Author: openjargon

  • Australian dividend machines: 3 ASX shares that generate reliable passive income

    Happy man holding Australian dollar notes, representing dividends.

    The Australian share market is a great place to generate passive income.

    However, if you want a reliable source of income, you will need to choose your ASX shares carefully.

    After all, failure to do so could mean you end up with far less income one year than you were relying on.

    With that in mind, let’s take a look at three ASX shares that could be worth considering as part of a balanced income portfolio. They are as follows:

    APA Group (ASX: APA)

    The first ASX share to look at for passive income is APA Group. It is an energy infrastructure business that owns, manages, and operates a diverse portfolio of gas, electricity, solar and wind assets.

    These assets generate a reliable and growing source of income for the company each year. So much so, it is on course to increase its dividend for 20 years in a row.

    Analysts at Macquarie believe the company will achieve this. The broker is forecasting APA Group to increase its dividend to 56 cents per share in FY 2024 and then 57.5 cents per share in FY 2025. Based on the current APA Group share price of $7.90, this equates to 7.1% and 7.3% dividend yields, respectively.

    Macquarie has an outperform rating and $9.40 price target on the company’s shares.

    Coles Group Ltd (ASX: COL)

    Another ASX share that could offer a reliable source of passive income is supermarket giant Coles.

    Given the company’s strong pricing power, defensive earnings, market leadership position, and favourable dividend policy, it appears well-positioned to continue paying attractive dividends long into the future.

    Morgans thinks this will be the case. Its analysts are forecasting Coles to pay fully franked dividends of 66 cents per share in FY 2024 and 69 cents per share in FY 2025. Based on the current Coles share price of $17.03, this implies yields of approximately 3.9% and 4.1%, respectively.

    Morgans has an add rating and $18.95 price target on its shares.

    Suncorp Group Ltd (ASX: SUN)

    Finally, Suncorp could be another good option for passive income. It is the insurance company behind brands including AAMI, Apia, Bingle, GIO, Shannons, and Vero, as well as the eponymous Suncorp brand.

    Goldman Sachs is positive on the company. It believes some attractive dividend yields are coming for buyers at current levels.

    The broker is forecasting fully franked dividends per share of 78 cents in FY 2024 and then 83 cents in FY 2025. Based on the current Suncorp share price of $16.68, this will mean dividend yields of 4.7% and 5%, respectively.

    Goldman Sachs has a buy rating and $17.54 price target on its shares.

    The post Australian dividend machines: 3 ASX shares that generate reliable passive income appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Apa Group right now?

    Before you buy Apa Group shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Apa Group wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See The 5 Stocks
    *Returns as of 24 June 2024

    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs Group and Macquarie Group. The Motley Fool Australia has positions in and has recommended Apa Group, Coles Group, and Macquarie Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • A 10% dividend yield! Is this ASX All Ords stock a brilliant bargain?

    A female coal miner wearing a white hardhat and orange high-vis vest holds a lump of coal and smiles as the Whitehaven Coal share price rises today

    You won’t find many All Ordinaries Index (ASX: XAO) companies with a 10% dividend yield and a fast-rising share price, which is why I think this ASX All Ords stock is a brilliant bargain.

    The company in question is ASX coal stock Yancoal Australia Ltd (ASX: YAL).

    And for passive income investors who don’t object to funding Aussie coal miners, this is one to run your slide rules over.

    A juicy dividend yield AND tremendous share price growth

    When you’re on the hunt for passive income stocks with an exceptionally high dividend yield, you’ll often run into stocks that have seen their share prices collapse in recent months. That will drive up the trailing yield, but it can also indicate that future dividends are set to take a dive as well.

    Occasionally, you’ll also uncover stocks that have been on a tear and still offer a market-beating dividend yield.

    As for Yancoal, the ASX All Ords coal stock has rocketed 52% over the past 12 months. In fact, yesterday, shares closed at a new all-time high of $7.17.

    And as for that dividend yield, Yancoal paid a fully franked interim dividend of 37 cents a share on 20 September. Passive income investors will have received the final dividend of 32.5 cents a share on 30 April.

    That equates to a full-year payout of 69.5 cents a share.

    At yesterday’s closing price, this sees Yancoal shares trading on a fully franked trailing dividend yield of 9.69%.

    What’s been going right for Yancoal shares?

    The Yancoal share price and dividend yield have remained resilient despite coal prices tumbling from their record highs in 2022. However, the thermal coal price has found support over the past 12 months, broadly trading in the mid-US$130 (AU$195) a tonne range.

    At its March quarter report, Yancoal reported receiving an average realised price of AU$180 a tonne. That’s almost double the $89 to $97 a tonne in cash operating cost the miner is targeting in 2024.

    On the production side, the ASX All Ords coal stock is forecasting full-year production in the range of 35 million to 39 million tonnes.

    After paying shareholders the $429 million in final dividends, Yancoal still held a very impressive $1.2 billion in cash.

    I believe these strong metrics, along with strong ongoing global coal demand, should see this passive income star continue to offer a market-beating dividend yield in the year ahead.

    The post A 10% dividend yield! Is this ASX All Ords stock a brilliant bargain? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Yancoal Australia Ltd right now?

    Before you buy Yancoal Australia Ltd shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Yancoal Australia Ltd wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See The 5 Stocks
    *Returns as of 24 June 2024

    More reading

    Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Is this the best dividend share in the ASX 200?

    A woman peers through a bunch of recycled clothes on hangers and looks amazed.

