It's common knowledge that buying stocks of high-quality companies and holding them for years or even decades is one of the single best ways to generate long-term wealth. What's also increasingly clear is that, if investors resist the urge to buy and sell frequently, a small num
When the markets crashed in March, many investors were in panic mode, selling off good and bad investments alike. Ultimately, however, the sell-off offered just a brief glimpse as to how bad things could get, as many stocks began recovering just weeks later. In a prolonged marke
When COVID-19 first took hold in the U.S., stocks reacted almost instantly, plunging deep into bear market territory for the first time in over a decade. The market has recovered since then, but given that we're in a recession and that the pandemic is far from over, there's a go
Credit card default rates are typically higher than most other loan categories for a number of reasons, including the fact that credit cards let people spend more than they make. But during a recession, credit card defaults can really spike because unemployment jumps and people
Whether this is your first recession or one of many you've lived through, there's simply nothing that could have prepared Americans for the disruption caused by the coronavirus disease 2019 (COVID-19) pandemic.