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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.

🌮 The TACO trade explained

Published 2 months ago • 1 min read

Hello Reader,

Do you know about the TACO trade strategy? It stands for Trump Always Chickens Out and it was created by a Financial Times journalist. The name is a joke but the idea has seeds of truth to it.

Here's the strategy in a nutshell - ignore Trump on tariffs because he's going to back down.

It really only matters if you're an options trader, because options contracts can expire before the tariffs get reversed or reduced, but regular investors can just wait things out... which is good advice anyway.

​It's fun to talk about, which I suppose is its own reward, but I don't change anything I do on the investing front because of it.

What do you think?

​(View this email as a webpage)​

🏧 Please don't pay ATM fees

When I was in college, a friend of mine was oblivious to ATM fees. He'd just pay the $2-$3 each time and just take out what he needed (yes, like $20 each).

It was lunacy.

Nowadays, there's no excuse. So many banks offer ATM reimbursement that you should never be paying that fee.

If you've paid an ATM fee (and it wasn't in a casino!), please find a bank that won't gouge you:

​👉 Banks with ATM reimbursement​

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📖 Do you use MSN.com?

If so, did you know that we publish articles on MSN.com from time to time?

You should follow us!

​👉 Follow us on MSN.com​

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🛡️ Lessons about luxury from the Romans

"The things that you own end up owning you."

Something to ponder.

​👉 The hidden dangers of luxury​
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What did you think of today's email?​
✅ I Loved It! 🟨 It Was Okay ❌ Not My Favorite​

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Talk to you soon!

Jim

PS. OFFER: Buy a Costco membership at regular price and get a free $50 Costco gift card from Groupon. You rarely see these types of offers come around.

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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.

💵 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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