Dow is Down Around 1,800 Points After Last Two Sessions
Chad Morganlander is a Portfolio Manager at Washington Crossing Advisors. Morganlander joins to discuss what's next for the stock market after the Dow has lost 1800 points over the last two trading sessions.
Morganlander says investors need to keep perspective. When it comes to advice for the average investor, Morganlander does not advise pulling out all of your money. He says you should keep your investments for the companies that do not carry a lot of debt and are trustworthy.
Even though Morganlander said he expected this to happen, the problem is you never know exactly when it is going to happen.
Apple on Monday unveiled a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter's ability to popularize new-fangled devices after others failed to capture the public's imagination.
A new poll shows that nearly half of Americans want a minimalist lifestyle and 41% cited financial reasons for doing so. Joshua Becker, founder and editor of Becoming Minimalist, joined Cheddar News to discuss the financial and psychological benefits of removing the physical possessions not needed.
Airlines are expected to make nearly $10 billion in profits this year, despite a slowing economy, according to a new forecast from the International Air Transport Association.
U.S. stocks are drifting Monday to begin what could be a quiet stretch following weeks of gains that rallied Wall Street to the edge of what's called a “bull market."