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Wings of Wealth is a series of interviews with the Wealthy Parrot readers, focusing on their experiences and insights regarding financial freedom. If you want to tell your story, feel free to write me to info@wealthyparrot.com. Hi Peter and welcome to Wealthy Parrot! Can you start by briefly
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Hello, financial aficionados! By now, you've likely heard about the GameStop drama that took place in early 2021. If you haven't (were you living under a rock?), get ready for a deep dive into one of the stock market's wildest tales. But before we
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As many people around the world have just finished their summer vacations, I thought reflecting a bit on summer spending habits could be useful. This is because summer, with its sunlit days and beckoning beaches, tends to tease out the spender in many of us. The unexpected cost of warmer
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When we speak of the Great Recession, we recall a period of profound economic turmoil that spanned from December 2007 to June 2009. The markets plunged, unemployment soared, and many industries crumbled under the weight of financial collapse. The Dow Jones Industrial Average took a breathtaking nosedive, plummeting 53.78%
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Did you know that during the Great Recession of 2008, the S&P 500 index plummeted by a staggering 57%? It was a scenario that caused sleepless nights and financial anxiety for many. In times of economic turmoil, protecting your investments becomes more critical than ever. That's
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Wings of Wealth is a series of interviews with the Wealthy Parrot readers, focusing on their experiences and insights regarding financial freedom. If you want to tell your story, feel free to write me to info@wealthyparrot.com. Hi Ludwig and welcome to the Wealthy Parrot! As you know, we
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Special Purpose Acquisition Companies (SPACs) are becoming increasingly popular as a means of going public for companies. SPACs, also known as "blank-check companies," are formed with the purpose of raising capital through an initial public offering (IPO) and then using that money to acquire or merge with a
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I am not sure about you, but it seems to me that the plethora of AI platforms recently had a big bang moment, to the point that we went from "Ok assistant X play some music" to "Do my job as today I don't feel
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Are you looking to diversify your portfolio but not sure where to start? Exchange Traded Funds (ETFs) are a great way for novice and savvy investors alike to begin trading. With ETFs, you can easily access an array of asset classes without having to purchase thousands of individual stock shares.
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When it comes to evaluating the performance of an investment portfolio, most people (and financial institutes) use the historical approach. This means to look at how the portfolio would (should) perform in the future if the market conditions were the same as in the past. This is normally wrong because
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Are you looking to expand your investment portfolio? Have you ever considered investing in bonds? Bonds are one of the most common investments and can provide a steady stream of income over time. If you're new to bonds or just want to brush up on some of the
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Are you interested in investing in stocks but don't know where to start? If so, you’re not alone. Investing in the stock market can be a great way to create passive income and build wealth for your future, but it can also be intimidating if you are