Articles
Selected category: Savings
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Not Even Smoke and Mirrors
BestCashCow first projected that Trump’s extreme and malignant narcissism would cause him to fail properly to divorce from his assets in a way that would call into question his independence, his freedom from the emoluments clause, and... Read →
Retirees Face Uncertain Future
It is exceedingly hard to look even months out with a modicum of confidence as to coming trends and events. We are in the most uncertain of times. This is especially true for those in retirement. Over the last decade, really beginning... Read →
A Moment of Crisis
After only a few days of the Trump administration, led by an unstable president and his frightening trio (Bannon, Flynn, and Conway), the country is spiraling out of control. Strikes and protests abound throughout the country and abroad,... Read →
Irrational Exuberance
In 1996, when the then Federal Reserve Chair, Alan Greenspan coined the phrase “Irrational Exuberance”, it troubled folks but also incorrectly forecast a precipitous drop in the markets. It took another three years. It... Read →
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Heads in the Sand
We all, everyone of us, have our heads in the sands. Most of those who voted for Trump have yet to realize what they have wrought. But they will. The rest know now, but are unable to face the reality of it all. In fact, we are all... Read →
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If Ever There Was A Time ...
Donald Trump will be president in a matter of days, regardless of what Russia may have on him. He may be impeached in a matter of days too, but that is less certain. But, whatever the days ahead may have in store for us, under any of... Read →
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The Case Against Principal Protected Notes
With the stock market at its all time high, brokers at Merrill Lynch, Morgan Stanley and JP Morgan Asset Management are touting an instrument called “principal protected notes.” These notes come in a variety of different forms,... Read →
Toasters to Interest Rates
"It's very important, if you have something really important, write it out and have it delivered by courier, the old fashioned way because I'll tell you what, no computer is safe." Donald J. Trump, December 30, 2016,... Read →Following the Fed's movement of the Fed Funds rate to 50 basis points last week, we are finally seeing competition for your hard earned cash. Here are a couple of neat offers that caught our eye.
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Do you know how much money is coming in and going out of your paycheck each month? The best way to gather this information is by creating a budget. This will let you know where you spend your money. You’ll also discover where you can... Read →
I have written many articles on structured notes on this website over the past several years and fielded a lot of questions from readers of the site about these notes. These types of investments are not FDIC insured and ordinarily require... Read →
It is quite evident that every bit of extra cash of interest makes a huge difference. Selecting the best savings account can sometimes prove to be a daunting task in a market where the interest rates are finally beginning to... Read →
It is almost Labor Day and in the Hamptons the refrain at the end-of-summer cocktail parties is the same that we have heard all summer.
Read →Even if the polls indicate that Hillary Clinton is the likely next President, there is a high risk right until the day of election that outside influences could cause the US to elect a President who is in the best case "unfit".
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Now is a Good time to Check Your FDIC and NCUA Coverage
A new financial crisis can always appear out of the blue. It is always a great time to check to be sure that your bank deposits are financially secure.
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