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Frenetic Construction on New York’s Billionaires Row Is a Disaster Waiting to Happen

From my office, I am perched in a position where I can see all of the construction in midtown Manhattan. I saw the crane blow over on top of the Park Hyatt in September 2012 two days before we were struck by Superstorm Sandy. I think... Read →

Avoid the 3.10% 3-Year CD that TD Ameritrade is Hawking

TD Ameritrade sent out an email today to their clients trying to sell a callable CD with an October 2021 maturity that is yielding 3.10% APY. The term of the CD is actually three years and three months. Some BestCashCow users contacted... Read →

Image Wikipedia

Judge Brett Kavanaugh’s Very Questionable Financial Judgment

Within the last 24 hours, there has been a lot of analysis of required financial disclosures around Judge Kavanaugh’s appointment to the Supreme Court. It is clear that Judge Kavanaugh, together with his wife, has a positive net... Read →

Image Courtesy: Biogen

Biogen Offers A Ray of Hope

Only months ago, we read the very depressing news that almost all research to identify a drug to cure Alzheimer’s and related brain diseases had been closed down for want of any successful results. Millions and millions had been... Read →

Image Courtesy: NBC News

Jim Jordan, Congressman from Ohio – Holier Than Thou

Congress is full of performers and light-weights, now more than ever. One, Jim Jordan from Ohio, is someone who loves the spotlight and who lacks much class. He clearly enjoys the special thrill of appearing to be the people’s... Read →

Image Courtesy: Financial Tribune

Still No Rush to Gold

With the tariff wars, the collapse of international order, Russia’s continued influence on all things political in the US, and a country split in half politically, it is hard to believe that the stock market will continue to enjoy... Read →

Image Courtesy: Talking Biz News

Constant and Completely Inappropriate Advice on CNBC: “Just Buy the 2-Year Treasury”

The recent rise in the Fed Funds rate and in short term rates – and real fear of economic instability caused by Trumputin’s erratic behavior and US imposed sanctions – is leading virtually every talking head on CNBC to... Read →

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Chase Makes the Hyatt Card A Sensible Alternative to Sapphire Reserve

BestCashCow has been a big fan of the Hyatt program for many, many years. We’ve always viewed Hyatt points as among the most valuable points that you can accumulate for your credit card spend. Historically, only your spend on the... Read →

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Move Over, Amazon is Here

It’s all happening fast, and well. That’s how Jeff Bezos does it. No longer should anyone wonder whether Amazon might move and move rapidly into and through broad swaths of the healthcare industry. There are clear directions... Read →

Image Courtesy: Diskifans.com

A Five-Year Certificate of Deposit Paying 3% in 2018 - Revisited

When we began 2018, I wrote an article predicting that that we would see 5-Year CDs offering 3% in 2018, and recommending that depositors wait for the 3-handle before pulling the trigger and buying these products. We have seen 5-year CD,... Read →

Image Courtesy: Marca

The World Cup Shows Americans What is Wrong with Football, Basketball and Baseball

I played soccer growing up in the 1980s and my daughter plays growing up these days. It is still a great sport for children, but it really has never taken off as a spectator sport. Americans just don’t gravitate towards soccer. ... Read →