It has been 9 years already of making virtually nothing from savings account rates. Even with the best rates recently moving up to the 1.05% – 1.25% range as the Federal Reserve has raised the Fed funds rate, cash has been a... Read →
I continue to be surprised by the number of people – well educated people – that I come across in my daily routine who tell me that they have not yet opened their first online savings account.
Nobody disputes the fact that a... Read →
Like many other things in the United States these days, the familiar has become less predictable and the veneer of civility far less true.
Airlines have become, clearly, a flashing red light about a crumbling civil society and a rising... Read →
My article late in 2016 on BestCashCow about avoiding CDs longer than 1 year as well as CD laddering strategies got a fair amount of feedback and stirred more than a little controversy. After all, BestCashCow is a website largely about CD... Read →
The stock market is at all time highs. It has run to extraordinary levels.
Stock valuations, in the opinion of this author, are absolutely unsustainable. The S&P now trades over 18x 2018 consensus estimates. 18x future earnings... Read →
I found myself watching Consuelo Mack’s Wealthtrack show this morning. Money managers are virtually all tremendously underperforming the Dow, the S&P and the Nasdaq. The wealth managers on Mack’s program and programs... Read →
Women today are under assault from Republican anti-abortion fanatics. And, women today, conversely, continue to be overly protected by divorce court judges nationwide who almost always find for the woman in custody and other matters... Read →
Before the election, some people worried out loud about our new President’s ability to steer with a steady hand. There were few who had the courage to speak out then, and their impact small.
Today, there are even fewer. And,... Read →
A couple of days ago, as North Korea was parading it’s latest missiles, Donald Trump announced that he had sent “an armada” to the Sea of Japan as a clear signal that “we are strong” and “not to be played... Read →
Teresa May has called for a snap election in Britain on June 8.
Having already triggered Article 50 to begin the two-year period negotiating Brexit, May could easily see England through this process. Her current mandate as Prime... Read →
Chicago has long been known as America’s second city. Built along Lake Michigan, filled with stunning and architecturally beautiful buildings, home of renowned universities and businesses, the city has been for a long time an... Read →
A Chinese American was brutalized and dragged off a United Airlines flight after all passengers had boarded by three airport cops in order to make room for a United employee. He was a doctor en route to his office and patients, and... Read →
Wouldn't it be amazing if Putin plotted everything the last three days. After all, this is a man who acts viciously and maliciously worldwide with impunity. He has been knocking off his adversaries inside and outside Russia for... Read →
Russia’s billionaires lost trillions when Muammar Gaddafi fell in Libya. Putin failed to protect their interest, but maintained his power, and hence his own status as the wealthiest man in the world, by promising it wouldn’t... Read →
When you stop and realize what a terrible job it really is, you have to think deeply about why anyone would want it. If you think for a minute about the huge weight of the office, the incessant attention to anything and everything you say,... Read →