Ten years after the financial crisis, one trader sees a way to protect against another crash
Ten years ago this week, Wall Street was facing the worst stretch of one of the biggest financial crises in its history. Over just two days, Lehman Brothers filed for bankruptcy, Bank of America saved Merrill Lynch with a $50 billion buyout, and the Federal Reserve lent $85 billion to AIG to prevent it from […]
Tesla Semi production to ‘earnestly’ begin by 2020
When Elon Musk unveiled the Tesla Semi last November, the bold CEO announced that the all-electric truck would likely start production sometime in 2019. While details for Tesla’s ramp for the Semi are still largely unknown, the company has nonetheless provided an update on the upcoming vehicle’s rollout, stating that the company would begin “earnestly” […]
4 Financial Chores You Can Finish in 15 Minutes or Less
Sometimes, money is like technology. Getting stuff done — whether it’s updating an operating system or moving a bank account — often takes longer than it should. There are some money chores, though, that can be done a lot faster than you may think. The following financial tasks, which could save you a lot of cash and stress in the future, each […]
3 Dividend Stocks That Are Perfect for Retirement
No other type of investor is more dependent on dividend stocks than retirees. Americans who have moved beyond their working careers count on the additional income from their investments to supplement Social Security checks and other income streams, like pensions, that they may have. Retirees look for dividend stocks that are safe, reliable, and, ideally, […]
What You Need to Know About Cheap Insurance
When it comes to selecting an insurance plan, you have a tricky financial choice to make: Purchase the most expensive insurance policy or pass up a high-priced policy in favor of more affordable coverage and rock-bottom annual premiums? You don’t want to rush through the decision because in terms of coverage, you generally get what […]
When’s the Next Financial Crisis Coming – and How Do You Prepare?
A decade has passed since the height of the last major financial crisis. And if you have a pessimistic – or practical – mindset, you know that Americans are due for another money meltdown in the future. Today’s economy looks different than it did 10 years ago. The U.S. stock market has experienced the longest […]