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Hi, I'm Jim Wang and I share my strategies and tactics for managing your money and enjoying more out of life.

πŸ₯΅ sizzling hot stock market

Published about 10 hours agoΒ β€’Β 2 min read

Good morning Reader!

The CAPE Index is a number some investors look at to help understand if the S&P 500 is overvalued. With consumer spending down and the market at all time highs (thanks to AI!), you might be curious what the number is ... it's 40.64.

Is the market overvalued? Maybe.

Can it stay overvalued and get even more overvalued? Yes.

Don't try to time the market but stay informed. It may be a good time to do something responsible like rebalance your portfolio. If your allocations are out of alignment, adjust it accordingly.

But don't try to time it by selling stock and buying it back later.

😍 Quick ask: Could you click a few of the links in this email? Your email inbox uses it as a signal to keep these emails out of spam. If you click, it shows you still want it. Thanks!

πŸ’² Best Bank Rates (as of 7/21):

πŸ’° High Yield Savings - 3.80% APY + $50/$400 from SoFi​

πŸ›οΈ Short Term Treasury - VBIL 3.59%, SGOV 3.56%

πŸ“€ Certificates of Deposit (see all 40k+ rates)

πŸ” We list nationwide rates, CD Valet has local rates which can be higher so click through to double check for your state.

(if you click through links below, make sure to uncheck the "Only show Featured CDs" box above the table)

πŸ’΅ Bank Bonuses - $200 Barclays, $400 Sofi, $500 Bank of America, $400 BMO & more​

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If you get a package and can't figure out who sent it, you may be the victim of a brushing scam.

Here's what they are and what to do about it:

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πŸ’΅ Financial literacy test

MarketWatch says only 5% of U.S. adults can ace this 8-question financial-literacy test.​

The P-Fin 8 Index is 8 questions, developed by the TIAA Institute and the Global Financial Literacy Excellence Center in 2026.

Give it a try, there are no trick questions, and 15% correctly answered 7-8 questions (including yours truly!).

Can you?

​ πŸ‘‰ Take the P-Fin 8 Index test​

πŸ—žοΈ Money Stuff I Found Interesting

Here are some interesting articles you may have missed... don't miss the starred one! (it's a 2 minute video)

πŸ’΅ Good Deals If You Need Them

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Talk to you soon!

Jim

PS. If you aren't sure what your asset allocation should be, check out this post on the Magic of a Three Fund Portfolio. It discusses Taylor Larimore's simple system, how to determine your allocations, and why it works so well.

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Hi, I'm Jim Wang and I share my strategies and tactics for managing your money and enjoying more out of life.

πŸ’΅ Founder of WalletHacks.com

I have been writing about money for nearly 20 years and believe that personal finance is one of those subjects that is made complicated because it benefits a select few. Our aim is to help make it easier to understand so that regular folks can use what we teach to take control of their money and build wealth.

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