New Amex Offer dropped today for Delta Gift Cards, giving cardholders an easy way to earn extra SkyMiles on their next purchase. As with most Amex Offers, this is targeted, so you’ll want to check all of your cards to see where the deal landed. The offer is popping up on Delta credit cards, but it may be on other cards as well. Here are the specifics and how to maximize the savings by stacking deals.
Offer Details
There are at least four different Amex Offers available for purchasing Delta Gift Cards:
5x extra miles, up to a maximum of 10,000 bonus miles.
3x extra miles, up to a maximum of 10,000 bonus miles.
Spend $750 or more to earn 3,000 bonus miles.
Spend $500 or more to earn 2,500 bonus miles.
Offer details and availability may vary by cardholder. Just login to your American Express account(s) to see if you are eligible to add this offer to your card(s).
Important Terms
Offer expires July 14, 2026.
Offer valid online only at US website delta.com/giftcards/amex for e-gift and physical gift card purchases.
Not valid on purchases shipped outside of the US.
Offer valid only on purchases made in US dollars.
About Amex Offers
Amex Offers are an extra perk on all American Express credit cards, charge cards, and even prepaid cards. You can see these offers in your accounts either as a statement credit or extra Membership Rewards points for spending a certain amount at eligible merchants. You will need to add the offer to a specific card first, and then use that card to get the credit. Here are a few things you should know:
Guru’s Wrap-up
This is a good offer that seems to be widely available for most cardholders. Check your accounts and add it now if you think you might use it. Check your accounts and add these offers now if you think you might use them. Remember that you can use the search bar within the “Amex Offers” section in the app to find this offer quickly, instead of scrolling through 100+ deals.
With these Amex Offers for Delta Gift Cards you can lock in savings for future flights. The offers are showing up on Delta credit cards only I believe, so I would check those first.
Most likely you will have only one of these offers on a specific card so you will not be able to stack them. The bonus miles are in addition to any miles that you regularly earn with your card.
Currently there is also a promotion running on the Delta Gift Cards website. You will receive a bonus $20 Starbucks gift card when you purchase at least $300 in Delta Gift Cards. That promotion runs until supplies last or until 5/11/26.
The other day I saw a thread on Reddit about frugal swaps, and it got me curious.
I clicked in to see how much people were actually saving with these little changes. Some of the ideas were pretty niche like doing all your errands on the drive home instead of going out later.
Others were the obvious ones, like thrifting or picking up free furniture.
The more I read, the more I realized most of those tips sound good in theory, but they don’t really fit real life for a lot of us. If you’re juggling work, kids, and everything else, you’re not going to drive across town to save a few dollars or spend hours hunting for free stuff online.
So I decided to put together a list of frugal swaps that actually make sense. Simple changes you can fit into your routine that save money without making your life harder.
Grocery Swaps That Add Up Fast
Food is one of the easiest places to cut costs. Small changes here can save more than you’d expect.
Switching from brand-name products to store brands can shave off $30–$80 per month, especially if you shop regularly for a family. Swapping fresh produce for frozen (for things like veggies and fruit used in cooking) can save another $20–$50, mainly by reducing waste.
One of the biggest wins is cutting back on convenience. Pre-cut fruits, packaged meals, and takeout cost a premium. Cooking simple meals at home instead of ordering out even a few times per week can easily save $100–$300 per month.
Potential monthly savings: $150–$400
Household Swaps That Reduce Waste
A lot of everyday household spending comes from habits rather than necessity.
Replacing paper towels with reusable cloths can save around $10–$25 per month. Making your own cleaning products using basic ingredients like vinegar and baking soda cuts costs by another $10–$20.
If you use a dryer often, switching to air drying even part of your laundry can lower electricity costs by $15–$40 monthly, depending on usage. Even small swaps like using bar soap instead of liquid versions can add another $5–$10 in savings.
Potential monthly savings: $40–$90
Subscription and Lifestyle Swaps
Subscriptions quietly drain money because they feel small individually but stack up quickly.
If you’re paying for multiple streaming services, rotating just one at a time can save $20–$60 per month. Swapping book purchases for library use or free digital options can save another $10–$30.
Gym memberships are another big one. If you’re not using it consistently, switching to home workouts or walking can save $20–$80 monthly. Adding a simple rule like waiting 24 hours before buying non-essential items can realistically prevent $50–$150 in impulse spending.
Potential monthly savings: $100–$300
Clothing and Shopping Habits
Clothing is often an underestimated expense because purchases feel occasional—but they add up over time.
Shopping secondhand instead of buying new can cut clothing costs by $30–$100 per month (averaged out over the year). Focusing on a simple wardrobe instead of chasing trends reduces unnecessary purchases even more.
Repairing clothes instead of replacing them, and shopping clearance or off-season, can realistically save another $20–$60 monthly.
