Sol Nasisi 's Articles

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Warren Buffett's Letter Analyzed for Conservative Savers and Investors
Warren Buffett published an interesting article in Fortune today that illuminates his thinking on the attractiveness of different investment classes. While I don't hang on Warren Buffett's every word, I thought some of his analysis pertinent for BestCashCow savers and investors.
Posted on February 09,2012 by
Changes in Markets Make Holding Cash More Important than Ever
Low interest rates on bank products make it tempting to move money out. Here's why that might not be a good idea.
Posted on January 27,2012 by
Fed Statment Means More Hardship for Savers; Three Steps You Can Take to Help Yourself
The Federal Reserve today released its Federal Open Market Committee statement today and the big takeaway for savers is to expect low rates through 2014. There are steps you can take to maximize your savings and make the best of a bad savings situation.
Posted on January 25,2012 by
Fed Statement Provides a Few Rays of Light to Savers
The Federal Reserve released their FOMC statement today and while slightly more optimistic than prior statements, made it clear rates will remain low for some time. Savers cannot rely on the Fed for more yield.
Posted on December 13,2011 by
How the Greek & European Debt Crisis Impacts Consumer Bank Rates
Over the past two years, the news has occasionally focused on the slow-moving debt debacle that is taking place in Greece and several other members of the European Union. It's easy to dismiss what is happening in Europe as something going on far away that doesn't impact the economy here in the United States. Nothing could be further from the truth.
Posted on November 01,2011 by
Fed Statement Means Bank Rates to Stay Low Through 2013
Those of you holding your breathe, waiting for savings account rates and CD rates to rise, will have to hold for quite a bit longer. Today, the Fed announced that it was going to hold its benchmark interest rate at a record low (0 - .25%) at least through 2013. The Fed announced this in the midst of a ratings downgrade of U.S. debt, a slowing U.S economy, and persistent sovereign debt issues in Europe.
Posted on August 09,2011 by
Comparison of the Dow Jones Industrial Average During the Depression Versus Today - Part II
Today, as the Dow falls over 300 points and is down over 1,000 points in the past ten days, I thought it would be useful to revisit my Dow Jones Industrial's crash analysis I did in 2008. The analysis compared how the Dow was faring during the global financial crisis versus how it did in the 1930s in the throes of the Great Depression.
Posted on August 04,2011 by
Any Debt Limit Deal Likely to Result in Years of Slow Growth
Let's assume the debt ceiling is eventually raised, as it will be. What does the future look like after? Unfortunately, it doesn't look like a very rosy scenario and if anything looks like another recession. That means lower rates on bank products for years to come, amongst other things: continued unemployment, stagnant stock market, weak dollar. Here are my reasons why:
Posted on July 29,2011 by
What U.S. Debt Limit Default Could Do to Your Finances and the Economy
As the bickering in Washington continues and we get closer to August 2, the date in which the Treasury estimates the government will run out of money to pay all of its obligations, it makes sense to think about what will happen to your finances if the government does indeed default.
Posted on July 13,2011 by
What It Will Take to Get This Economy Moving and Implications for Savers and Borrowers
The Fed said today that the economy is growing below expectations. That's no big surprise. What it will take to turn the economy around and what this means for savers and for borrowers.
Posted on June 22,2011 by
Greenspan Says Greece Default Likely; May Push US Back Into Recession
Former Fed Chairman Alan Greenspan said that a Greece debt default is "almost certain", something that very well could push the stumbling US economy back into recession.
Posted on June 17,2011 by
Jobs Report Good; Fed's Narayana Kocherlakota Says Rates Could Start Moving Up
The Labor Department job's report came in above expectations with nonfarm payrolls rising by 216,000 last month. Fed Presidents Plosser and Kocherlakota have both said they think rates may need to go up before the end of the year.
Posted on April 01,2011 by
Federal Reserve Leaves Rates Unchanged - Economy on Firmer Footing
The Federal Reserve today voted to keep rates pegged at 0 - .25%, offering little hope to savers but more good time for borrowers. The Fed's statement did contain some signs of hope though.
Posted on March 15,2011 by
The Impact of the Japanese Earthquake and Tsunami on US Savings, CD, and Mortgage Rates
The Japanese earthquake and tsunami are terrible humanitarian disasters. In today's global world, events in one country can quickly impact everyone. Just as the tsunami waves impacted the West Coast of the United States, it is worth pondering what the disaster's ripple effect will be on the US economy and rates.
Posted on March 14,2011 by
Inflation Likely to Remain Low Through 2013 According to Bernanke
In testimony before the Senate Banking Committee in Washington today, Fed Chairman Bernanke said that inflation was expected to remain low through 2013, despite the recent run-up in oil prices. That means bank rates will also remain at rock-bottom levels.
Posted on March 01,2011 by

Sol Nasisi

Sol Nasisi
Bio: Sol Nasisi, co-founder of BestCashCow, has over 12 years of experience in the banking and finance world. He worked at Bank of America where he was involved in a variety of product lines including online banking, deposit accounts, mortgage products, and home equity. He holds a particular interest in how digital technology can create more transparent financial markets for both institutions and investors. He received an MBA from the University of Texas at Austin and a BA from Tufts University. He is also a graduate of The Graduate School of Retail Bank Management sponsored by the Consumers Bankers Association. You can follow him on Twitter: http://twitter.com/#!/SolNasisi

Financial Video

Hard Ways to Earn Money: Babysitting Nightmare - Find out the easier way to save and earn more.
Posted on February 17,2012
Municipal Bond Market Review - Feb 2010 (Part I)
Posted on December 16,2010

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