Powerball jackpot hits $1 billion. Here’s how to pick the best payout
Between Uncle Sam and the winner’s home state, that headline number could be cut in half by the time it reaches their hands. Landon Buzzerd Associate wealth advisor at Grant Street Asset Management Eight states don’t tax lottery winnings. They are: California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming. The next Powerball […]
People hate budgeting. Here’s why — and how to reframe it
Lock Stock | Digitalvision | Getty Images Americans hate to budget. However, reframing the concept can yield more positive results, experts said. They “cringe” at the word budgeting, said Winnie Sun, co-founder of Sun Group Wealth Partners, based in Irvine, California. “It’s sort of like telling someone they need to diet and eat healthy,” said […]
How to answer updated crypto tax question
Whether you’re an active cryptocurrency trader or you’ve dabbled in the word of virtual currency, the IRS wants to know. In fact, one of the first questions on Form 1040, which is used by most people to file their tax returns, asks the following: “At any time during 2023, did you: (a) receive (as a […]
How long should you stay at your job? How to switch strategically
A majority of Americans, 95%, said they plan to look for a new job this year, according to a January 2024 survey by job site Monster. Money is a big reason, with 45% of workers saying they need a higher income. Data from the Federal Reserve shows that job switchers increase their salaries more quickly, on average, than […]
How to Wire Money: A Step-by-Step Guide
How to wire money Choose a provider Before you start the wire transfer process, you need to choose a provider to handle your transfer. You can go directly through your bank, according to the Federal Communications Commission (FTC), or use another money transfer service, like Western Union or Moneygram. Regardless of which you choose, transfers […]
Chip stocks are losing their mojo. How to trade it using options
With semiconductor stocks losing momentum over the past few weeks, Intel’s strength is starting to show some cracks and at risk of a pullback. Here’s an options strategy to capitalize on the potential decline. After being in the lead of the semiconductor industry for nearly 2 decades, Intel’s design and fabrication model become their Achilles […]
How to spot and overcome ‘ghost’ jobs
Fangxianuo | E+ | Getty Images There can be ample roadblocks during a job hunt, including so-called “ghost” jobs. These can be phantom listings for jobs that don’t exist, or those posted such a long time ago that it seems the job may not be available. Luckily, there are ways for job seekers to sidestep […]
How to check your EPF account balance? A step-by-step guide
The Employees’ Provident Fund (EPF) stands as an excellent avenue for retirement savings in India. It promotes consistent savings by involving contributions from both employees and employers. The automatic deduction from your salary for EPF renders it an exceedingly convenient method for retirement savings. Below is an outline of the contribution framework: Employee’s contribution: Typically, […]
How to trade this energy play attempting a turnaround as oil tops $80
As oil prices climb above $80 for the first time since late last year, energy stocks are roaring back with strength across multiple timeframes. As we review the energy sector, SLB stands out as a stock where value can be unlocked by the current environment. We’ll review an options trade to play the name. Despite […]
How to bet against Nvidia using options if this is the top of the AI rally
Investors have been riveted by the AI surge over the past year, however the entire chip sector and its associated stocks are displaying signs of a potential pullback. We’ll review a bearish options set-up that wins if the semiconductor sector pulls back from highs. Considering this, I’m contemplating a bearish trade on Nvidia (NVDA) , […]