    Many investors have steered clear of discretionary retail shares this year, sending the Super Retail Group Ltd (ASX: SUL) share price down 14% since January. In contrast, the S&P/ASX 200 Index (ASX: XJO) has lifted 1.5% year-to-date.

    After the recent decline in its share price, S&P Capital IQ currently values Super Retail Group shares at 13x FY25 earnings estimates.

    Historically, Super Retail Group shares have traded at both single-digit and higher multiples, including during the COVID-19 crisis. The current price-to-earnings (P/E) ratio is around the mid-point of its trading range of 8x to 18x.

    At the current share price, Super Retail offers a fully-franked dividend yield of 5.6%. While this yield may not be the highest on the ASX, investors should consider the company’s earnings resilience and dividend outlook.

    Given these factors, is Super Retail Group the optimal ASX dividend share to consider for investment today?

    Resilient earnings

    Super Retail Group operates a diverse portfolio of retail brands — including Supercheap Auto, Rebel, BCF, and Macpac — across Australia and New Zealand.

    Despite challenges in the retail sector, Super Retail Group has demonstrated robust earnings resilience.

    The company reported mixed sales growth in its second-half trading update, with Supercheap Auto sales increasing 1% and BCF sales falling 5%.

    In the longer term, its earnings per share (EPS) have increased from 41 cents in FY15 to $1.15 in the last 12 months to December 2023.

    While its earnings inevitably swing through ups and downs of economic cycles, the company shows a relatively stable trend compared to other ASX consumer discretionary shares. For example, its EPS fell from 70 cents in FY19 to 55 cents in FY20 during the COVID-19 crisis before recovering to 1.32 in FY21.

    The company’s ability to maintain stable earnings amidst fluctuating consumer sentiment and economic conditions highlights its effective management of costs and strategic positioning in essential retail segments.

    This resilience underscores Super Retail Group’s capability to navigate market uncertainties and sustain shareholder value over the long term.

    What about Super Retail’s dividend history?

    Super Retail Group’s commitment to paying consistent and fully-franked dividends, even in tough economic conditions, demonstrates its dedication to shareholder value.

    The company has a strong track record of consistently paying dividends to its shareholders. Over the years, its dividend per share (DPS) has increased from 40 cents in FY15 to 76 cents in the last 12 months ending December 2023.

    The company maintains generous dividend payout ratios of between 50% to 90%. Even during challenging times, such as the COVID-19 pandemic in FY21, Super Retail Group paid out 51% of its earnings as dividends.

    Additionally, the company has always provided 100% franking credits on its dividend payments, enhancing the returns for its shareholders.

    Foolish takeaway

    Despite some concerns over economic uncertainty and consumer spending, I believe Super Retail Group remains one of the top choices among ASX dividend shares today.

    The post Is this the best dividend share in the ASX 200? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Super Retail Group Limited right now?

    Before you buy Super Retail Group Limited shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Super Retail Group Limited wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See The 5 Stocks
    *Returns as of 24 June 2024

    More reading

    Motley Fool contributor Kate Lee has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Super Retail Group. The Motley Fool Australia has positions in and has recommended Super Retail Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • Replacing Biden with anyone but Harris would be a real headache for Democrats

    Photo collage of Vice President Kamala Harris in front of President Joe Biden
    • President Joe Biden vowed again on Wednesday that he is not dropping out of the race.
    • If he does, Vice President Kamala Harris would start out as his best-positioned replacement.
    • Harris has both practical and political benefits in her favor.

    Democrats would have a practical and political nightmare on their hands if President Joe Biden drops out and they decide to push Vice President Kamala Harris to the sidelines instead of the top of the ticket.

    On Wednesday, Biden and Harris jointly proclaimed to campaign aides that they would press on in the face of growing criticism following Biden's disastrous debate, according to the Associated Press.

    "I am running. I am the leader of the Democratic Party. No one is pushing me out," he said, according to the AP.

    No one, least of all Biden's running mate, can be seen publicly pressuring Biden to give up now.

    Harris gets the money — probably.

    In the event that Biden does call it quits, the focus will quickly turn to Harris. She is by far the best-positioned of Biden's potential successors to take over. Most importantly, according to campaign finance experts, she would have the easiest path to accessing the Biden campaign's $240 million war chest.

    While nobody is quite sure what would happen to the millions should Biden step aside, Harris would probably control the cash — but only if she became the nominee.

    "If Harris succeeded Biden as the presidential nominee, she would maintain access to all the funds in the campaign committee and could use them to advance her presidential candidacy," Saurav Ghosh, the director for federal campaign finance reform at the Campaign Legal Center, told Business Insider in an email.

    That's because she shares a campaign committee with Biden, Ghosh said. Given her initial involvement with the Biden money — and the presence of her name on FEC filings related to his candidacy — she is likely the only one who could use the money without much issue.

    Yet the same rules wouldn't apply if Harris remained the vice presidential candidate or dropped off the ticket altogether.

    According to Ghosh, federal contribution limits stipulate that candidate-to-candidate transfers don't exceed $2,000 per election. While the Biden camp could convert the money into a political action committee if someone else was the nominee, there's a catch — PACs can only donate a maximum of $3,300 per election to a different candidate.

    "So in either case, there's no legal way for Biden to transfer to a new candidate the $90 million dollars that his campaign currently has on hand," Ghosh told Business Insider.

    In a massive return-to-sender effort, the Biden campaign could also refund donations and donors could redirect their money toward the new candidate, campaign finance experts told NBC. Or, in yet another version of the future, the Biden campaign could transfer the funds to the national party.

    All things considered, Harris soaring to the top of the ticket if Biden steps aside seems like the simplest solution with regards to the cold hard cash.

