The Inverted Yield Curve!

If you have been watching the news recently you probably saw that the yield curve has gone negative! Looking at past trends, this has nine times out of ten indicated a coming recession! Yikes!

I like recessions though! Stocks are on sale and sector ETFs are cheap! My technique is to use dollar cost averaging during periods of uncertainty.  

The best way I have found to use this method of investing is to use M1 Finance. It allows you to set up automatic investing on a weekly, monthly, or bimonthly basis. Or you can just set up one time deposits depending on what you want to do. I personally think its a neat feature because I use the application passively and automatic withdrawals from my checking account to M1 Finance streamlines things with my budget. Using this platform is free! No fees!

(You can also use Robinhood, which is also free. However, they don't allow you to purchase fractional shares like M1 Finance) 

In the coming months, I'll be sharing other ways to grow your wealth and save your money by paying little to no fees. I'm not sponsored by any of these companies nor am I a financial advisor. I'm merely sharing what I've done and how I am able to continually grow my net worth significantly each month.

For more information on M1 Finance and Robinhood. 

Comment with your investment platform of choice!

Money vs. Currency

Money vs. Currency

Throughout my studies in school many of my fellow students, knowing that I am an Economics major, ask me my opinion on investing. For the most part I give the standard sh-peal about what markets are good to invest in, which ones are seeing growth or decline and usually that is where that line of questioning ends. However, there are a few people that want me to go into more depth about investment and saving plans. Once that happens, I know things are getting a little more serious and I then know that they actually want to know what I am telling them. 

When my conversations reach that point, I usually take the time to explain the difference between money and currency. Most of the time when I start explaining that people start to think I am a little crazy in my views of the current economic state of the United States. Nevertheless, I want to see if I could find a better way of explaining what was happening in the U.S. and why certain investments may not be as viable as some people think they are. Below is a video that I think explains what I have been trying to say for years. 

Enjoy! 

The video below is an addendum to this post. The video is about what gives a dollar its value and I think it will shed a better light on this topic discussed here.

  

Preface

Welcome! 

This blog is meant to be a place to discuss current economic issues within today's society. Anything within reason is acceptable for discussion. I will be periodically posting various articles either that I have written or from well known economists or researchers. My primary interest is in Urban Economics, so a majority of my content will be tailored toward that specific area of study. However, I will endeavor to diversify my content in other areas as I find interesting topics that catch my eye.

I would like to make this a collaborative blog, so if you find an interesting article that you believe would be applicable to current economic issues or that would spark interesting dialog, please send it to me and I will post it for other's consideration.

Andrew Davis