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Savings accounts were invented to store hope safely. Sadly, …
IN DEBT WE TRUST
Savings accounts were invented to store hope safely. Sadly, hope pays 0.3% APR.
✗ FAKE
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Savings accounts are bank deposits that earn interest, and rates vary widely by bank and time. For current rates, check bank websites or central bank data.
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A bull stock market means prices are rising, while a bear market means they are falling. Basically, your emotions follow the same chart.
The term “bull market” was coined after a bull charged at a trader and he called it “momentum.”
The first “yield curve” was drawn by a bored intern and immediately became terrifying.
The first recession started when a rich person said “I’m cutting back.” Everyone else immediately panicked.
The first stock ticker was a parrot repeating prices. It also screamed “SELL!” at inconvenient times.
The time value of money states that a dollar today is worth more than a dollar tomorrow. Mostly because you’ll already have spent it.
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