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Stocks Slumping? Stay Sane & Stay Invested
If your investment account took a dip to start the year, don’t freak out! Here are three simple reasons to stay calm, stay invested, and skip the panic button. 1. Zoom Out to Chill Out!Worried about short-term stock market dips? Take a step back! Long-term investing is usually a winner. The S&P 500 is up…
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6 Stocks You Can Own with one Click*
Imagine having a simple way to invest in the brands that shape our daily lives and drive innovation—all with just one click on Stocks 500, a Beanstox Account that invests in a portfolio of S&P 500 tracking ETFs. 1- Apple · Renowned for its innovative products like the iPhone and Mac, Apple remains one of…
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Three Easy Money Resolutions for the New Year
They’re easy to follow, help you save, invest, and could make managing your money stress-free. 1. Build a Simple Budget 2. Learn How to Reduce Taxes 3. Set Up Automated Investing (The “Set-It-and-Forget-It” Goal) Start Small, Win Big Building your budget, reducing taxes, and automating your investments are small steps that could make a huge…
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A Strong Year for Stocks: Reminder that Staying Invested Could be Your Best Strategy
As 2024 wraps up, it’s a perfect time to look back and celebrate an incredible year for many investors and the stock market. The S&P 500 has once again shown its strength, delivering impressive returns and reminding us why staying invested pays off. Whether you’re a seasoned investor or just getting started, let’s take a…
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Why One-Click Investing* Can Beat Stock-Picking
When it comes to growing your wealth, the age-old debate of stock-picking versus diversified investing often pops up. While stock-picking might sound exciting, the stats don’t lie: investing consistently in a diversified portfolio, like Beanstox Stocks 500 that invests in ETFs tracking the S&P 500 Index, often wins the long-term game for most people. Here’s…
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Your Secret to Lower Taxes and More Wealth!
Saving for the future might seem daunting, but there’s a straightforward way to grow your money with tax advantaged—Individual Retirement Accounts, or IRAs. These accounts come with tax benefits designed to help you build a retirement nest egg over time. But what exactly is an IRA, and how does it help you save on taxes?…
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Warren Buffett’s Instructions for his Family’s Wealth
A wise man once said, “Simplicity is the ultimate sophistication,” and no one embodies this wisdom better in the financial world than the “Oracle of Omaha,” Warren Buffett. Considered by many as the GOAT, he has built a net worth over $100 billion primarily by investing in a diverse set of companies through his company…
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How Markets Historically Performed After Rate Cuts
The Fed started a new rate cutting cycle earlier this month by taking the Fed Funds rate down by 0.50%. If curious to know how this could affect you, check out the blog we shared before the announcement: Interest Rate Cuts – Coming Soon? How Low Will They Go? With the first rate cut of…
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Interest Rate Cuts – Coming Soon? How Low Will They Go?
Interest rate cuts may be on the way, and history shows they can happen fast. In the last three major rate cut cycles—in Jan 2001-Dec 2001, Sep 2007-Dec 2008, and July 2019-March 2020—the Federal Reserve (Fed) cut rates by 0.75% to 2.75% within the first six months. After each of these cuts, rates dropped below…
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Sweat the Small Stuff: A Lesson from Kevin O’Leary
Next time you’re about to make an impulsive purchase, think about the long-term benefits of investing that money instead. The power to transform your financial future lies in your hands, and Beanstox is here to help you along the way. We’ve all been there. A quick coffee run before work, a sandwich for lunch from…