Stock Savvy Dad

The Best Credit Cards for 2025: Top Picks Revealed

01/03/2025 stocksavvydad.com Comments 0 Comment

As we begin the new year, it’s the perfect time to reflect on 2024 and start planning for a successful 2025. Today, I’m revisiting my Top Five Credit Cards article from the beginning of this year. If you’re looking for recommendations on the best cards heading into 2025, this update is for you. If you haven’t read the original article yet, I recommend reading it first, as it goes into greater detail about some of the cards mentioned below. These…

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Investing for Kids: Create Wealth and Teach Smart Money Habits

12/12/2024 stocksavvydad.com Comments 0 Comment

As parents, we want to give our kids every opportunity to succeed, including setting them up for a strong financial future. Investing for your kids at a young age is one of the smartest ways to achieve this. Whether it’s saving for college, teaching them about money, or building a long-term financial safety net, getting started early can accelerate their path to financial success. Why Start Investing for Your Kids Early? When it comes to building wealth, time is your…

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How to Use ChatGPT to become a Better Investor

11/21/2024 stocksavvydad.com Comments 0 Comment

At this point, you’re probably familiar with ChatGPT—the do-it-all chatbot that handles everything from complex coding to your kid’s homework. But have you ever considered using it to improve your investing skills? While ChatGPT can’t replace professional tools or advice, it can certainly make you a better investor by simplifying complex concepts, enhancing your research, and helping you make more informed decisions. In this article, we’ll explore how you can leverage ChatGPT to sharpen your investing skills and why you…

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Empower Your Portfolio: Options Trading Benefits and Risks

06/19/2024 stocksavvydad.com Comments 0 Comment

In our previous post, we covered what options trading is and how it works. If you haven’t read it yet, I recommend doing so before diving into this article. You can read it here. Today, we’re going to explore some of the pros and cons of trading options and go into why I believe having a grasp of long-term investing fundamentals is crucial before venturing into options trading. Pros of Options Trading Leverage: Options provide investors the ability to…

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Options Trading: What you need to know to get Started

05/30/2024 stocksavvydad.com Comments 0 Comment

Options trading has surged in popularity recently, with many diving in without fully grasping the investment basics. We live in an era of instant gratification, where keeping up with social media influencers often feels like a necessity. But as Chris Rock humorously pointed out, just because you can drive a car with your feet, don’t make it a good idea. Options trading isn’t rocket science, but it’s not as straightforward as buying and holding stocks either. It requires strategy and…

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Investing Nightmare: How I Lost Big and What You Need to Know to Stay Safe

02/29/2024 stocksavvydad.com Comments 0 Comment

Time Lost, Money Missed: Why Investing Early Matters Even as a child, I’ve always been intrigued by the stock market and investing. I vividly recall playing the virtual stock market in college, crushing it, and thinking, “Damn, I need to invest real money.” However, fear held me back. I felt like I needed more money to start and lacked guidance on where to begin. I remember a moment around 2005-2006, during college, when I suggested to my mother that she…

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The Elite Five: My Top Credit Cards Delivering Maximum Value

02/15/2024 stocksavvydad.com Comments 0 Comment

What’s up, Stocksavvy family? Here at Stocksavvydad.com, we’re diving into all things finance, including credit cards and rewards. As a credit card rewards enthusiast for the past eight years, I’m excited to share my personal top five consumer credit cards. Think of it as my starting five lineup. Before diving in, let’s establish the golden rule of credit card use: Always pay off the balance in full each month. Getting into debt chasing credit card sign-up bonuses and points? That’s…

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Best Money Moves for 2024 Continued

01/30/2024 stocksavvydad.com Comments 0 Comment

Don’t Ignore Crypto but Proceed with Caution It seems people either love crypto or hate it; there’s no in-between. And that’s understandable. With so many “junk” coins on the market and scam artists out there, deciphering what’s worth your time and what isn’t can be challenging. That’s why you shouldn’t ignore crypto but proceed with caution. Crypto: The Year That Was Whether you’re a crypto lover or hater, you can’t ignore the results of Bitcoin in 2023. Bitcoin made a…

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Best Money Moves for 2024!

01/16/2024 stocksavvydad.com Comments 0 Comment

Take Care of Your Health: Health is Wealth We often hear “health is wealth,” but let’s unpack that. While money is a powerful tool it can’t buy health or happiness. Prioritizing our health is crucial, not just for longevity but for the quality of life it brings. It’s about adding life to your years not just years to your life, enabling us to enjoy the fruits of our financial success. Money as a Tool, Not the End Goal Money itself…

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Playing Smart: Portfolio Lessons from Football’s Best and Worst

09/28/2023 stocksavvydad.com Comments 0 Comment

As a longtime New York Jets fan, this year was supposed to at least bring an end to our playoff drought. Our portfolio was robust we boasted—a top-five defense, the reigning offensive rookie of the year, and an overall solid roster. However we were missing one critical component—a competent quarterback. This seemed to change overnight when we traded for Aaron Rodgers. Tragically, our high hopes were shattered just four plays into the season when Rodgers tore his Achilles and was…

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