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Yahoo
2 days ago
- Business
- Yahoo
Investing coach shares how to grow wealth safely in the era of trading apps and crypto
WASHINGTON (DC News Now) — With market swings creating both excitement and risk, more Americans are turning to investing apps to grow long-term wealth—if they can avoid the pitfalls of day trading and hype-driven crypto bets. 'I think we are completely headed in the right direction in terms of the average person's participation in the stock market,' said Amber Petrovich, founder of The Win, an investment education group. 'You have to use investing and the stock market to build long-term wealth.' Petrovich, who worked at Goldman Sachs Private Wealth, recommends beginner-friendly platforms like Robinhood, Webull, and E*TRADE, as they offer fast execution and minimal trading fees, and many allow you to manage retirement accounts as well. Stretch Your Dollar: Programs, strategies to make DMV college costs more palatable While day trading may be tempting, Petrovich warns that most day traders lose money. Her rule of thumb is to set clear boundaries. 'Make commitments to a loss limit. Once I lose a certain amount, I'm done. I only risk one percent of my portfolio at any given moment,' she said. Cryptocurrency trading is also booming. Though meme coins tend to spike and crash unpredictably, Petrovich points to more established options like Solana, Ethereum, and Bitcoin—which hit a record high of $112,000 in May—as having long-term potential. She said a measured approach is key. 'Crypto can go through extensive bear markets where, you know, things lose just hundreds or even thousands of dollars in value. We've seen that with Bitcoin. So again you need to ask yourself as an investor, 'Are you ready to tolerate that type of volatility and that type of loss?'' Some platforms, like Coinbase, offer learn-and-earn features, rewarding users for completing brief courses on various aspects of the crypto world. For those with low risk-tolerance, Petrovich recommends, at the very least, keeping savings in accounts exposed to growth that matches our outpaces the rate of inflation. For money needed in the next two years, she said a high-yield savings account or money market account will suffice. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
2 days ago
- Business
- Yahoo
Investing coach shares how to grow wealth safely in the era of trading apps and crypto
WASHINGTON (DC News Now) — With market swings creating both excitement and risk, more Americans are turning to investing apps to grow long-term wealth—if they can avoid the pitfalls of day trading and hype-driven crypto bets. 'I think we are completely headed in the right direction in terms of the average person's participation in the stock market,' said Amber Petrovich, founder of The Win, an investment education group. 'You have to use investing and the stock market to build long-term wealth.' Petrovich, who worked at Goldman Sachs Private Wealth, recommends beginner-friendly platforms like Robinhood, Webull, and E*TRADE, as they offer fast execution and minimal trading fees, and many allow you to manage retirement accounts as well. Stretch Your Dollar: Programs, strategies to make DMV college costs more palatable While day trading may be tempting, Petrovich warns that most day traders lose money. Her rule of thumb is to set clear boundaries. 'Make commitments to a loss limit. Once I lose a certain amount, I'm done. I only risk one percent of my portfolio at any given moment,' she said. Cryptocurrency trading is also booming. Though meme coins tend to spike and crash unpredictably, Petrovich points to more established options like Solana, Ethereum, and Bitcoin—which hit a record high of $112,000 in May—as having long-term potential. She said a measured approach is key. 'Crypto can go through extensive bear markets where, you know, things lose just hundreds or even thousands of dollars in value. We've seen that with Bitcoin. So again you need to ask yourself as an investor, 'Are you ready to tolerate that type of volatility and that type of loss?'' Some platforms, like Coinbase, offer learn-and-earn features, rewarding users for completing brief courses on various aspects of the crypto world. For those with low risk-tolerance, Petrovich recommends, at the very least, keeping savings in accounts exposed to growth that matches our outpaces the rate of inflation. For money needed in the next two years, she said a high-yield savings account or money market account will suffice. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Sign in to access your portfolio


USA Today
25-05-2025
- Automotive
- USA Today
Josef Newgarden's Indy 500 three-peat odds got a boost, but he's still not the favorite to win in 2025
Josef Newgarden's Indy 500 three-peat odds got a boost, but he's still not the favorite to win in 2025 Happy Indianapolis 500 day, folks! The biggest day in motorsports is finally here, and that means it's time to look at some last-minute odds for one of the biggest races in the world. KYLE LARSON'S DOUBLE DUTY: Kyle Larson reveals approach for rare second Indy 500, Coca-Cola 600 Double attempt In the week leading up to the 2025 Indy 500 — set for Sunday at 12:45 p.m. ET on Fox — Pato O'Ward was the favorite to win "The Greatest Spectacle in Racing" at +500, according to BetMGM. And Alex Palou (+600), Scott McLaughlin (+700) and Scott Dixon (+700) were right there with him. As of race day on Sunday morning, O'Ward (+475) and Palou (+475) are still favored to win, per BetMGM. But two-time defending Indy 500 champ Josef Newgarden jumped ahead of McLaughlin and Dixon and now has the third-best odds to win his third straight Indy 500 at +700 — despite being part of the Team Penske controversy this week. Here's a look at which IndyCar drivers have the best odds to win the 2025 Indy 500, as of Sunday morning, according to BetMGM. For The Win's experts made their race predictions, including the winner, of course. We predict Palou, Dixon or O'Ward will take the Indy 500 checkered flag and get to enjoy a cold bottle of milk in celebration. After all, there's a reason these drivers are favored to win.