    But money, of course, is not the only question — though many heads are turning in Harris' direction, longstanding questions about her viability as a candidate remain.

    Harris has major support among the Democratic Party's core.

    Pushing Harris aside could risk a firestorm. The vice president has repeatedly declared that she's standing behind Biden, but already, influential voices in the party are lining up behind her. Rep. James Clyburn of South Carolina, whose backing helped Biden win the state's 2020 primary, has said he would want Harris if Biden drops out.

    "We should do everything we can to bolster her, whether it's in second place or the top of the ticket," Clyburn said on MSNBC on Tuesday.

    In Washington, where the optics are never far out of sight, it would be impossible to ignore passing over the first female vice president for a man, or the first Black vice president for a white candidate.

    Black voters remain the core of the modern Democratic Party. No single group is a monolith, but none of the major Biden challengers come close to Harris' support in the Black community. According to a recent Economist-YouGov poll, 66% of Black voters view Harris favorably. In comparison, only 47% of Black voters view California Gov. Gavin Newsom favorably; slightly fewer view Michigan Gov. Gretchen Whitmer in the same light.

    The same survey found that voters still don't know enough about Whitmer to have an opinion about her, underlining another potential headache. Harris is one of the most-known politicians in the country. Any potential replacement will likely need to introduce themselves to the American people and on the national stage.

    This doesn't mean Harris has every advantage. Her notoriety comes with the White House's baggage. Republicans would likely tag her with the same attacks on the economy and immigration that they've used against Biden. Unlike a potential replacement outside the beltway, Harris would struggle to show any major daylight with the president.

    Already, Republicans are preparing for a potential Harris bid should she get the nomination and, with it, the campaign money. On Wednesday, the Republican National Committee released a digital ad calling her the "enabler in chief" and blaming her for chaos at the border.

    Against ominous music, the ad asks, "Is this who we want to be president?" It seems the Democratic Party, and its donors, have to answer that question, too.

    Read the original article on Business Insider
  • Experts are racing to contain ‘the most dangerous’ monkeypox virus yet before it causes a global outbreak

    Electron microscope image of various virions (virus particles) of the monkeypox virus.
    Electron microscope image of various virions (virus particles) of a monkeypox virus taken from human skin.

    • A new strain of monkeypox virus is "the most dangerous" yet and could be a global threat, experts say.
    • The new clade Ib virus emerged in the Democratic Republic of the Congo and spread to Rwanda's border.
    • Experts say this mpox strain spreads in "worrying" ways and could end up on an airplane.

    A deadly and fast-spreading new strain of mpox, the disease caused by the monkeypox virus, has global health officials ringing alarm bells.

    The new virus is "undoubtedly the most dangerous of all the known strains of mpox," John Claude Udahemuka, a lecturer at the University of Rwanda, said in a press briefing on June 25. He said the virus has caused miscarriages and blindness.

    An earlier, milder form of mpox — called clade IIb — circulated worldwide in 2022, ultimately infecting more than 32,000 people in the US and killing 58 of them. It prompted the World Health Organization to declare a public health emergency, which ended last year.

    The new virus is called clade Ib, since it's a mutation of an even earlier form of mpox. It first appeared in a remote region of the Democratic Republic of the Congo in September and has spread to towns along the Rwanda border, near Burundi and Uganda.

    The new clade Ib virus could cause a global outbreak, experts fear, though they stopped short of warning of a pandemic.

    "The pandemic question is difficult," Trudie Lang, director of the Global Health Network at Oxford University, said in the briefing.

    "I think we need to be really vigilant now and move to try and contain this as quickly as possible in this region," she added. "There's definitely the opportunity for this to get on an airplane."

    The new mpox strain spreads easily

    Mpox spreads through close contact, especially skin-to-skin contact. It can cause flu-like symptoms and a painful or itchy rash that develops into puss-filled blisters, lesions, and eventually scabs.

    Monkeypox palm of hands
    The palms of a monkeypox patient in the Democratic Republic of Congo.

    Previous strains of the virus have had limited transmission abilities. The clade I virus that's long circulated in the DRC has been mostly associated with spread through families and within households, Land said. The clade IIb virus that went global was mostly sexually transmitted and mostly affected men who have sex with men.

    The new clade Ib strain seems to do it all.

    It began spreading through sexual transmission, via the local sex work industry, according to the researchers. However, they said the new virus has also spread within households, between mothers and their children, and there have even been cases of person-to-person spread outside households and without sexual contact.

    That's "incredibly worrying," Lang said. That's because it has more opportunities to spread than previous strains did.

    The clade I form of the virus, from which the new strain has emerged, is also more deadly than clade II. According to WHO, some outbreaks have killed up to 10% of sick people.

    Researchers only see 'the tip of the iceberg'

    It's not yet clear just how deadly the new clade Ib virus is, because researchers aren't sure how many cases there are.

    Leandre Murhula Masirika, a research coordinator in the local DRC health department, said in the briefing that they had identified more than 600 cases so far.

    "These are the severe cases that make it to hospital, so this will be the tip of the iceberg," Lang said.

    The WHO's technical lead for mpox, Rosamund Lewis, also raised the alarm last week, saying "There is a critical need to address the recent surge in mpox cases in Africa," according to Reuters.

    The researchers said they need to better understand the virus to identify the right safety measures and vaccines to contain its spread.

    "We need to first carry out studies of serology and immunology in order to see what kind of vaccination we can propose," Murhula Masirika said.

    He added that, in the meantime, he wants to give the smallpox vaccine to local sex workers and healthcare workers in hopes that it will confer some immunity to mpox.

