Carvana shares have no room for error. How to make money if they start falling
Carvana’s share price has staged a stunning comeback. The recent news that the company would be added to the S & P 500 propelled the enterprise value to more than $100 billion, a number that not only vastly exceeds those of large auto dealers like Penske , Lithia , AutoNation , Group 1 and Carmax […]
Disney’s chart is pointing to a rebound. How to capture a trading profit using options
Disney (DIS) shed nearly 13% in just nine trading sessions following its recent earnings report, where flat revenue numbers spooked investors despite a solid bottom-line performance. However, the narrative is shifting. The stock staged a solid rebound last week and is now flashing strong signs of a technical recovery. While the bounce is already underway […]
How to play further gains in copper using options on this mining stock
The sharp rally in gold and silver can be read as a market referendum on the credibility of paper money. Large, persistent government deficits imply that future financing may rely on a mix of higher taxes, financial repression and — most relevant here — central banks keeping borrowing costs contained. When investors suspect that debt […]
How to claim money from ‘Trump accounts’ program
Tech CEO Michael Dell and his wife Susan pledged Tuesday to contribute $6.25 billion to so-called Trump accounts, a type of tax-advantaged savings account for children. The commitment will expand access to seed money for eligible children too old to qualify for the $1,000 grants that are set to come from the Department of the Treasury. With the additional funds, […]
This stock tied to U.S. housing could be in trouble. How to make money through options
Despite Fortune Brands Innovations (FBIN) optimistic name, investors may want to approach the stock with caution. The company, which manufactures plumbing fixtures, cabinets and security products through brands like Moen and Master Lock, faces a convergence of headwinds that may leave little upside. The housing market remains the elephant in the room. Fortune Brands derives […]
How to report a fraudulent credit card transaction? Follow THESE simple steps
With the advancement of technology, credit card use, along with associated fraud, is continuing to rise in the country. This is a consequence of the rapid expansion of digital technology, quick form submission and approval of credit cards. Now, in such a scenario, even a single unauthorised transaction or debit message on the credit card […]
How to talk to your adult children about their inheritance
Momo Productions | Digitalvision | Getty Images Older Americans really don’t like talking to their adult children about inheritances, a new study suggests. About two-thirds — 68% — of parents age 55 or older with at least $500,000 in investable assets haven’t told their grown children what they’ll inherit or if they’ll inherit anything at […]
Thinking of investing but keep putting it off? How to take the plunge
OPINION: There’s no perfect time to start investing, but procrastination can equal lost opportunity. Frances Cook shares tips for getting out of your own way. Most people don’t fail at investing because they pick the wrong fund. They fail because they never get started at all. The sharemarket is now easier than ever to buy […]
How to check your credit score and spot suspicious inquiries in your report
Staying on top of your credit score is essential for borrowers in the country, especially as lenders increasingly rely on bureau data to assess creditworthiness. A periodic review of one’s credit report can help in detecting inaccuracies and mistakes. This can prevent identity fraud and maintain healthy personal loan, home loan, and credit card eligibility. […]
How to graduate college with little to no student loans
For the most part, college costs continue to rise, along with the amount students borrow to cover the tab. However, there is an exception. Overall, college tuition has jumped by 5.6% annually, on average, since 1983, significantly outpacing other household expenses, according to a study by J.P. Morgan Asset Management. But when broken down by institution […]