Articles
Selected category: Savings
Five Online Savings Accounts and CD Accounts to Consider in February 2018
Rates are clearly going up now. Whether you have extra cash that you are looking to move from a bank paying basically nothing or are removing money from a volatile stock market, here are some places to consider putting your money today.... Read →
Bitcoin Cannot Get to Zero Fast Enough
The stock market is coming off of its most recent highs quite dramatically, and CNBC is full of pundits trying to explain its fall and guess about its future. People who loose money in the market today will no doubt have opportunities to... Read →
What is the Difference Between A Savings Account And A Money Market Account?
Savings accounts and money market accounts are extremely similar account types. In fact, they are so similar that BestCashCow lists them together. Both are basic ways to stash cash while keeping it accessible (they are liquid accounts). ... Read →
A Leading Online Bank is Trying to Sell You Gold; Should You Bite?
Dollar Savings Direct, a division of Emigrant Bank, now offers depositors a competitive savings rate. After a many year hiatus from the online savings market, Emigrant returns to a competitive position for a company that a decade ago was... Read →
Image Purepoint Financial
Purepoint May Be Changing Its Focus
Purepoint MUFG, a subsidiary of the Japanese conglomerate Mitsubishi UFG Financial Group, entered the online banking market in late 2016 in a very aggressive manner, offering what was then the highest online savings and highest 1-year CD... Read →
Image Courtesy: Daily Mail
2018 Starts with A Bang!
2018 started with a complete bang in global financial markets. The Dow Jones Industrial Average broke 25000 and seems well on its way to 26000. Not only did our President say that it could go much higher in 2018, but so did David Tepper.... Read →
Image Courtesy: In Your State
Blue States Thinking Creatively In Response to 2018 Federal Property Tax Deductibility Changes
Blue States are working hard to overcome many of the hits they took following the all-Republican Tax Law – a law that decidedly disadvantage Blue high-tax states like New York, New Jersey, Connecticut, Illinois and California. ... Read →
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2018 Is A Lousy Year to Leave Your Money Where It Earns Nothing
Happy New Year! 2018 is going to be a great year. Will it be another barnburner on the stock market like 2017? Maybe, but you sure cannot bet everything on it. What you can be sure of is that savings rates have moved up. There are... Read →
Bitcoin and Blockchain: “That’s OK. I Didn’t Really Understand It At First Either”
I am old enough to have lived through 1999 and 2000. Actually, I am old enough to say that it is part of my adult experience. I worked in the internet and telecom sector then. We were building real things and the world was being... Read →
Image Wikipedia
New Tax "Cut" Not Really A Christmas Gift for America
The details of Donald Trump’s and Congressional Republicans’ tax cut have only just come out. And, the details tell all. First, I would not go out and celebrate, unless you: are in the real estate business run a... Read →
Image Courtesy: CNBC
Fed Funds Rate is Raised to 1.25%
The Federal Reserve, acting today in Janet Yellen’s final meeting as the Chairman, voted to raise the Fed Funds rate by 25 basis points. The Fed funds target rate is now 1.25% to 1.50%. The Fed is continuing to guide towards three... Read →
Our Predictions for 2018
It is that time of year – the end of one and the beginning of another. Every pundit is adding their economic predictions, so we’ll add ours. We’ll begin with one caveat. We had not seen the S&P going to 2600 in... Read →
Image Courtesy: Wall Street Journal
What Jerome Powell’s Confirmation Means for You
Like any American who has one iota of intelligence or historical perspective, I am outraged by our country’s loss of civility and direction at the hands of the Republican (now Trumpian) Party. The tax bill, in particular, is an... Read →
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10 Money Saving Tips for Seniors
Life as a senior brings all sorts of new challenges – good and bad. It can be a wonderful time, if you stay positive and healthy, enjoying new and old friends and doing the things you’ve always wanted to do. The key challenges... Read →
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