According to a recent survey, 61% of Americans said they found investing scary or intimidating. Ryan Ermey, Staff Writer at Kiplinger, joins Your Cheddar to discuss how much extra money you can have when you retire if you start investing in your early twenties.
If you start investing $100 per month at a return rate of 8% per year at the age of 27, you'll have $35,000 by the time you're 67. However, if you invest that same amount of money at age 22, you'll have $530,000! Ermey explains why time and compound interest are on your side.
Plus, you can't put all your eggs in one basket. Ermey walks through different ways to diversify your investment dollars. Whether it be investing in bonds, ETFs, or stocks, you want to make sure your money is spread out in case one investment turns out to be a dud.
Bret Kenwell, US Investment Analyst at eToro, joins us to break down tech earnings, what’s driving tech stock momentum, and what investors should watch next.
Citigroup’s Global Chief Economist, Nathan Sheets, breaks down the Fed’s decision to hold rates, Trump’s reaction, and the likelihood of a cut this fall.
Tony Edward discusses Ethereum’s rise, governance of corporate crypto treasuries, the newly signed GENIUS Act, and the pending CLARITY Market Structure Act.
The Ether Machine, led by CEO David Merin, announces a $1.5B SPAC IPO. The firm holds 400K ETH, making it the largest Ethereum treasury holder globally.
