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What your personality has to do with your investments

[ad_1] You consider many things when managing your financial portfolio: Risk tolerance, fees, companies you’d like to support, how much you can afford to invest—and, of course, the events of 2020. It’s an understatement to say last year was turbulent and affected how we think about money. But there’s another factor, a little closer to home, that can impact how you invest: Your personality. Don’t worry—we’re not going to make you do a two-hour questionnaire to figure out how your temperament can affect your investments. Instead, we look to observations from the 2021 TD Wealth Behavioural Finance Industry Report. “Behavioural finance” is the study of how psychological factors influence the financial decisions we make. And the latest behavioural finance study from TD Wealth found that there are many psychological and behavioural factors that can impact a person’s willingness to take risks when it comes to their finances and investments. In other words, your personality and your relationship with risk can directly affect how you invest. Identifying your investing personality If your personality can influence your investing decisions, then how do you identify your personality? Using five main personality traits (known in psychology as the Big Five), TD Wealth can help you identify your personality based on how you rank on a scale for each of the Big Five traits: Conscientiousness, Agreeableness, Reactiveness, Extraversion and Openness. With the help of a TD Wealth advisor, you can take the TD Wealth Personality assessment—an easy quiz that helps you identify your investing personality. Once you understand what’s affecting your investing decisions, you can use this knowledge to learn more about yourself and how your personality may impact the financial decisions you make. Personality traits and investing Here are the Big Five personality traits and how they might help you identify your investing personality through the TD Wealth Personality assessment. Conscientiousness: Do you have a good sense of right and wrong? Does it matter to you? LOW: Low conscientiousness may be associated with short-term compromise and living in the moment HIGH: High conscientiousness may be characterized by short-term sacrifice in pursuit of long-term goals. According to the report, someone who is highly conscientious tends to be low risk with their investments, while the opposite may be true for those with lower conscientiousness. Agreeableness: How likely are you to go along for the ride? LOW: Low agreeableness may suggest a more inquisitive and questioning personality. HIGH: High agreeableness may suggest a more trusting and cooperative personality that values social harmony. Those who are highly agreeable may be less likely to work in a volatile industry or have volatile income and may be less likely to have had poor relationships with advisors in the past. On the other hand, those who rate themselves as having low agreeableness may take more risks with their investments. Reactiveness: Do you respond quickly to things? LOW: Low reactiveness can be characterized by calmness and emotional stability. HIGH: High reactiveness may suggest a tendency to respond negatively to stressful situations Are you quick to check on your investments when the market takes a downturn? Do you get anxious about your portfolio when you hear about the stock market is in the news? Then you might rank higher on the reactiveness scale. According to the report’s findings, people who identified as working in volatile industries may be more likely to be higher on the reactive scale. They may also be less able to stick to their investment plan during a market downturn. Interestingly, the report also noted that those with a volatile income or who work in a volatile industry are 2.5 times more likely to select a volatile portfolio, which is a portfolio that is likely to lose money in multiple years but can offer the potential of higher long-term growth. Extraversion: Are you outgoing? How confident are you? LOW: Low extraversion may be indicative of a more reflective personality HIGH: High extraversion may be characterized by an outgoing nature and the tendency for quicker decision making If you are more extraverted, the report found that those who identify as extraverted individuals may be more likely to assess themselves as being knowledgeable and confident investors. And they are likely to stick to their investment strategy during a market downturn. Those who claimed to be knowledgeable and confident investors were 3.5 times more likely to prefer a more volatile portfolio (a portfolio that is likely to lose money in multiple years but offers the potential of higher long-term growth) than those who do not claim to be knowledgeable and confident. But, there’s a potential downside to extraversion as well. Highly extraverted or overconfident individuals may take more risks with their investments and can pay higher prices for financial assets. They may also end up with more overpriced assets in their portfolio, as compared to investors who are more introverted. Openness: Are you a receptive person? LOW: Low openness may be indicative of a safer, more pragmatic personality HIGH: High openness may indicate a willingness to experiment in pursuit of ideals or higher ambitions People are more open think of themselves as more knowledgeable and confident investors and tend to take more risks. What you can do as an investor It’s important to know that none of these personality traits are “good” or “bad.” It’s about understanding how your personality can affect your investment style and working with an advisor to align your investment strategy with your risk appetite and goals. Here are some things to consider when investing with an advisor: Work with an advisor you like and trust Having a candid relationship with an advisor you like and trust can help you develop the right plan for you, especially when they have a better understanding of your personality. Plus, they’re there for you to ask questions and help you make the right decisions. They can help balance out your risk or encourage you to take more well-informed risks with your portfolio. Have a plan You and your advisor can create

