Good morning Reader!

The stock market has been on a tear recently, with the S&P 500 going up 8% in the month of May which puts it up close to 11% YTD.

And that's before SpaceX joins the party! (to which I have mixed feelings)

At the risk of sounding like a broken record - remember to stay invested.

In related news, I had a reader tell me that he's been aggressively going after bank bonus offers and investing the proceeds (after holding back a bit for taxes).

Many banks will give you cash to make a big deposit or move your direct deposits. Folks have been adding a few thousand a year and plunking it in the market has been a boon for him (and likely others).

If you're interested, be sure to read this beginner's guide to bank bonuses.

💲 Best Bank Rates (as of 6/2):

💰 High Yield Savings - 3.80% APY + $400 from SoFi​

🏛️ Short Term Treasury - VBIL 3.56%, SGOV 3.54%

📀 Certificates of Deposit (see all 40k+ rates)

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

• Best: 9% from American Airlines FCU (9mo Anniversary Special - click All CDs)
• 6 months: 4.15% from TPO Bank​
• 12 months: 4.15% from LendingClub Bank (11mo)
• 60 Months: 4.10% from Morgan Stanley Private Bank​

💵 Bank Bonuses - $450 US Bank, $400 Sofi, $500 Bank of America, $400 BMO, $1200 Raisin & more​

​(View this email as a webpage)​

🚨 Are Data Broker Removal Services Worth It?

Short answer is "Yes, because it saves you time and headache. Lots of both."

But you can do it all yourself if you have plenty of time and enjoy a rousing game of whack a mole. (in which case, read this)

​👉 Should I Pay a Data Broker Information Removal Service?​

⛽ Costco Gas and the Price Quality Cognitive Bias

Costco gas i usually cheaper but still high quality, carrying the Top Tier designation which means it meets a standard above the EPA standard.

I have seen the viral reel saying it has a lot of water. I'm waiting for a Costco respond to the random guy who "tested" the gas or for someone to send it to a reputable lab. You can't believe everything you see on the internet.

That said - why do people think cheaper is worse? It's because we use a price quality heuristic and it's a cognitive bias.

​👉 Watch: Is Cheap Costco Gas Bad For Your Car? (on Instagram)

🗞️ Money Stuff I Found Interesting

Here are some interesting articles you may have missed (a lot of Wall Street Journal this week!):

• ⭐ A Famous Math Problem Stumped Humans for 80 Years. AI Just Cracked It. [The Wall Street Journal]
• ​The Sleep Trick That Actually Quiets a Racing Mind [TIME]
• ​The Family Farmers Making More From Clicks Than Crops [The Wall Street Journal]
• ​Why the SEC Should Reject Prediction-Market ETFs [Morningstar]
• ​The Exclusive Retreat Where Wealthy Kids Learn How Not to Blow an Inheritance [The Wall Street Journal]

💵 Good Deals If You Need Them

• Amazon Prime Day is June 23-26
• ​Check if you're overpaying for car insurance (free tool)
• ​AARP is only $11/yr for two more days
• You can get Monarch Money for $50% off​
• Try Origin, a personal AI financial advisor, only $1​

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

Talk to you soon!

Jim

PS. Heads up! If you signed up for PFS Buyer's Club (what is that?) and opted into the Silver Proof Set Subscription and/or the Congratulations Set Subscription, they sent out a notice that you should pause both. The Mint increased how many they'll make so PFS Buyer's Club may not want them.

Check your email, I got one yesterday at around 2:30pm.

​(see archive of previous emails)​