A look into what this macroeconomic term means — A recession refers to a significant decline in general economic activity in a designated region. According to the National Bureau of Economic Research (NBER), a recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income…

The cloud is not going anywhere — Cloud computing is the on-demand availability of computer system resources on the internet to store, manage, and process data remotely, rather than on a local server or a personal computer. Thanks to cloud computing, we can instantly access many of our favorite applications and tools directly from our laptops, phones…

Make researching companies easier for yourself — When it comes to becoming more knowledgeable of a company’s operations, finances, and expectations, you can use many different online resources. With the various online resources you can access, it can also be very confusing, especially if you are new to the world of finance when it comes to publicly-traded…

The leading ETF for tracking the performance of technology stocks — Technology stocks have been some of the best-performing stocks over the past decade. When it comes to keeping up with the leading technology stocks, there is an ETF that helps to simplify that. That ETF is the Invesco QQQ ETF, also simply known as QQQ. QQQ is an ETF that…

Position yourself to have high creditworthiness — In the United States, FICO Score is used by 90% of top lenders to determine your creditworthiness. According to Elite Personal Finance, the average FICO Score in the United States in 2021 was 716, a new all-time high. 716 is considered a Good FICO Score. …

Gain an understanding of the leading companies globally excluding the United States — Many of the largest publicly traded companies in the world by market cap are based in the United States. You can easily stay updated on them via an ETF such as the Vanguard 500 Index Fund (VOO). When it comes to staying up to date on the largest publicly traded…

A relatively reliable lead indicator of a recession — An inverted yield curve, sometimes referred to as a negative yield curve, is an unusual drop of longer-term debt yields below the shorter-term debt yields of the same credit quality. It is unusual because the expectation for a debt investor, such as a bond investor, is to witness higher yields…

Keep track of leading companies that purchase and operate real property — Real estate is real property that consists of land and buildings on it. It also includes natural resources found on the land. Examples of real estate include single-family homes, apartments, offices, hotels, hospitals, and farms. Real estate is everywhere you go and look. …

Understand where your money comes from and goes — The word budget is a dreaded word. It can feel like a waste of time creating one. That is why I like to use a five-column chart method to understand how money flows into and out of my checking account and list things out, which assists me in establishing a…