Potential monthly savings: $50–$160
Everyday Money Leaks You Can Fix
Some of the biggest savings come from fixing small, repeated habits.
Walking instead of driving short distances can save $20–$60 per month on fuel. Driving more smoothly (less aggressive acceleration and braking) can reduce fuel costs by another $10–$30.
Planning meals ahead and packing lunch instead of buying it can easily save $100–$250 per month, depending on how often you eat out.
Potential monthly savings: $130–$300
Lower Energy Use Without Changing Your Lifestyle
Energy bills are one of those expenses that creep up without you noticing. The good news is you don’t need to sit in the dark to save money.
Lowering your thermostat slightly in winter (even by 1–2°F) or using fans instead of blasting AC in warmer months can cut your bill right away. Another easy win is unplugging devices you’re not using TVs, chargers, and kitchen appliances still draw power even when turned off.
Switching to LED bulbs and being mindful about turning off lights when leaving a room also adds up over time.
Potential monthly savings: $20–$80
Bottled Drinks
Grabbing drinks on the go feels cheap in the moment, but it builds into a serious monthly expense.
If you’re buying bottled water, soda, or juices regularly, switching to tap water (or using a simple filter) can save a surprising amount. Making your own iced tea, coffee, or flavored water at home costs just a fraction of store-bought options.
Even replacing one or two daily purchases can make a difference by the end of the month.
Potential monthly savings: $30–$100
Brand-Name Medications
This is one of the easiest swaps because it doesn’t require changing your habits at all.
Most over-the-counter medications like pain relievers, allergy tablets, or cold medicine have generic versions with the same active ingredients. The packaging is different, but what’s inside is often identical.
If you regularly buy these, switching to generics can cut your cost significantly without sacrificing quality.
Potential monthly savings: $10–$40
Paid Apps and Tools
Subscriptions aren’t just streaming services. Many people pay for apps they barely use.
Budgeting tools, photo editors, cloud storage, and productivity apps often have free versions that work just fine. In many cases, you’re paying for features you don’t even need.
Going through your subscriptions and canceling or downgrading even a couple of them can instantly lower your monthly expenses.
Potential monthly savings: $10–$50
Rethink Gift Spending (Without Looking Cheap)
Gifts can quietly blow up your budget, especially if you’re buying for multiple people throughout the year.
Instead of last-minute, full-price gifts, planning ahead makes a big difference. Buying during sales, setting a fixed budget per person, or giving something simple but thoughtful (like homemade treats or a small experience) keeps costs under control.
When you spread those savings across the year, the impact is bigger than it seems.
Potential monthly savings (averaged): $20–$100
How Much Can You Save in Total?
When you put all these swaps together, the numbers start to look pretty decent. The key is that you’re not relying on one big change you’re stacking small savings across different areas of your life.
If You Only Do the Basics
If you stick to the easiest changes like cooking at home a few more times a week, switching to store brands, cutting one or two subscriptions, and packing lunch occasionally you’ll already notice a difference. These are low-effort swaps that don’t really change your lifestyle, but they quietly reduce everyday spending.
With just these basics, you’re realistically looking at saving around $250–$500 per month, which adds up to $3,000–$6,000 per year. That’s a decent cushion without feeling like you’re sacrificing much.
If You’re Somewhat Consistent
Once you start layering in a few more habits like meal planning, cutting impulse purchases, being more mindful with energy use, and shopping smarter you move into a more intentional way of spending. You’re not restricting yourself, just being more aware of where your money goes.
At this level, monthly savings can reach $500–$900, or about $6,000–$10,800 per year. This is where most people land when they start taking saving seriously but still want flexibility in their lifestyle.
If You Go All-In
If you apply most of the swaps consistently rarely eating out, keeping subscriptions minimal, avoiding waste, and thinking through purchases you eliminate most of the common money leaks. You’re still living comfortably, just without unnecessary spending.
In this case, savings can climb to around $900–$1,500 per month, which is $10,800–$18,000 per year. That’s a significant shift, and it can completely change how your finances feel month to month.
What This Looks Like in Real Life
For most people, the sweet spot sits somewhere in the middle. You don’t need to do everything to see results. Even a mix of simple and moderate changes can realistically save $400–$800 per month without making life feel restrictive.
That kind of money can cover a vacation, build an emergency fund quickly, or just take pressure off your budget. The biggest difference comes from consistency, not perfection – once you plug the small leaks, the savings start to build on their own.
Ascentium, an Asia-based business services platform backed by Hillhouse Investment, is acquiring Dezan Shira & Associates, a 33-year-old advisory firm best known for its Asia Briefing intelligence platform. The deal is Ascentium’s most recent in more than a dozen acquisitions, plugging a gap in the company’s mainland China coverage while deepening its footprint in hot Southeast Asian growth markets.
