How to generate some return on Costco after a nice rally, without having to sell the stake
Arguably, the most successful trader of all time died Friday. Although his trading secrets remain closely held by the firm he founded, what’s the most important lesson he left the rest of us? How I think about Jim Simons’ legacy, and a trade on one of the most successful retailers, Costco, follows. First, a contrarian […]
How to find out if you have unclaimed money with the IRD
The IRD is holding millions of dollars in unclaimed funds. Like many people, this is probably news to you. But how do you know if some of it is yours and — perhaps more importantly — how do you claim it? Why have I not heard about this, is this legit? It seems like a […]
How to boost your retirement nest egg
Saving just a small amount every week into a KiwiSaver account can make a big difference to your retirement – especially when it comes to getting the full government contribution each year. The cost of living is a daily worry for most of us and it can be tempting to put saving for your retirement […]
How To Use The Chase Sapphire Preferred Hotel Credit
The Chase Sapphire Preferred® Card currently has an elevated intro offer of 75,000 bonus points after you spend $4,000 on the card in the first three months from account opening. This card has a $95 annual fee, but, you can earn back over half of that cost every year by taking advantage of a single […]
How to start a passive income side hustle: Realistic tips from experts
Starting a passive income side hustle may look quick and easy on TikTok. In real life, it usually takes time and effort to start, and maintain, a business that brings in cash while you’re actively not working. “Don’t put unnecessary pressure on yourself to create a six-figure business in two weeks,” Jannese Torres, a 39-year-old […]
How to reduce capital gains taxes on your home sale
The Good Brigade | Digitalvision | Getty Images More Americans are paying capital gains taxes on home sale profits amid soaring property values — but there are ways to reduce your bill, experts say. In 2023, nearly 8% of U.S. home sales yielded profits exceeding $500,000, compared with about 3% in 2019, according to an […]
Americans can’t stop ‘spaving’ — here’s how to avoid this financial trap
Spending more to save more is an all-too common pitfall. The opportunities for so-called “spaving” are nearly everywhere, whether it’s the lure of a “limited-time deal” or “buy one, get one free” or tacking on additional items to get a bigger discount or simply to reach the free shipping threshold. But spending to save can lead […]
How to make high interest rates work in your favor
That’s not good news for people borrowing money, but it’s a great time to have savings accounts, says Ted Rossman, chief credit card analyst at Bankrate. “The biggest benefit is for savers,” Rossman says. “You can still get over 5% on a totally liquid totally federally insured savings account. The top one-year certificates of deposit […]
How to generate some return in beaten-down Starbucks using options following its earnings rout
Starbucks shareholders licking their wounds this week could use a so-called call spread options trade to try to salvage some return in the wake of the big drop in the shares. Let’s review. Starbucks (SBUX) on Wednesday traded nearly seven times the 20-day average equity volume and 10 times the average daily options volume as […]
How to choose the perfect property investment strategy
The UAE attracts different kinds of property investors, and the availability of diverse options means home buyers can choose a unit that is best suited for either a short-term or long-term lease. This decision is usually based on various factors such as rental yields, capital appreciation, location, market conditions, supply and demand and individual investment […]