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Top 5 financial insights for the week 43
Including the latest articles, videos, charts, quotes, books, tools, and more...
Hello! 👋
Here are your top 5 ⭐ financial insights for the week—including the latest articles 📰, videos 🎥, charts📊, quotes 🦉, books 📚, tools ⚙️, and more—to help you become smarter about finance and investing. Enjoy!
This edition is brought to you by Tastytrade - our favorite broker for trading stocks, options, and futures, offering some of the lowest fees and margin requirements in the industry. Check them out here!
1. Article We’re Reading
A janitor secretly amassed an $8 million fortune and left most of it to his library and hospital. (read more) (also here) (and here).
2. Video We’re Watching
Stock Market Crash of 1987 (full documentary)
3. Chart We’re Analyzing
4. Term We’re Defining
A hedge is an investment position intended to offset potential losses or gains that may be incurred by a companion investment. A hedge can be constructed from many types of financial instruments, including stocks, exchange-traded funds, insurance, forward contracts, swaps, options, gambles, many types of over-the-counter and derivative products, and futures contracts. (wikipedia). (also here)
5. Quote We’re Reflecting On
"Be fearful when others are greedy and greedy only when others are fearful." — Warren Buffett
Thanks for reading FinSummary!
We hope these insights help you stay informed and smarter 🧠 about finance and investing 📈.
See you next week for more valuable updates—until then, happy investing! 👋
P.S. Deal of the Week: Tastytrade - the platform made for serious trading
Tastytrade is a financial services company and brokerage platform that specializes in trading options, futures, stocks, and cryptocurrencies. It was founded by Tom Sosnoff, a well-known options trader and former co-founder of Thinkorswim. Tastytrade is known for its focus on active traders, particularly those involved in options trading, but also offers a comprehensive suite of tools and resources for all types of investors.
Key features:
Low fees
Focus on Options and Futures
Low Margin Requirements
Innovative Trading Platform
Educational Content
Active Trader Community
Research and Analysis Tools
Cryptocurrency Trading
Mobile App
Here is how it compares to other brokers:
Tastytrade has earned a strong reputation for offering low fees, robust trading tools, and educational content tailored to active traders, making it a top choice for those who focus on options, futures, and other derivative instruments.