Is Tesla Stock a Good Investment?

The following is a 3rd party contribution 

Tesla’s stock price recovered much of its recent losses triggered by the recent global market sell-off, and the company is currently trading around USD 330. This is slightly below the level it reached on January 25th, after which it rose to USD 354, fell as low as USD 310 and then rebounded to USD 357. However, it is currently moving back down and could soon approach the previous support level of USD 309.54.

Whether TSLA continues to fall or stages another rally, traders can take advantage of all price movements by using stock trading platforms. Many brokers, such as, offer numerous trading tools and advanced charts, allowing members to make more informed trading decisions. The question for many is now whether Tesla stock represents a sound investment.

The valuation of the company still seems too high for many analysts, since the company is yet to make a profit and is burning a lot of cash, not to mention its production problem regarding the new Model 3. According to Barclays, the electric vehicle producer’s stock should be sold, while Morgan Stanley reiterated its “equal weight” rating at the beginning of February with a price target of USD 379. Even if its stock rises, Tesla has serious challenges to address, ones that are likely to weigh heavily on the company’s valuation.

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Consider These 7 Tips When Shopping for Automobile Insurance

The following is a guest post.

Many families are struggling in today’s economy, and your family may very well be one of them. If you are at the end of your rope as you try to shave even more dollars off your family’s budget, take a moment to look at your insurance line item. Were you shocked when you saw the monthly total? Many people are. Insurance coverage is expensive, but it is also necessary. If you have had the same automobile policy for years, it’s time to see about cutting the cost using these seven tips.

1. Shop Around

Even if you are happy with your automobile insurance company and the coverage it provides, shop around. According to the Insurance Information Institute, “prices differ from company to company,” and it may be time to say “Sayonara” to your old carrier. Find out who covers your family, friends, and work colleagues’ automobiles, and contact the companies to see if they can give you better rates.

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Hacks to Lower Your Life Insurance Policy and Save You a Lot of Money

The following is a guest post by Albert Davis.

Life insurance rates in Canada are trending upward, and are likely to continue increasing for quite some time. Yet there is a shift in the insurance industry that is moving away from providing a flat rate for all customers, to delivering rates based on lifestyle and health choices. In this post we look at two examples of how health insurance could be lowered by following a healthy lifestyle, which in turn will save you a lot of money.

Special correspondent Preet Banerhee, in his article for The Globe and Mail, provided a sample breakdown of the premiums that a healthy, non-smoking 25-year-old must pay for a 10-year term with a face value of $500,000. In Banerhee’s example the individual automatically renews the insurance after every 10 years, which will mean that his monthly premiums are as follows:

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7 Ways People in Their 30s Can Prepare for Retirement

The following is a guest post

By the time you reach your 30s, you should have already gotten a head start toward saving for retirement and for your children’s future. However, life doesn’t always happen as planned, especially when children enter the picture, our employment situation changes, or we’re hit with unexpected medical bills.

Here are eight steps 30-year-olds can take to better their future.

Determine what your ideal retirement looks like

The key to saving for retirement is steadily putting away money, cutting down on unnecessary costs, creating a sound investment plan, and getting the most out of your paycheck and benefits. But the first step any couple or individual in their 30s needs to take is determining what their ideal retirement looks like.

Would you like to live in a wealthy community, travel a bit and even help your children and grandchildren out? Make sure you plan accordingly. It’s no secret that you can’t rely on Social Security to support you through a comfortable retirement. In fact, Social Security benefits will only serve as padding to a well-planned retirement fund that has grown over the years.

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5 Reasons Why Car Leasing is Better than Buying a New Car

The following is a guest post

Buying a brand-new car and getting a car lease are two totally different things, and both have their own pros and cons. There are a lot of things to consider, depending on your needs and wants. It’s a tough call, and you definitely want to make sure that you will make the right choice.

Car leasing has always been a popular choice for people who wants a car that they can use for a certain amount of time. This is for the people who doesn’t want a huge responsibility on their shoulders. Leasing was believed to be meant for corporate customers, but that was way back. Now, almost every car company offers car leasing to students and families.

Below are some of the reasons why car leasing can be a better choice than going all out and buying a new car.

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