My True Wealth Systems readers are up 35% in just four months on one trade... How are we up so much? We made a massively contrarian bet. In March, we placed a short-term bet on lower oil prices. We were so confident in the trade that we made it with "leverage" to increase our
On Friday, our Under the Radar Moversnewsletter suggested shorting small cap energy transportation and distribution stock Enbridge Inc (NYSE: ENB):
Enbridge has been on our watchlist for a while, but finally moved past the tipping point today. That is, after several weeks of push-and-pull, the bears are starting to win the war. The 20-day moving average line (blue) just crossed under the....More>>>
Highly paid corporate executives are often compensated with a complex web of bonuses, stock grants, insurance, pension plans and other financial instruments. Unfortunately, even though these company plans are their most valuable assets, many executives often wait years to develop a strategy to manage this wealth.
See Also: What to Do When You Have Employer Stock in Your Retirement Plan
Can I take a tax deduction for my long-term-care insurance premiums?
Take Our Quiz: Is It Tax Deductible?
Maybe. If you have a tax-qualified long-term-care insurance policy, you may be able to deduct a portion of your premiums as a medical expense. (Most traditional long-term-care policies qualify, but ask your insurer.) You can deduct eligible out-of-pocket medical expenses only....More>>>
Viper Energy (NASDAQ:VNOM) is an MLP that owns mineral and royalty interests and is 75% owned by Diamondback Energy (NASDAQ:FANG). It is one of the cleanest and easiest to understand MLPs in the energy space. The business model is simple: the company collects royalty checks on its mineral/royalty acreage (averaging 9.1% of revenue of the oil and gas produced) and has few overhead....More>>>
Sometimes the market gets fairly excited about a perceived significant event causing a lot of would-be investors to jump into an investment without properly weighing all the potential risks and outcomes. Cobas Asset Management invested in Teekay Corporation (TK) to the tune of about 4 million sha
U.S. equities are inching higher on Friday thanks to a strong jobs report for June that basically reinforced the status quo: Good payroll gains, a slight increase in the unemployment rate and an ongoing rate of wage inflation. Tech stocks keep flapping around, rebounding higher but within th
Like parades and fireworks,Independence Day cookouts are a holiday tradition. But hosting one can get priceyif you dont watch your budget. Hereare some tips for hostinga fabulous cookout this Fourth of July without going broke, courtesy of Sarah Spigelman Richter, a food reporterbased in Manhatta
I was a small business owner building sound systems and providing DJ entertainment. Then, after a decade and a half, I dove into the 9 to 5 corporate world, managing databases, developing websites and creating corporate communications. These days,
Late last week, small cap mobile gaming stock SPYR Inc (OTCQB: SPYR) announced big progress to turn its flagship game Pocket Starshipsinto a major force in the eSports market as the game now includes new player vs. player (PvP) features. Getting into eSports will be key for SPYR Inc as according