PixelMate Review

Text content won’t last. If you want to to get the attention of your visitors and drive them to take action, you need animated graphics. Yes, you heard that right! We all know that it takes a split second for someone to decide whether they like your content or not. So, before they decide to…

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Chinese national arrested for possession of 24 cartons and nine packets of duty-unpaid cigarettes

A 49-year-old work permit holder, Wang Maozhou, was arrested for possessing 24 cartons and nine packets of duty-unpaid cigarettes following a raid at a poultry processing factory in Senoko Crescent on 5 July 2019.

Singapore Customs stated in a Facebook post on Friday (12 July) that the Chinese national purchased the duty-unpaid cigarettes via the WeChat platform to sell to his work-place colleagues and others at a profit.

According to the authority, the duty and Goods and Services Tax (GST) evaded amounted to about $2,120 and $150 respectively.

Wang was sentenced to 10 weeks’ imprisonment by the State Courts on 10 July 2019.

Singapore Customs noted that the follow-up search was conducted at Wang’s residence on the same day, saying that its officers found six packets of duty-unpaid cigarettes belonging to his housemate, a 33-year-old Singapore Permanent Resident, who was subsequently issued with a composition sum of $1,800.

Source: Singapore Customs.
Source: Singapore Customs.
Source: Singapore Customs.

“Buying, selling, conveying, storing, keeping, having in possession or dealing with duty-unpaid goods are serious offences under the Customs Act and the GST Act,” the authority stressed.

Offenders can be fined up to 40 times the amount of duty and GST evaded and/or jailed for up to six years.

The post Chinese national arrested for possession of 24 cartons and nine packets of duty-unpaid cigarettes appeared first on The Online Citizen.

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Kohl’s Promotions July 2019: $10 Off $50 + $5 Off $25 Purchase + 30% Off Cardholder Coupons

Kohl’s Coupon PromotionThis is the perfect opportunity for you to save while you shop with the deals Kohl’s has to offer! You can check out the latest Kohl’s coupons, promo codes, and promotions here!

These savings keep getting better and better! If you want to save big then you have to check out these deals. Hurry now and start saving money towards your shopping!

Note: If you’re looking for a credit card that rewards you on all your purchases at Kohl’s, then I recommend checking out the Wells Fargo Cash Wise card, the Chase Freedom Unlimited card, or the American Express Cash Magnet card to earn rewards on all of your purchases! See more credit card bonus offers here.

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About Kohl’s

Started at Brookfield, Wisconsin in 1962, Kohl’s is one of the largest discount department store retail chain in the United States, with more than 730 outlets located across  41 states. Kohl’s a fusion between higher-end and original brand names! Kohl’s offers housewares, kitchenware, clothing for men, women and kids, shoes and a wide variety of other items such as luggage, toys, makeup, jewelry and accessories.

Yes2You Rewards Program

Koh'ls promotion

Join Kohl’s Yes2You Rewards Program!

You can explore Kohl’s Yes2You Rewards program where you’ll earn one point for every dollar purchase spent and get a $5 reward for every 100 points! Plus, you’ll get eight savings offers every year, as well as a special birthday gift, opportunities to earn bonus points and so much more!

Start earning points today! Shop and save on home decor, jewelry, baby stuff, gifts, and more! Save on fashion and electronics for yourself or for everyone on your shopping list! Shopping and saving at Kohl’s just got easier—not to mention more fun!

(Visit link above to join Yes2Your Rewards Program)

Current Kohl’s Promotions

Kohl’s Charge

Through July 21, 2019, Kohl’s.com is offering 30% Off Cardholder Coupons with promo code OUTDOORS30. Additionally, you can get free shipping on orders of $75+ with promo code JULYMVCFREE. Take advantage of the 30% off and free shipping offers require a Kohl’s Charge Card to redeem offer.

