Once your debt is paid off and you have that 6-month emergency fund, you may want to start investing some of your money. Your Cheddar hosts Kristen Scholer and Tim Stenovec walk through a beginners guide to the stock market.
The first thing you need to do is build your financial library. Start learning the basics of the market by reading through finance blogs or listening to podcasts. Second, don't forget that investing is all about long-term goals. And third, understand the value of dollar cost averaging. The basic idea here is investing the same amount of money each month, regardless of what the market is doing.
FIFA’s soccer World Cup promises to deliver $11.1 billion in spending and $30.5 billion economic impact for the U.S., but how much is it really helping?
Bill Adams, Chief U.S. Economist at Fifth Third Bank, breaks down the Fed's latest decision, inflation risks, and what Kevin Warsh's debut means for markets.
Lou Whiteman, Contributing Aerospace Analyst at The Motley Fool, discusses SpaceX's volatile first week of trading and what investors should watch next.