priceline http://www.wisebread.com/taxonomy/term/9069/all en-US How to Buy Stocks, Priceline-Style http://www.wisebread.com/how-to-buy-stocks-priceline-style <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/how-to-buy-stocks-priceline-style" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/stocks_0.jpg" alt="Stock market quotes" title="Stock Market Screen" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>When Priceline burst onto the scene in 1998, it stood out because it offered would-be travelers a new, cheap way to book airline tickets.</p> <p>By allowing users to name their own prices, Priceline turned the online-travel world upside down. Instead of scouring the web trying to find the best price, you could set your own price for a flight, cross your fingers, and hope you&rsquo;d get &ldquo;filled&rdquo; at that price.</p> <p>People loved the idea of being able to set their own price for something as expensive as a plane ticket.</p> <p>But can this model work in other parts of life, like buying and selling stocks? Say a stock you love is priced at $25, but you want to buy it at $20. Wouldn&rsquo;t it be great if you could put in an order at $20 and have it filled if the price dipped down to that level?</p> <p>That&rsquo;s possible &mdash; it&rsquo;s called a limit order, and it basically says &ldquo;buy this stock if/when it hits $20.&rdquo; But if it takes months or years for the stock to come down, you&rsquo;re wasting valuable time. Plus it&rsquo;s boring.</p> <p>Enter options.</p> <p>Options allow you to make the same trade with one exception: You can make money each month that the stock doesn&rsquo;t hit your price. You&rsquo;ll still have to wait for the price to come down, but you&rsquo;ll get paid while you wait.</p> <p>It&rsquo;s like Priceline sending you a check for $30 every month that they can&rsquo;t find you a flight to LA at your $500 price.</p> <p>The downside, of course, is that you never know when you&rsquo;ll get to go to LA. You might never go because the price may not fall that low, but at least you&rsquo;ll get paid to wait.</p> <p>That&rsquo;s how the &quot;cash-secured put&quot; strategy works &mdash; you name your own price, and you get paid while you wait. There are a bunch of other options strategies out there, but this one is a personal favorite.</p> <p>For investors looking to buy a stock at a specific (lower) price, the cash-secured put is a popular way to use one of the advantages of options to make a stock trade.</p> <p>If you want to test out a cash-secured put or any other options strategy, a great way to go about it, especially for beginners, it is to try it in a virtual trading account. Online brokers like OptionsHouse* offer <a href="http://www.optionshouse.com/virtual/">virtual trading</a> free of charge. In a virtual account, you are able to try trading with real stocks and prices, but with virtual dollars. Once you&rsquo;ve learned the ropes and gained the confidence, you can try the cash-secured put for real.</p> <p>One thing to remember: The &ldquo;cash-secured&rdquo; part implies that you&rsquo;ve got the money available to buy the stock at the discount price you want.&nbsp; If you are waiting for that stock to hit $20, and you&rsquo;d like to buy 100 shares, you&rsquo;d need to set aside $2,000 for if/when the stock hits your target price.</p> <p>If you do wind up owning the stock, you&rsquo;ll take on the same risks as owning any other stock &mdash; gains are unlimited if the shares rally, but the stock can also go down to zero.&nbsp;</p> <p>Think of the cash-secured put as the &ldquo;Priceline of options strategies,&rdquo;&nbsp;without the William Shatner endorsement.&nbsp;</p> <p><em>* Disclaimer: I am an employee of OptionsHouse and do not have a position in or endorse Priceline as a company or a stock. The views and opinions expressed on this post are mine and do not necessarily reflect the views of OptionsHouse, LLC or any of its affiliated companies. Check out more <a href="http://www.optionshouse.com/tag/cash-secured-put/">cash-secured put examples</a> on the OptionsHouse blog.