Kohl's Promotion

30% Off Cardholder Coupons

If you don’t have a Kohl’s Charge, you can apply now and upon approval save on your first Kohl’s Charge purchase with a discount promotion! Plus, as a Kohl’s charge customer you’ll receive 12 special offers every year!

  • What’s the offer: 30% Off Cardholder Coupons
  • Promo Code: OUTDOORS30
  • Where it’s available: Kohl’s
  • When it expires: July 21, 2019
  • How to get it: Make your eligible purchases and apply your promo code
  • What are the terms: Promo codes must be entered at Kohls.com (Kohl’s Charge Card is required) to receive discount. Some exclusions may also apply. Offer valid through July 21, 2019 or while promotion last.

(Visit Kohl’s.com for more information about the discount promotion)

$10 Off $50 Purchase

Get the best gift for your dad with this Father’s Day promotion from Kohl’s! Between now and June 16th, 2019, you can take an extra $10 off your $50 or more purchases! Just use promo code DAD10 for your online purchases or print the coupon with the link we provided below!

Kohl's Promotion

$10 off when you spend $50 or more on your Father’s Day gift purchase.

This coupon is valid on select styles on men’s, young men’s, big and tall clothing, footwear, accessories, fine jewelry, and watches. Keep in mind that there is a limit of one per coupon per customer and that coupon can be combined with other offers as well!

(Visit link above to get coupon for Father’s Day promotion)

$5 Off $25 Purchase

Check your email because Kohl’s having a promotion where you can get a coupon for $5 off your $25 purchase that’s valid online and in-store! Your miles may vary with this offer, so check to make sure if you’ve been selected! To get this offer you must be signed up for Kohl’s email alerts. Keep in mind that this offer is a one-time use only valid in-store and online.

(Visit Kohl’s.com for more information about the discount promotion)

Bottom Line

Are you a shopaholic? Because if you are, this is the perfect opportunity for you to save while you shop with the deals Kohl’s has to offer! Simply meet the small requirements for each promotion to easily save money on your next shopping spree. The easiest way to keep up to date with the deals is to sign up for Kohl’s email alerts.

Be sure to take note of the exclusions. Shop today and get your discount because this promotion will only be available for a limited amount of time! For additional savings like this check out our full Coupons list! While you’re here on HMB, learn other ways to maximize your savings with a rewards credit card!

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Huntington Bank Business Checking 100 $200 Cash Review


The post Kohl’s Promotions July 2019: $10 Off $50 + $5 Off $25 Purchase + 30% Off Cardholder Coupons appeared first on Hustler Money Blog.

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Can One-Time Dividend Darling Crescent Point Energy (TSX:CPG) Ever Bounce Back?

Gas pipelines

Canadian energy stocks remain out of favour, despite crude soaring in recent weeks to see the North American benchmark West Texas Intermediate (WTI) up by around 30% since the start of the year and trading at over US$60 per barrel.

One-time dividend darling Crescent Point Energy (TSX:CPG)(NYSE:CPG), which has virtually eliminated its dividend since the oil slump began, has gained a paltry 6%, despite WTI’s solid rally. This is because the market is concerned about not only the uncertain outlook for crude but the difficult operating environment which exists in Canada and the driller’s own problems.

Is the driller’s outlook improving?

Crescent Point has a long history of being a serial diluter of existing shareholders, having used large swathes of equity to fund a range of questionable acquisitions in the lead-up to the 2014 oil crash. The sustained decline in oil prices also caused cash flow to fall significantly, leading to concerns that the driller’s balance sheet was deteriorating. This was a key motivation for management to slash Crescent Point’s dividend multiple times since 2014 to leave a token monthly payment of $0.01 per share and yield of less than 1%.

To address these and other issues, which were potentially threatening the company’s survival in the current difficult operating environment, management instituted a strategic review in 2018. That saw a program implemented that aims to improve Crescent Point’s cash flow, boost the return on capital invested, and strengthen its balance sheet.

