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In this fourth and final episode on The Retirement Lie, our guest host Scott Welsh begins with answering a comment from Brian. Then Scott and Jason the producer run the numbers to demonstrate a few possibilities for a nearby retirement, as well as a far off one. Scott discusses fear and what we could potentially achieve, depending on our risk tolerance. This series is now complete and has spanned from Episodes 243 to 246. Your regular host, Rob Booker, will return on Monday for Episode 247. But we’ve been grateful to have The Coach as our guest host for the past two weeks. Thanks, Scott! And thanks for listening to The Traders Podcast.
Editors’ Picks
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EUR/USD holds positive ground near 1.0450, FOMC Minutes in focus
EUR/USD stays on the back foot and trades below 1.0450 after closing in the negative territory on Tuesday. The pair's short-term technical outlook highlights a bearish tilt.
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Gold price renews all-time highs near $2,950
Gold price refreshes lifetime highs near $2,95 as trade war fears continue to underpin safe-haven asset. Fed rate cut bets keep the US Dollar bulls on the defensive and further lend support to the metal as traders await the release of the Fed Minutes later in American trading.
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GBP/USD holds above 1.2600 after strong UK inflation data
GBP/USD holds steady above 1.2600 in the European session on Wednesday after the data from the UK showed that the annual CPI inflation climbed to 3% in January from 2.5% in December. Market focus shifts to mid-tier US data and FOMC Minutes.
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Maker Price Forecast: MKR generates highest daily revenue of $10 million
Maker (MKR) price extends its gains by 6%, trading around $1,189 on Wednesday after rallying more than 20% so far this week. Artemis data shows that MKR generated $10 million in revenue on February 10, the new yearly high in daily revenue.
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Rates down under
Today all Australian eyes were on the Reserve Bank of Australia, and rates were cut as expected. RBA Michele Bullock said higher interest rates had been working as expected, slowing economic activity and curbing inflation, but warned that Tuesday’s first rate cut since 2020 was not the start of a series of reductions.
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What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.
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The Best Brokers of the Year
SPONSORED Explore top-quality choices worldwide and locally. Compare key features like spreads, leverage, and platforms. Find the right broker for your needs, whether trading CFDs, Forex pairs like EUR/USD, or commodities like Gold.