Articles
Selected category: Savings
Image Courtesy: Daily Mail
2018 Starts with A Bang!
2018 started with a complete bang in global financial markets. The Dow Jones Industrial Average broke 25000 and seems well on its way to 26000. Not only did our President say that it could go much higher in 2018, but so did David Tepper.... Read →
Image Courtesy: In Your State
Blue States Thinking Creatively In Response to 2018 Federal Property Tax Deductibility Changes
Blue States are working hard to overcome many of the hits they took following the all-Republican Tax Law – a law that decidedly disadvantage Blue high-tax states like New York, New Jersey, Connecticut, Illinois and California. ... Read →
Image Courtesy: Pexels
2018 Is A Lousy Year to Leave Your Money Where It Earns Nothing
Happy New Year! 2018 is going to be a great year. Will it be another barnburner on the stock market like 2017? Maybe, but you sure cannot bet everything on it. What you can be sure of is that savings rates have moved up. There are... Read →
Bitcoin and Blockchain: “That’s OK. I Didn’t Really Understand It At First Either”
I am old enough to have lived through 1999 and 2000. Actually, I am old enough to say that it is part of my adult experience. I worked in the internet and telecom sector then. We were building real things and the world was being... Read →
Image Wikipedia
New Tax "Cut" Not Really A Christmas Gift for America
The details of Donald Trump’s and Congressional Republicans’ tax cut have only just come out. And, the details tell all. First, I would not go out and celebrate, unless you: are in the real estate business run a... Read →
Image Courtesy: CNBC
Fed Funds Rate is Raised to 1.25%
The Federal Reserve, acting today in Janet Yellen’s final meeting as the Chairman, voted to raise the Fed Funds rate by 25 basis points. The Fed funds target rate is now 1.25% to 1.50%. The Fed is continuing to guide towards three... Read →
Our Predictions for 2018
It is that time of year – the end of one and the beginning of another. Every pundit is adding their economic predictions, so we’ll add ours. We’ll begin with one caveat. We had not seen the S&P going to 2600 in... Read →
Image Courtesy: Wall Street Journal
What Jerome Powell’s Confirmation Means for You
Like any American who has one iota of intelligence or historical perspective, I am outraged by our country’s loss of civility and direction at the hands of the Republican (now Trumpian) Party. The tax bill, in particular, is an... Read →
Image Courtesy: Pexels
10 Money Saving Tips for Seniors
Life as a senior brings all sorts of new challenges – good and bad. It can be a wonderful time, if you stay positive and healthy, enjoying new and old friends and doing the things you’ve always wanted to do. The key challenges... Read →
Image Courtesy: Pexels
20 Simple Money Moves to Get on the Right Path to Saving for the Future
Anyone planning for their future – including you – is well served to try to set aside some of the resources that you earn today for tomorrow. At BestCashCow, we do not believe that there is anything to be gained by living an... Read →
Wire Transfers versus Automated Clearing House (ACH) Transfers
In the many years since BestCashCow was founded, we have received a fair number of emails from readers asking various technical questions about how their online savings accounts operate. Perhaps the most common question... Read →
Image Courtesy: Pexels
ATM Fees Go Through The Roof - How To Avoid Them
ATM fees hit a record high for the 11th year in a row, according to a recent Bankrate.com study. According to the study, the average total cost of an out-of-network ATM withdrawal is now $4.69, up 2.6 percent from $4.57 last year. In New... Read →
You Are About to Get Killed in Bonds
Many investors, commentators and financial managers have perpetuated and subscribed to the fiction that those who want to protect themselves from an overvalued stock market should be moving to bonds. In fact, a recent New York Times piece,... Read →
Portfolio Drift
While Donald Trump has certainly caused concern to some over his style and actions as President, few have been anything but jubilant over the impressive rise in the stock market since January. Actually, if one looks back to late 2008 when... Read →