“We did not have a meaningful capability to service multinational corporations that wanted to go into mainland China,” Lennard Yong, Ascentium’s co-founder and CEO, tells Fortune. The acquisition adds new offices in mainland Chinese cities like Guangzhou and Tianjin, and pairs Ascentium’s outbound expertise with Dezan Shira’s inbound knowledge.
Chinese outward investment reached $174 billion last year, a 7% increase. A 2025 report from McKinsey notes that China is now a net investor overseas, partly due to decreased inward flows from the U.S. and Europe, but also because Chinese firms are racing to diversify supply chains and chase consumers in emerging markets. “Ascentium has the capability to bring Chinese companies out globally,” Yong explains.
China’s exports to ASEAN jumped 13.4% last year; exports to Vietnam alone surged more than 22%. Exports to the U.S., by contrast, plunged 20%, due to U.S. President Donald Trump’s tariff regime.
Alberto Vettoretti, a managing partner at Dezan Shira who joined the firm in the late 1990s, has noticed the shift in where his customers are coming from. Five years ago, most of his customers were American or European. “Now, one-third of our customers in Vietnam are Chinese,” he says. “The switch in nationalities has been quite large.”
Vietnam in particular is benefiting from greater inward investment from China and other economies. The Southeast Asian country grew by 8.0% last year, with manufacturing expanding by almost 10%; the country’s stock market is set for a FTSE upgrade to emerging market status later this year. The Dezan Shira deal will double Ascentium’s capacity in the country.
“When you talk to people in Vietnam, they’re all very hungry,” Vettoretti says. “You see a lot of young entrepreneurs coming up through the ranks.”
The roll-up logic
Yong, a chartered accountant who previously spent five years as group CEO of Tricor, founded Ascentium in 2024 with his cofounder Wendy Wang. The platform now provides finance and accounting, payroll, HR, and cross-border services (among others) across 46 cities in 27 markets, in a footprint stitched together from several acquisitions across the region, including InCorp Global and Links International. (Ascentium is a clear example of a roll-up strategy, popular among private equity, where a company will acquire other firms to rapidly build capability and scale.)
Dezan Shira & Associates, founded in Hong Kong in 1992, spans 27 offices across the region. “We coveted the business they built with sweat and tears over three decades, and they’ve mastered the art of knowing how to set up businesses onshore in China.”
Yong notes that, eventually, the Dezan Shira brand will be folded into Ascentium, though he says the migration will be “controlled.”
“We are not in the fast-moving consumer goods space,” Yong says. “It makes more sense for our clients to have a singular brand.”
Broadly, Yong hopes that Ascentium, as an Asia-focused company, will be well placed to capture Asian growth. “The world has evolved from a unipolar world to a multipolar world,” he says. “There are companies in Saudi Arabia, in the UAE, in Singapore, in Hong Kong, in Shanghai that are no longer reliant on North American and European trade flows.”
“We choose to be anchored in Asia because we want our CEOs to be very close to the Fortune 500 firms of tomorrow,” Yong adds.
A new issuing vehicle linked to Universal Music Group-backed investment platform Chord Music Partners is set to raise $500 million in debt through an Asset-Backed Securitization (ABS) transaction.
That’s according to a pre-sale report published by Kroll Bond Rating Agency (KBRA) on April 16, which assigns a preliminary A (sf) rating to the $500 million Series 2026-1 Notes to be issued by Canon Music Issuer Trust.
Canon is a newly established vehicle that sits beneath the broader Chord platform, with its collateral pool representing a specific portion of Chord’s assets.
The notes are collateralized by royalties from a catalog of more than 3,750 works from artists and songwriters, including Suicideboys, Morgan Wallen, Ryan Tedder, Diplo, and Twenty One Pilots.
As of February 2024, Chord’s overall portfolio spanned more than 60,000 copyrights. That figure will have grown since, with MBW revealing in August 2025 that Chord was raising more than $2 billion in additional capital for further catalog acquisitions.
Chord is controlled by Dundee Partners, the investment office of the Hendel family, with UMG holding a minority stake.
An independent valuation prepared by Virtu Global Advisors has valued the Canon Music collateral pool at $830 million as of September 30, 2025, using a discounted cash flow method with an 8.00% discount rate. KBRA notes that the valuation “developed long-term projections for the Catalog over a projection period of approximately 40 years.”
According to KBRA’s report, the single largest sub-catalog within the Canon Music Issuer Trust collateral pool is G59 Records – the independent label co-founded by the New Orleans rap duo Suicideboys – which contributed 23.3% of the catalog’s net royalty income in the twelve months to June 2025.
The KBRA report does not specify when or how Chord acquired an interest in the G59 catalog, nor the scope of that interest – whether it covers master recordings, publishing rights, or both; whether the interest is a full acquisition or a stake; or whether the arrangement is structured as a direct buyout or a joint venture.