    Read the original article on Business Insider
  • Invading Ukraine is making Russia rich

    Since launching its war on Ukraine, Russia has seen a boost in its GDP large enough that the World Bank reclassified Russia from an upper-middle-income to a high-income country.

    Read the original article on Business Insider
  • My family tried 15 of Costco’s premade meals, and we’d buy almost all of them again

    Kirkland Signature premade meals together on a counter
    My family tried Kirkland Signature prepared meals from Costco to find the best options.

    • My family reviewed and ranked 15 prepared Kirkland Signature meals from Costco.
    • Surprisingly, we weren't huge fans of the super-loaded chicken pot pie because it was too rich.
    • The comforting and flavorful meatloaf and mashed Yukon potatoes with glaze came out on top.

    As a busy dad, finding the time to prepare, cook, and clean up dinner can be challenging. So when I saw how many prepared Kirkland Signature meals were available at Costco on my most recent trip, I figured it might be time to see how good they actually are.

    My family ate and ranked 15 Kirkland Signature meals to see which was the tastiest and easiest to prepare.

    Here's how they stacked up, from our least favorite to our top pick. 

    The Kirkland Signature mac and cheese looked promising.
    Kirkland Signature mac and cheese in packaging
    The mac and cheese was covered with a layer of cheddar.

    I figured the macaroni and cheese would be the safest bet of the meals I took home, and nothing about how it looked changed my mind.

    It was bright yellow and seemed amply portioned. My kids usually love mac and cheese.

    The prep was straightforward, as I covered the tray in foil and threw it in the oven for 45 minutes.

    However, the mac and cheese disappointed us all.
    Baked Kirkland Signature mac and cheese
    I didn't expect the Kirkland Signature mac and cheese to be so rich.

    In my opinion, the mac and cheese was way too rich. There was a lot of cheese and a lot of sauce, and it was unpleasantly gooey and thick.

    I ate a few bites before the grease started working on my stomach. Even my kids turned it away, deeming it "too cheesy."

    It was the only Kirkland Signature meal we didn't eat to completion, and the sauce was so thick that I practically had to chisel out the refrigerated leftovers to recycle the tray. 

    The bright-yellow tortillas and sun-dried-tomato spread made the Tuscan chicken wraps with sauce look exciting.
    A light tan tray with four yellow wraps and a cup with an orange sauce in the center of the tray. The tray sits on a wooden table.
    I was curious to see what the flavors in the Tuscan chicken wraps with sauce would be like.

    The Tuscan chicken wraps with sauce looked like something I might pack for an on-the-go lunch. The wraps, which came with a sun-dried-tomato spread, seemed like reasonably sized alternatives to similar options at a deli.  

    There were a lot of different elements inside the yellow tortillas — Kirkland Signature rotisserie chicken, spinach, bell peppers, olives, cream cheese, and red-pepper pesto — but I was disappointed in how little chicken I found in the wraps I brought home.

    I didn't love the meal's strong flavors, though the sun-dried-tomato spread was a hit.
    A white plate with two wraps with yellow tortillas next to a small pool of orange dipping sauce.
    I wasn't sure if I liked the combination of olives, peppers, and cream cheese in the Tuscan chicken wraps with sauce.

    The most prominent flavors in this wrap were the salty olives and oily red peppers. My first bite contained almost entirely olives, which turned me off slightly.

    I thought the cream cheese and red-pepper pesto made the wrap a bit too soggy on the outside and goopy on the inside. The spinach inside the wrap was also wilted, so it didn't offer any crunch.

    Though I ate the wraps the day I bought them, I thought they tasted like the flavors had started to meld together — like a meal that had been sitting in the refrigerator for a while. 

    Still, I liked that the wrap was pleasantly sweet and didn't fall apart under the weight of its ingredients. The sun-dried-tomato spread also had a nice, almost cheesy tang and worked well when I repurposed it for other sandwiches. But overall, I'd skip this meal the next time I'm at Costco.

    We figured we'd enjoy the shepherd's pie.
    Shepherd's pie in a plastic container, with mashed potatoes and parsley on top
    The shepherd's pie was made with ingredients we knew my family enjoyed.

    The shepherd's pie was filled with meat and vegetables and topped with mashed potatoes. My family already loves pie, so the novelty of mashed potatoes and pastry immediately appealed to my kids.

    I removed the pie from its plastic container, placed it onto a baking sheet, and put it in the oven for about 45 minutes until golden. Individual pieces of pie fell apart as I served them, which wasn't surprising.

    We weren't fans of the shepherd's pie.
    A slice of shepherd's pie with pieces of beef, carrots, corn, peas, and mashed potatoes on a white plate on a cutting board
    The shepherd's pie looked OK, but each component tasted dry.

    I thought the mashed potatoes were mealy and dry, the vegetables were mushy, and the filling was overseasoned and too sweet.

    The filling was stew-like, but the ground beef was dry and crumbly. I thought I noticed pieces of steak, but these were just hunks of ground beef resembling burger meat.

    Overall, my family wasn't a fan of the meal.

    The Kirkland Signature Southwest wrap with rotisserie chicken seemed like a good on-the-go option.
    Kirkland Signature Southwest chicken wraps
    The Kirkland Signature Southwest wraps came with a sauce.

    The Kirkland Signature Southwest wraps were the only meal that required no prep whatsoever, making it a good option for on-the-go eating.

    They came with a pinkish chipotle sauce. When I unwrapped a wrap to put the sauce inside, I saw that the employee who made the meal sealed the wrap with a tangy, creamy spread.

