Old Navy's $1 flip flop sale is Saturday

Old Navy's popular annual $1 flip flop sale is set for Saturday.

During the in-store only "One Dolla Holla Sale," select styles of the popular footwear in solid colors are just $1 a pair. The flip flops usually cost $3.99.

"We��re adding great solid colors across all sizes for the family, and this year, including our printed flip flops in fun icons for just $2," said�Jennifer Baceda, Old Navy��s vice president of women��s shoes and accessories.

More: How crazy will they go? Businesses compete to have wacky summer drinks

More: Starbucks pulling the plug on more of its worst-performing cafes

More: Pucker up! Sonic's new Pickle Juice Slush now available nationwide

��� $1 DOLLA HOLLA IS BACK! ���
.
score $1 flip-flops on 6/23 �� in-stores only �ワ�������������
.#oldnavystylepic.twitter.com/r8OSBQ9O98

— Old Navy Official (@OldNavy) June 18, 2018

There��s a limit of 10 pairs per customer and the deal�is available while supplies last.

The discount retailer�owned by Gap�started the annual sale on its backless rubber�sandals in 2005. Last year's one-day sale was also online but this�year the only way to save is at Old Navy stores nationwide.

Flip flop fans are expected to flock to stores early so plan accordingly.

Some stores will have extended hours June 23 and hours will be posted at www.oldnavy.com.

FacebookTwitterGoogle+LinkedInThe most affordable summer vacations for 2018 FullscreenPost to FacebookPosted!

A link has been posted to your Facebook feed.

San Antonio: Embrace the summer heat with an affordable summer vacation to Texas�� emerging city, San Antonio. Plenty of free attractions, including the Alamo, plus low costs for food and drink make it an affordable summer vacation. Round-trip airfare averages around $300 round-trip from both Los Angeles and New York City for the summer months.  Sean Pavone, Getty Images/iStockphotoFullscreen Zanzibar: If Tanzania��s Zanzibar is on your bucket list, don��t wait to book this summer vacation at an affordable rate. For the most savings, fly into Dar es Salaam via a stopover in Istanbul with Turkish Airlines, Abu Dhabi with Etihad, or Dubai with Emirates. This way, you can get two vacations for the price of one flight.  Moiz Husein, Getty Images/iStockphotoFullscreen Washington, D.C., metro area: D.C. is WalletHub��s top destination for summer travel this year, and with average domestic airfare at $300 to DCA for the season, you can travel to the city cheaply from almost any U.S. city, with the least expensive month for airfare in September. An abundance of free attractions �� including all of the Smithsonian museums and the zoo �� keep costs low without sacrificing fun.  Getty Images/iStockphotoFullscreen Orlando: While the weather and crowds are at their peak, median airfare and nightly hotel rates are lower this summer in Orlando. Median round-trip airfare from U.S. and Canadian destinations is about $200, with nightly hotel rates hovering around $125.  Sean Pavone, Getty Images/iStockphotoFullscreen Budapest, Hungary: Another affordable European destination for this summer is Budapest. Here, you��ll get two cities for the price of one �� Buda and Pest, separated by the Danube River. With new routes from American Airlines launching this summer to/from Philadelphia, competition is driving airfare prices down.  Andrey Danilovich, Getty Images/iStockphotoFullscreen Tahiti: If you��re located on the West Coast, this year is one of the most affordable times to head to Tahiti. Why? This May, French budget airline Frenchbee launched non-stop service from San Francisco (SFO) to Tahiti (PPT). Searches for summer airfare yield results well under $1,000 round-trip, which is unheard of for this exotic destination. Travel in August to take advantage of fares under $750 round-trip.  Getty Images/iStockphotoFullscreen Denver: With mild weather and plenty of museums to explore, Denver is a family-friendly and affordable summer vacation this year. According to WalletHub��s Best Places to Visit in Summer, Denver ranks sixth, earning a spot for its low travel costs and minimal hassles. KAYAK��s 2018 Travel Hacker guide also lists median airfare to Denver under $250 round-trip from the U.S. and Canada for the summer months, and median hotel nightly rates around $150.  Getty Images/iStockphotoFullscreen Albania: Summer is arguably the best time for a European vacation because of the great weather and easy accessibility, but popular cities are crowded and expensive. Check out Albania as an alternative to pricey Mediterranean destinations. While direct airline routes are hard to come by from the U.S., Tirana (the country��s main international airport) recently opened up routes with Wizz Air, and has affordable fares from London-area airports for under $200 round-trip.  Getty Images/iStockphotoFullscreen San Jose del Cabo, Mexico: You��ll find savings and a favorable exchange rate in Mexico this summer. Skip out on party-centric Cabo San Lucas and head to ��the other Cabo,�� San Jose del Cabo, instead. Low airfare to Cabo stands out this season; the average cost of a round-trip flight to/from Los Angeles is around $300 and $500 to/from New York City.  Getty Images/iStockphotoFullscreen San Juan del Sur, Nicaragua: If you��re looking for an affordable but exotic beach getaway, check out Nicaragua��s Pacific Coast. Often overlooked by U.S. travelers, Nicaragua is only a three-hour flight from Atlanta and has a very favorable exchange rate ($1 USD to C$31 NIO). You��ll find San Juan del Sur about an hour-and-a-half drive from the main city of Managua.  Getty Images/iStockphotoFullscreenLike this topic? You may also like these photo galleries:Replay1 of 102 of 103 of 104 of 105 of 106 of 107 of 108 of 109 of 1010 of 10AutoplayShow ThumbnailsShow CaptionsLast SlideNext Slide

