Dear Dr. Per Cap: I heard about a guy who made a ton of money buying and selling GameStop stock. I keep thinking that could be me if I invested per cap. What does it take to be a day trader? Signed, Day Trading Dreamer Dear Day Trading Dreamer If you’ve got $25,000 you can […]
Dear Dr. Per Cap What’s the best way to teach a young child how to manage money? – Money Minded Mom Dear Money Minded Mom Earning an allowance, counting coins, and safeguarding a piggy bank are all great teachable financial moments. But I think opening a children savings account at a local bank offers the […]
Dear Dr. Per Cap: I have student loans and a car loan. Why did I have to provide so much more personal information when applying for the car loan as opposed to the student loans, especially when the student loans amount to a lot more borrowed money? Signed, Studying Hard Dear Studying Hard I’m glad […]
Dear Dr. Per Cap: What exactly is a hedge fund? I’m new to investing and keep hearing that’s where the big returns are. Signed, Young Investor Dear Young Investor The best way I can describe a hedge fund is to think of a mutual fund on steroids. Like a mutual fund, a hedge fund is […]
