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Fighting Back Against Inflation
It’s not every day that bananas make headlines, but they did exactly that when Trader Joe’s recently announced a price increase of their popular fruit for the first time in over twenty years. The 4-cent jump, from 19 to 23 cents, caught the attention of more than just banana buffs. It symbolizes a larger economic trend—inflation. It’s…
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Invest to Build Wealth: Why Earlier is Easier
Your Path to a Million by 65 Waiting to invest is easy to do. You might think there’s plenty of time, or that you’ll have more money to invest later, but that’s a common trap. Fortunately, Beanstox makes it just as easy to start now! Consider this. Even if you do increase your income later…
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ETFs: What are they? Why do we use them to invest for clients?
At Beanstox, we simplify investing for you by carefully selecting from thousands of Exchange Traded Funds (ETFs), a type of investment option that is increasingly preferred by both large and small investors for their advantages in cost savings, tax efficiency, and potential diversification. Whether you’re interested in large company stocks, tech stocks, dividend growth, T-Bills,…
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Investing: Where ‘Participation Trophies’ Spell Victory
In the competitive world of sports, ‘participation trophies’ – those awards given to all players, win or lose, spark a lively debate. Critics argue they reward minimal effort over real achievement. However, when it comes to investing, the idea of “just showing up” could reveal a winning strategy. Minimal Effort, Real Achievement. “Investing is not…
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Give Yourself a Raise: How to Earn Extra Income Beyond Your 9 to 5
Looking forward to a pay raise? Why wait? Give yourself one. Smart saving and investing could give you the extra income you’ve been hoping for, or at the very least, offer a new perspective on earning a little extra dough. Be Smart with Your Extra Cash Investing isn’t just for the well-off or those with…
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Mastering Market Cycles: Three Beanstox Strategies for Smarter Investing
Investing can transform your life and set you on the path to financial freedom! It will also, inevitably, test your nerves. The past 50+ years, however, show that it’s much better to learn to tolerate the ups and downs of investing rather than reacting to them. The key to successfully dealing with our investment emotions…
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Stocks Hit New Highs: Now What?
Long-Term Trend Great news for investors – the S&P 500 stock index is once again back up and now at its highest point ever. Although stocks have gone up significantly reaching many new highs in the past 10, 20, 30 and 40 years, reaching new highs hasn’t happened in over two years, so it’s a…
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Building Wealth Takes Time… But Less and Less
Compounding: Investing’s Hidden Accelerator Often overlooked in the rush for quick gains, the true power in wealth building lies in something remarkably simple yet profound: patience. Patience isn’t just a virtue; it’s the key that unlocks the magic of compounding. Compounding is the financial world’s equivalent of a snowball rolling down a hill, gathering size…
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Celebrating 200 Years of Growth
As 2023 comes to an end, let’s take a moment to reflect on this year’s stock market returns and put them into perspective within nearly two centuries of market history. Whether you’re new to investing or just looking for a quick update, this overview will help you grasp how the market has performed this year…
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Celebrating Charlie Munger: A Tribute to His Timeless Investment Wisdom
Celebrating Charlie Munger: A Tribute to His Timeless Investment Wisdom In the world of investing, few legends shine as brightly as Charlie Munger. With heavy hearts, we at Beanstox reflect on the remarkable life and legacy of Charlie Munger, who passed away at the age of 99. Just shy of his 100th birthday on New…