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How to Make Cash Today

[ad_1] The post How to Make Cash Today appeared first on Millennial Money. If you’re reading these words, you need money and you need it fast. Maybe you need to pay rent, buy meds, pay your student loan, or fill your stomach to fight another day.  Whatever your reasoning, the good news is that it’s never been easier to make quick cash. With that in mind, here are some things you can do to pick up some extra money.  25 Ways to Make Cash Today Here are the top 25 ways that you can make cash today. Take online surveys Sell your unwanted stuff Find jobs on TaskRabbit Babysitting Pet sitting Shop on Instacart Deliver food Teach English online Drive for Lyft or Uber Scour Craigslist for odd jobs Teach as a substitute teacher Slash your bills Liquidate investments Visit a pawnshop Be a street performer Sell your clothes Cash in credit card points Bartend or wait tables Monetize your network Try temp work Rent your space on Airbnb Monetize your car with Turo Rent your garage Sell your car Get a personal loan 1. Take online surveys If you’re looking to make good money today, online survey sites and market research companies can be tricky. That’s because paid online surveys often require you to spend a lot of time and effort before you can cash out. Many also only offer gift card payouts. That said, some survey sites, like InboxDollars and Survey Junkie, do provide quick cash turnarounds. Plus, some offer generous signup bonuses just for getting started. Poke around and try to find surveys online that you can use to make cash today. Learn More: Check out the best survey sites InboxDollars FREE With InboxDollars, you take surveys, earn cash, it’s that simple, you can even earn to watch tv! Sign Up ($20 bonus) 2. Sell your unwanted stuff Most people have a bunch of unnecessary items just sitting around. A lot of this stuff could be easily sold online. Or if you want cold hard cash today, consider throwing a garage sale. Not only can you earn some extra cash selling these items, but you’ll also be clearing out space in your home.   When’s the last time you actually played your old Nintendo 64? It’s probably been a while. While you’re at it, stop pretending you’re going to watch any of the DVDs on your shelf within the next decade.  You’re better off selling these things—along with your old laptops and cell phones—on a site like Decluttr or eBay. Then you can cash out your extra money to your PayPal account while this stuff still has some resale value.  Learn More: Best selling apps for 2021 Decluttr FREE Sell your unused stuff that’s lying around collecting dust today! Start Selling Today 3. Find jobs on TaskRabbit Let’s say you’re handy with tools. Or maybe you have a knack for interior painting or furniture assembly. If this sounds like you, you’re in luck. You can make money with these skills on TaskRabbit. Somewhere in your neighborhood, a community member has fences that need to be painted and grass that needs mowing.  Download the TaskRabbit app, create a profile, and list the services you’re good at. You don’t need any experience or credentials for small jobs, just a willingness to help and a drive to make money.  If you need quick cash, TaskRabbit is definitely worth checking out. Sign up with TaskRabbit 4. Babysitting  If you’re good with children, babysitting is one of the best side hustles.  Think about all the people in your network who could use a night off from their kids through the help of a sitter. You could be that sitter, earning money to watch Disney movies and eat kid snacks! Head over to Care.com, a site that connects caregivers to people in need of assistance. If you’re responsible and great with networking, you may be able to line up a few steady-paying gigs and pocket a few hundred in real money each week. Learn More: Care.com Review Care.com Care.com offers you the ability to list your services as a care giver, or to list your needs for a caregiver and review background checks. Learn More 5. Pet sitting  Not everyone is great with kids. Some people are better suited for working with dogs and cats, and that’s perfectly okay.  People in this situation should look into pet sitting. Try the same strategy: Contact pet owners you know to form business connections. Once you’ve got a few clients, expand your business using a platform like Rover.com, an on-demand pet sitting and pet care site. Sign up with Rover 6. Shop on Instacart  If you’re low on cash, you’re probably also low on groceries and need to go to the grocery store. You can earn a few dollars in the process using the Instacart app. Simply sign up for Instacart, and people will pay you to shop for items throughout the grocery store.  All you have to do is sign up, and you can get paid to shop and deliver groceries to customers. Make a few of these trips, and you’ll earn enough money to pay for a week’s worth of your own groceries. It’s a no-brainer if you need quick cash. Learn More: Instacart Shopper Review Instacart Learn more about becoming an Instacart full service or in-store shopper today and start earning extra money. Learn More 7. Deliver food After you’re done cruising around delivering groceries, keep the cash flow going by using delivery apps like DoorDash, Grubhub and UberEats.  These apps are handy because they can provide access to a variety of restaurants in your area. It’s also a great way to make money late at night from people ordering midnight snacks like pizza and wings. You can also expand your horizon and go beyond food, delivering items like office supplies and even alcohol through the Postmates app. If you want to deliver more alcohol, Saucey is an on-demand booze service. You can