In March 2025, Billboard first reported that Suicideboys (aka cousins Scrim and Ruby da Cherry) were shopping both their master recordings and publishing rights via Tim Mandelbaum of law firm Fox Rothschild, with the masters alone touted at over USD $300 million.
At the time, MBW reported that Sherrese Clarke Soares’s HarbourView was the rumored frontrunner for the publishing rights. No buyer has been publicly announced since.
Chord Music Partners declined to comment.
Publishing rights account for approximately 34% of the Canon Music catalog’s net royalty income in the twelve months to June 2025, with sound recording rights making up the remaining 66%.
After G59, Morgan Wallen follows at 15.8% of Canon catalog’s trailing-twelve-month net royalties, with Ryan Tedder at 15.3%, Diplo at 9.6%, and Twenty One Pilots at 3.8%.
Taken together, G59 Records, Morgan Wallen and Ryan Tedder account for 54.4% of the catalog’s net royalty income over that period. Based on the Valuation Agent’s sub-catalog valuations, the top three sub-catalogs (Ryan Tedder, G59 and Morgan Wallen) account for 51.7% of the overall catalog value before uplifts, recaptures and third-party royalty reductions.
The weighted average age of the Canon catalog is approximately 10 years, with 46% of content released more than 10 years ago and 74% released more than five years ago.
The Series 2026-1 Notes represent the first issuance from Canon Music Issuer Trust, and the second ABS deal linked to Chord’s broader catalog.
Chord’s first securitization was issued in February 2022 through a separate vehicle, Hi-Fi Music IP Issuer, while Chord was majority-owned by KKR.
The new issuance comes two years after UMG’s $240 million acquisition of a 25.8% stake in the platform from KKR, which valued Chord at $1.85 billion.
Chord was originally established in 2021 by KKR and Dundee Partners to acquire a $1.1 billion portfolio of copyrights from a Kobalt fund. KKR exited the business in March 2024 via the UMG/Dundee buyout.
In August 2025, MBW exclusively reported that Chord was raising more than $2 billion in investable capital, with another $1 billion-plus on the way. New investors confirmed at the time included Searchlight Capital Partners, which contributed $400 million in equity.
As reported by MBW at the time, Chord had been ‘deliberately quiet’ in terms of announcing deals over the past year, sources told MBW, but some nine-figure agreements leaked in the meantime, including a Morgan Wallen acquisition reported in May 2025.
That deal saw Big Loud, the Nashville-based record label home to the country superstar, sell a minority stake in Wallen’s master recording catalog to Chord for north of USD $200 million, according to MBW’s sources, although financial details were not officially disclosed.
According to the pre-sale report, the Morgan Wallen sub-catalog – the second-largest in the Canon Music Issuer Trust collateral pool at 15.8% of the catalog’s trailing-twelve-month net royalties – sits within a notable structural carve-out.
Rather than owning the Wallen rights directly, the Issuer will hold a 24.5% limited partner interest in a partnership that owns the Wallen sub-catalog through a subsidiary. That partnership is a joint venture between Chord and Wallen’s record label, Big Loud – a structure that reflects Chord’s acquisition of a minority stake in Wallen’s masters from Big Loud in May 2025.
The Canon Music deal arrives in the middle of a busy cycle for music-rights ABS.
In July 2025, Concord closed a $1.765 billion ABS that it billed as “the largest and longest tenured asset-backed term securitization of music rights to date.”
Other recent issuers include Blackstone-owned Recognition Music Group (formerly Hipgnosis), Kobalt, HarbourView, Influence Media Partners, and Seeker Music Group.
The manager of the Canon Music transaction will be Universal Music Investments Inc., a wholly owned subsidiary of UMG. Redding Ridge Asset Management LLC – an Apollo affiliate that has structured multiple music ABS deals, including Concord’s – will serve as backup manager, with The Bank of New York Mellon acting as trustee and calculation agent.
The notes carry an advance rate of 60.2% against the catalog value, providing 39.8% overcollateralization, with an Anticipated Repayment Date of May 2031 and a final maturity date of May 2076.
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HOW I TRADE CRYPTO PROFITABLY IN 15Min. (BEGINNER’S GUIDE)
Introduction: 00:00 – 0:54
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High-yield savings account rates finally saw their first major dips of 2026 – with about a half-dozen banks reducing their savings rates.
As of April 20, 2026, some online banks are still offering interest rates up to 5.00% APY, but these top APYs are usually limited. This is still much better than the average of 0.39% APY, according to the FDIC.
Banks and credit unions are constantly adjusting their annual percentage yields (APYs) as markets react to Federal Reserve policy and inflation data, so staying up to date can make a real difference. Here’s where the best savings rates stand today — and what you should know before moving your money.