Yahoo
18-05-2025
- Entertainment
- Yahoo
Caitlin Clark was all business with her arrival for Year 2 in the WNBA
Indiana Fever superstar Caitlin Clark has arrived for year two in the WNBA. There are a lot of expectations for Clark as she enters her sophomore season in the league. Will she win WNBA MVP? Will the Fever win a title? While all of those are reasonable conversations and much of the chatter will be focused on those topics, what people should really be talking about are Clark's impending fits for the tunnel walks. The former Iowa legend opened year two in the WNBA by quite literally dressing all business. Clark pulled up to the Fever's Saturday matchup with the Chicago Sky rocking a lovely suit, a pair of low heels and an awesome bag to tie it all together. Maybe it was just a coincidence, but with Caitlin Clark, we wouldn't be shocked that this was intentional to set the tone for the season. Caitlin Clark has arrived 🤩The 2024 WNBA ROTY is ready to kick off her sophomore campaign vs. the Chicago Sky at 3pm/ET on ABC! — WNBA (@WNBA) May 17, 2025 View this post on Instagram A post shared by Indiana Fever (@indianafever) We're totally here for the power suits, Caitlin Clark. This article originally appeared on For The Win: Caitlin Clark was all business with her arrival for Year 2 in the WNBA


USA Today
14-05-2025
- Sport
- USA Today
One thing to know about every WNBA team before 2025 season tips off
One thing to know about every WNBA team before 2025 season tips off Show Caption Hide Caption Natalie Nakase is still learning about her new WNBA expansion team New WNBA team the Golden State Valkyries' coach Natalie Nakase told For The Win's Meghan Hall that the whole coaching staff is learning as they go. Sports Seriously It's a whole new WNBA in 2025. The league continues to grow as the new season is set to tip off, and there's plenty of anticipation and storylines as the chase to the WNBA Finals begins Friday. The New York Liberty are the defending champions, but there are plenty of worthy candidates of ensuring a repeat title doesn't happen. Last season's star rookie class now have a year under their belt and they'll try to take the next step toward success, with all eyes remaining on Caitlin Clark. Plus, there's a new first-year sensation making her professional debut in Dallas. The offseason was eventful and there have plenty of changes around the league since the Liberty hoisted the championship trophy in October. Before the 2025 season kicks off, here are the top things to know for each team for 2025: Atlanta Dream: A new coach and frontcourt It's been seven years since Atlanta had a winning season, and nine since it has won a playoff series. Needing something in the building, the Dream hired Karl Smesko as head coach and got two veterans in Brittney Griner and Brionna Jones. The two experienced centers not only bring size to Atlanta, but much-needed leadership in a new regime. Rhyne Howard is the franchise center stone and she'll greatly benefit from the additions. The Dream should make the postseason, and the playoff experience from Griner and Jones could be critical. Chicago Sky: Young stars get experienced guards Angel Reese was the lone bright spot for Chicago in 2024, so the top priority for Chicago was to get some premier talent at the guard position. The Sky did that by bringing back Courtney Vandersloot after she won the title with New York last season, plus the additions Ariel Atkins, Rebecca Allen and Kia Nurse. All of the veterans will serve as great teachers for Hailey Van Lith as she reunites with Reese. Connecticut Sun: The rebuild begins It's a brand new start in Connecticut. The Sun don't retain any starters from the core that made the team a title threat for the past three seasons. New coach Rachid Meziane now has his work cut out for him as he tries to find something to build with on what will likely be a very difficult season. The rookies in Aneesah Morrow and Saniya Rivers are potentially pieces to build around in the coming years. Dallas Wings: Can they turn the Paige? All the attention will be on Paige Bueckers as the top pick in the 2025 draft makes her debut season. Dallas has made moves to ensure it makes a leap from the nine-win season in 2024. The additions of DiJonai Carrington and NaLyssa Smith − plus with Arike