    The Southwest wraps were moist and flavorful.
    Southwest chicken wrap on plate
    The Kirkland Signature Southwest wraps were made with rotisserie chicken.

    I thought the wraps were good because they tasted fresh, and the spread that glued them together helped prevent dryness.

    There was ample chicken, and the seasoned mix of corn and beans reminded me of a burrito from Chipotle. The pinkish chipotle sauce tasted like a Buffalo sauce to me, but that's not something I'd ever complain about.

    Each wrap made for a viable lunch, and at less than $4 each, they're way less expensive than takeout. I could imagine buying them again when I need a lunch that saves time and money.

    The chicken pot pie was huge.
    Kirkland Signature chicken pot pie unbaked
    The Kirkland Signature chicken pot pie seemed large and stuffed to the brim.

    At nearly 6 pounds, I thought the Kirkland Signature chicken pot pie was huge and surprisingly heavy.

    Some of the latticework on top of the pie broke in transit, but it was only cosmetic damage.

    The instructions called for at least an hour of baking time, which I thought sort of defeated the purpose of making it as a quick weeknight meal.

    Nevertheless, I baked the pie until it was golden brown, which took about an hour and 10 minutes.

    The chicken pot pie felt a little too heavy after a few bites.
    Slice of Kirkland Signature chicken pot pie with chicken, peas, and carrots oozing out
    The Kirkland Signature chicken pot pie's filling was creamy and very rich.

    The first bite of the pie was great.

    The pie crust was sweet, flaky, and crisp, the hunks of rotisserie chicken were huge, and the pea-heavy cream and vegetables were rich and salty without being mushy or overcooked, as they sometimes are in pot pie.

    But in subsequent bites, the initial richness became a goopy sort of heaviness that didn't sit well, and the whole pot pie started to taste a little too salty.

    At the very least, the crust was good enough to make me want to try one of Costco's dessert pies.

    The Kirkland Signature beef bulgogi Korean BBQ seemed like a meal my kids would enjoy.
    Raw beef bulgogi covered in a brown sauce with pieces of brown sauce in a tin tray on a wooden cutting board
    The Kirkland Signature beef bulgogi Korean BBQ came with raw meat and onion slices.

    The Kirkland Signature beef bulgogi Korean BBQ is one of the more bare-bones options among the meal selections at my local Costco. The container had a large portion of thinly sliced raw beef and white onions drenched in brown bulgogi sauce.

    My kids don't have much experience with Korean-inspired food, but I thought the meal would appeal to them because it's sweet, tender, and gooey.

    The meal was too sweet, and the beef fell apart while cooking.
    Cooked beef bulgogi on a white and orange plate with black design on the edge of the plate on a wooden cutting board
    The stew-like beef bulgogi wasn't appealing to my kids.

    I figured I'd cook the meal in a skillet over medium-high heat until the beef was browned. However, I quickly realized it was difficult to tell when the beef was cooked through because all sides of the meat were covered in a dark-brown sauce.

    I went by instinct, stirring frequently to make sure it cooked evenly. Some slices fell apart due to the constant stirring, but the dish seemed fully cooked after five minutes.

    Unfortunately, the small pieces of meat made the bulgogi look more like a stew, and its appearance alone turned off my kids.

    We thought the meal was tasty but too sweet, as the sauce's flavor overwhelmed the beef. I'd prefer this dish if the beef came in thicker pieces that I could remove from the sauce before cooking.

    I was impressed with the portion size of the Kirkland Signature meatballs with rigatoni.
    A silver tray of rigatoni pasta and six large meatballs, with a red sauce and cheese covering the pasta
    The Kirkland Signature meatballs with rigatoni and sauce could be used for multiple dinners.

    This meal, which included rigatoni and six enormous meatballs, cost $20 and was enough to feed my entire family twice.

    Unfortunately, we thought the meatballs and rigatoni were underwhelming.
    A silver tray filled with rigatoni pasta, six large meatballs, and melted cheese and bubbling red sauce set on a wooden cutting board
    I wasn't a huge fan of the flavors in the Kirkland Signature meatballs with rigatoni and sauce.

    The meatballs were a little spongy in texture, and something about how the ground-beef-and-pork mixture was seasoned tasted more like sausage than I expected (though that's hardly a bad thing).

    The rigatoni held up surprisingly well after 50 minutes in the oven — not quite al dente but not at all mushy. However, the sauce was a bit too sweet and seasoned for me.

    My kids liked the pasta but not the meatballs. I also thought the shredded cheese on top seemed like an afterthought, and I could've gone for more.

    The Kirkland Signature udon-noodle salad with dressing and peanuts came together easily.
    A clear plastic box containing a pack of udon noodles, peanuts, and a mixture of shredded cabbage and carrots with a lime wedge
    The Kirkland Signature udon-noodle salad with dressing and peanuts came with many great-looking ingredients.

    The Kirkland Signature udon-noodle salad was extremely easy to assemble — it already came with a shredded-vegetable slaw, peanuts, lime wedges, and a miso sauce.

    I tossed all the ingredients into a bowl and served the finished salad alongside some chicken wings. 

    The salad was fine, but I probably wouldn't buy it again.
    A pile of udon noodles, shredded cabbage, and carrots in a glass bowl on a gray tabletop
    I didn't love the Kirkland Signature udon-noodle salad with dressing and peanuts, but it would be a satisfying meal in a pinch.

    The dressing was sweet and tangy with a strong miso flavor, but I thought the udon noodles were a bit mushy. I also wished the vegetable mix of shredded bok choy, broccoli, cabbage, and carrots was crisper to balance out the noodles' softness.

