Twocents

Save Money With a No-Spend Day Challenge

Save Money With a No-Spend Day Challenge

For many people, a no-spend day isn’t an exercise in budgeting during the pandemic — it’s a daily reality. But others splurge in what has been dubbed “spendemic” retail therapy, as evidenced by the recent rise in loans for discretionary items, according to the loan comparison site Credible. If your…

Why Is Everyone Investing in NFTs?

Why Is Everyone Investing in NFTs?

Non-fungible tokens, or NFTs, have become an overnight investing phenomenon, with $US60 ($77) million in sales on Tuesday — surpassing total sales for the entirety of 2020. An NFT is a type of cryptographic token used to make digital media unique and therefore collectible, whether that’s a GIF or even…

Passive Investing Should Be Boring

Passive Investing Should Be Boring

If you’re a passive investor that’s looking to grow your nest egg long-term, how often should you be checking your portfolio? Since many people have a loss aversion bias that can cause overreactions to negative news, should you just be blissfully unaware, or be looking at your stocks every day?…