Articles
Selected category: Savings
In his 2014 State of the Union address President Obama introduced the myRA account and said that the Treasury was taking action to make it available by the end of the year. The account will offer a decent rate of return for a federally guaranteed savings product but comes with some limitations.
Read →The Fed is still trying to stimulate the economy, including raising the inflation rate. Could it use a theoretical concept called "surprise inflation" to shock the economy and give it a lift? How would "surprise inflation" impact savers and borrowers?
Read →A person who has put together $5 to $10 million in liquid assets needs to manage cash differently from someone with $50 million +.
Read →A recent experience I had with an online bank after they lowered their online savings rate demonstrates how perilous rate chasing can quickly become.
Read →What are Bitcoins and should you get involved with the new currency that is all over the news and media.?
Read →I have written several previous articles on this website about Structured Notes. Structured Notes involve real risks. I continue to advocate that those Notes based entirely on equity or currency baskets should be avoided all together in favor of better instruments in the ETF and hedge fund spaces. Nevertheless, I continue to believe that those trying to put money away safely with a long horizon can pick up yield by placing some small part of their assets in debt-side Structured Notes.
Read →Below is my list of financial software tools that I find to be the most useful in helping grow and manage your savings. I've focused on tools for those in their twenties or thirties but these tools could benefit any age group.
Read →Citibank is syndicating an interesting Structured Note which is very similar to the one issued by JP Morgan last month, but is callable, has a 10% coupon and has no S&P contingency.
Read →There is a lot of information available on how much of a retirees portfolio should include of stocks and bonds but when it comes to cash, the information is almost non-existent (for the purpose of this article, I am defining cash as money held in a bank or credit union and covered by FDIC or NCUA insurance). Interested, I went in search of answers and found some good advice that can guide any retiree when thinking about the cash component of their saving and investing plan.
Read →JP Morgan Chase is currently syndicating what may be its most interesting Structured Note offering in years.
Read →Janet Yellen's nomination to be the Chairwoman of the Federal Reserve means the Fed's low rate policy will remain in place into the future.
Read →Cash is always the safest place to put your money in a crisis. Against the prospect of a dramatic slowdown in the economy stemming from a sovereign default, cash again seems like a safe haven. A US default will lead to real stock and bond market declines and almost certainly a drop of commodity and real estate values.
Read →Many Massachusetts-based banks now offer competitive online savings accounts. Can depositors rely on the Commonwealth's Depositors Insurance Fund and deposit amounts over FDIC limits in these banks?
Read →Duke Energy has begun to advertise an unsecured commercial paper program. While the company is offering yields that are as high as 1.51%, these notes are uninsured, and hence represent an inappropriate place to stash cash for most.
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