    Overall, the salad wasn't too heavy or saucy, so it would likely be a nice, no-cook option for a quick meal or picnic.

    The Kirkland Signature chicken quesadillas looked pretty large.
    Kirkland Signature chicken quesadilla in packaging
    The Kirkland Signature quesadillas came with eight wedges.

    The Kirkland Signature quesadillas came with salsa, sour cream, and guacamole.

    The instructions on the packaging called for heating them up in a frying pan with some oil, so my first batch got a chimichanga-esque crunchiness I don't always expect from quesadillas.

    I thought it was a big portion, as there were eight wedges, and two of them felt like more than enough for an adult-sized meal.

    The chicken quesadillas were quite satisfying.
    Prepared Kirkland Signature quesadillas on a plate
    I dipped my quesadillas in salsa, guacamole, and sour cream.

    It was sort of the perfect meal to suit my family's quesadilla needs.

    The chicken was seasoned but not spicy, and there was tons of cheese without being too greasy.

    The salsa, a sweet, fresh, restaurant-style dip with jalapeño, was the surprise star for me. The Kirkland Signature quesadillas were my wife's favorite of all the meals. 

    The yakisoba stir fry with seasoned chicken was actually packed with veggies.
    Kirkland Signature yakisoba noodles
    I didn't prepare a salad or side for the Kirkland Signature yakisoba stir fry.

    The Kirkland Signature yakisoba stir fry was a fun and easy-to-prepare dinner.

    I heated the meal in a Dutch oven because I didn't have a wok or a large enough frying pan. Per the instructions, I heated up oil and first added the vegetables, then chicken, then noodles, and then sauce.

    It was ready in less than 10 minutes. And because there were plenty of vegetables, including broccoli, carrots, onions, peppers, and snow peas, I didn't have to prep a side or a salad.

    The yakisoba stir fry with chicken was really tasty.
    Plated Kirkland Signature yakisoba noodles
    Costco's yakisoba stir fry was a comforting meal.

    We thought the yakisoba noodles were warm, comforting, and satisfying, with tender hunks of chicken and some nice texture from the fresh vegetables.

    It was a bit sweeter than I usually like, but a hit of hot sauce helped balance out the sweetness.

    If I bought this again (and I would buy this again) I'd use only one container of sauce. My kids liked the noodles, and we finished most of the portion in a single sitting.

    My kids were excited about the ravioli lasagna with beef and pork Bolognese sauce.
    Tray of unheated ravioli lasagna with cheese shreds on top. The tray sits on a wooden cutting board
    The Kirkland Signature ravioli lasagna with beef and pork Bolognese sauce has a hearty cheese topping.

    I figured — correctly — that something called ravioli lasagna would appeal to my kids, who love a novelty.

    The ravioli were stacked in twos and topped with a meaty Bolognese sauce and mozzarella. It was easy to prepare, as all I needed to do was cover it with foil and bake it for an hour.

    At the end of the hour, I deviated from the instructions and gave it five more minutes uncovered in the oven to get the cheese nice and bubbly on top.

    The ravioli lasagna was a pretty tasty, easy pasta dish.
    Fully baked ravioli lasagna with melted white and yellow cheese and tomato sauce bubbling up around edges. The tray sits on a wooden cutting board
    The cheese melted and bubbled in the oven.

    The lasagna was good. The Bolognese sauce was hearty and sweet and my kids appreciated that the ravioli were glued together with melted mozzarella.

    It was about a dinner and a half's worth of food for my family, though it felt like a smaller portion than a traditional lasagna made in an equivalent pan size.

    The Kirkland Signature gyros came with a lot of ingredients, which impressed me.
    Kirkland Signature gyro kit
    The gyros came with pitas, meat, tzatziki, feta, and various veggies.

    This dish came with many components, which made me appreciate Costco's attention to detail and how much goes into prepping a gyro.

    Only the gyro meat and the pitas needed to be heated, but the meal also came with a cucumber and tomato salad, red onions, feta cheese, and tzatziki.

    Unfortunately, I needed to find my own hot sauce.

    The finished gyros were delicious.
    Plated gyro
    The Kirkland Signature gyros were well-balanced.

    I thought the gyros were delicious. If there was a weak link in the sandwich, it was probably the gyro meat itself, which was a little heavy on the onion powder and heated up to a scrapple-like consistency.

    That being said, the assertive seasoning on the meat was mellowed by the sweetness and crunch of the veggies and the tangy creaminess of the tzatziki and feta.

    It wasn't better than a gyro I might get from a street cart, but the price was right, and there's no street cart inside my apartment.

    I thought the container of Kirkland Signature chicken Alfredo was surprisingly heavy.
    Kirkland Signature chicken Alfredo
    The Kirkland Signature chicken Alfredo was topped with cheese.

    My first impression of the chicken Alfredo was that it was heavy. The label said it was a little over 4 pounds, and though it might not sound like much, it was a lot of food for my family.

    There was an impressive amount of chicken but I expected a higher ratio of noodle-to-meat. Like the macaroni and cheese, the whole tray was covered with foil and baked in the oven.

    The chicken Alfredo wasn't too overwhelming or rich.
    Baked chicken Alfredo
    The Kirkland Signature chicken Alfredo was full of flavor.

    The chicken Alfredo was better than I expected.

    Alfredo sauce is often a bit too indulgent for my tastes, but I thought Kirkland Signature's version of the creamy, cheesy sauce wasn't overwhelmingly heavy. The chicken was also moist and flavorful.

