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Berkshire selling J&J, P&G stakes

Warren Buffett's Berkshire Hathaway has been selling shares in Johnson & Johnson, Proctor and Gamble and ConocoPhillips during the last quarter. Is Buffett bearish on the stock market?

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Series I Bonds are currently paying 3.36% and are state and local tax free (and federal tax deferred). They can't be sold for 1 year so can be compared to a 1-year CD.

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The minutes from the Fed's January FOMC meeting show guarded optimism about the economy. But deeds say more than words, and in the end the Fed decided to stick with their statement that conditions "warrant exceptionally low levels... Read →
Greg McBride from Bankrate says that he expects mortgage rates to rise half a percent or 50 basis points as the Fed stops buying mortgage backed securities. This is consistent with our own internal BestCashCow projections. The end of the... Read →

CNB Bank Direct today raised the rates on its 12,18, and 24 month certificates of deposit. It's a welcome change from the constant rate decreases we've seen over the past year. To take advantage of these rates, you must first have a CNB high yield savings account.

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BestCashCow's Lynne Ashminov interviews Tom Doe from Municipal Market Advisors on what's happening in the municipal bond market. The interview includes current municipal bond opportunities, an assessment of municipal bond credit risk, and Tom's opinion of the biggest challenge facing muni investors today. Part I of a two part interview.

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Savings rates and CD rates were little changed from a week ago, with rates moving 1 or 2 basis points for the various products. The top rates for various cd terms and savings accounts were unchanged from a week ago. The spread between short term and longer term deposit accounts remained elevated.

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Do you make a habit of applying and using store credit cards? If so, you could be putting yourself at a disadvantage.

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Everybody keeps talking about how bad the mortgage industry is doing the past couple years. Could things be turning around for the better?

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Once again, tax-exempt municipal bonds outperformed the Treasury market last week, although this may have been due to inattention during a holiday-shortened trading schedule and the large East Coast snowstorms. Still, demand remains exceptionally strong, fueled by investors fleeing the tax-exempt money funds and looking for a safe shelter from rising income tax rates.

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China is rising and the US is in terminal decline. Is the end near and what do the next 100 years hold for global economic dominance?

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The new credit regulations are throwing the credit card industry into a tailspin. Many business owners are turning to their business cards to charge things, but is this the best option for them?

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Fifteen-Year Fixed Mortgages Gaining in Popularity

With mortgage rates below five percent, many homeowners are refinancing their mortgage. But what is the most popular mortgage that people are choosing these days?

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The budget deficit is bad and according to the latest budget projections only going to get worse. While revenue is expected to remain relatively flat, spending is going to skyrocket due to spending on entitlement programs. The graph below... Read →