Tim’s Top Links – 5/13/20

If you happened to miss this week’s episode of the Mullooly Asset Show, I’ve linked to it below!  Be sure to subscribe to our YouTube channel to catch every weekly episode of the show.

Here’s what I’ve been reading this morning:

‘Credit Cards and COVID-19’ – Mullooly Asset Show

  • Properly managing your credit right now is super important, and in this week’s video I talk about some changes credit card companies are making during this crisis.  Some companies are cutting credit lines, some are offering assistance to those in need, and some are doing both!

‘tHe sToCk MarKet is iGnorInG tHe rEaL EcONomY’ – Josh Brown – The Reformed Broker

  • Josh writes about the disconnect between the “economy” we see with our own eyes, and the economy that happens online.  In today’s world, the “real economy” isn’t so much the brick-and-mortar stores of the past, but rather the companies that thrive online.

‘How Much Could You Lose?’ – Nick Maggiulli – Of Dollars and Data

  • Building off an earlier post, Nick looks at the likelihood of prices being 10, 20, 30% lower than when you decided to invest.  We know that there’s a 95% chance prices will be lower at some point in the future, but by how much?

‘Stay in Your Lane’ – Alex Riley – Bunker Riley

  • In a real-life horror story, Alex drives home the point of “know what you own”.  He tells the tale of how one man’s decision to wade into futures contracts ended up costing him BIG TIME.  Check out the article to see the real number.  It’ll make your eyes pop.

ENJOY!

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