Thomas Barwick/Getty Images Financial advice can be a bit of a Catch-22 — you often need it when money is tight, but financial advisors usually charge fees for their services. And because money is tight, you may not be able to afford that cost. Fortunately, there are many ways you can find financial advice that … Read more
Technology has ushered in a new era in the investing world, and it’s never been easier to learn how to buy stocks online. But what’s the best online broker for stock trading? That depends on the type of investor you are and the features you need the most. Bankrate analyzed the major players to help … Read more
Options are among the most popular vehicles for traders, because their price can move fast, making (or losing) a lot of money quickly. Options strategies can range from quite simple to very complex, with a variety of payoffs and sometimes odd names. (Iron condor, anyone?) Regardless of their complexity, all options strategies are based on … Read more
It’s a question you’ll frequently hear during any program discussing the latest financial news: “What did the market do today?” The answer often includes a reference to an index such as the Dow Jones Industrial Average, the S&P 500 or the Nasdaq. But what are these? And what distinguishes one from the other? What are … Read more