AI's Mysteries, Starship Explosion, and Budgeting Myths

1 Top Cryptocurrency to Buy Before It Soars                                                                                                                                                                                                                                                                                                                                                                                                                 January 17, 2024 | [Read Online]( Good morning. It's Wednesday, Jan. 17, and we're covering if you need a financial advisor, TikTok advice, the best investments, and much more. First time reading? [Sign up here](. Stock Market Update Market Performance: January 17, 2024. US stocks stumbled on Tuesday, with investors still focused on the path of interest rates after a lackluster start to earnings season that kicked off with big bank results. Boeing (BA) dragged on the Dow Jones Industrial Average (^DJI), which ended the session down 230 points, while the S&P 500 (^GSPC) shed 0.4%. The tech-heavy Nasdaq (^IXIC) ended slightly lower despite flipping into green territory several times during trading as chipmakers Nvidia (NVDA) and Advanced Micro Devices (AMD) rose. [Goldman Sachs stock (GS) ended fractionally higher]( after the bank reported a fourth quarter earnings jump of 51% year over year. Goldman Sachs said its full-year net income of $8.52 billion for 2023 was down 24% as dealmaking slowed across the industry. Financial Maverick Insights Do I need a financial advisor? When you should consider getting one When it comes to managing your money, you don’t want anyone messing it up — and that includes you. There might come a time where you need to call in reinforcements and hire a financial advisor, especially when you’re making big decisions with your money. Not everyone’s financial situation calls for the extra help, but in some instances you might need one. Here’s how to tell if getting a financial advisor is right for you. What financial advisors do A financial advisor helps individuals manage their money and map out their financial futures. For example, financial advisors can help you plan for retirement, budget, plan your estate and more. They also help you set your personal financial goals to reach milestones. For instance, some people might want to buy a house soon while others are focusing on saving for retirement. A good financial advisor takes into account your family, age, career and priorities when crafting your financial goals, and then helps you find out how to reach them. [Keep in mind that goals change. Once you hit that next milestone]( or you feel like you want to change course, your financial advisor can help you figure out your next steps. Should Banks Offer Gen Z'ers Money Advice on TikTok in 2024? TikTok creators are devilishly effective at creating consumer demand. Increasingly, they are also advising their followers on how to pay for the lifestyles they promote — including occasionally dubious financial advice and can't-lose investment schemes. To fight off financial misinformation and guide consumers to reliable advice, banks can (and should) play an important role as responsible voices on the platform, all while growing customers. It’s no surprise that Gen Z spends a disproportionate amount of time on TikTok. In a few short years, the social media app has become an enormous influence on music, dance and fashion among younger people. [The allure of tips from friends and influencers,]( however, becomes more fraught when the hot topic is money. Already, the influence of TikTok is puts heavy pressure on young Americans to spend. Real Estate News Fast-Track Your Success with Personal Coaching: Learn the Secrets - MoreThanTheCurve Local News, Events and Guides in Conshohocken, Lafayette Hill, Plymouth Meeting and West Conshohocken Real Estate Agent: Definition, How Agents Work, Compensation A real estate agent is a licensed professional representing buyers or sellers in real estate transactions. I’m a Real Estate Agent: 3 Basement Renovations That Will Add To Your Home’s Value This upgrade could pay off. Dave Ramsey: Here’s What the Florida Housing Market Will Look Like in 2024 In a recent article, Dave Ramsey reported some key findings on the housing market in Florida, with predictions on what it'll look like this year. Whether you're thinking about buying a home in The... Personal Finance Tips What Is a Budget? Plus 10 Budgeting Myths Holding You Back A budget is an estimation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic basis. CHART OF THE DAY: Technology stocks will grow to 50% of the S&P 500 amid a growing labor shortage, Fundstrat says "Solving the global labor shortage requires technology that can act autonomously on the physical world," Fundstrat told clients in a note last year. I Retired Early: The Best Investments That Got Me There Who doesn't dream of early retirement? Hanging out by the shore with a margarita in one hand and a beach read in the other? Paradise. But how do you get there? How Much Money Will You End Up With if You Invest $1 a Day? Investing can seem daunting, but if you start small you can still make a big impact over time. Check out how much investing just $1 a day would net you. Alternative Investing Elon Musk reveals cause of Starship explosion, discusses giant rocket's future 'Ironically, if it had had a payload, it would have made it to orbit.' 1 Top Cryptocurrency to Buy Before It Soars 3,000% or More, According to Cathie Wood According to Ark Invest CEO Cathie Wood, the price of Bitcoin (CRYPTO: BTC) could soar to as high as $1.5 million by 2030. Investors chase the grail of unravelling AI’s mysteries Dominance of the fast emerging technology by a few large companies looks likely to develop into a far more competitive era. Do you think of yourself more as a saver or a spender? [Saver]( [Spender]( 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! 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