While first-quarter 2019 oil output of 175,955 barrels daily was flat year over year and Crescent Point’s net back declined by almost 2% to $33.95 per barrel, its net income of $1.9 million was a significant improvement over the $91 million loss reported for the equivalent period in 2018.

Crescent Point has made significant inroads with its plans to strengthen its financial position with net debt at the end of the first quarter falling by 11% year over year to be 2.1 times cash flow. It also reported a 15% improvement in capital efficiencies for the first quarter when compared to spending in 2017.

At an average 2019 WTI price of US$55 per barrel, Crescent Point expects to generate around $400 million in free cash flow, which with the latest oil rally certainly appears achievable. In fact, for every US$5-per-barrel increase in the average price of WTI, Crescent Point’s free cash flow grows by around $200 million.

Those successes bode well for the driller’s outlook and full-year performance.

Management has also instituted a share-buyback program, where it plans to buy up to 7% of Crescent Point’s public float, because it believes that its market price doesn’t correctly reflect its value. That will help to bolster earnings per share — by reducing the number of shares outstanding — and Crescent Point’s market value.

The company is also focused on boosting profitability by reducing costs. This includes targeting a 10% reduction in general and administrative expenses for 2019 as well as a stricter control of capital.

Foolish takeaway

While Crescent Point’s inability to grow oil production is disappointing, especially in an environment where crude is rising, the ongoing progress with reducing costs, strengthening the balance sheet, and bolstering the return on capital bode well for the driller’s long-term outlook.

Once Crescent Point has met its targets, it is feasible, because of the high quality of its oil acreage, that production will steadily expand, leading to higher earnings and stock price. For those reasons, now is the time for investors to buy Crescent Point.

Amazon CEO Shocks Bay Street Investors By Predicting Company “Will Go Bankrupt”

Amazon CEO Jeff Bezos recently warned investors that “Amazon will be disrupted one day” and eventually “will go bankrupt.”

What might be even more alarming is that Bezos has been dumping roughly $1 billion worth of Amazon stock every year…

But Bezos isn’t just cashing out, he’s reinvesting his money into a company utilizing a fast-emerging technology that he believes will “improve every business.”

In fact, this tech opportunity could be bigger than bigger than Amazon, Tesla, and Berkshire Hathaway combined.

Get the full scoop on this opportunity that has billionaire investors like Bezos convinced – before it’s too late…

Click here to learn more!

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Fool contributor Matt Smith has no position in any of the stocks mentioned.

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3 property statements that don’t hold water

I always believe that there are things best leave it to the professionals, such as legal and taxation matters. On the other hand, there are things best to be managed on your own, especially when it comes to finance and investment.

I immediately struck a chord with Andrew Craig when I read his book How to Own the World: A Plain English Guide to Thinking Globally and Investing Wisely.

Craig repeated an important message in his book: If you take the time and efforts to learn, you can invest your money better than most financial advisors and finance professionals.

This is not surprising.

The main objective of financial consultants is to sell you a product in order to make a commission from you. Or to manage your money in order to charge you a fee. They don’t have the obligation to grow your wealth or make you rich.

But for you your main concerns in investment are: Number one not to lose money. Number two make the most of your money.

The same goes for buying properties.

The main objective of developers, agents and media is to sell you a property in order to make a profit, earn a commission, or generate advertising dollars. They don’t have the obligation to help you buy the right home at a good price.

But for you, your main concern in property investment is: Number one not to lose money. Number two make the most income and profit out of your property.

When two parties have different priorities, how to ensure the message is transparent and neutral? How to ensure the recommendation will put the interest of the customer first?

Through my years of investing in properties, I have met good property salespersons who shared very insightful and honest views with me from their experience in the industry. But there were far more who shared biased views and groundless statements that don’t hold water. They made me walk away with more questions than reassurance.

Interestingly, not all buyers know the difference between the two. Some thought the sales talks they just heard are golden rules and go around repeating them to everyone else like parrots.

Statement #1 Real estate is the safest investment that can’t go wrong.

