Can money buy happiness? November 28, 2023 | [Read Online]( Good morning. It's Tuesday, Nov. 28, and we're covering emotional spending, top five tech stocks, ghosting your real-estate agent, and much more. First time reading? [Sign up here](. Stock Market Update Market Performance: November 28, 2023. Stocks closed down on Monday even as the major indexes remained on track to book their best month in over a year as an upbeat Wall Street kept rally hopes alive. The Dow Jones Industrial Average (^DJI) dipped about 0.2%, or more than 50 points, while the benchmark S&P 500 (^GSPC) also lost 0.2%. The tech-heavy Nasdaq Composite (^IXIC), which traded in positive territory for most of the day, slipped in late trading, closing down roughly 0.1%. High optimism for an end to US interest rate hikes has buoyed November's rally in stocks, setting the Dow up for its strongest month since October of last year â and since July 2022 for the Nasdaq and S&P 500. Financial Maverick Insights 'You can't trust your instincts,' says financial psychologistâhere's how to avoid emotional spending If stress or sadness has ever pushed you to buy something you probably donât need, youâre not alone. Nearly 70% of Americans say emotions have influenced their spending, a recent LendingTree survey finds. Younger generations are more susceptible to letting their feelings influence their purchasing habits. Roughly 75% of both millennials and Gen Z admit to emotional spending, possibly because theyâre less likely to think about their retirement funds when clicking âbuy.â Emotional spending is driven by our amygdala, the part of the brain that processes emotions. And when your emotions are running high, the prefrontal cortex â which is responsible for making judgements like those related to budgeting â gets tuned out⦠[By developing a clear and exciting vision of how you want](to spend your money in the future â think financial freedom or a down payment on a home â you can direct your emotional spending toward your goals. 5 Tech Stocks You Can Buy and Hold for the Next Decade Technology might be the hardest industry to stay on top of, but these stocks are positioned to dominate for years to come. Technology is a fascinating field to invest in, as [you put your money into the companies building the future.]( - A tremendous software company for government applications: Palantir Technologies (PLTR -0.62%) made a splash on Wall Street, weaving its custom software into the inner workings of America's government and that of its allies. - The chip company powering the AI revolution: Semiconductor leader Nvidia (NVDA 0.97%) has become the de facto chip company of this year's AI explosion. - A social media powerhouse: Dominating the world's social media landscape, Meta Platforms (META -1.04%) is behind several of the world's most popular apps, including Facebook, Instagram, and WhatsApp. - The world's leading cloud company: Known most for e-commerce, Amazon (AMZN 0.68%) doubles as a global technology giant. Its cloud platform, Amazon Web Services (AWS), is the world's leading cloud business, with an estimated 32% hold on the world's cloud service market. - An EV company building humanoid robots: CEO Elon Musk is a sometimes polarizing figure, but nobody can deny his success in growing Tesla (TSLA 0.27%) into a $700 billion juggernaut. Real Estate News I found a homeowner who wants to sell their house to me directly. Is it wrong to ghost my real-estate agent? "We've seen about 20 homes, and put in two offers that didn't work out for various reasons." Are real estate agent commissions too high in the U.S.? Americans pay some of the highest real estate commissions in the world and the fees are coming under scrutiny. Real Estate Agents: These 7 Vintage Features Are Hurting Your Homeâs Value While you may consider a particular feature "charming" on your old-fashioned home, the reality is that this could hurt the property's value. Personal Finance Tips Investing mantras: 4 key money lessons investors can learn from Francois Rochon Francois Rochonâs investing principles underline his attitude more than his intelligence Can money buy happiness? 60% of Americans say yes â and the price tag is $1.2 million If happiness has a price tag, the average person believes it's $1.2 million, according to Empower's financial happiness report. Helping Future Financial Leaders Develop Business Writing Skills Future financial leaders lack effective business writing skills. Gen-Z will need to develop these critical business writing skills to advance their careers. Alternative Investing "Will Wear It Every Day Until...": Elon Musk On Receiving Dog Tag From Israeli Parent During a meeting with Israeli President Isaac Herzog and the families of hostages, a parent presented the tech mogul with a dog tag with "our hearts are hostage in Gaza" engraved on it. Crypto Due Diligence and the Fiduciary Responsibility for Financial Advisors The tech industry is undergoing a major transformation, and crypto assets (virtual currencies) are a part of it. On November 17th, OpenAI co-founder and CEO Sam Altman was reluctantly fired. Bitfarms Ltd. Announces Major Upgrade In Bitcoin Mining Operations With a significant fleet upgrade, Bitfarms Ltd. gears up for a future-ready, efficient BitcoinBTC 0.0% mining era. How are your experiences with cryptocurrency investing? [Positive]( | [Negative]( | [Never tried]( Reach Over 100,000 Financial Mavericks Advertise with Financial Maverick to get your brand in front of the Financial Gurus in the world. The Mavericks are high-income and highly knowledge people who are always looking for an interesting product or tool. [Get In Touch]( Share Financial Maverick Calling all Financial Mavericks! To help out a family and friend in need by sharing this newsletter. 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