Points and miles have been popular benefits offered by the travel and credit card industries for years now, but given the explosion in travel we’ve seen in 2022, coupled with the rise in prices seemingly across the board, this basic guide offers some handy tips on how to get the most out of your hard-earned benefits.
The IRS has struggled to process tax returns as efficiently as usual and if the agency doesn’t process a refund within 45 days after a return is filed, the agency has to pay interest. Many taxpayers are waiting as much as nine months to receive their refunds recently and the interest rate has ticked up to about 4%.
We have mentioned Series I savings bonds in previous iterations of this newsletter, but given how persistent inflation has continued to be, we thought it worth attaching an article from CNBC that went over the basics again, as this is still a great opportunity for many investors.
Given the volatility in financial markets thus far in 2022, and the associated stress that often comes along with it, it’s always tempting to try and time the markets. JPMorgan Asset Management charted S&P 500 returns against the backdrop of U.S. consumer sentiment index data going back fifty years to try and glean any insights into how successful, or not, that approach may have been and the results may surprise you.