TessMore Finance Blog

Short selling is an advanced trading strategy investors use when they speculate whether the price of a stock is going down. How it works: Investors borrow a share and sell it, with the hopes of buying it back later at a lower price. It’s also a strategy making headlines in recent months. If you’ve been keeping up with the stock market news, you might’ve heard about short sellers losing millions of dollars due to the soaring prices of stocks, such as AMC and GameStop Corp. Whether you’re an investor yourself or interested in learning about investing, you’re in the right place to discover just what is short selling, including how to short sell stocks as well as the risks and benefits of short selling Short Selling Explained What does it mean to short a stock? Short selling stocks is an advanced trading strategy used either to hedge or speculate the anticipated decline in stock price. If the stock price goes down, it will result in a gain. If it goes up, it will result in a loss.

Staying on top of all your monthly bills takes more than just having enough money in your bank account. You also need the organizational skills so everything is paid on time. No one wants to get hit with a late fee — or worse, have their service turned off or cancelled — because they forgot to pay a bill on time. One way to keep up with multiple bill payments is to enlist help from a bill pay service and let it do all the hard work for you. What Are Bill Pay Services? It’s pretty self explanatory: They’re automated online services that facilitate paying your bills via website or app. The money, of course, is still coming from your account. However, you give the service permission to pull funds from your checking account and send it to your landlord, mortgage company, utility company or other service provider on or ahead of the bill’s due date. You provide the bill pay company with your bank account information and all the information for the account you want paid, and it will ens

There are hundreds of cryptocurrencies to invest in, with more are being added all the time. One of the most popular is Stellar Lumens (XLM). It’s an open-source, blockchain-based distribution ledger that stores and transfers money at reduced fees compared to other cryptos. If you’d like to know how to buy Stellar Lumens (XLM) cryptocurrency, this guide will tell you both how and where you can do it. Table of Contents What is Stellar Lumens? How to Buy Stellar Lumens Choose a Crypto Exchange or Investment Broker Select a Digital Wallet  Fund Your Account Executing Trades Where to Buy Stellar Lumens Coinbase Kraken eToro Webull SoFi Invest Bottom Line on Buying Stellar Lumens (XLM) What is Stellar Lumens? Stellar Lumens was developed in 2014 as a fork from the Ripple (XRP) cryptocurrency . But unlike many other cryptos, Stellar Lumens was designed for full integration into the global financial system. It was meant to function as a medium of exchange rather than a

One of the biggest misconceptions about eating a vegan diet is that it’s too expensive. But cheap vegan meals are a thing, and they taste good. Processed vegan meats, artisan vegan cheeses and vegan eggs are a delicious treat, but the cost can quickly drain your bank account when you are aiming to create vegan meals. For example, a 16-ounce pack of Great Value American cheese slices runs $2.66, whereas a pack of 7-ounce Follow Your Heart vegan American cheese slices is almost double the price at $4.98. Beef and plant-based meat substitutes are a different issue and depending on where you shop and what grade of beef is compared, prices could be comparable. However, you can find two Impossible Burgers (8 ounces total) for anywhere from $5 to $6.50. The national average for 1 pound of ground beef is about $4.50 and that would be about $2.25 for 8 ounces. 10 Vegan Recipes on the Cheap Cheap vegan recipes are affordable and can be made using ingredients you likely already have in your

With the end of the year approaching, it’s time for many people to start planning holiday travel. There’s no denying that we are currently living in the golden age of air travel. If it’s been a while since you’ve flown, you will want to make sure you understand the basic economy ticket. What is Basic Economy? Basic Economy is a type of airfare that generally is priced the lowest of all airfare. Basic Economy tickets get their history from ultra low-cost airlines like Frontier, Spirit and Allegiant. These ultra low-cost carriers have unbundled their airfare so that buying a ticket comes with only the airfare itself. Extra costs can be found in seat selection, checked or carry-on baggage, and even onboard snacks. The legacy airlines (United, American and Delta) found that they were losing market share to the low-cost carriers because many people were choosing their airline based solely on price. These airlines have to balance low prices with providing the service that their elite loya

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners . Nobody plans to go into debt. But things happen. Maybe you lost your job, or got divorced or just had a rough stretch of luck. The next thing you know, you’re struggling to make your payments, your credit score is taking a hit and it feels like you’ll never be able to climb your way out of this hole. You may think you only have a few options: bankruptcy, a major settlement or a consolidation loan you might not even qualify for. But there’s another option, and it just might be the best-kept secret in the world of debt. It’s a nonprofit called InCharge Debt Solutions , and they help people get out of debt — without having to take out a loan or declare bankruptcy. The Best-Kept Secret to Getting Out of Debt InCharge isn’t debt settlement, consolidation or even a loan at all, but the experience is similar —

The student loan servicing industry has had better days. Over the last several months, many servicers – companies that contract with the federal government to manage billing, customer service, etc – are stepping out of the loan servicing business. Here’s a quick breakdown: In July, FedLoan said it didn’t plan to renew its contract with the government, which ends in December. More than 8 million borrowers will be affected and transitioning to a new servicer. Granite State Management & Resources services loans for 1.3 million borrowers and also will not be renewing its contract with the Department of Education at the end of 2021. And, in September, Navient – one of the largest servicers in the country  – will transition its 6 million student loan accounts to another servicer, Maximus. Richard Cordray, COO of Federal Student Aid, recently gave a policy speech to the Education Finance Council. His remarks were given to Politico. He said in the speech that part of renegotiating

Getting a dog is an exciting addition to your life. Who wouldn’t want an energetic, adorable puppy zipping around the house? But adopting a dog comes with more responsibility than most realize. Outside of the obvious responsibilities like feeding, walking, and taking a canine to the vet, basic obedience training sessions are a must for any dog-owner. Having a well-behaved dog isn’t just a nice trait — it will make both you and your dog much happier. However, dog training can range from roughly $25 per group training session to over $100 each for individual and in-home sessions with a dog trainer. It can seem like a big task to teach your dog how to be on its best behavior on command, but it is completely worth it for a loving, content relationship with your pup. Here’s how to start with the basics of dog training — without chewing a hole through your wallet. How Much Does Dog Obedience Training Cost? Obedience training, whether learned at home or in a classroom setting, is crucial