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Pinterest Stock Forecast 2025

[ad_1] The post Pinterest Stock Forecast 2025 appeared first on Millennial Money. Like many social media platforms, Pinterest (NYSE: PINS) saw engagement surge in 2020 due to the COVID-19 pandemic forcing people to stay home. As a result, Pinterest stock delivered stellar gains of over 250% for investors last year. At the same time, Pinterest is relatively differentiated from other social media platforms, since Pinterest is predominantly a visual platform where users can explore creative interests. The company has been largely insulated from the kind of privacy scandals that plague other services like industry leader Facebook (NASDAQ: FB). Total monthly active users (MAUs) surged by 37% throughout 2020, climbing to 459 million by the end of the year. Quarter MAUs YOY Growth Q4’19 335 million 26% Q1’20 367 million 26% Q2’20 416 million 39% Q3’20 442 million 37% Q4’20 459 million 37% Data source: Pinterest. Shares now trade in the ballpark of $79, or 25.4 times sales as investors price in ambitious growth expectations for the business going forward. Wall Street is also bullish, with an average price target among analysts of $163.77, ranging from a high valuation estimate of $220 to a low of $74. Pinterest (NYSE:PINS)Price: $77.72 (as of close Jul 7, 2021)Market Cap: 49,496,834,277 document.addEventListener(“DOMContentLoaded”, function(event) { Highcharts.stockChart(“stockChart-0f2a67f1700e0fc86100ff04a5ae57f5”,{rangeSelector:{selected:1},title:{text:”Pinterest (NYSE:PINS)Closing Stock Price”},subtitle: {text: “30-Day Historical Data”},navigator: { enabled: false },scrollbar: { enabled: false },credits: { enabled: false },xAxis: { type: “datetime”, labels: { formatter: function() { return Highcharts.dateFormat(“%m %d, %Y”, this.value); }}},colors: [“#118b4e”],rangeSelector : { enabled: false },series:[{name:”NYSE:PINS”,data:[[1623038400000,65.43],[1623124800000,66.04],[1623211200000,66.12],[1623297600000,68.25],[1623384000000,68.18],[1623643200000,68.67],[1623729600000,70.54],[1623816000000,69.66],[1623902400000,73.14],[1623988800000,74.19],[1624248000000,71.13],[1624334400000,73.16],[1624420800000,74.79],[1624507200000,76.28],[1624593600000,76.84],[1624852800000,78.8],[1624939200000,78.67],[1625025600000,78.95],[1625112000000,79.86],[1625198400000,79.31],[1625544000000,80.29],[1625630400000,77.72],],tooltip:{valueDecimals:2,xDateFormat: “%A, %B %e, %Y”}}]}); }); Pinterest Stock Forecast 2021 The momentum Pinterest built in 2020 has carried into 2021, with MAUs jumping by 30% in the first quarter to 478 million. That heightened engagement drove a 78% increase in revenue to $485 million, while net losses are shrinking as Pinterest marches towards profitability. Pinterest stopped providing full-year forecasts due to ongoing macroeconomic uncertainties related to the pandemic, shifting to a practice of offering quarterly guidance instead as market conditions evolve. The company expects revenue in the second quarter to jump by 105%, with worldwide MAUs growing in the mid-teens while MAUs in the core U.S. market will remain flat. The company has laid out its strategic priorities for the year, which primarily revolve around content. Pinterest plans to refine the user (“Pinner”) experience and focus on delivering greater results for advertisers, al while expanding the foundation for e-commerce and shopping initiatives.  