We need 3% gains today. That's right, after dropping 15% our 5% Rule says a weak bounce should be 20% of the drop and that's a 3% bounce off yesterday's close just to keep us a tiny bit bullish.
It's time to hop back in and investing there. We've rounded up the best investment advice from the people you should trust most -- renowned expert investors from Warren Buffett to Carl Icahn who have made millions (some, billions) by investing.
While you relax in the sun by the pool this summer, make the most of your free time by checking out 25 of the hottest, newest and best-selling personal finance books. Learn how to catapult yourself to success and better manage your funds.
I'm sure Jim Cramer will be the last one to leave the burning building, but the era of stock picking is basically over. He continues to talk about index funds as being adequate for those who don't have the time to research individual stocks, but investors -- in increasing numbers -- are too smart to fall for this shtick.
Inside Keith McCullough's Hedgeye Risk Management: “For better or worse, I’ll die here."
When it comes to matters of the heart and wallet, we wanted to know what these life and finance gurus carry around with them.
The Beatles are often credited as the greatest rock band of all time. Their following is huge now, but if you look at their beginnings you'll discover something else about the Beatles. They are great content marketers.
Want to feel outraged for a few minutes? Then watch Jon Stewart roll these clips of CNBC's Maria Bartiromo and Jim Cramer
Brian Belski, the chief investment strategist at BMO Capital Markets, opines that the S&P 500 may go to 1,900 now that the Federal Reserve has decided to not taper its asset purchasing program. He is correct. It might go to 1,900. Then again, it might not.
Bill Clinton and Strobe Talbott The former president lived with the former deputy secretary of state and journalist when
Fibonacci was a brilliant mathematician, but even he couldn't predict tomorrow's news. Don't bet your financial future on anyone who says they can.
How would you like to invest $10,000 and watch it grow over twenty years into $1,461,920? Well that's what happened at the giant hedge fund, SAC Capital Advisors, which made a 30 percent return for 20 years in a row.
The new Rich List is out -- yet another example of financial pornography. While nearly 15 million Americans still can't find jobs due to the Wall Street-created crash, the top hedge manager, David Tepper, earned $1,057,692 an HOUR in 2012.
When what you do is make money from money, it seems as if breaking or avoiding laws and rules create victimless crimes. It's all a big game, where each person is trying to out-hustle the other. It's him or me so what does it matter if we both cheat a bit?