</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/carlos-portocarrero">Carlos Portocarrero</a> of <a href="http://www.wisebread.com/how-to-buy-stocks-priceline-style">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-build-an-investment-portfolio-for-under-5000">How to Build an Investment Portfolio for Under $5000</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/save-your-retirement-by-avoiding-these-10-risky-investments">Save Your Retirement by Avoiding These 10 Risky Investments</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/4-sneaky-investment-fees-to-watch-for">4 Sneaky Investment Fees to Watch For</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-4-best-investments-for-lazy-investors">The 4 Best Investments for Lazy Investors</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/tesla-six-flags-and-9-other-adventure-stocks-worth-investing-in">Tesla, Six Flags and 9 Other Adventure Stocks Worth Investing In</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Investment priceline stock options stocks Wed, 01 Dec 2010 13:00:07 +0000 Carlos Portocarrero 316444 at http://www.wisebread.com If It’s Not Sunny In Philadelphia, It’s Free! http://www.wisebread.com/if-its-not-sunny-in-philadelphia-its-free <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/if-its-not-sunny-in-philadelphia-its-free" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/sun travel.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="363" /></a> </div> </div> </div> <p class="MsoNormal">Looking to book a trip through <a href="http://www.priceline.com/">Priceline</a>? <span> </span>Do it now, and you can be eligible for their <a href="http://www.priceline.com/promo/sunshine_guaranteed.asp">Sunshine Guaranteed offer</a> .<span> </span>Here are the details on this &ldquo;rain or shine&rdquo; promotion:</p> <p class="MsoNormal"><strong>What&rsquo;s it good for? <span> </span></strong>By booking your summer vacation package (for departure between July 1<sup>st</sup>, 2008 and September 7<sup>th</sup>, 2008) now, you can get in on this deal!<span> </span>Get your trip to over 100 vacation destinations finalized before July 17<sup>th</sup>, and be sure that it is between 3-8 days long (travel dates included.)<span> </span>You must also be sure to book at least 12 days in advance.</p> <p class="MsoNormal"><strong>What&rsquo;s the Guarantee?</strong><span> </span>If it rains more than &frac12; inch total accumulation on each of at least half the days of your vacation, your trip is free!<span> </span>So if you are vacationing for 3 days, you must have rainfall on 2 days.<span> </span>If you are traveling for 8 days, it must rain on 4.<span> </span>(Get it?)<span> </span>Your cost of airfare, hotel stay, rental car, attractions booked through Priceline, and all taxes and fees are included in the refund.</p> <p class="MsoNormal"><strong>Who keeps track of the weather?</strong><span> </span>Priceline, of course.<span> </span>And while you can use your own rain gauge or a trusty meteorologist to keep score, Priceline will keep tabs on the rainfall (provided by the National Weather Service) for your destination.<span> </span>Rainfall will be updated periodically via a special link, and if the moisture measures up, your refund will be automatically sent to you.</p> <p class="MsoNormal"><strong>Is Seattle included?</strong><span> </span>Were you going anyway?<span> </span>I wouldn&rsquo;t make a special trip in hopes of getting something for free (it&rsquo;s been a wacky year, after all.)<span> </span>But if you&rsquo;re headed somewhere special and can&rsquo;t decide on an online booking provider, this may be the way to go.<span> </span>Getting rained out is no fun, but even a week stuck in a hotel can be relaxing if it&rsquo;s free!</p> <p class="MsoNormal">For a complete list of destinations (which include Seattle, Key West, Toronto, and Philadelphia &ndash; plus too many to mention), <a href="http://www.priceline.com/promo/sunshine_guaranteed.asp">visit Priceline&rsquo;s guarantee page</a>.<span> (And try not to be too disturbed by Shatner's karate chop.) </span></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/linsey-knerl">Linsey Knerl</a> of <a href="http://www.wisebread.com/if-its-not-sunny-in-philadelphia-its-free">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/become-a-frequent-flyer-master-and-earn-a-free-flight-every-year">Become a Frequent Flyer Master and Earn a Free Flight Every Year</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-7-rules-of-budget-travel">The 7 Rules of Budget Travel</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/getting-around-the-guidebook-techniques-for-researching-your-trip-without-spending-a-fortune">Getting Around the Guidebook: Techniques for Researching your Trip Without Spending a Fortune</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/what-does-car-rental-insurance-really-cover-on-your-credit-card">What Does Car Rental Insurance Really Cover On Your Credit Card?