Monday, December 4, 2017

19 clever purchases that help you create extra storage out of thin air

19 clever purchases that help you create extra storage out of thin air

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Dead spaces in your apartment are those underused pieces of real estate that often go unacknowledged, but they’re a great way to create storage space out of thin air.
You won’t need to designate any new area in the living room for a giant chest of drawers since you’ll just be updating the floor lamp with an almost identical model — just with added shelving space.
In the kitchen, you might decide to move the most used pots and pans to a rack on the ceiling or buy a floor-length mirror that doubles as a jewelry cabinet for your bedroom.
There are lots of places in our homes that we don’t use to their full capability (shower corners, to name one), and if we had the right thing, we might be able to declutter our homes without moving to a bigger apartment.

Below are 19 purchases that will help you optimize all the dead space in your home:

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A hanging pot rack for your most-used pots and pans

A hanging pot rack for your most-used pots and pans
Amazon
Ceiling space is likely the least-developed real estate in your home. You can easily clear countertops, drying racks, and kitchen cabinets by freeing them of their pots and pans and hanging them from this rack instead. Plus, it looks really nice by adding some dimension to the kitchen.

Cuisinart Chef's Classic 36" Rectangular Wall-Mount Bookshelf Rack, available at Amazon, from $99.11

A magnetic knife holder to clear up counter space

A magnetic knife holder to clear up counter space
Amazon
Use your wall space especially for things that add to the aesthetic. Moving your nice knife set to the walls with a magnetic strip frees up counter space, puts them always within easy reach whilst cooking, and they're likely one of the more uniform, nice-looking kitchen utensils you own.

Easy Magnetic Knife Holder Wall Mount, available at Amazon, $15.97

A three-tier corner shower caddy

A three-tier corner shower caddy
Bellacor
Instead of tripping over bottles and loofahs in tight quarters in your shower, you can move this tiered shower caddy into the somewhat-awkwardly-shaped corner and move about freely. It can also be great for tight corners elsewhere in the bathroom, where countertop and mirror cabinet space is at a premium.

Organize It All Bath Three-Tier Corner Shower Caddy, available at Amazon, $41.81

A two-tier shelf with added towel bars

A two-tier shelf with added towel bars
Amazon
Have you properly claimed the awkward space above your toilet? Probably not. A classic killing multiple birds with one little stone, this wall mount gives you the bathroom shelf space you need and utilizes the space underneath it for towels, letting you get more use out of the space you're already dedicating to storage so you can enjoy more room and not have towels build up on the back of the door.

A tension rod that will optimize your weird shower corners

A tension rod that will optimize your weird shower corners
Amazon
If you've been heretofore perplexed by how to make use of the tight corners in your shower, a tension rod shower caddy is going to be very helpful. The tension will keep it in place, and it will adjust to fit your space without much work on your part. 

Allzone Constant Tension Corner Shower Caddy, available at Amazon, $49.99

A shower caddy that keeps your shampoo bottles and soaps off the floor

A shower caddy that keeps your shampoo bottles and soaps off the floor
Amazon
This is one of the best ways to eliminate the amount of half-used shampoo bottles you trip over in a given shower. It's also convenient for soap (notably out of range for the water cascade, so they might even last longer, too) and you can hang your razors on the lower portion as well.

mDesign Handheld Hose Bathroom Shower Caddy, available at Amazon, $25.99

An outlet shelf that will mount speakers and minimize cord visibility

An outlet shelf that will mount speakers and minimize cord visibility
Amazon
If you bought an Echo device on Black Friday and now have to clear off stacks of magazines from some forgotten coffee table for it to sit, this might be a better and more convenient solution.
You can minimize cords and position your speaker to both hear you and sound better in general. 

ECHOGEAR Outlet Shelf, available at Amazon, $14.99

A bed frame high enough for storage underneath it

A bed frame high enough for storage underneath it
Amazon
Under the bed storage is one of the all-time most convenient spots to throw things, which is at least one thing that hasn't changed since childhood. A raised bed frame means you can easily store luggage and pretty much anything else without adding clutter to your room or valuable space in your closet.

A bedframe with built-in storage

A bedframe with built-in storage
Joss & Main
If you don't like the height of a raised bed frame or you want something more traditional, a bed frame with built-in storage is a nice way to maximize space you're already using up anyway.

