Crude Oil Futures Trading 101 – What Are They and Should You Invest in Them?

oil prices futuresWith the price of oil skyrocketing (the price recently increased by 14% in a single week), you may be wondering if now is the right time to invest in this commodity.

There are plenty of ways to get in on the oil industry. For example, you can buy stocks of oil and drilling companies. But one of the most profitable – and riskiest – investments you can make is in oil futures.

In this article, we’ll look at what oil futures are, and then discuss the pros and cons of investing in them. You can then decide if they’re a good addition to your investment portfolio.

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Why You Need a Taxable Brokerage Account in Addition to an IRA & 401k

nest egg cashThose of us who are passionate about paying down debt, saving for the future, and investing  are no doubt familiar with traditional, tax sheltered investment accounts.

The usual suspects are: 401k retirement plans, which allow you to defer your tax burden until age 59 1/2 when withdrawals are taxed as ordinary income, and Roth IRAs or Roth 401ks, where you are able to contribute after tax earnings now and never pay additional taxes on the earnings or interest as long as withdrawals are deferred until age 59 1/2.

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Health Benefits & Uses of Lemons and Lemon Water

This article is part of the Money Crashers Natural Medicine Cabinet Series, outlining 20 of the top natural home remedies and treatment.

lemonsMost of us use lemons regularly in the kitchen. Lemon is great spritzed over salmon, added to rice with dill, and mixed into lemonade. Delicious!

But what many people don’t know is that lemons have a ton of other uses outside of flavoring food which can also save you a significant amount of money.  In the book 1,801 Home Remedies: Trustworthy Treatments for Everyday Health Problems, Reader’s Digest classifies lemons as a “Top Household Healer.”

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10 Extreme Ideas to Cut the Cost of Commuting to Work

car commute blurHow much is your commute costing you? If you’re like most Americans, the amount is probably way too much.

According to ABC News, the average American worker lives 16 miles away from work, and with gas prices rising (currently at around $4 per gallon), your commuting budget is going to start running on fumes. For a normal 40-hour, five-day work week, and with a modern average of 20 MPG, rough math reveals that you’ll spend around $1,600 per year on fuel alone.

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How to Travel the World for Free Using Customer Loyalty Programs

punch drunk love puddingThink you have to travel often to acquire frequent flyer miles? Think again.

In the 2002 movie, Punch Drunk Love, Adam Sandler plays a quirky character who finds a way to earn millions of frequent flyer miles without leaving home in order to travel with his paramour. He realizes that there’s a promotion to earn frequent flyer miles with each purchase of Healthy Choice pudding. He then determines that the value of the mileage far exceeds the cost of the pudding, so he buys the pudding by the truckload, collects the miles, and donates the product to a food bank in order to claim tax deductions.

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16 Ways to Find Cheap Budget Wedding Venue Ideas for the Ceremony & Reception

The average cost of a wedding in the United States is well over $20,000. But if you’re planning your big day, don’t let that number scare you! There are plenty of creative methods to implement budget wedding ideas without sacrificing what matters most to you.

One of the best ways to save is with your wedding venue. A wedding venue could be many things, but for most weddings, it means a place for the ceremony and a place for the reception. Planning the wedding venue is really the first step in planning a wedding – everything else hinges on the location.

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Should I Buy a New Car? 6 Reasons to Buy a New Car over a Used Car

Despite big promotional events and appealing advertisements, new cars come with hefty price tags and lose their value very quickly due to depreciation. In fact, there are many benefits to buying a used car for cheap over a brand new one.

However, there are a few specific occasions when a new car isn’t just a luxury indulgence and a way to pamper yourself. It actually makes more sense to buy new in these cases.

In the six situations below, a new car might be the wise and worthwhile purchase for you.

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CarMD Review – Automotive Vehicle Diagnostic Scan Tool to Avoid Scams

carmd logoYou take your car in for routine maintenance and the mechanic comes back saying that the car has about five different issues you weren’t expecting. You want to believe that they are telling you the truth, but mechanics in general don’t have good reputations so it’s hard to take them at their word. Does this sound familiar?

If you’re like me and don’t know much about cars, chances are that you’ve run into this situation more than once. By now you probably dread taking your car to the mechanic.

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How to Prepare for Phone Interview Questions – Etiquette, Tips & Tricks

business woman job phone interviewI have a good friend who is currently in an entry-level position for a major corporation. She loves her job, and she does it very well. Her boss knew she wanted to move up in the company and encouraged her to apply for a position within another division.

After she submitted a resume, she landed a phone interview. Because of all the encouragement she had received from her current boss, she believed she was a shoo-in for the position. She went into the phone interview unprepared but feeling confident.

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