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I have written previous on BestCashCow.com about debt side Structured Notes. While these Notes involve real risks, they present those investors with a long-term time horizon with the opportunity to pick up yield.
Read →Information on how much of a risk the Heartbleed bug is for online banking and financial transactions. Tips on what you can do to protect yourself.
Read →Bank deposit rates have continued to move higher in 2014. View the top rates on savings and CDs and what we expect to happen during the rest of the year.
Read →Another sign of a frothy equity market has arrived in the form of a new equity-based structured note format that is making its way across Wall Street, and allowing brokers to market high yielding sexy products tied to some of the names that have driven the equity markets to their current levels. Unless you have the ability and the knowledge to properly hedge the risk of these instruments, you should avoid them.
Read →Goldman Sachs and other investment banks are currently syndicating an FDIC-insured CD offering from Goldman Sachs Bank USA. The product is interesting, but involves significant risks, including the risks of low long term rates and a 15 year maturity. Therefore, depositors should chose shorter term Bump-Up CDs from Ally or CIT over this product.
Read →It's often assumed that being a saver kills the passion in a relationship. Here are five tips on how to be a prudent spender in a way that lights a spark in any relationship.
Read →CIT Bank today raised its savings rate from 0.90% APY to 0.95% APY. It follows a move from GE Capital Retail Bank earlier in the week to raise the rate on several CD terms. As the unemployment rate continues to drop, look for more and more banks to begin raising rates.
Read →It is a pretty good sign that the economy is heating up again when "fee-only" or "for-fee" financial advisors step back out from the woodwork. These folks should be avoided.
Read →In his 2014 State of the Union address President Obama introduced the myRA account and said that the Treasury was taking action to make it available by the end of the year. The account will offer a decent rate of return for a federally guaranteed savings product but comes with some limitations.
Read →The Fed is still trying to stimulate the economy, including raising the inflation rate. Could it use a theoretical concept called "surprise inflation" to shock the economy and give it a lift? How would "surprise inflation" impact savers and borrowers?
Read →A person who has put together $5 to $10 million in liquid assets needs to manage cash differently from someone with $50 million +.
Read →Credit Union West in Arizona is offering some very attractive rates on CDs and rewards checking accounts for those living in Maricopa or Yavapai counties.
Read →There is a new credit card to consider if you want to accumulate hotel points and travel frequently to London or Paris.
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