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Goldman Sachs Comes to Market with a 6% Structured Note
I have written about structured notes before on BestCashCow. I believe that they may represent a good way to generate income in a fairly low-risk way over time at rates well above the rates offered by savings and CDs. Or maybe not. ... Read →
Image Wikipedia
In Hindsight Richard M. Nixon Was Not So Sick
I grew up in the 1970’s and 1980’s and was raised to believe that Richard Nixon had been a very ill man who was deceptive, could not tell the truth, and was therefore forced to resign as President in 1974. I was in Romania... Read →
Image US Holocaust Memorial
Americans Chillingly Turn Blind Eye to Nazi-Like Actions in U.S.
The New York Times’ above the fold, front page story, entitled Handcuffs at Dawn, was both chilling and deeply depressing. Anyone of conscience reading about how U.S. immigration police raid people’s homes early in the morning... Read →
Are Higher Mortgage Rates on the Way?
When the Federal Reserve acted to raise the Fed Funds rate in June 2017, it set the new Fed Funds target rate at 1.00 to 1.25%. While, this marked the fourth rate increase since the beginning of 2016 (and since the Fed had lowered rates... Read →
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How To Save For a College Education
You are probably expecting your children to go to college one day, and they probably should because college offers many benefits to those who attend and graduate. College graduates earn more and spend less time unemployed than their... Read →
A Genius Hunter’s Take on Elon Musk
For over 15 years, I headed the Genius Awards, searching throughout America for men and women of extraordinary talent, vision and promise. I oversaw the awarding of these no-string monetary awards to about 400 men and women of amazing... Read →
Never Liked Jeff Sessions
Jeff Sessions, the new Attorney General, is one of the least attractive picks for key positions made by Trump. I knew little about him before he was selected, but it was clear from the start that he lacked seriousness, weightiness, and the... Read →
Should I Open an Online Savings or Money Market Account?
Online banks offer some of the highest savings and money market rates in the banking world but many individuals are still nervous or skeptical about sending their money over the Internet. Yet today, opening an online savings... Read →
Three Years Ago, A 5-Year CD Made a Lot of Sense at 2.35%; Now Maybe Not
Three years ago, the best online 5-year CDs were at or around 2.30% - 2.35%. At the time, I put a fair amount of my personal money in 5-Year CDs, and I recommended that readers of BestCashCow to continue doing the same. I obviously... Read →
Image Vanity Fair
Not A Factor Until It is A Factor
This week’s news that Donald Trump Jr., the protégé, was clearly conspiring with the Russians along with Paul Manafort and Jared Kushner has been treated, just like every other bit of information pertaining to Russian... Read →
Mr. Trump and the Frenetic Media
President Trump has been at war with the mainstream American media from the very beginning of his campaign. His vitriol increased incrementally throughout the campaign and reached its zenith immediately upon his election. Early as... Read →
Life In Seven States Without State Income Tax -- Nirvana or Hell?
For those well enough off, the prospect of living life in a state that assesses no state tax seems very attractive. Florida comes to mind, as does Texas, Alaska and a few others. There are actually seven such states without any state... Read →
Image The New York Times
Where are the Calls for Hillary?
Our world changed completely in November. And it continues to do so. But, amidst all the craziness, nowhere do we hear a call for Hillary. Imagine if Hillary had won last November. Her top agenda items were all not that bad, but oh... Read →
Image LA Times
June 29, 2017 – The Tweet that Alarmed Financial Markets
Today, June 29, 2017, will be remembered for some time to come. It was the day when investors finally could not hide from the truth. The day when they realized that the market surge upward since the Trump election was a relief rally only... Read →