On any day, the stock market can go up or down. But in the long run, a young person cannot afford to ignore the chance to invest in company shares. The effect of compound interest, with an initial investment of $1,000 and 20% annual interest, compounded at various...
This is the fourth in a series of profiles of News-Decoder correspondents. By Amari Leigh Betty Wong never expected to become a journalist. As a teenager attending a rigorous, science-oriented high school in New York City, Wong was headed to becoming an engineer...
This is the second of two articles on the evolution of investment strategies as society changes and a new generation of savers enters the fray. For an article by Richard Hubbard on how ethically-minded millennials are transforming finance, click here. By Betty Wong...
By Betty Wong As a stock market reporter and then an equities editor at Reuters News, I relished covering Wall Street. While some trading days were calm, many were drama-filled, with much-loved and little-loved stocks skittering on the news or whispers of the day. The...
by Betty Wong The nation’s heartland boomed to meet the global economy’s insatiable demand for its exports. Middle-class citizens began investing in stocks and buying on margin, helping to fuel the stock market’s dizzying climb. Individual investors pulled savings...