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Eric Reed

Retirement and Investing Expert

Eric Reed is a freelance journalist who specializes in economics, policy and global issues, with substantial coverage of finance and personal finance. He has contributed to outlets including The Street, CNBC, Glassdoor and Consumer Reports. Eric’s work focuses on the human impact of abstract issues, emphasizing analytical journalism that helps readers more fully understand their world and their money. He has reported from more than a dozen countries, with datelines that include Sao Paolo, Brazil; Phnom Penh, Cambodia; and Athens, Greece. A former attorney, before becoming a journalist Eric worked in securities litigation and white collar criminal defense with a pro bono specialty in human trafficking issues. He graduated from the University of Michigan Law School and can be found any given Saturday in the fall cheering on his Wolverines.

Posts by Eric Reed:

by Eric Reed May 17, 2021

Bitcoin is having a moment. Actually, Bitcoin has been having a moment for several years now. However, the past 12 months have been particularly noteworthy for the infamously volatile digital asset. From a price around $7,000 per token before the pandemic, Bitcoin has even surged to prices occasionally peaking over $60,000, despite recent Elon Musk-prompted volatility. Thousands of investors have jumped into the cryptocurrency space, eager to take advantage of the rocketship that appears to be digital investment. For anyone thinking about getting into the market, keeping your cryptocurrency safe is essential. Here’s how to do that. Read more

by Eric Reed May 12, 2021

Oil prices have had a remarkable year. Historically volatile, like most commodities, oil prices tumbled during the pandemic to the point where they dipped into negative territory, meaning it cost more to store a barrel of oil than the product itself. Still, this remains an indispensable asset. For better or worse the world runs on oil, natural gas and its derivatives, collectively called petroleum. The rise and fall of petroleum follows economic trend lines to a degree absent from most other commodities. When the economy is strong, the world needs lots of energy. When cars and factories slow down, they burn less fuel and oil supplies start building at tank farms. For this reason investing in oil is often seen as a good proxy for investing in the economy as a whole. Here’s how you can do so. Read more

by Eric Reed May 12, 2021

The Fama-French Three Factor model is a formula for calculating the rate of return on a given asset. Like many (if not most) such models, it offers an estimated value based on market factors at large. In this case, investors can predict their return on an investment based on overall market risk, market size and market value. What follows is a description of how it works. Meanwhile, consider using the services of a financial advisor to make sure you’re taking full advantage of the most appropriate analytical tools. Read more

by Eric Reed May 12, 2021

You have probably heard of securitization. It’s a way of turning non-financial assets into liquid securities that investors can buy and sell. Despite its role in the market crash of 2008 and… Read more

by Eric Reed May 11, 2021

A joint-stock company is a company owned by several, generally private, investors. They’re an in-between creation, held more closely than a public company but more widely traded than a partnership.… Read more

by Eric Reed May 07, 2021

Some of the more advanced trading platforms offer investors a service known as “Level 2 market data.” This usually comes as a premium feature, available for an additional price to investors who want… Read more

by Eric Reed May 07, 2021

Iron condors and iron butterflies are very similar and popular options trading strategies. Both can profit by selling short positions in the face of low implied volatility, and both use long… Read more

by Eric Reed May 07, 2021

A protective put might be the closest you can come to having your cake and eating it too, at least as far as finance is concerned. It is a strategy based on the elective nature of options contracts,… Read more

by Eric Reed May 06, 2021

The iron butterfly options trading strategy aims to profit investors during periods of low volatility. Also known as the “short iron butterfly” or the “iron fly,” the strategy makes its money off… Read more

by Eric Reed Apr 30, 2021

The iron condor is a strategy in options trading. As with all options strategies, it is based on assembling a position out of several contracts. In this case, the iron condor is built out of four… Read more

by Eric Reed Apr 30, 2021

Penny trading is a tough business. A penny stock is formally defined as any stock whose price is less than $5 per share. This is the legal definition used by the SEC and other regulatory bodies,… Read more

by Eric Reed Apr 22, 2021

One of the biggest trends in online trading has been the convergence of brokerage business models. Brokerages want your business, and it’s getting increasingly hard for any one of them to stand out.… Read more

by Eric Reed Apr 22, 2021

A futures contract is one of the most complex and riskiest securities traded today. That’s because if you hold the wrong side of a futures contract, your losses aren’t capped by an up-front purchase… Read more

by Eric Reed Apr 22, 2021

Discount brokerages have become the dominant model online. By historic terms, the online brokerage business is still just in its infancy. E*TRADE, which arguably started the modern era of online… Read more

by Eric Reed Apr 09, 2021

It’s a little difficult to distinguish investment platforms based on price. Not long ago, platforms competed on a combination of features, fees and commissions. However, in recent years most services… Read more

by Eric Reed Apr 09, 2021

Bitcoin will likely go down as one of history’s great examples of financial FOMO (fear of missing out). Not long ago early adopters literally couldn’t give this asset away, and now a single token… Read more

by Eric Reed Apr 09, 2021

Options, which fall in the category of derivatives, have become one of the hottest securities online. In part this has to do with the rise of commission-free trading. Many services offer cheap trades… Read more

by Eric Reed Apr 08, 2021

Getting your start as an investor can be overwhelming, as online investment has opened up the floodgates of personal financial management products. For investors who are just starting out, sometimes… Read more

by Eric Reed Apr 08, 2021

Forex, or the foreign currency exchange market, can be one of the most opaque sectors of trading today. In part that’s because of just how fast these prices change. The best currency traders make… Read more

by Eric Reed Apr 08, 2021

Your brokerage is the firm that you use to trade stocks, bonds, funds, options and other financial assets. Choosing the right one isn’t easy. The market is currently flooded with brokers who want… Read more

by Eric Reed Mar 29, 2021

Origin Investments has taken the decision to plant a ticking clock halfway down its home page. The accompanying message tells potential investors that “Time is running out” if they want to buy into… Read more

by Eric Reed Mar 19, 2021

Groundfloor is part of a growing collection of firms that offer alternative investment products. In the case of Groundfloor, you can invest in short-term real estate debt. This opens up a new set of… Read more

by Eric Reed Mar 19, 2021

GAIN Capital is a brokerage service that focuses on foreign currency (forex). This brokerage runs several products and downstream companies that market its services to the public. While you may not… Read more

by Eric Reed Mar 19, 2021

Yieldstreet is a platform that offers individual investors the chance to access alternative investments. With portfolio options such as real estate, litigation and even collectibles, you can put your… Read more

by Eric Reed Mar 08, 2021

Do you want to convert currencies? Would you like to learn about historic exchange rates or transfer money internationally? Most importantly, would you like to invest in foreign currencies to boost… Read more