in Society

Today we have a guest post by Tina Roth.  Check out her bio at the end of the post.

Women have always been discriminated against. Women have been denied several rights – the right to vote, the right to work outside the home, and more. Time has changed now, we live in a gender neutral society where men and women are considered equal.

But distasteful stereotypes about women still exist. Women lack driving skills, women are bad at STEM – these are all stereotypes. It’s time we debunk them – once and for all.

But before debunking them, let’s have a look at them. Here are the 5 money misconceptions about women.


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