The latest housing bubble burst in 2005, a few years prior to the stock market meltdown.
Housing prices peaked in 2005, and over-leveraged homeowners started to feel the pinch of falling property values leading into the 2008 financial crisis. In the 2005 - 2012 period, housing prices fell some 30-80% in various parts of the U.S. Problems emerged when the loans outstanding on homes exceeded the home's value, and when job losses eventually resulted in mass defaults.
There are various factors that led to the ultimate financial crisis, but one thing we can know with certainty is that bubbles (real estate, dot com, tulip, etc.) appear with certain regularity. The best advice we can give you is very simple: if it seems too good to be true, there is probably danger looming.
Second-to-die policies a.k.a. survivorship policies, are primarily used to provide a guaranteed legacy to their children
A Monte Carlo Simulation outlines the many possible outcomes of a situation, as well as the probability any will occur
Net Present Value (NPV) is the difference between present value of net inflows versus the present value of outflows
The Law of Demand states that as prices increase, demand will decrease, and vice versa. That is to say, inversely related
An Accelerated Share Repurchase (ASR) is a method where companies can buy back a significant amount of their shares
The direct cost of materials and labor are a good example of variable costs that will fluctuate with production levels
Who would have thought that a 19 year-old from Toronto could write a whitepaper nearly as influential as Satoshi Nakamoto’s (Bitcoin founder)?
The DAO was somewhat of an experiment in corporate governance and structure built on the open-source Ethereum platform
A good financial advisor should care as much about your investments as you do, and be personable and knowledgeable
A market-on-close order is used to execute a trade at the last possible moment before the market closes for the day