Trump buys chip manufacturer (computer chips, not salt and vinegar).

Interest rate cuts are on the way?

A very dumb world record (I hate these).

*Source: CoinGecko.com As of 4:14PM February 9, 2025

1) Trump buys chips: The U.S. government is investing $9 billion in Intel, buying a 10% stake in the computer chip manufacturer. Why? Because the U.S. wants to make these chips, critical to many other sectors, IN the U.S.. The investment supports Intel’s $100 billion U.S. expansion. Sheesh. Last time the U.S. invested in a company like that? When it supported the car manufacturers in 2009…

2) Interest rate cuts around the corner…maybe: The U.S. central bank has been teasing us with a “will they won’t they” rate cut for months, but it appears the teasing may be over soon. Jerome Powell, Chair of the U.S. Federal Reserve, said this past week that, that a September interest rate cut may be in the cards. Why? The job market in the U.S. is looking weak. The stock market shot up in reaction. Bad news for the economy is good news for the stock market again.

3) Canada easing off: The Canadian government said they’re going to drop most of the retaliatory tariffs against the U.S.. However, tariffs will remain on things like steel, aluminum, and cars. HOWEVER, it will reduce prices on things like peanut butter (thank GOD). Trade talks have apparently stalled, so this is likely a move to get the ball rolling once again.

1) Did your kids beg you to get a guinea pig and now they hate it? A Denmark zoo may have a solution for you. They’ve asked local residents to donate “surplus pets” for animal food. Who’s running this zoo? Cruella de Vil?

2) Scientists turned hair into toothpaste and I’ve never wanted to vomit more reading a headline.

3) A Canadian politician broke a Guinness World Record for wearing 330 neckties. Meanwhile, her constituents plan Bastille Day 2025. PS - this is truly one of the dumbest records I’ve seen not only because of the record itself is easy and stupid, but also because I would HOPE this politician has better things to do. Retweet if you agree. Upvote if you disagree. Swipe right if you’ve ever worn 331 ties (I’ll inform Guinness).

Do you want to pay less tax? Yeaaaaaa you do. Here’s one way you can: tax loss harvesting.

Tax loss harvesting is when you sell investments that have dropped in value so you can use the loss to lower your taxes. Those losses can cancel out gains from other investments, which reduces the amount of income the government taxes you on.

If your losses are bigger than your gains, you can even use up to $3,000 of the extra to lower your regular income taxes, and anything left over can roll into future years.

Here’s a simple example. Imagine you sold a stock for a $10,000 gain. Normally, you’d owe capital gains tax on that full $10,000. But if you also sell another stock at a $7,000 loss, the two offset each other.

Now you only pay tax on the $3,000 net gain. At a 25 percent tax rate, that saves you about $1,750. You can then reinvest in a similar (but not identical) investment to keep your portfolio on track, while legally lowering your tax bill under US rules.

Is this blasphemy? Is this madness?

No…

THIS

IS

a very savvy way to manage your investments!