💰 Today’s Best Savings Rates At a Glance
Here are the best bank and credit union savings accounts rates today:
Bank or Credit Union
Top APY
Balance Requirement
Varo
5.00%
On the first $5,000
Consumers Credit Union
5.00%
On the first $10,000
Pibank
4.40%
$0
Axos Bank
4.21%
$0
CIT Bank
4.10%
$2,500
1. Varo – Varo is a bank that offers up to 5.00% APY on the first $5,000 with qualifying direct deposits. Read our full Varo review.
2. Consumers Credit Union – CCU offers up to 5.00% APY on your checking account for the first $10,000. The requirements to earn are tiered. Read our full Consumers Credit Union Review.
3. PiBank – PiBank is the online brand of Intercredit Bank, N.A and offers 4.40% APY with no monthly maintenance fees and no minimum balance requirements. However, lots of consumers complain about only being allow to withdraw via wire transfer. Read our full Pibank review.
4. Axos Bank – Axos ONE Savings offers a boosted rate of 4.21% when you receive qualifying monthly direct deposits totaling at least $1,500 and maintain an average daily balance of $1,500 in your Axos ONE® Checking account. Read our full Axos Bank review.
5. CIT Bank – CIT Platinum Savings a two-tiered savings account.
Open an account with promo code CITBoost and you’ll earn 4.10% APY* on balances of $5,000 or more for the first six months* — that’s 10x the national average savings rate.
After 6 months, you’ll return to the regular rate of 3.75% APY* with a $5,000 minimum balance. Otherwise you’ll earn 0.25% APY. See website for full details. Read our full CIT Bank review.
You can find a full list of the best high yield savings accounts here >>
How High Yield Savings Accounts Work And Why Rates Matter?
High-yield savings accounts function just like traditional savings accounts, but they pay a much higher annual percentage yield (APY) — often 10 to 15 times more. You can see how these rates compare to the savings rates at the 10 largest banks in America – and these rates put them to shame.
“Last week saw the first major wave of bank savings account interest rate decreases, impacting nearly every tier of account. However, many banks are still offering enticing promotional offers for new deposits.” – Robert Farrington
The banks and credit unions on this list typically always have above-average rates, so even if the Federal Reserve lowers rates and these accounts lower their rates, you’ll still be head.
For example, a $10,000 balance earning 4.00% APY will generate about $400 in interest per year, compared with less than $20 at a big-bank rate of 0.20%. That gap makes it worth tracking rate changes regularly and switching institutions if your current bank stops staying competitive.
However, we expect more rates to dip below that 4.00% level in the coming weeks.
What To Know Before Opening An Account
Before opening a new account, review the key details that determine how much you’ll earn — and how easily you can access your funds.
Watch For Intro Or Promo Rates: APYs can rise or fall at any time. But a strong introductory rate doesn’t guarantee long-term performance. None of the rates listed here are introductory, but some referral codes may only be temporary rates.
Transfer Limits: Federal rules no longer cap savings withdrawals at six per month, but many banks still impose limits.
Safety: Confirm that the institution is FDIC- or NCUA-insured, which protects up to $250,000 per depositor, per bank or credit union.
Access: Many top-yield accounts are online-only. Make sure you can deposit via mobile app and link external accounts for easy transfers.
These details help you separate truly high-performing savings options from accounts that look appealing but may include hidden limitations or slower rate adjustments.
How We Track And Verify Rates
At The College Investor, our goal is to help you make smart, confident decisions about your money. To create this list, our editorial team reviews savings account rates daily across more than 50 banks, credit unions, and fintechs. We verify data using each institution’s official website, rate disclosures, and regulatory filings.
Only accounts available to U.S. consumers and insured by the FDIC or NCUA are included.
Our coverage is independent and editorially driven – we never rank accounts based on compensation. While we may earn a referral fee when you open an account through certain links, this does not influence our recommendations or reviews. Our opinions are our own, based on a consistent evaluation of usability, fees, yields, and customer experience.
FAQs
How often do savings account rates change?
Banks can adjust rates daily or weekly based on market conditions.
Are online banks safe?
Yes — as long as they’re FDIC-insured. Verify coverage on the FDIC’s BankFind site.
Is interest on savings accounts taxable?
Yes. You’ll receive a 1099-INT if you earn $10 or more in interest.
Should I move my money if rates drop?
It depends on the difference in APY and your transfer limits, and frequent rate chasing can reduce returns if transfers take time.
Disclosures
CIT Bank For complete list of account details and fees, see our Personal Account disclosures.
* Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-of-day account balance. APYs — Annual Percentage Yields are accurate as of January 9, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.
* Platinum Savings APY Boost Promotion Terms and Conditions
This is a limited time offer available to New and Existing customers who meet the Platinum Savings APY Boost promotion criteria.