Savoy Upholstered Storage Platform Bed, available at Joss and Main, from $714.99

Similar Pick: Black Full Mate's Platform Storage Bed with 6 Drawers, available at Amazon, $255.99

An organized, easily discernible system for under the bed storage

An organized, easily discernible system for under the bed storage
Amazon
Grabbing storage containers that can inflate as needed are perfect for storing seasonal clothing out of the way. And if you need something thinner for underneath your bed frame, these might work better.

Misslo Zippered Storage Bag, available at Amazon, $11.99

A full-length mirror that doubles as a jewelry cabinet

A full-length mirror that doubles as a jewelry cabinet
Amazon
You'll likely be investing in a full length mirror for your room, and this one doubles as a jewelry cabinet, so you can keep your valuables tucked away without having to compromise on space or organization.

SONGMICS 6 LEDs Jewelry Cabinet Lockable Standing Jewelry Armoire, available at Amazon, $129.99

Double your hanger space

Double your hanger space
Amazon
Easily double the hanging space in your closet with this easy and affordable doubler rod. Life hack: jeans take up less room hanging than they do folded three times each and stacked on top of each other.

Richards Homewares Commercial Grade Closet Doubler Rod, available at Amazon, Set of 2, $29.99

A coffee table with storage space

A coffee table with storage space
West Elm
Keep knick-knacks out of your way with a coffee table that allows you some added storage. Anything small and miscellaneous can be housed in here and out of company's way.

West Elm Industrial Storage Coffee Table (Small, 36"), $479-$699

A similar pick: Cerise Sandy Brown Wood Lift Top Storage Coffee Table, $179.99

A magnetic spice rack

A magnetic spice rack
Splendid Serendipity
Instead of keeping spices in a deep drawer that doesn't help you identify what you need immediately or in a rack on the counter, put them on the fridge. It looks nice, means you always know which spices are where, and frees up space you'll use by taking over the dead space you haven't been.

12 Tin Magnetic Spice Rack without Wall Plate, 30 Spice Labels, available at Amazon, $19.99

A mounted trash can to utilize limited leg room.

A mounted trash can to utilize limited leg room.
Amazon
Mount your trash can so even in tight quarters you can feel like you've got ample leg room. 

Sunbeam TrashRac 5-Gallon Trash Rack System, available at Amazon, $19.99

A living room footrest with hidden storage space

A living room footrest with hidden storage space
West Elm
Following the same logic as the coffee table, an ottoman can help find all those random, not-quite-center-stage-worthy items a home in your place.

Henry Storage Ottoman, Performance Velvet, available at West Elm, $199.99

An under-cabinet paper roll holder

An under-cabinet paper roll holder
Amazon
A further example of leaving no dead space unexamined, this towel holder is a cheap and easy way to get a big, bulky item off your counter and into somewhere ultimately more useful.

A wine glass rack

A wine glass rack
Amazon
Let's be honest: They're an awkward shape. Stemware, which is so thin at the bottom and wide at the top, is logistically not a great use of space in a cabinet. By flipping them upside down and utilizing space under your cabinet, you can make your place look more polished as well as free up space in your cupboards to be used much more effectively. 

A floor lamp with storage space

A floor lamp with storage space
Amazon
A floor lamp is easily one of the most convenient options for a home, but it doesn't really add much storage space for taking up a full corner of the living room. If you're looking for something similar for less, this option from Wayfair might be the next-best.
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A mystery trader keeps betting that the stock market will go crazy

A mystery trader keeps betting that the stock market will go crazy

  • A trader just rolled over a massive volatility bet that could pay out $260 million if all goes according to plan.
  • The wager is on a large increase in the VIX, which serves as the stock market's fear gauge and has been sitting near record-low levels for months.


