Articles
All Articles
Image Courtesy: KNKX
November 2018 Update – Five Nationally Available Online Savings And CD Accounts to Consider
Online savings and CD rates rose in October. We continue to favor savings rates over CD rates. It remains likely that the Federal Reserve will raise the Fed Funds rate from its current 2.00 – 2.25% Fed Funds rate to a 2.25% - 2.50%... Read →
Image Courtesy: Pexels
How to Avoid Early Withdrawal Fees on A CD
As interest rates have begun to rise, I’ve received numerous questions from readers asking about ways that they can get out of paying early withdrawal fees on long-term Certificates of Deposit that they may have bought a couple of... Read →
Image Courtesy: Pexels
No Penalty CDs May Offer An Easy Way to Boost to Your Savings Rates
Here at BestCashCow, we have been a fan of the No Penalty Certificate of Deposit since Ally began offering it years ago. It ordinarily offers depositors a slight improvement over a comparable savings rate at the same online bank. Since... Read →
Image Courtesy: CNN
The Caravan – Tragic but Brilliant
While the Republicans make noises about deep-pocket Democrats seeding dissent and organizing protests in Central America, imagine for a moment what is really happening. And what is happening is very simply one of the most well planned and... Read →
Image Courtesy: Amazon
Amazon Is Getting on My Nerves
It’s been a year since Amazon began its “secretive” review of a location for its second major operating headquarters. And, it has now reached the absurd. At first it was fun trying to psych out the location and then... Read →
Image Copyright: BestCashCow.com
Chase Unveils Sapphire Banking; It is Worth a Look for Those with $75,000
Here at BestCashCow, we’ve always been big proponents of earning the highest possible interest on your cash accounts (savings, CDs, checking). We are also big proponents of maximizing your credit card travel rewards by using the... Read →
Image Copyright: BestCashCow
Finally Online Banks Are Highlighting Low Rates At Money Center Banks
One of the most amazing things over the last years has been the huge difference between interest that could be earned from savings and CDs in online banks as compared with that earned at the major brick-and-mortar banks (Chase, Bank of... Read →
Image Courtesy: Pexels
Being A Woman Does Not Alone An American Hero Make
It’s understandable that we look to women now to take us out of the current crisis in America . There is no question that men, holding the vast majority of positions in the two houses of Congress and in the Administration, are feeble... Read →
Image Courtesy: CrowdfundInsider.com
Could Trump Fire Fed Chairman Jay Powell?
It is very standard practice that the Chairman of the Federal Reserve is appointed to a 4-year term by the President of the United States. It is also custom that in between appointments, the President refrains from commenting on Federal... Read →
Image Courtesy: Pexels
Should I Deposit Over FDIC Limits in XYZ Bank?
Having been running BestCashCow for many years now, this is the most common question that I receive. The question comes from people I know well and people I know casually and people who I don’t know at all. It comes fast and... Read →
Image Copyright: BestCashCow
October 2018 Update – Five Online Savings Accounts to Consider as Rates Rise
Following the Federal Reserve’s hike in the Fed Funds rate in September, we have seen interest rates of all durations move up in the first week in October. Savings rates too have risen, causing the best rates in BestCashCow’s... Read →
Image Courtesy: Morgan Stanley
Morgan Stanley is Offering its Customers 2.10% on Savings or 2.40% on a 6-Month CD
Morgan Stanley is trying to get its large customer base to move some of their assets back to the bank from other institutions that may have offered better rates in the past. They are doing this by offering an promotional savings rate of... Read →
Image Courtesy: Huffington Post
Senate Confirmation of Kavanaugh is a Huge Victory for Democrats
Judge Brett Kavanaugh’s elevation to the Supreme Court is a tremendous defeat for democracy and probably a serious low point for our country. At least it is a low point in terms of things we have done to ourselves. Pearl Harbor... Read →
Image Acadia National Park, Courtesy Wikipedia
Interest Rates Rise: What it Means for CDs
Over the last two days, we have seen the 10 and the 30-Year US Treasury rates move higher. The financial media is saying they “spiked” but the 10-year US Treasury is now at 3.20% (from 3.00%) and the 30-year US Treasury is now... Read →
Image Courtesy: Business Wire