Personal loans and tax benefits: How to maximize your savings
Personal loans are one of the most commonly used financial tools to address the need for emergency funds, as they can be used for multiple purposes. These are unsecured loans, meaning they do not require any collateral as a guarantee. Compared to other loans, eligibility for a personal loan is less strict, and therefore, it […]
Here’s how to maximize your tax breaks for charitable giving
Mixetto | E+ | Getty Images As year-end approaches, you may be eyeing a donation to charity — and certain gifting strategies can boost your tax break, experts say. In 2023, U.S. charitable giving hit $557.16 billion, up roughly 2% compared to 2022, according to Indiana University Lilly Family School of Philanthropy’s annual report released […]
How to buy a little insurance if the 2024 market boom loses some steam into year-end
Record-breaking annual equity inflows of $448 billion, according to Bank of America, continue to push the major indices higher. The S & P 500 has now seen seven consecutive weeks of inflows, keeping the post-election momentum intact. I want to use the S & P 500 SPDR Trust ETF (SPY) to hedge these gains and […]
How to capitalize on the November dip-buying opportunity in gold
The SPDR Gold Shares (GLD) has shown remarkable strength in 2024, soaring 40% between January and October. For those who missed the rally, November offers a potential opportunity as GLD has pulled back 8% from its all-time highs, creating a dip-buying scenario. To validate a bullish outlook on GLD, I rely on specific technical indicators […]
How to optimize your holiday travel budget on ‘Travel Tuesday’
If you still haven’t booked your holiday travel plans, take note: Prices tend to rise the closer you get to the days you’re looking to travel. To afford holiday trips, about 50% of respondents are cutting back on other expenses while 49% are picking up discounts and deals, according to the 2024 Holiday Travel Outlook […]
Taskrabbit Side Hustle Earns Over $70k a Month: How to Start
Want to start a side hustle? More than half (54%) of Americans already have one, according to research from MarketWatch, but choosing one out of so many options can be overwhelming. To keep it simple, plenty of side hustlers capitalize on skills they already have: cleaning, furniture assembly, TV mounting and just about anything in […]
2025-26 FAFSA will open on Dec. 1 — Here’s how to prepare
The Free Application for Federal Student Aid for 2025-26 will be available for all students and contributors on or before Dec. 1, the Education Department says. Typically, students have access to the coming academic year’s form in October, but this year’s delayed release follows a “phased rollout” meant to address reported issues from the 2024-25 […]
Credit Cards: How to manage multiple cards without hurting your credit score? Here are 11 key strategies
Many people buy credit cards to earn rewards and cash back and benefit from the same. Undoubtedly, they are a great choice for people who can manage them. However, a lot of people struggle with missed deadlines and managing multiple cards at once seamlessly. Credit cards can be managed easily with the right strategies and […]
The bullish Meta trade is paying off. How to keep exposure while limiting risk with options
As we approach the expiration of our Meta Platforms (META) trade from early October we have successfully captured 78% of the total maximum gain. Given the approaching expiration and the trade’s profitability, it’s time to roll the position. The goal is to maintain bullish exposure as we continue to see a positive outlook that continues […]
How to profit if rates keep rising, going against the Fed and stock investors
U.S. stocks soared to record highs after Donald Trump’s election win and a quarter-point rate cut from the Federal Reserve. U.S. government bond yields have surged too, puzzling many market participants. I am going to stick with the contrarian view and bet on rates continuing to move higher. I’ll express that through a bearish bet […]