Stock Market Winners & Losers: Tech Leads Stocks Higher | Difficulty Getting Credit Card Travel Rewards | Disney’s Viewers are Now in Charge
Stocks experienced an upward trend as they aimed for a recovery from recent losses. The technology sector played a significant role in driving this increase, particularly influenced by a positive AI-fueled revenue forecast from TSMC, a crucial supplier for both Apple and Nvidia.
Accumulating miles on travel rewards credit cards can be challenging, often requiring a combination of miles flown and dollars spent on the card. Many individuals expend mental effort trying to optimize their miles and points, but a significant portion of these rewards go unused and eventually expire. The value of points is typically around $1–$2 per 100 points, and while spending $20,000 may yield 20,000 points worth $200, the interest on the balance (e.g., 20%) can outweigh the benefits. Carrying a balance for even one month can negate the advantages of accrued points. It's emphasized that travel reward credit cards require careful consideration, as advertised benefits may not translate to entirely "free" experiences, and financial discipline is crucial, including avoiding credit card balances and being mindful of additional expenses like transportation, hotels, and restaurants when redeeming rewards.
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