Competition is getting stronger. Regulations are getting stricter and more complex. Margins are getting tighter. The legacy systems are getting obsolete. And customers are demanding more. In between all this, financial institutions and banks are finding their way, their version of digitalization to turn this chaos into opportunities. A version of digitalization that will not only automate financial processes but would also upgrade their customers’ experiences. Digitalization would definitely give this industry the super-connected, real-time system that allows customers to access financial services as and when they want. We all know, we’ve come a long, long way from having to physically go to a bank to withdraw or deposit money. But there’s still a lot of ground to cover for financial institutions which… [Read More...]
3 Metaverse Stocks to Buy Now
From cutting-edge videogames to business applications like virtual real estate showings, it’s evident that this powerful technology has the potential to make a huge impact over the next few years…. [Read More...]
Ways to Make Money with a Pickup Truck
The keys to your pickup truck may be your key to making more money. High gas prices are causing consumers to swap for smaller vehicles. More and more, the average person doesn’t have a vehicle that can move items of substantial size and weight. Independent contractors can make money with a truck. We’ll give you the main 6 services you can provide, and 6 of the best Apps on how to make money with your vehicle so you can get started with this side hustle. Here’s the conclusion – if you have your own pickup truck, you can make money hauling stuff. 6 Ways to Make Money with a Truck, or with a Pickup Truck and Trailer Not all pickup trucks are good work trucks and equally… [Read More...]
A New Coin on the Block (Chain)
A new era has arrived – if before we had credit cards and debit cards that drew upon our cash accounts, now it’s as though someone took those actual banknotes and coins from under our mattress – the ones we didn’t want anyone to know about – and uploaded them to the cloud… no more plastic intervention. And now that the money is in the cloud, we can access it immediately and it’s safe – even without requiring a bank vault. In fact, no more plastic OR banker middlemen to lose it for us. Cryptocurrencies aren’t money assisted by code – they are monied code, digital assets that have been created as, are transacted as, and continue to be data only. Their existence is based in and … [Read More...]
Investors Warm Up To Burlington Stores, Inc
Shares of Burlington Stores (NYSE: BURL) experienced a bit of volatility in the wake of the Q3 report that had the first down 5.0% in premarket action and then up… [Read More...]
4 Common Winter Home Insurance Claims and How to Prevent Them
Whether it’s tumbling temperatures or a blackout blizzard, winter weather can wreak havoc on a home. But you can avoid a disaster with some preventive action. Here are four common… [Read More...]
Options Expiration – July 2021
The only July option I had coming into today was one ABNB July $135 naked put. This contract was the last option I sold back in June. ABNB was trading at $147.92 when I made my opening trade last month and today, I closed it for a profit after ABNB fell more than $14.00 over the past five weeks. ABNB had a rough day today and until this afternoon I thought I would take a full profit, but I had to close my position with just over 5 minutes left in the trading day. While ABNB was trading at $134.33 I bought to close one ABNB July $135 naked put for $75.63, including $0.63 in commission. This trade gave me a realized gain of $204.74 on an option … [Read More...]
End of the Month Summary – July 2021
I skipped writing a monthly update last month due to a surgery I had on my upper back that inhibited my right hand’s ability to type. I’m not recovered yet, but I’m able to type some. I’ll keep it brief though because I’m very slow now and I have a lot of work to do still. I’ve had a couple of decent months to help raise my account value, but I’m still very underinvested. I ended July with a Net Asset Value (NAV) of $135,632.37 according to Interactive Brokers (IB) after ending May with a balance of $132,979.58 and June with a balance of $135,064.74. That’s a gain over the past two months of $2,652.79 (~2.0%) on paper. … [Read More...]
How to Open a Business Bank Account
When is the right time to establish a business bank account? As soon as your small business is ready to accept or receive money, a business bank account separates your business and personal finances, which will help protect the business and keep it legally compliant. A small business bank account also adds an extra layer of professionalism to your new business that will make a positive impact on potential clients and customers, while providing them with additional perks and protection from doing business with you. By opening a business account, small business owners are better equipped to plan their budgets, process and deposit payments, manage payroll and other business expenses and deduct from their taxes. So, what steps are involved in establishing a small business bank account… [Read More...]