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One of the most famous instances of an asset bubble was the âtulipmaniaâ that erupted in Holland during the 17th century. In the first recorded major financial bubble, demand for tulips exploded, and prices for the flowers followed suit. This led some investors to speculatively purchase tulips, resulting in losses when prices fell back down. […]
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Saving money can be difficult, especially if you feel like youâre just barely making ends meet. But putting some money from each paycheck aside for future expenses can be an important part of a well-rounded financial plan. Many experts suggest putting 20% of your paycheck toward your total savings, which includes retirement, short-term savings, and […]
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