What Is the Black Market? A black market is a transaction platform, whether physical or virtual, where goods or services are exchanged illegally. What makes the market “black” can either be the illegal nature of the goods and services themselves, the illegal nature of the transaction or both. For example,Continue Reading


Jack Bogle, the legendary investor and founder of Vanguard, has given the same advice over and over again—for years: Diversify the holdings in your 401(k), buy low-cost index funds, and don’t look at your monthly statements until the end of the year. But it’s hard to heed this advice in good times,Continue Reading


Can an investor gain an edge over the markets? It depends on whom you ask. There has long been discussion over whether the markets are random or cyclical. Each side claims to have evidence to prove the other wrong. Random walk proponents believe the markets follow an efficient path whereContinue Reading