Yesterday the stock market experienced one of the worst days of the year. The Dow Jones Industrial Average fell 832 points, more than 3%, the biggest lost since 8 months ago on February 8th. The S&P 500 dropped 3.3% to 2785.68. But the biggest losing major index was the Nasdaq Composite, which tumbled 4.1% to 7422.05, its biggest single day decrease since June 2016. The … [Read more...]
interest rates
Best Stock Sector to Watch for in 2018
As 2018 begins investors try to decide what the best investments are to get into. Last year it was marijuana stocks and technology companies. Will 2018 repeat the same trend? Probably not. When the economy grows faster the chair of the Federal Reserve tends to raise interest rates. Given how the GDP growth in the United States was over 3% for the two most recent quarters it is … [Read more...]
How Interest Rates Affect Real Estate Prices
The profitability of rental properties in the US are affected by interest rates. Usually when a central bank decides to tighten monetary policy it slows down economic activities because businesses rely credit to grow. But for real estate investors a rising interest rate environment may be an opportunity to buy assets are a cheaper price.One metric to measure the … [Read more...]
Adjusting Debt Levels Based on Interest Rates
The United States and much of the world has been in a long period of low interest rates. But the Federal Reserve, the independent body that sets base rate targets for the financial markets, has been slowly raising interest rates since 2015. Over the last 6 months, the interest rate has climbed twice, each time a 0.25% increase.It is expected by most economists that … [Read more...]
How Credit Score Affects Interest Rates on a Lending Club Loan
We all know that your credit score can be like an albatross hanging around your neck, as it can serve as a painful reminder of any financial mistakes you have made in the past. Not only can it limit your options in life, but it can also prevent you from taking out a loan when you need it.If you’re able to take out a loan, your credit score will affect the type of interest … [Read more...]
