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H&R Block Bank is offering 2% APY on a 6-month CD on a minimum deposit of $10,000. That's currently the highest rate for that term. The promotion is running from September 1 to September 30.

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Even as the economy continues to show signs of firming and the stock market continues its upward trend, the rate on savings accounts and many CDs continue their downward movement. It's clear that until the Fed raises the Fed Funds rate,... Read →
Many homeowners, stuck with an underwater property that they can only sell for a loss are renting the property instead, hoping the price will rebound in a few years. Is this a good move? Probably not. The WSJ did a nice article on... Read →

Frontier Bank is offering a 2.6% APY 24-month CD.

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The $8,000 homebuyer tax credit for first-time homebuyers is scheduled to end on December 1, 2009. Since it can easily take 90 days to close on a house, there is not much time if you are interested and eligible in the credit.

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Here is everything don't know about the Federal Reserve, and never wanted to ask. THis first part of the series tells who the Feds are and when and why it was created. Happy Reading

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Shopping for a broker are you? Well here are some things to keep in mind when shopping. Get the right person and you will enjoy the relationship. Get the wrong person and you may find your account blowing up at the hands of a newbie or a seasoned scoundrel. Good Luck and Happy Investing

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Back in the day, you had to be an investment professional to understand anything in a prospectus beyond the name of the security. Thankfully things have changed. Happy Reading

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Here is a closer look at two places to put your cash until the economic turmoil is a bit less cloudy. Both seem the same at the surface, but there are key differences. Happy Investing

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Savings and CD rates continued to drop over the summer even as the stock market went on one of its longest winning streaks in history, shooting above 9,000 and getting giddy analysts to call for it to rise above the 10,000 mark before long.

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The FDIC reported today that the situation is still grim in the nation's banking sector. The number of problem banks rose from 305 to 416 and the FDIC's deposit insurance fund fell to $10 billion from over $40 billion last year. Is your money safe?

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Since the economy is still in the toilet this seems like as good a time as any to learn a little bit about the subject of economics. This can be a deep, oft confusing, and sometimes boring subject so I will keep each article in the series... Read →

Yields on long-term municipal bonds are significantly higher than short term munis and are at a historical high over Treasuries. Is now the time to go long?

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Citibank is offering a competitive 2.25% APY on an 18-month CD. The CD needs to be opened online.

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One West Bank, formerly Indymac, is offering a 10-month CD that pays 2.15% APY.

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