A football coach will meticulously prepare a game plan for their upcoming opponent to ensure that every situation is accounted for. In that same vein, your finances deserve the same attention with focus on the fundamentals.

Our desire to hold onto what is already ours will sometimes cause us to make short-term decisions with long-term money because the pain of losing money is greater than the satisfaction of making money.

The question of buying an IPO (initial public offering) has less to do with the actual company in question and more to do with the probabilities of success in general.

As a purchaser of a CD, you are effectively lending money to the bank and the rate they are willing to pay will be slightly higher than the Federal Funds Rate. As such, as long as the Fed Funds Rate stays pinned to the floor as it currently is, do not expect the interest rates on CDs, money markets, or savings accounts to meaningfully budge.