    My kids liked it even though they normally prefer their chicken and their pasta separated. Alongside some steamed broccoli, the chicken Alfredo stretched to two full meals for my family with little effort on my part. 

    The Kirkland Signature chicken street tacos came in a hard-to-carry package.
    Kirkland Signature chicken street tacos
    I was a little confused by the long container the chicken street tacos came in.

    For whatever reason, the chicken street tacos came in a longer container than the other meals.

    I thought it was vaguely festive but difficult to fit into a shopping bag or a refrigerator. Like the gyros, the street tacos came as a kit.

    I heated the chicken and tortillas and topped them with cheese, shredded veggies, salsa, cilantro-lime crema, and a squeeze of fresh lime.

    The chicken street tacos were one of our favorite meals.
    Plated chicken street tacos
    I had the chicken street tacos with some lime that came in the kit.

    The chicken street tacos were excellent. The chicken was smoky with a chipotle flavor but not too spicy for my kids, the veggies were fresh and crunchy, and the sauces were tasty. I think the salsa was the same kind that came with the quesadillas.

    If I were at a restaurant and got these tacos, I'd be more than satisfied with my purchase. 

    I was skeptical of the meatloaf with mashed Yukon potatoes and glaze.
    Kirkland Signature meatloaf and mashed potatoes
    I'm not usually a big fan of heavy meatloaf.

    I'm normally not a big fan of meatloaf, and my kids' exposure to it has been limited. It's often grayish and covered in a dark red goo that looks like ketchup.

    I'm also not much of a mashed potato guy and, in my experience, they never keep well.

    By the time I put the Kirkland Signature meatloaf and mashed potatoes in the oven, they had been sitting in my fridge for a few days so I wasn't sure what to expect.

    I didn't expect it, but the meatloaf was our winner.
    Prepared meatloaf and mashed potatoes on a plate with broccoli
    I served the meatloaf and mashed potatoes with broccoli.

    Like almost every one of these meals, the meatloaf and mashed Yukon potatoes were surprisingly good.

    It was heavy (but of course, most meatloaf is), and I don't think I'd usually choose it over tacos. But my family ate the meatloaf on an unseasonably cold day when I was hungry, and the sweet, juicy, and beefy dinner hit the spot.

    My son, who's normally hesitant about unfamiliar foods, took to it like he was a paid spokesperson. "I'm very happy with this," he said.

    I thought the mashed potatoes were just a touch mealy, but overall, they weren't bad.

    Overall, the Kirkland Signature meals surprised us.
    Kirkland Signature premade meals together
    We enjoyed almost all of the prepared Kirkland Signature meals.

    I normally cook for my family and, for whatever reason, prepared meals like those from Kirkland Signature have never been part of our dinner rotation.

    But aside from the mac and cheese and rigatoni with meatballs, every one of the meals we tried was better than I expected it to be, and my kids enjoyed them more than I would've guessed.

    Now, I'll likely regularly buy some of the Kirkland Signature meals when I don't have much time for meal prep.

    This story was originally published on October 27, 2023, and most recently updated on July 1, 2024.

    Read the original article on Business Insider
  • My brother drowned trying to save someone else on the Fourth of July. I dread the holiday every year.

    Janet Funk wearing a hat and sitting on a beach.
    Janet Funk has dreaded the Fourth of July ever since her brother Robbie died in 1990.

    • On the Fourth of July, 1990, my brother Robbie was trying to save a swimmer in distress.
    • The water was dangerous, and he drowned. 
    • Now, I dread the holiday every year. 

    When friends invite me to a Fourth of July party, I decline. I hate this holiday. While the rest of America is celebrating, I'm reliving the day my brother drowned, the day my family went from eight kids to seven.

    Being the last in a long line of Funk kids was my whole identity growing up. Four boys and four girls were born in the span of 12 years: Paul, Sue, Tom, Carol, Ellen, Robbie, Dave, and me, but our dad introduced me as his caboose.

    My family met up for a reunion on July 4, 1990

    It was 1990, the summer before my last year of college, when my oldest brother Paul rented a beach cottage on Lake Erie for a Fourth of July family reunion. My brother Dave and I drove up together on July 3. My sister Sue was already there with my two young nephews. Grocery bag after grocery bag was unloaded into the small cottage kitchen, and we had enough alcohol to host a fraternity party. After my brothers Tom and Robbie arrived, we all ran down to the beach.

    The weather was perfect that afternoon. We jumped waves and body-surfed in the bath-warm lake. We drank beer on the hot sand, passing cheese puffs and Pringles, telling jokes, and gossiping. We stayed up late around a bonfire, Robbie dazzling our nephews with his dramatic stories about magic and monsters.

    The morning of the Fourth was hot and windy. After breakfast, we basked on the beach, enthralled by baby turtles washing up on the sand. The water was rough and dark, the color of chocolate YooHoo. My parents were due to arrive midday.

    Janet Funk with her oldest brother Paul standing outside in a forest.
    Janet Funk and her oldest brother, Paul.

    Robbie heard someone yelling from the water

    "Do you hear that?" Robbie said. "Somebody's yelling for help." He popped up, trying to locate the sound.

    "They're out there!" Robbie shouted as he started running. Paul, Dave, and Tom jumped up and followed him.

    "If you're going into that water, you better know what you're doing," a woman yelled to them. That's when Tom told Paul, "I'm not a good swimmer," and instead veered to the dock to watch.

    The wind was churning up white peaks atop jagged waves. Robbie waded into the water first, then Paul, then Dave. I was standing in the shallow water, watching, expecting to see my brothers heroically carrying the distressed swimmers to safety. They were halfway there when Robbie went under.