Accounts enrolled in the Platinum Savings Annual Percentage Yield (APY) Boost promotion will receive a 0.35% APY boost on the Platinum Savings current standard APY tiers for 6 months following the opening of a new account or when an existing Platinum Savings account is enrolled in the promotion. The Platinum Savings APY boost will be applied on account balances up to $9,999,999.00. Account balances above $9,999,999.00 will earn the standard APY. If the standard-published APY should change during the promotion period, the APY boost will move with it, offering an account APY above the standard rate.
The Promotion begins on February 13, 2026, and ends April 13, 2026. Customers enrolled in the promotion prior to the end date will receive the APY boost for the 6-month period outlined in the terms and conditions.
The promotion can end at any time without notice.
Editor: Colin Graves
Reviewed by: Richelle Hawley
The post Best High-Yield Savings Rates for April 20, 2026: Up to 5% appeared first on The College Investor.
Update 4/20/26: The UPS offers are back. This time the highest is 45% back and most people who have the offer are seeing the 10% or 15% version. There are also a couple of other versions like $15 off $60.
The Offer
Check your American Express business cards Offers for the following deal:
Earn 60% back as a statement credit after using your enrolled eligible Business Card to purchase UPS small parcel shipments online at ups.com/ship. Shipments must be completed by 10/9/2025. Limit of $1,500 back in total statement credits.
There are many other versions of this offer which give a lower total statement credit or a lower % cashback.
The Fine Print
Offer valid only on qualifying UPS small parcel shipments paid for online only at US website ups.com/ship or billed to a US UPS account that is paid using your enrolled Business Card, and which are physically tendered to UPS (including, but not limited to, a pickup, dropped off at a drop box or a UPS location) and subject to the UPS Tariff/Terms and Conditions of Service for the United States.
Shipments must be completed by 10/9/2025.
Offer excludes shipments made from or purchased through The UPS Store® locations, UPS Access Point® locations, UPS My Choice® services, Parcel Pro® service, UPS Air Cargo and retail chains. Offer not valid on UPS Supply Chain Solutions® services, including, without limitation, webinars, logistics, freight forwarding, UPS Mail Innovations® and UPS customs brokerage services. Offer excludes MNX Global Logistics, American Express® Corporate Purchasing Cards and UPS Capital® services. Offer valid only on purchases made in US dollars.Offer only valid on purchases made directly with the merchant. Offer not valid on purchases made using third parties, such as resellers, delivery services, or other intermediaries.Statement CreditPlease allow 90-days after 10/9/2025 for the statement credit(s) to be posted to the Account, provided that American Express receives information from the merchant about your qualifying purchase.Participation in Amex Offers is subject to Amex Offers Program Terms.POID: KA9D:0002
Our Verdict
This is a nice big discount. Note again that store purchases are excluded.
Hat tip to reader YP
View more Amex offers here & if you have any questions about American Express offers then read this post.
AmEx Offers: An Introduction & Profitable Examples
How To Sign Up For Multiple American Express Sync Offers
Amex Offer Credit Not Posting, What to Do?
How Does American Express Decide Who Receives What AmEx Sync Offer?
Do I Need To Make A Single Purchase For AmEx Offers, Or Is It Cumulative?
What Happens When You Have Two Active AmEx Offers For The Same Store?
Amex Offers: Do Electronic Wallets Trigger the Offer Credit?
Do Amex Offer Deals Work on the Purchase of Gift Cards?
Meta Platforms (META 2.61%) stock hasn’t been doing well this year. It’s up around 2% and has been underperforming the S&P 500, which has risen approximately 4% thus far. It’s been an underwhelming stock to own for several months now.
It trades at a price-to-earnings (P/E) multiple of 29, which is a bit modest compared to other stocks in the “Magnificent Seven.” Given the wealth of assets it possesses and the opportunities it’s tapping into with respect to artificial intelligence (AI), could the stock be a potential bargain buy right now?
Image source: Getty Images.
Just how cheap is Meta Platforms’ stock?
Meta’s stock may not be doing all that well this year, but don’t forget, this is a stock that has been on an absolute tear in recent years. Since 2023, it has risen by more than 450%. Focusing on just how it’s been doing over the past several months wouldn’t do justice to a stock that’s been one of the S&P 500’s best performers in the past few years.
Its P/E multiple is nearly 29, and while that’s come down a bit from where it’s been over the past couple of years, it’s still technically higher than its five-year average.
META PE Ratio data by YCharts
The sell-off in 2022 is skewing its average down, but the chart above provides important context for Meta’s valuation. While it has come down a bit, it’s nowhere near the bargain it was four years ago.
Does Meta’s stock warrant more of a premium?
