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Selected category: Savings
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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.
Read →Even if the polls indicate that Hillary Clinton is the likely next President, there is a high risk right until the day of election that outside influences could cause the US to elect a President who is in the best case "unfit".
Read →With long CD rates compressing and yields in savings accounts enigmatic, this is a good time to look at one-year CDs.
Read →HSBC Bank's recent letter to those who opened promotional savings accounts over the summer may finally usher in an era of more competitive savings rates from major money center banks through their branch networks.
Read →For several years, Salem Five's online savings account has been one of the most competitive online accounts available. Many of our readers suggest that we remove it because it has features that are more onerous and difficult to understand than some of the other savings accounts listed on the site. BestCashCow.com recognizes these issues but feels that it Salem Five needs to be listed among the best yielding savings accounts because these issues can be worked around.
Read →In this low interest environment, the major money center banks have been offering next to nothing in interest for years. Citibank and Merrill now give you a reason to keep your cash with them.
Read →Greece lies on the brink of collapse. Puerto Rico debt obligations are all going to be restructured. Even if the worst case were to materialize (both default), US interest rates are not headed for a dramatic decline or even a retest of recent lows. They are headed up.
Read →As 10 year bond yields have gone from 1.80% to 2.15% over the last month, Janet Yellen, Bill Gross, Jeffrey Gundlach, Scott Mather and many others have made statements indicating that the bond bubble may finally be ready to burst. It is time to get serious about the potential consequences of the bond bubble bursting.
Read →I recently came across a new investment app that has become popular over the past year. The app, called Acorns provides a tool that rounds-up a user's debit or credit card purchases and then deposits that money into a portfolio comprised of ETF funds.
Read →Former Federal Reserve Chairman Ben Bernanke lifted the curtain on a new Blog he will write and it's already interesting reading for those who follow the interest rate environment. In it, he explains why interest rates are so low and directly addresses critics who have accused him of throwing seniors under the bus by engineering a low savings rate environment.
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