    The water was incredibly dangerous that day

    From the dock Tom started yelling, pointing to the last place in the water where he saw him. Someone called 911. Volunteer firefighters appeared and formed a human chain with belts and ropes, but the undertow was too strong, and their chain broke. Another rescuer was sucked under by the violent current; the firefighters now had one of their own brothers to save.

    Next, they tried a boat, but it immediately capsized. I watched as Paul was pulled in with a life preserver, Dave was clipped onto the firefighters' rope, and dragged in. But still, no Robbie.

    People were frantically running, yelling, and pointing. Loud whistles, loud crashing waves. I couldn't understand what was said, I couldn't see what was happening between the undulating waves, and I couldn't stop looking for my brother, willing him to emerge.

    My parents pulled up, unaware of our family's fate. One firefighter was also lost. One of the two people yelling from the water was saved by a local with a dinghy, but the other one drowned. We stood on that beach, telling our parents what happened as we continued scanning the water, still hoping to spot him.

    It was getting dark, but I didn't want to pull my feet out of the wet sand that was now up to my ankles, didn't want to turn my back and leave Robbie alone in the dark water. Shaking and crying, we helped each other up the wooden steps to the cottage.

    Thankful for the copious amount of alcohol, we prescribed ourselves shots of whiskey, hoping to knock ourselves out, to stop the spiraling thoughts, the reliving of the day. We lit sparklers and shared stories. I told them about the game Robbie and I made up called "dial-a-shot." He used to call me in my dorm and we would do a shot of vodka together over the phone before we went out. We held our glasses high and toasted him.

    As I waited for the effects to kick in, my mind dove into my childhood. I remembered when Robbie taught me how to play poker. I remembered when he slipped headphones on my ears and pressed play so I could hear a new punk band he bought on cassette. I saw him holding a sci-fi paperback, smoking cigarettes and weed. In our conservative Irish Catholic family, we were both non-conforming weirdos.

    We waited for three days, floating in suspended disbelief, while they dragged the lake. His body was recovered by a scuba diver 200 yards in front of the cottage.

    I still dread the Fourth of July

    After the funeral, I had to return to school, but how could I go back to my regular life after I saw my brother die? School didn't feel important anymore. Stressing about grades seemed ridiculous. In our small town, everyone knew our big family. I thought leaving would feel like I was leaving Robbie behind, forgetting about him to focus on myself.

    School ended up being a reprieve because there, no one knew my family was one less. I could decide who I wanted to share the tragedy with, I could process it on my own. I didn't have to witness my parents suffering.

    The night before my graduation, Paul and I went out drinking and dancing and toasted Robbie again — he would have laughed at me for being so hungover when I walked across the stage for my diploma.

    Robbie would be 60 now. I still cover my eyes during movie drowning scenes. I panic when my son goes swimming in the river. As the Fourth of July approaches again, I fear the dreaded question, "Do you want to watch the fireworks?"

    Absolutely not.

    Read the original article on Business Insider
  • All the ways Donald Trump wins from the Supreme Court immunity ruling

    The Supreme Court immunity ruling puts Trump in a favorable position ahead of the election in November.

    Read the original article on Business Insider
  • 2 House Democrats have now called for Biden to drop out of the race

    Rep. Lloyd Doggett at a press conference
    On Tuesday, Rep. Lloyd Doggett became the first sitting member of Congress to call on Biden to drop out.

    • Democratic members of Congress are beginning to call on Biden to drop out of the race.
    • The first two to do so — Reps. Lloyd Doggett and Raúl Grijalva — represent solidly blue seats.
    • Two other lawmakers are flatly predicting that Biden will lose to Trump.

    President Joe Biden is facing calls to drop out of the presidential race following his disastrous debate performance last week.

    The first Democratic member of Congress to do so was Rep. Lloyd Doggett of Texas, who praised Biden's record of accomplishments but said an "authoritarian takeover" would come if former President Donald Trump won.

    "Too much is at stake to risk a Trump victory — too great a risk to assume that what could not be turned around in a year, what was not turned around in the debate, can be turned around now," Doggett said. He later said on NBC that some of his House colleagues privately agreed with him.

    On Wednesday, Doggett was joined by Rep. Raúl Grijalva of Arizona, who told the New York Times that the debate represented an "opportunity to look elsewhere."

    "What he needs to do is shoulder the responsibility for keeping that seat — and part of that responsibility is to get out of this race," said Grijalva.

    Both men are in their mid-to-late 70s and represent solidly Democratic seats.

    Rep. Raúl Grijalva became the second House Democrat to call for Biden to withdraw from the race.
    Rep. Raúl Grijalva became the second House Democrat to call for Biden to withdraw from the race.

    Separately, two members of the moderate Blue Dog Coalition — Reps. Jared Golden of Maine and Marie Gluesenkamp Perez of Washington — said that they believe Biden will lose to Trump.

    Golden went as far as to say that he is "OK" with Trump winning, saying he rejects the idea that Trump is a "unique threat to our democracy."

    Democratic politicians who don't hold elected office have also called on Biden to step aside.

    Former Housing and Urban Development Secretary Julián Castro, one of Biden's competitors in 2020, said that Biden needed to "allow a stronger Democratic candidate to prevent a disastrous second Trump term.

    Another 2020 Biden competitor, former Rep. Tim Ryan of Ohio, published an op-ed on Tuesday calling for Biden to be replaced with Vice President Kamala Harris.

    Harris is one of several Democratic contenders who could replace Biden if he stepped aside.

    Read the original article on Business Insider