I think it’s clear that Meta’s stock isn’t a bargain, which is what you would have gotten if you’d bought in 2022. But whether it’s still a good buy today depends on whether you think the social media stock deserves more of a premium than its current earnings multiple.
If you’re bullish on its AI prospects and opportunities in that realm, then arguably it may be worth paying more for the stock. However, I believe it may be due for a more substantial correction, given the company’s historically heavy tech spending. It has spent billions on a metaverse initiative that hasn’t come close to paying off, and as an investor, I’d be concerned that its AI investments might not be any more fruitful for the business. It seems as though Meta is once again chasing the latest trend.
Today’s Change
(-2.61%) $-18.00
Current Price
$670.55
Key Data Points
Market Cap
$1.7T
Day’s Range
$668.00 – $683.25
52wk Range
$479.80 – $796.25
Volume
841K
Avg Vol
16M
Gross Margin
82.00%
Dividend Yield
0.30%
In addition, the mounting concern around child safety protocols on its apps adds yet another uncertainty to the mix. Given all the context around its value, plus the risks and uncertainties ahead for Meta, this is a stock I’d pass on for the time being, at least until there’s evidence that its latest tech strategy will deliver meaningful profit growth.
If you’re reading this, there’s a good chance you’re not here theoretically.
You invested in a passive real estate deal. It didn’t work out. Maybe distributions stopped. Maybe you got a letter from the operator that didn’t have good news. Maybe you’ve done the math and you know the equity is gone.
That’s a specific kind of hurt. It’s not just the money. It’s the confidence hit, the second-guessing, the conversation you had to have with your spouse. The feeling that you should have known better.
I’ve been there. As an investor and as someone who has run deals. I’m not writing this from the outside.
So let’s talk about what to actually do next.
Disclaimer: This article is for informational and educational purposes only and does not constitute financial, legal, or investment advice. Any investment involves risk, and you should consult your financial advisor, attorney, or CPA before making any investment decisions. Past performance is not indicative of future results. The author and associated entities disclaim any liability for loss incurred as a result of the use of this material or its content.
Most doctors don’t lose money in real estate because they lack motivation.
They lose it by trusting the wrong sponsor or skipping the details that matter.
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Sit With It for a Minute
Before the practical steps, I want to spend a moment here.
When a deal doesn’t work out, there’s a specific kind of hurt that comes with it. It’s not just the money. It’s the confidence hit. The second-guessing. The replaying of the moment you decided to invest. Maybe the conversation you had to have with your spouse. The feeling that you should have known better. Or that someone else should have done better by you.
All of that is real. And I don’t want to rush past it.
I’ve felt it myself. As an investor who has put money into deals that didn’t perform. And as someone who has run deals that didn’t perform the way I projected they would. Both experiences carry weight. There’s a version of this hurt on both sides of the table. And I’ve sat on both sides.
I’m not going to tell you the loss doesn’t matter, or that it happened for a reason, or that it’ll all work out in the end. What I can tell you is that if you’ve had a deal go sideways in the last few years, you are not an outlier. And you’re not alone in trying to figure out what to do next.
That’s what this is for.
First: Understand What You’re Dealing With
Before anything else, it helps to get honest about what category you’re in.
Is the deal struggling but still alive? Are distributions paused but the asset is still operating? Or is this a complete loss, meaning the equity is gone and there’s no realistic path to recovery?
The answer matters because it changes the tax picture significantly, and it changes the timeline for the decisions you need to make.
If you’re not sure which category you’re in, that’s the first conversation to have with the operator. Get a straight answer on the current status of the asset, the debt situation, and what the realistic outcomes are from here. You deserve clarity, even if the news isn’t good.
Get Your Documentation in Order
This is the step most people put off when they’re frustrated or disappointed. Don’t.
Pull together everything related to the investment: your original subscription agreement, your K-1s for every year you’ve been in the deal, and any investor updates or correspondence you’ve received.
Your CPA is going to need all of it. The tax treatment of a loss depends on how the deal was structured and what the final outcome looks like. The cleaner your records, the easier that conversation is going to be.
Don’t assume this gets organized for you after the fact. Start now.
Talk to Your CPA Now, Not at Tax Time
This is probably the most important step in the entire process. And it’s the one most people delay until April, when it’s already too late to plan.
Quick note before we go further: I’m not a CPA or tax professional. What follows is a framework for the conversation you should be having with your own advisor, not advice for your specific situation. Please consult a qualified tax professional before making any decisions.
How Passive Losses Work in a Real Estate Deal
When you invest passively in a real estate syndication or fund, you receive a K-1 each year showing your share of the partnership’s income or loss. Real estate almost always generates paper losses annually, mostly from depreciation. If you’ve been in a deal for several years, those losses have been accumulating on your K-1s each year.