Kelly Tyko is a consumer columnist and retail reporter for Treasure Coast Newspapers and�TCPalm.com, part of the USA TODAY NETWORK. Read her Bargainista tips at�TCPalm.com/Bargainista�and follow her on�Twitter�@KellyTyko. Sign up for her weekly newsletter at�www.tcpalm.com/featured-newsletter/bargainistabest.

Top Philippine Stock Fund Holds On to Cash as Bear Market Nears

LISTEN TO ARTICLE 2:58 SHARE THIS ARTICLE Facebook Twitter LinkedIn Email

The best stock fund in the Philippines is holding on to its cash as a sell-off that’s wiped out more than $36 billion from Asia’s worst-performing equity market brings the benchmark closer to bear territory.

The Philippine Stock Exchange Index sank 1.5 percent on Monday as a forecast for a wider current-account gap stoked fears of a weaker currency and rising inflation, bringing this year’s retreat to more than 13 percent. The gauge is within 2.3 percent of a bear market as it nears the 7,246.90 level, which is 20 percent below its Jan. 29 peak. Meanwhile, the peso is hovering around a 12-year low.

“There is no rush to buy into this market," said Steven Ko, who helps manage about $1.12 billion at Rizal Commercial Banking Corp. “Sentiments have become very negative that it’s highly possible we will see a bear market in the near term."

The bank’s Rizal Equity Fund has returned 2.2 percent in the past year, the best performer among 69 peso-denominated Philippine stocks funds in Manila tracked by Bloomberg. It beat the Philippine Stock Exchange Index, which slid 6.7 percent in the past 12 months.

#lazy-img-328648884:before{padding-top:56.25%;}

Ko said the Philippine stock index could slide to 7,200 as early as this month even if the central bank raises interest rates on Wednesday as the market braces for continued weakness in the peso amid the prospects of a swelling current-account deficit.

The central bank on June 14 raised its current-account gap forecast to $3.1 billion for 2018, more than four times its previous $700 million estimate. The peso has depreciated 6.7 percent against the dollar this year, Asia’s worst performer.

No Support

“The new forecast shows a very big discrepancy and the market is taking this negatively because of its implication on the peso," Ko said. “Even if the central bank raises interest rates this week, the peso might not get support in the near term and this spells continued weakness for equities."

Overseas investors sold $24.17 million of Philippine shares Monday, the 22nd straight day of withdrawals. It’s the longest stretch of outflows since Sept. 2016 and bringing this year’s withdrawals to more than $1.11 billion. Yesterday’s sell-off trimmed the stock index’s valuation to 16 times 12-month estimated earnings, the lowest since Dec. 27, 2016.

Ko said he has identified stocks that are “very undervalued and have underperformed the market" and that he’s ready to scoop them up once the Philippine stock index hits 7,200. He prefers property companies -- the only sector he’s overweight -- even as interest rates rise, because of earnings growth prospects. He also likes consumer stocks as the sector’s underperformance this year have made certain names “quite attractive."

“The weakness and sell-off in equities are mostly currency-related," Ko said. While Philippine economic growth is still one of the fastest in the region, “most foreign investors are bearish" because they are also being hit by the weaker peso.