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5 Best Stories on Real Money: Beating Covid, Market Bubble

5 Best Stories on Real Money: Beating Covid, Market Bubble

Quiz: What’s one advantage the president has that the market does not?

Answer: He can get a doctor’s note telling you everything is wonderful. 

But investors? They’re left on their own, left trying to forecast when a stimulus bill will land, left watching every vaccine trial to spot a winner, left waiting up at night for earnings reports, and left tracking technical indicators for clues about what’s churning underneath the surface. 

Fortunately, investors do, however, have experts who can guide them. Helping us get through this messy, mucky October are Real Money and Real Money Pro writers Jim Cramer, Paul Price, Maleeha Bengali, Alex Frew McMillan, and Jim Collins.

Jim Cramer: Let’s Beat Covid-19

Cramer lays out what is happening right now to get the pandemic under control and what it will look like not that long from now — even before a vaccine is available.

Here’s the tests and therapies that Cramer contends will change the channel on the Covid outlook.

Price: Give Stocks a Second Chance 

Few stocks go up in straight-line moves. Instead, writes Price, most tend to spurt higher, tail off, then rise again. While the interim selloffs often shake out traders who mainly trade on momentum, plus those who fail to understand the companies’ true worth, there’s still opportunity awaiting for those willing to give second chances.

See how Price would play a select group of stocks — even following their earlier rebounds from March’s lows.

Jim Collins: There’s Trouble in Bubbleland 

We are in the midst of a unprecedented financial bubble, writes Collins. Will a recovery from the Covid-19 lockdowns ease the bubble before it bursts in our faces?

Read why Collins isn’t holding his breath, and how the situation could play out for insurers and others. 

Bengali: It’s Value Vs. Growth. Pick One.

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Shift Completes Merger with Insurance Acquisition Corp. on its Path to Public Listing, … | Money

Shift Completes Merger with Insurance Acquisition Corp. on its Path to Public Listing, … | Money

Caution Regarding Forward Looking Statements

This document includes “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward looking statements include estimated financial information. Such forward looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of Shift’s business are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward looking statements. These factors include, but are not limited to: (1) the risk that the business combination disrupts Shift’s current plans and operations; (2) the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, Shift’s ability to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (3) costs related to the business combination; (4) changes in applicable laws or regulations; (5) the possibility that Shift may be adversely affected by other economic, business, and/or competitive factors; (6) the operational and financial outlook of Shift; (7) the ability for Shift to execute its growth strategy; and (8) other risks and uncertainties indicated from time to time in other documents filed or to be filed with the Securities and Exchange Commission (“SEC”) by Shift. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Shift undertakes no commitment to update or revise

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Consumer Reports: Smart money strategies during COVID-19 pandemic

Consumer Reports: Smart money strategies during COVID-19 pandemic

For millions of Americans, this year has forced them to make very difficult financial decisions. And while the economic recovery is very uneven, for people with some money leftover at the end of each month, the question might be what to do with it: Spend it or save it?

Consumer Reports has some strategies to help you make smart money decisions in these uncertain times.

Andrea Bloome has devised a whole system, so she can zero her credit card bills and plan for her future, at the same time.

“My best plan is to take the money before I ever even see it, so I don’t even know it exists,” she said.

Money experts at Consumer Reports agree with her strategy, and say it’s important to find the right balance.

“It’s difficult to tackle two financial goals at once, but if you take a two-pronged approach, you can save for retirement and pay down your debt at the same time,” said Consumer Reports Money Editor Penny Wang.

Start by taking a good, hard look at where your money is going. Several online tools can help you track your spending, including Mint-dot-com, which is free — and YNAB, short for You Need A Budget, which costs $84 a year.

Then, look for ways to free up cash. You’ll have the biggest impact with big ticket items — such as housing or transportation.

But small fixes, like making coffee yourself or cooking at home, can also add up over time.

Next, prioritize your debt. High interest credit cards should go first and then lower interest debt, like student loans.

Setting up automatic payments, like Andrea has can help make it mindless.

“It makes it much easier, because that way, you don’t have to remember each month to send in the money and

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Rental market reveals UK divide between affluent and deprived areas | Money

Rental market reveals UK divide between affluent and deprived areas | Money

Britain’s rental market has diverged since reopening after the Covid-19 lockdown, with the number of homes in affluent areas being let increasing, while activity in deprived neighbourhoods has sharply dropped.

Research by Hamptons International showed that in 10% of the wealthiest neighbourhoods, the number of homes let between May and September was up by 1.3% on last year. Meanwhile, new instructions rose by 4%.

In contrast, in the bottom 10% instructions fell by 17.7% over the year, and the number of homes let was down by 14.8%.

The property firm, which analysed data from its Countrywide agents, said across Great Britain the total number of homes let between May and September 2020 fell by 5.3% compared with the same period in 2019.

The fall in activity could reflect a reduction in people moving to start new jobs, as redundancies rise, as well as an increase in the number of tenants who are not financially in a position to sign a new rental contract.

Aneisha Beveridge, the head of research at Hamptons International, said: “Over the course of the pandemic tenants are more likely to have seen their incomes hit than homeowners. But the economic crisis has also widened divisions within the rental market.”

She added: “Tenants living in the least affluent areas of the country are most likely to have been impacted by the economic crisis and this has made it harder for some renters to move home – typically at a time when they need to prove their income and pass referencing checks.”

The data showed that across Great Britain rents for newly let properties flatlined in September. In inner London, they had dropped by 14.1% since September 2019, and there was also a fall in Wales, but in all other regions landlords were asking more than a year

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Six Ways to Save Money on Car Insurance

Six Ways to Save Money on Car Insurance

Press release content from Accesswire. The AP news staff was not involved in its creation.

LOS ANGELES, CA / ACCESSWIRE / October 10, 2020 / Cheapquotesautoinsurance.com ( https://cheapquotesautoinsurance.com/ ) has released a new blog post that presents six ways in which drivers can save money on car insurance.

For more info and free car insurance quotes online, visit https://cheapquotesautoinsurance.com/6-top-ways-that-will-help-you-pay-less-on-your-car-insurance/.

Obtaining cheaper auto insurance is not impossible. A driver should improve his car’s safety rating, make smart coverage selection, and look for several investment opportunities with the current provider. In order to get the best car insurance prices, follow the next tips:

  • Bundle multiple insurance services. Getting coverage for all household’s cars with the same company is a smart thing to do. Also, try to insure the home with the same company. Multi-car and multi-policies discounts are great ways to save money.
  • Ask for discounts. Car insurance companies offer a wide variety of discounts. Some of their discounts are the homeowner discount, good student discount, getting a married discount, and many other discounts that are available in certain situations.
  • Keep a clean driving record. Safe driver discounts can range from 10 percent to 20 percent. Maintain a clean driving record for a number of years, usually three to five.
  • Consider UBI policies. Some companies offer usage-based programs. Good drivers can benefit of significantly discounted rates. All they have to do is to let the company monitor the client while driving. If the results are satisfactory, the company can customize prices and provide a better deal.
  • Consider raising deductibles. A driver can lower full coverage costs by agreeing to pay a larger deductible. The larger the deductible amount he agrees to pay, the lower his insurance will cost.
  • Shop online for multiple quotes. The best way a
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