Here’s what most investors don’t fully understand: if you don’t have passive income to offset those losses against, they don’t disappear. They become what are called suspended passive losses. They’re attached to that specific investment, sitting on the books, carrying forward year after year.
What Happens at Complete Disposition
When a passive investment is completely disposed of, meaning the investment is fully and finally over with no remaining interest or possibility of recovery, all of those suspended passive losses are released at once. Every year of accumulated paper losses that you couldn’t use before becomes available in that single tax year.
And here’s the important distinction: in the year of complete disposition, those released losses can offset not just passive income but ordinary income as well. W-2 income. Business income. Self-employment income. Essentially any income.
For a physician who has been in a deal for three, four, or five years, that number can be significant. And it can create a meaningful tax offset in what is otherwise a very difficult financial year.
That’s not a silver lining in the cheerful sense. The money is still gone. But it’s a real financial consequence worth understanding and planning around before the tax year closes.
What Your CPA Needs to Figure Out
A few specific things your CPA will need to work through with you.
What is your adjusted basis in the investment? Every year of paper losses you’ve already taken has likely reduced your basis, which affects how the final loss is calculated.
Does this qualify as a complete disposition in the year you’re claiming it? The IRS requires the loss to be truly final. If the deal is still technically alive, even in a distressed state, the timing of the disposition matters.
Were there any distributions or returns of capital along the way? These affect the basis calculation and need to be accounted for accurately.
If you qualify as a Real Estate Professional for tax purposes, the picture changes further still. Some physicians who have reduced their clinical hours do qualify. That’s a separate but important conversation to have with your CPA, because the implications are significant. Understanding real estate depreciation and how it affects your basis is part of that picture.
None of this is simple. Which is exactly why the conversation needs to happen now, while there’s still time to make decisions, not during filing season when options are limited.
Keep Tracking Your K-1s, Even on Deals That Aren’t Performing
This one surprises people.
Even in a deal that has stopped distributing cash, your K-1 may still be showing paper losses from depreciation each year. Those losses are real. They’re accumulating. And depending on your overall passive income picture, they may be available to offset gains from other investments that are performing.
A lot of investors stop paying attention to K-1s on a deal that’s underwater because they don’t want to look at it. Understandable. But your CPA needs those numbers to give you an accurate picture of what’s available to you now and in future years.
Stay on top of them.
Do a Post-Mortem
This is the step most people skip. It’s also the most valuable one for everything that comes after.
And I want to be clear about what I mean by this. Not a blame exercise. Not a way to punish yourself for a decision you made with the information you had at the time. A post-mortem is just an honest look at what happened, specific enough that it actually changes how you invest going forward.
I do this myself after every deal that doesn’t go the way I planned. And the answers aren’t always comfortable. I’ve looked back at deals and realized I was too optimistic about projections, too optimistic about timelines, too willing to assume there was enough cushion if conditions changed. Those are my lessons to own.
You’ll have your own version of that exercise. And the answers will be specific to your situation.
A few questions worth sitting with and writing down.
What was the original thesis for this investment, and what had to be true for it to work? Where did reality diverge from those assumptions?
Was this primarily driven by market conditions, deal structure, or something specific to how this particular investment was set up? Understanding which category you’re in changes what you look for the next time you’re evaluating a deal.
What would you look at differently next time? Not in a general sense. Specifically. What question would you ask that you didn’t ask before?
There are no perfect answers here. Some of what happened was outside anyone’s control. Some of it wasn’t. The point isn’t to arrive at a verdict. It’s to leave this experience with something you can actually use.
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A Note on Market Cycles
Markets go through cycles. They always have. The questions you know to ask now, about debt structure, about what happens if the exit takes longer than projected, about where your capital sits in the capital stack: you didn’t know to ask those with the same urgency before. Now you do.
That knowledge is real. It’ll serve you in the future.
The investors who come through a difficult cycle better than they went in are the ones who stayed honest with themselves about what happened. Not the ones who pretended it didn’t hurt, and not the ones who decided the whole asset class doesn’t work. Somewhere in the middle. Clear-eyed about what went wrong. Still willing to do the work to do it better.
What to Do Next
If you’re sitting with a loss right now, the path forward starts with a few concrete steps.
Get your documentation together. Talk to your CPA before tax season, not during it. Keep tracking your K-1s. Do the post-mortem and write the answers down.
You made a decision with the information you had. Now you move forward with more.
Disclaimer: I am not a CPA, attorney, or financial advisor. The information in this post is for educational purposes only and should not be construed as tax, legal, or financial advice. Please consult a qualified professional about your specific situation before making any decisions.
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Peter Kim, MD is the founder of Passive Income MD, the creator of Passive Real Estate Academy, and offers weekly education through his Monday podcast, the Passive Income MD Podcast. Join our community at the Passive Income Doc Facebook Group.