Pinterest Stock Forecast 2025 Analysts are forecasting steady top-line growth in the years ahead, albeit with some natural deceleration as the revenue base grows. Based on Wall Street’s models, Pinterest could enjoy a compound annual growth rate (CAGR) of over 23% through 2025. Here are the current consensus estimates for Pinterest revenue. Year Revenue YOY Growth 2021 $2.58 billion 53% 2022 $3.45 billion 34% 2023 $4.75 billion 37% 2024 $5.94 billion 25% 2025 $7.3 billion 23% Data source: S&P Global Market Intelligence. In terms of adjusted earnings per share (EPS), here is what Wall Street is currently looking for. Year Adjusted EPS YOY Growth 2021 $0.91 118% 2022 $1.30 43% 2023 $2.01 54% 2024 $2.71 34% 2025 $3.25 20% Data source: S&P Global Market Intelligence. While Pinterest’s MAU base is already sizable, the platform still pales in comparison to some of the largest social media sites. That suggests plenty of opportunities ahead if the company can achieve comparable scale. Pick Like A Pro Where to invest $500 right now Before you buy Amazon, or Netflix, or Apple, consider this… The team at Motley Fool first recommended each of those stocks more than a dozen years ago! They discovered Netflix for $1.85 per share, back in the days of DVDs by mail. And recommended Amazon at $15.31 in 2002, before most people were comfortable using credit cards online. And even hit Apple at $4.97 per share, about a month before the release of the very first iPhone. Check out where those stocks are today. The bottom line: a $500 investment in all three of these stocks would be worth more than $200,000 today! And here’s why that’s important: The Motley Fool’s flagship investing service Stock Advisor just announced their top 10 “best buys now” across the entire stock market. Whether you’re starting with $100, $500, or more, you’ll want to get the full details! Email Address Continue Also opt-in to receive Millennial Money! It’s our newsletter devoted to helping you achieve financial freedom. That means you’ll receive new stock ideas, our favorite side hustles, and much more every single week! By submitting your email address, you consent to us keeping you informed about updates to our website and about other products and services that we think might interest you. You can unsubscribe at any time. Please read our Privacy Statement and Terms & Conditions. window.onload = function(event) { if (!document.getElementById(‘ecap-async-js’)) { dataLayer.push({‘event’ : ‘ctaFailed’, ‘failType’ : ‘JS Enqueue Failure’ }); } } Click here to learn more .tmfsa-text-widget .ecap-widget { padding: 0 !important; border-left: 0 !important; } Pinterest Stock Forecast 2030 Looking at the rest of the decade, analysts are modeling for revenue to reach $16.59 billion in 2030. Here’s a breakdown of each year’s revenue, according to Wall Street. Keep in mind that long-term forecasts are vulnerable to greater uncertainty. Year Revenue YOY Growth 2026 $8.97 billion 23% 2027 $10.65 billion 19% 2028 $12.56 billion 18% 2029 $14.53 billion 16% 2030 $16.59 billion 14% Data source: S&P Global Market Intelligence. Profitability is also expected to skyrocket on an adjusted basis. Year Adjusted EPS YOY Growth 2026 $4.11 26% 2027 $5.09 24% 2028 $6.18 21% 2029 $7.31 18% 2030 $7.93 8% Data source: S&P Global Market Intelligence. Pinterest Bull Case In no uncertain terms, Pinterest’s greatest opportunity to grow the business in the future lies in strengthening the monetization of users. Specifically, the majority of MAUs are located outside of the United States, where Pinterest’s average revenue per user (ARPU) remains relatively weak.  Geographical Segment MAUs (Q1’21) ARPU (Q1’21) United States 98 million $3.99 International 380 million $0.26 Global

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*HOT* 50% off Under Armour Apparel for the Family = Kid’s Shorts as low as $9.99 shipped, plus more!

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*HOT* 50% off Under Armour Apparel for the Family = Kid’s Shorts as low as $9.99 shipped, plus more! Read More »

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