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Federal Reserve Chairman Jerome Powell Bows to President Trump, Setting Dangerous Precedent Image Yahoo!

Federal Reserve Chairman Jerome Powell Bows to President Trump, Setting Dangerous Precedent

Jerome Powell in his speech this morning at the Economic Club of New York stated that the Federal Reserve is “just below” its neutral rate.

The Federal Reserve is poised to raise the Fed Funds rate by 25 basis point... Read →

Ray Dalio’s Advice is Not For You Image Courtesy: CNBC

Ray Dalio’s Advice is Not For You

Ray Dalio is a Greenwich-based hedge fund manager.   I don’t know Ray, but by all accounts he is a very successful operator with excellent performance and a smart guy.

Dalio has recently been playing his hand at... Read →

A Lesson for your Kids about Math and Money Image Courtesy: Pexels

A Lesson for your Kids about Math and Money

It’s very hard to figure out when and how to discuss money with your children.  It’s almost as difficult, surprisingly, as talking with them about sex.  But there is an easy way, one that also gives them at the same... Read →

The Joke is on Me and Lots of Others Image Courtesy: wgauradio.com

The Joke is on Me and Lots of Others

Georgia's election outcome and the Brian Kemp systematically disenfranchised votes shows that Georgia is not everything we had hoped.

Read →
Long Island City Gets Amazon; Alexandria Ocasio-Cortez and Other Protestors Misguided Image Courtesy: Wikipedia

Long Island City Gets Amazon; Alexandria Ocasio-Cortez and Other Protestors Misguided

I live in New York and have for many years.   I have been a big beneficiary of the fact that this City, under Michael Bloomberg’s and Bill De Blasio’s leadership, has attracted Google and now Amazon to make major in... Read →

Sexy and Dangerous: Avoid the 3.50% Toronto Dominion Callable Step-Up CD Image Courtesy: Pexels

Sexy and Dangerous: Avoid the 3.50% Toronto Dominion Callable Step-Up CD

TD Ameritrade is sending out notices to some of its clients offering a new callable step-up CD offered by Toronto Dominion, its parent.

This new product - which offers an initial 3.50% APY interest rate - is dramatically more s... Read →

Avoid Chase’s New "You Invest" Program Image Copyright: BestCashCow

Avoid Chase’s New "You Invest" Program

JP Morgan Chase has always been a torchbearer in the banking arena.   Under Jamie Dimon’s leadership, it has become a pione... Read →

BestCashCow's Best Bets in Online Savings and Money Market Accounts for 2019

The Federal Reserve moved in September 2018 to a 2 – 2.25% Fed Funds rate, and savings and money market rates are now firmly above 2%.    

Interest rates are poised to go up again in December 2018.  Un... Read →

November 2018 Update – Five Nationally Available Online Savings And CD Accounts to Consider Image Courtesy: KNKX

November 2018 Update – Five Nationally Available Online Savings And CD Accounts to Consider

Online savings and CD rates rose in October.  We continue to favor savings rates over CD rates.   It remains likely that the Federal Reserve will raise the Fed Funds rate from its current 2.00 – 2.25% Fed F... Read →

How to Avoid Early Withdrawal Fees on A CD Image Courtesy: Pexels

How to Avoid Early Withdrawal Fees on A CD

As interest rates have begun to rise, I’ve received numerous questions from readers asking about ways that they can get out of paying early withdrawal fees on long-term C... Read →

No Penalty CDs May Offer An Easy Way to Boost to Your Savings Rates Image Courtesy: Pexels

No Penalty CDs May Offer An Easy Way to Boost to Your Savings Rates

Here at BestCashCow, we have been a fan of the No Penalty Certificate of Deposit since Ally began offering it years ago.   It ordinarily offers depositors a slight improvement over a comparable savings rate at the same online b... Read →

The Caravan – Tragic but Brilliant Image Courtesy: CNN

The Caravan – Tragic but Brilliant

While the Republicans make noises about deep-pocket Democrats seeding dissent and organizing protests in Central America, imagine for a moment what is really happening.  And what is happening is very simply one of the most well plan... Read →

Amazon Is Getting on My Nerves Image Courtesy: Amazon

Amazon Is Getting on My Nerves

It’s been a year since Amazon began its “secretive” review of a location for its second major operating headquarters. 

And, it has now reached the absurd.  At first it was fun trying to psych out the... Read →

Chase Unveils Sapphire Banking; It is Worth a Look for Those with $75,000 Image Copyright: BestCashCow.com

Chase Unveils Sapphire Banking; It is Worth a Look for Those with $75,000

Here at BestCashCow, we’ve always been big proponents of earning the highest possible interest on your cash accounts (savings, Read →

Finally Online Banks Are Highlighting Low Rates At Money Center Banks Image Copyright: BestCashCow

Finally Online Banks Are Highlighting Low Rates At Money Center Banks

One of the most amazing things over the last years has been the huge difference between interest that could be earned from savings and CDs in online banks as compared with that earned at the major brick-and-mortar banks (Chase, Bank of A... Read →