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The latest news, tips and more from the Pennybois team

People working in an office before COVID-19 unemployment increase

August 13, 2021

What does this say about the future of the US economy? Despite a meaningful drop in July’s unemployment rate from 5.9% to 5.4%, economists are struggling to understand why there’s a labor shortage with 8.6 million workers unemployed and nearly 10 million job openings.  As of July, the US economy still had about 7 million fewer jobs than it […]
Man trading AI stocks

August 16, 2021

How to Invest in Artificial Intelligence Like a Pro  “When things get complicated, it’s easy to lose sight of the fundamentals.”  Artificial intelligence is the new oil of our tech-driven economy, with a market size expected to grow 20% or more every year by 2026. While you don’t need supercomputer intelligence to start investing in […]
Picture of hundred dollar bills

July 16, 2021

Choosing between a cash account and a margin account may depend on your risk tolerance and trading style. When you sign up for a new brokerage account, your broker will ask if you want to open a cash or margin account. There are several differences between the two — in particular, margin accounts involve borrowing […]

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