How to identify potential cryptocurrency scams
Americans lost billions to cryptocurrency scams in 2023, according to a recent report from the United States Federal Bureau of Investigation. Financial losses “involving the use of cryptocurrency, such as bitcoin, ether or tether” last year totaled over $5.6 billion, per the agency’s 2023 Cryptocurrency Fraud Report. That’s up 45% compared with 2022, according to […]
Here are 5 tips on how to negotiate for more equity at your startup
Bhavik Vashi, 32, made over $2 million after selling his equity in software startup Anaplan. Bhavik Vashi, 32, is living the dream of many Silicon Valley tech workers. He joined a promising startup, did his time and eventually the company was acquired, minting him as a millionaire. Shortly after graduating from the University of California, […]
What dorm insurance is and how to know if your college kid needs it
Terry Vine | Getty Images As “DormTok” social media posts entice college students to design elaborate dorm rooms — “the stakes of dorm decor have never been higher,” according to House Beautiful — parents may be wondering if they have the right insurance coverage to protect all those purchases. Enter: “dorm insurance.” Before signing up, […]
How to trade Adobe’s upcoming earnings using options
There’s a software stock bucking the tech sell-off that reports earnings this week. I’ll break down various option trade scenarios into the earnings, focusing on one that will benefit from a big move in any direction. Adobe (ADBE) , which reports Thursday, is a global leader in digital media, marketing, and document management solutions. Its […]
Chip sector comeback is running out of steam. How to bet on a downturn
September has arrived, a month historically associated with significant market corrections. In four of the past five years, the S & P 500 has experienced pullbacks ranging from 4% to 5% during this time. With major earnings reports behind us and no significant catalysts like Nvidia earnings to drive the market, I’m considering taking a […]
How to make a longshot bet on this beat-up tech stock about to report
Within each sector there will be winners and losers…even technology this year. I’ll review a speculative options trade on one of those losers. Semiconductor companies such as Marvell, Broadcom, and Nvidia have been on a tear this year. However, some software and IT services companies could have done better. MongoDB Inc (MDB) is a perfect […]
From young investor to seasoned pro: How to evolve your strategy with life’s changes
As you move through the various stages of life, your financial needs, goals, and risk tolerance naturally change—just like the terrain you’re driving through. What worked for you in your 20s might not be the best approach in your 50s. That’s where life cycle investing comes in. It’s a strategy that adapts your asset allocation […]
Tax-efficient investing strategies: How to maximise returns while minimising tax liability?
Most investors approach us with a request that they want to invest because they want to save tax under section 80C. This is especially true during the last quarter of the financial year when they are under pressure to submit tax-saving investment proof to their organisation. Benefits of ELSS Equity Linked Savings Schemes (ELSS) is […]
Amazon stock comeback is facing some resistance, according to the chart. How to trade it
Amazon (AMZN) shares dropped after the cloud giant offered a disappointing forecast on both the top and bottom lines during its earnings call in early August. While the stock has since recovered much of its decline, it appears to be facing significant resistance around the $180 price level. This leads to an intriguing trade set-up […]
One retailer is on a tear into earnings this week. How to trade the stock without chasing it
Burlington Stores (BURL) has been on a roll. The stock has gapped up sharply after the last three quarterly earnings releases. If an investor bought BURL on the close the day before earnings and sold it on the close of earnings for each of those past three quarters, a holding period of just 72 hours, […]