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Interest Rates Are Headed Down Later in 2024, But Your Savings Account Interest Rate Should Not Have Fallen Yet
At the Fed’s March 2024 meeting Jerome Powell reaffirmed that the Fed is not cutting interest rates until it has further information and continued to guide towards three quarter-point cuts in the Fed Funds rate before the end of... Read →
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Our Advice is to Move Money From Savings Accounts to No Penalty CDs Right Now
The stock market is crashing. Anyone in it is losing a fortune this week. The temptation may be to try and follow Jon Najarian’s crazy option trades and be a hero, but as a veteran of 2000 and 2008, I can guarantee you that is... Read →
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Bank Rewards Programs That Put Cash In Your Pocket
Interest rates are low. We know that. That doesn't mean there aren't some other ways to generate a few extra bucks from your bank. In fact, some banks are offering rewards programs that might be worth a second look. Below are a few ideas. None of these compensate for average savings rates below1%, but they may help a little.
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