This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Ways To Blow Your Tax Refund Wisely

Stocks in this article: JBLU AAI M SHLD HMC

If you have the money and the vacation time, by all means use them now. According to SmarterTravel's Anne Banas, there were seven major airfare hikes this year before mid-March, with fares jumping roughly every 10 days at one point.

Those were just the hikes that stuck. United (UAL), Continental, Delta (DAL), American (AMR) and U.S. Airways (LCC) tried to push through another $10 increase on round-trip fares after instituting one two weeks ago, but Southwest (LUV), JetBlue (JBLU) and AirTran (AAI) refused to play along. That led Delta and American to push back some fares and eventually collapsed the hike altogether.

Considering travelers haven't even reached peak summer travel months yet, they shouldn't expect those fares to just sit there for long. Combined with ever-increasing fees, those rising fares are a great impetus for travelers to book their tax return into a trip quickly. Expedia (EXPE), for example, is offering trips from New York to Barcelona that include a four-night stay at the Hotel Europark for $1,320 per person. If that's not quite your speed, they're also offering trips from Los Angeles to Honolulu and a four-night stay at the Kahala Hotel and Resort for $1,425 per person. With more than $3,100 to play around with, it wouldn't hurt to bring a friend.

How exactly is this a good investment? Well, there are always the pictures and memories they can't take away from you, but getting away to a place that in no way resembles work or home usually pays off in unloaded stress. You won't be alone in your splurge, either, as 11.9% of Americans told the NRF they plan to blow their return on vacations this year.

3 of 6

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs