SoFi is an up and coming fintech company that offers a variety of services in a fully integrated platform. The company will be going public via SPAC.
Oil stocks has taken an unprecedented hit during the pandemic, with companies such as Exon Mobile(XOM) and Chevron(CVX) touching 15 year lows. This large drop was primarily caused by the unreal/insane collapse of oil demand as the world came to a standstill amid numerous lockdowns in an effort to curb the spread of Covid-19. While … Continue reading Is it Time to Invest in Oil?
With election wrapping up and Joe Biden the next president, I am prepared to tweak my investing strategy. With a democrat president, I am excited for the development of clean energy, electric vehicles, and renewed trade agreements. Here are 3 keys to my strategy. Note: Racism, discrimination, and misogyny have no place in our society. … Continue reading What’s Next? Planning My Post Election Investing Strategy
This week was a rough week on Wall St with Airlines and Bank reporting quarterly earnings. While the stock market has been loving tech and several consumer stocks, the financial and travel industries have not felt the love. Overall, Airline, Hotel, Cruise, and Casino stocks remain beaten down, although a few companies have recovered from … Continue reading Earnings Recap: What’s Next for the Airlines?
As many of you know, I've been working to grow Strictly Travel while also working on another side project with stocks and finance. I've been able to start blogging about investing, personal finance, and stocks. I had the opportunity to create Everyday Traders, a discord group community that allows member to bounce ideas off one … Continue reading Introducing Money Talks Podcast
Photo of the Federal Bank by WSJ The Federal Reserve is one of the most important pieces of our economy, focusing on enacting monetary to keep the economy in balance. Yesterday's announce from the Central Bank noted that the bank would "tolerate inflation moderately above 2%". On average, inflation is slightly above 3% per year. … Continue reading Inflation: The New Federal Reserve Policy and What this Means