If buying properties can’t go wrong, why did so many people email me about their buyer’s remorse?

If putting money in properties is the safest, why did so many owners end up with a negative equity (market value of a property falls below outstanding mortgage) when prices crash?

If investing in real estate is really risk-free, how could subprime crisis wipe away 5 trillion dollars and take away the homes of 6 million people just in the US?

“You might find it hard to believe, but “you can’t go wrong with bricks and mortar” is also a dangerous statement. Many people throughout history, including in the past few years, have gone horribly wrong with bricks and mortar, and many more will do so in the future.” – Andrew Craig, How to Own the World: A Plain English Guide to Thinking Globally and Investing Wisely

Why are there more people buying stocks than private properties? Because investing in equities has much lower entry and exit cost.

Stocks is also more liquid than properties. You can buy and sell a stock with the click of a mouse. But it takes twelve weeks to buy or sell a home and complete the transaction. That is not even counting the time needed to find a buyer or seller.

Property is probably one of the most illiquid and risky assets to own.

Statement #2: Any time is a good time to buy because prices will always go up.

As Benjamin Franklin told us, “in this world nothing can be said to be certain, except death and taxes”.

After you pay the downpayment for a property, income and profit are not certain, except stamp duties and property taxes.

When buyers say prices are high and return is low, agents would remind them that prices will always be higher in the future. Buying properties is a long-term investment. Take the chance to upgrade your home or buy for investment now. Afterall, how many ten years do you have?

After you buy the property, you hope prices will go up in no time. But when prices keep falling, you console yourself that you are investing for the long-term. Because prices will always go up. The problem is you don’t know when.

“It may come as a surprise to many readers that UK property basically did not appreciate in value at all from 1900 to 1960. That is no less than 60 years.”

– Andrew Craig, How to Own the World: A Plain English Guide to Thinking Globally and Investing Wisely

Remember Singaporeans who bought condo units at the peak of the market in the mid-1990s? It took them almost 20 years to break even. Remember the two lost decades in Japan after the economic and property bubble burst in early 1990s?

How many ten years do you have?

Every time you make a wrong decision in property purchase, you have no choice but to take a long-term approach. You have to watch out on your diet and exercise really hard – to make sure you live long enough to see the value of your property breakeven.

Statement #3: The richest all built their wealth from properties

This is probably the biggest fallacy of all.

The saying that “the richest men in Singapore, Asia and the world all made their fortune from properties” may sound convincing in a sales pitch. But unfortunately, it is not true.

Those property salespeople are taking it out of context. They are making good use of the names of the rich and they know that the rich won’t come out to defend themselves.

Warren Buffet, Bill Gates, Mark Zuckerberg and Jeff Bezos didn’t make their money from properties.

Hong Kong’s Li Ka-shing made his fortune from making plastic flowers. He was the largest plastic flower supplier in Asia in the 1950s. He only started buying land at low prices after the 1967 riots.

Malaysian tycoon Robert Kuok built his wealth from 1949 after inheriting his family business in trading agricultural commodities. He didn’t go into properties until the 1970s.

The Ng brothers’ father Ng Teng Fong first started his business by opening a provision shop in the 1950s. Far East Oganization was formed only in 1960 with the financial support of a billionaire.

What are three of them in common? They all built their wealth from other business before venturing into properties.

If you too want to get rich from properties, ask yourself whether you have saved enough in your first pot of gold to support yourself in property investment.

Buying the right properties can make a rich man richer. But buying the wrong properties can also make a poor man poorer. Foreclosures happen when owners are overleveraged, lose their jobs or have a failed business. They stop paying the mortgage and their properties are seized by the bank.

The sales pitch may appeal to your aspiration to be rich and the illusion to be among the richest one day. But the truth is: Buying an overpriced property at the wrong time and hoping to get rich from it is just a fairytale.

The post 3 property statements that don’t hold water appeared first on The Online Citizen.

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