Articles
Selected category: Savings
Taking Away Benefits
I never believed I would say it, but the Republican majority in the House has not served the new President well. They have produced a pathetic and wholly inadequate replacement for Obamacare. If it goes through, their hastiness and their... Read →
Reading the Federal Reserve's Tea Leaves
BestCashCow provides the most comprehensive list of US savings accounts and CDs from online banks as well as from branch-based banks and credit unions. As such, we tend to get a lot of queries when the Fed raises interest rates, as it did... Read →
A Moment in Time - Kumbaya
America is in a moment unlike any before. And it is fueling a strange, albeit fleeting period of emphatically enthusiastic sentiments, simultaneously, in two major and almost always opposing segments of society. It is hard to think back... Read →
Not A Single American Hero
Throughout the long, ugly election campaign, no one stood up, save Mitt Romney who after the election seriously undercut the singular role he had fashioned. One can make the case that no one expected Trump to win, including most... Read →
It is Going to End Badly
Alan Greenspan called it Irrational Exuberance. Others have called it heady or intentional blindness. But however you look at the stock market’s performance since Donald Trump was elected, it is clear that reason is not operating... Read →
Why Interest Rates May Not Rise Quickly, or Much at All
In response to this article cautioning against buying long-term municipal bonds, I wanted to outline some reasons that interest rates may rise slowly, or not much at all. Here are some items that also need to be considered when factoring in... Read →
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Not Even Smoke and Mirrors
BestCashCow first projected that Trump’s extreme and malignant narcissism would cause him to fail properly to divorce from his assets in a way that would call into question his independence, his freedom from the emoluments clause, and... Read →
Retirees Face Uncertain Future
It is exceedingly hard to look even months out with a modicum of confidence as to coming trends and events. We are in the most uncertain of times. This is especially true for those in retirement. Over the last decade, really beginning... Read →
A Moment of Crisis
After only a few days of the Trump administration, led by an unstable president and his frightening trio (Bannon, Flynn, and Conway), the country is spiraling out of control. Strikes and protests abound throughout the country and abroad,... Read →
Irrational Exuberance
In 1996, when the then Federal Reserve Chair, Alan Greenspan coined the phrase “Irrational Exuberance”, it troubled folks but also incorrectly forecast a precipitous drop in the markets. It took another three years. It... Read →
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Heads in the Sand
We all, everyone of us, have our heads in the sands. Most of those who voted for Trump have yet to realize what they have wrought. But they will. The rest know now, but are unable to face the reality of it all. In fact, we are all... Read →
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If Ever There Was A Time ...
Donald Trump will be president in a matter of days, regardless of what Russia may have on him. He may be impeached in a matter of days too, but that is less certain. But, whatever the days ahead may have in store for us, under any of... Read →
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The Case Against Principal Protected Notes
With the stock market at its all time high, brokers at Merrill Lynch, Morgan Stanley and JP Morgan Asset Management are touting an instrument called “principal protected notes.” These notes come in a variety of different forms,... Read →
Toasters to Interest Rates
"It's very important, if you have something really important, write it out and have it delivered by courier, the old fashioned way because I'll tell you what, no computer is safe." Donald J. Trump, December 30, 2016,... Read →Following the Fed's movement of the Fed Funds rate to 50 basis points last week, we are finally seeing competition for your hard earned cash. Here are a couple of neat offers that caught our eye.
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