Articles
Selected category: Savings
Should I Open an Online Savings or Money Market Account?
Online banks offer some of the highest savings and money market rates in the banking world but many individuals are still nervous or skeptical about sending their money over the Internet. Yet today, opening an online savings... Read →
Savings and CD Rates Are Perking Up as We Head into Summer
Last Wednesday, the Federal Reserve raised the Fed Funds rate from a quarter basis point to a target rate of 1 to 1.25%. The move was widely expected, and gives hope to savers who have endured savings rates below zero for the almost a... Read →
Image Courtesy: Chicago Tribune
Stock Market Response to Trump Crisis
There is an excellent letter to the Editor in the New York Times by a citizen decrying the unending and ever more dangerous behavior of Donald Trump, and especially his reckless disregard for the country’s security and stability. In... Read →
WSJ Article Mistakenly Celebrates Bank of America's Low Interest Rate
There was an interesting article in the Wall Street Journal yesterday, entitled "Bank of America Pays Peanuts for Deposits but the Money Keeps Flowing In". The article highlights, actually celebrates, the fact that Bank of... Read →
Opening Your First Online Savings Account: 10 Factors to Consider
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 →
The Totalitarian Reign of the Airlines
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 →
As Market Hits Extraordinary Highs, Money Managers Appear Shell Shocked
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 →
Fear In America
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 →
Who is Managing The Store?
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 →
Image Courtesy: Belfast Newsletter
Teresa May Wants to Lose on June 8
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's Slide to Ruin
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 →
Image Courtesy: Channel NewsAsia
America's Fabric is Tearing
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 →
Image Courtesy: Sky News
Wouldn't It Be Amazing ...
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 →
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Russia’s Billionaires May Demand Putin Call in his Chips
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 →