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/free-and-cheap-things-to-do-in-champaign-urbana">Free and cheap things to do in Champaign-Urbana</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Cars and Transportation Travel Art and Leisure deals priceline refund summer vacation Sun, 13 Jul 2008 04:15:31 +0000 Linsey Knerl 2233 at http://www.wisebread.com Find the cheapest hotel in seconds http://www.wisebread.com/find-the-cheapest-hotel-in-seconds <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/find-the-cheapest-hotel-in-seconds" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/475156731_13c2c76b51.jpg" alt="Hotel" title="Hotel" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>Let's cut to the chase; when you're shopping around for hotels, you want the best location, the best star-rating and the best service for the lowest possible price. Usually, that means opening up about 10 browser windows and comparing the deals. Well, not any more. A new search-engine I've just discovered does it all for you in seconds.&nbsp;</p> <p>The website, <a href="http://blogs.computerworld.com/elgan">according to Mike Elgan of Computerworld</a> , is basically using Google Maps technology. It mashes it up with a hotel-finder to give you a complete list of hotels in the area you choose, ordered by price. It's called, wait for it, <strong><a href="http://hotels.mapchannels.com/Search.aspx">Map Channels Hotel Directory.</a></strong>&nbsp; Thankfully, the service it provides is way better than the uninspired name.</p> <p>Let's cut to the chase; when you're shopping around for hotels, you want the best location, the best star-rating and the best service for the lowest possible price. Usually, that means opening up about 10 browser windows and comparing the deals. Well, not any more. A new search-engine I've just discovered does it all for you in seconds.&nbsp;</p> <p>The website, <a href="http://blogs.computerworld.com/elgan">according to Mike Elgan of Computerworld</a> , is basically using Google Maps technology. It mashes it up with a hotel-finder to give you a complete list of hotels in the area you choose, ordered by price. It's called, wait for it, <strong><a href="http://hotels.mapchannels.com/Search.aspx">Map Channels Hotel Directory.</a></strong>&nbsp; Thankfully, the service it provides is way better than the uninspired name.</p> <p>When you first get to the <a href="http://hotels.mapchannels.com/Search.aspx">site</a> , you put in your <strong>destination, check-in date and number of nights</strong>. The radar on the map to your right begins spinning and shortly thereafter, a list of hotels starts appearing on the page. Give it time to work, as it finds cheaper hotels it slots them in until you get a complete list of what's available, the rating and the price.&nbsp;</p> <p>I also suggest changing the listing to <strong>DETAILED</strong>, which gives you a complete write-up of each hotel and pictures. That can be really helpful because some of these bargain hotels look right at home in a horror flick. But others, well, you'll be surprised at how cheap the good hotel rooms can go for.</p> <p><strong>IMAGE GALLERY</strong> is an even better option if you're a visual shopper. This basically gives you photos of the hotels with a room rate beneath. And, you can also order your lists by rating or name, and change the currency, too.</p> <p>Give it a try, let me know how it works out for you. But I know I'll probably leave Hotels.com, Priceline, Travelocity and Orbitz alone for a while. This saves me a lot of time and trouble. Happy travels.&nbsp;</p> <p>&nbsp;</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/paul-michael">Paul Michael</a> of <a href="http://www.wisebread.com/find-the-cheapest-hotel-in-seconds">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/travel-resources">40 Most Useful Travel Websites That Can Save You a Fortune</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/25-hotel-hacks-from-professional-travelers">25 Hotel Hacks From Professional Travelers</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-book-an-amazing-cheap-vacation-package">How to Book an Amazing Cheap Vacation Package</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-best-credit-cards-with-sign-up-bonuses-for-hotel-stays">5 Best Credit Cards with Sign-up Bonuses for Hotel Stays</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-easy-way-to-negotiate-a-cheaper-hotel-room">The Easy Way to Negotiate a Cheaper Hotel Room</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Travel hotel finder hotels hotels.com priceline search engine search tool travelocity Sun, 06 Apr 2008 05:02:53 +0000 Paul Michael 1984 at http://www.wisebread.com