The market's foremost volatility bull is at it yet again.
Just over two months after rolling over a humongous wager that the CBOE Volatility Index, or VIX, would surge from its subdued levels by December, the volatility vigilante has essentially extended that bet into January.
The so-called rollover carries roughly the same maximum potential payout as before: a whopping $260 million.
And considering the trader lost only a small fraction of that on the wager over the past two months, closing the December trade and pushing it to January allows continued exposure to a huge upside at a relatively small cost, according to a person familiar with the trade.
Considering the VIX's tendency in 2017 to trade near all-time lows, it's a risky bet. The so-called fear gauge is down 7.7% this year, and investors continue to pile into the short-volatility trade, which has evolved into one of the market's most crowded positions.
Still, some volatility has returned to the market in recent days, with uncertainty around the White House's Russia investigation sending the VIX 16% higher on Friday alone.
Let's unpack the trade:
  • To fund it, the investor sold approximately 260,000 VIX puts expiring in January with a strike price of 12.
  • The trader then used those proceeds to buy a VIX 1x2 call spread, which involves buying 260,000 VIX January calls with a strike price of 15 and selling 520,000 VIX January calls with a strike price of 25.
  • Bullish call spreads are used when a moderate rise in the underlying asset is expected. Traders buy call options at a specific strike price while selling the same number of calls of the same asset and expiration date at a higher strike.
  • In a perfect scenario, in which the VIX hits but doesn't exceed 25 before the December expiration, the trader would see a $260 million payout.
  • It is possible for the VIX to spike too much. If it increased beyond 35, the investor would start to lose money since the person used a call spread, even though the direction of the trade was correct.
  • For context, VIX January futures are trading at 13.57, while the spot traded at 13.09 as of 12:51 p.m. on Friday.
  • All data is from Bloomberg and was reviewed by a person familiar with the trade.
There are a couple of potential explanations for the trade. The first is that the trader decided the prolonged low-volatility environment would end in the next couple of months. While it seems as though it could stretch on forever, even the longest stretches of subdued price swings have eventually given way to fluctuations.
It's also possible the investor is betting on volatility around some key events. The trade's December expiration will capture a Federal Reserve meeting as well as a deadline for the government's debt-ceiling decision. There's a 96% chance the central bank will increase its benchmark interest rate by 25 basis points at the December meeting, according to Bloomberg's World Interest Rate Probability data.
While this mystery trader is making waves with large bets, the person is not alone in wagering on a VIX spike. The trader known as 50 Cent — recently revealed to be affiliated with Ruffer LLP, a $20 billion investment fund based in London — rose to prominence with repeated bite-size volatility bets.
If Friday's whipsawing market action is any indication, this brave proponent of stock chaos may final be able to cash in on an elevated volatility regime. If not, the odds are that the person will extend the trade once again.
And can you blame the person? There's a $260 million payout at stake.

CVS Health is buying Aetna for $69 billion in 2017's biggest deal

CVS Health is buying Aetna for $69 billion in 2017's biggest deal

CVS Health CEOCVS Health President and CEO Larry J. Merlo Reuters
  • CVS Health is buying Aetna for $69 billion ($145 a share and 0.8378 CVS shares per Aetna share).
  • The deal that was rumored for months was finally announced on Sunday.
  • The merger could reshape the American health care system as we know it.


CVS Health is buying Aetna, the companies announced Sunday.
The pharmacy giant is acquiring the third largest US insurer in a $69 billion deal. Aetna stockholders will be paid $145 a share in cash and 0.8378 CVS shares per Aetna share.
The deal creates a new type of company that includes a health insurer, a retail pharmacy, and a company that negotiates prescription drug prices with drugmakers called a pharmacy benefits manager. It's the biggest merger to happen in the US in 2017.
"This is a natural evolution for both companies as they seek to put the consumer at the center of health care delivery," the companies said in a news release. 
The timing of this massive acquisition is no coincidence. Speculation that Amazon might be getting into the pharmacy business has been rampant for months, and the company's notorious for stepping into new businesses and crushing the competition with low prices, fast delivery, and its massive network of loyal shoppers.

What this means for how your medication gets paid for

With the Aetna deal, CVS wouldn't be alone in controlling both the insurer and PBM part of paying for prescriptions. UnitedHealthcare, for example, owns the PBM OptumRx, while Anthem, which owns a variety of Blue Cross Blue Shield health insurance firms, will be launching its own PBM called IngenioRx.
Essentially, CVS would own every step of the prescription drug process with the exception of drug wholesalers, which are in charge of shipping drugs to pharmacies and hospitals, and the pharmaceutical companies that actually make the drugs. That would keep much of the money changing hands within the same company.
Here's a chart explaining how a drug travels from pharmaceutical manufacturer to a patient, and who takes a cut in the process. It's a complicated web of payments and rebates, but the simplified outcome of a deal that puts pharmacy, insurer, and PBM in one company is that the combined business walks away with more of a drug's sale price in the end.

With the Aetna deal, CVS would control everything that happens once a wholesaler has handed off the drug.
Who pays for your medication pharmaSkye Gould/Business Insider

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