Image Credit: Alex Nabaum By Jason Zweig | Aug. 14, 2020 11:00 am ET Few funds in history can rival the returns of ProShares UltraPro QQQ, a $7 billion exchange-traded fund that seeks to triple the daily performance of the Nasdaq 100 index. Yet fewer can rival its risk, and you can lose money on it even in a flat or rising market. You...Read More
Do You Know the Difference Between Being Rich and Being Wealthy?
Image Credit: Alex Nabaum By Jason Zweig | Aug. 7, 2020 10:00 am ET It isn’t often that I receive a new book I feel I have to read, but I couldn’t wait to dig into The Psychology of Money. To be published next month, this 242-page, easy-to-read book by Morgan Housel isn’t about investing. It’s about how to think...Read More
A Golden Rule from a Golden Fool
Image Credit: Alex Nabaum By Jason Zweig | July 24, 2020 10:00 am ET Almost five years ago to the day, a market commentator with a prominent platform called gold “a pet rock.” Since then, gold has risen nearly 70%, hitting an all-time high this week. That market commentator? Yours truly. How wrong was I, and what can we...Read More