Ogunbowale still on the roster − should make Dallas a possible playoff team, and Bueckers will be expected to make an immediate impact. Golden State Valkyries: New team tries to find footing There's WNBA in the Bay Area with the Valkyries as the league's 13th team. Golden State didn't make any big splashes in the expansion or rookie draft, and while they are an enigma, it's safe to say there will be plenty of learning on Natalie Nakase's team. This season is all about establishing a presence in the area and finding which pieces will be worth retaining over the coming the season. Indiana Fever: Caitlin Clark gets new weapons Following Clark's thrilling rookie season, Indiana made major moves to put the phenom in position to make some noise in the postseason. Stephanie White is now in charge, and with players like DeWanna Bonner and Sydney Colson the expectations have been significantly raised for the Fever. Clark should make another leap in her second season and the Fever are expected to make a significant playoff run for the first time since 2015. Las Vegas Aces: A Jewell for A'ja Wilson The Aces were denied a three-peat and it left a bad taste in the organization's mouth. Despite the "down" year, Wilson proved why she's among the best players in the world with a career-season. Trying to capitalize on its star's window, Las Vegas got Jewell Loyd from Seattle. Also a two-time champion, Loyd should become an explosive guard that can help take the pressure off Wilson and get Las Vegas back into the championship conversation. Los Angeles Sparks: Almost showtime It was a lost season in the City of Angels last season after Cameron Brink tore her ACL. But the No. 2 pick in the 2024 draft will return at some point this season to a much improved team, one that's looking like it's ready to return to the playoffs for the first time since 2020; Kelsey Plum brings winning experience and she'll be paired up with Dearica Hamby to lead the offense. This year could be a launching pad for 2026. Minnesota Lynx: Title window remains open The Lynx were five seconds away from the 2024 title before it slipped out their hands in a thrilling Game 5 against New York. While deflating, Minnesota will be back an angry squad, eager to avoid a repeat of falling short. Last year's 30-win team returns and keeping the roster mostly intact is not something many teams can say. Napheesa Collier could be in line to be the league's MVP as it remains championship or bust in Minnesota. New York Liberty: Defending champs positioned for repeat It's certainly possible we get another back-to-back championship season. The Liberty finally reached the mountain top of the league and they have everything to do it again. Breanna Stewart, Sabrina Ionescu and Jonquel Jones all remain in their prime, and the front office made sure to stay loaded with the addition of Natasha Cloud. Every team will be vying to beat New York, which will be a tough task for the rest of the league. Phoenix Mercury: New look squad with talent The Diana Taurasi-era is over and Brittney Griner is gone, but don't think the Mercury will be fading into irrelevance. Phoenix was very active by adding an MVP-caliber player in Alyssa Thomas. To make it even sweeter, the team added Satou Sabally to give it one of the best frontcourts in the league. Kahleah Copper remains after a very successful 2024 campaign, and the Mercury should remain a playoff contender. Seattle Storm: Darkhorse title contender The championship favorites are obvious, but one team that could sneak its way into a playoff run is Seattle. Despite the loss of Jewell Loyd, the Storm still have Skylar Diggins and Nneka Ogwumike leading the squad, and Gabby Williams is back to build off the stellar time she had at the 2024 Paris Olympics. Seattle also has the No. 2 pick in this year's draft in Dominique Malonga, who could make a real impact. Washington Mystics: Building a foundation The 2025 draft made it clear Washington is in the process of the rebuild. Elena Della Donne called it a career and it'll be a fresh start for the Mystics. Sonia Citron and Kiki Iriafen are now expected to be the faces of the franchise, and there will be growing pains in the nation's capital. Aside from Stefanie Dolson and Brittney Sikes, no player on the roster has more than three years of experience.