How to keep generating income from a tech-stock winner using options
As our Meta (META) trade from early November approaches expiration with 77% of the maximum profit captured, we are rolling the position to maintain our bullish exposure. META has now broken out above its $600 all-time highs and is forming a solid base above this level, signaling the potential for another leg higher. The stock […]
How to pay off your personal loan faster? Here are 7 ways
Before getting a personal loan to fund your expenses, it is important to know how to repay it to avoid extra charges over the existing amount. While paying the loan on the due date is an essential practice, paying off your loan before the due date has added benefits. Ways to pay personal loan faster […]
Here’s how to pay for taxes on your Roth IRA conversion, advisors say
Srdjanpav | E+ | Getty Images More from FA Playbook: Here’s a look at other stories impacting the financial advisor business. When a Roth conversion is completed, you’ll owe regular income taxes on the converted balance, based on your current-year taxable income. Ideally, you’re “managing the tax bracket,” said CFP Jim Guarino, managing director at […]
How to fix mistakes on your credit report to boost your credit score
From data entry mistakes to the results of identity theft, errors on your credit report can lower your credit score. That in turn can limit your ability to qualify for favorable interest rates on loans or new credit cards. If you monitor your credit reports on a regular basis, though, you can fix mistakes before […]
How to play this struggling tech stock for upside, while protecting for the downside
Virtually all investors aim to identify stocks that offer growth potential while being reasonably priced relative to their fundamentals. This approach is often associated with legendary investor Peter Lynch, who advocated for a balanced approach to investing. I have found an example of one such stock and how to play it with options. To characterize […]
How to buy a health care turnaround story at a discount using options
Dexcom (DXCM) , a leader in continuous glucose monitoring (CGM) systems, has positioned itself as a standout in the medical device space by leveraging innovation to maintain dominance despite rising competition. The company’s investments in digital health platforms and integration with consumer brands further solidify its competitive advantage. Investors are starting to pay attention to […]
How to choose the right personal loan? Here are 7 key ways
A personal loan is one of the quickest ways to arrange funds for any reason. Be it a medical emergency, paying for a child’s education, a family function, buying a vehicle, enjoying a family vacation, starting a business, etc. In the case of a personal loan, you don’t need to tell the bank about the […]
Credit Score: How hard inquiries affect your credit report and how to avoid them
Credit score might be one of the most critical figures in any adult’s life. It reflects your borrowing and repayment habits, as documented in your credit history. Among the factors influencing your credit score are hard inquiries, often misunderstood but can significantly affect your financial standing. Let’s delve into what hard inquiries are, how they […]
How to apply for a credit card online and offline? A step-by-step guide
Credit cards provide you a variety of exclusive offers designed specifically according to your lifestyle and needs. From discounts on hotels and flight bookings to great deals on restaurants and premium brands, credit cards have everything in store for you. However, you must also understand that increased usage of credit cards can make you form […]
How to conquer a money bias that could be holding you back
If you’re like most people, you likely know that you need to make a few key moves to get your finances on track. You just haven’t quite gotten around to it yet. Those who feel stuck in the mud financially can take some solace in the fact that they come by it honestly. That’s because […]