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9 Major Mortgage Mistakes to Avoid to Keep Your Mortgage Pre-Approval Image Courtesy: Pexels

9 Major Mortgage Mistakes to Avoid to Keep Your Mortgage Pre-Approval

Mortgages often seem like a necessary evil for those of us who don’t can’t pay for a home outright, which let’s face it, is nearly everyone. Buying a home is a lengthy, exhausting process of talking to different... Read →
No Need to Rush Into Neo-Banks Image Courtesy: Pexels

No Need to Rush Into Neo-Banks

Unlike manufacturers, banks don’t make things. Unlike retailers, banks don’t sell things. Banks make money in three ways - the fees they charge for services, the interest they charge on the loans they make, and the income they... Read →
December 2018 Update – Five Nationally Available Online Savings And CD Accounts that Recently Raised their Rates Image NPS.gov

December 2018 Update – Five Nationally Available Online Savings And CD Accounts that Recently Raised their Rates

Savings and CD rates continued to firm in November. And, while much was made in the last few days concerning Fed Chairman Jay Powell’s unprecedented equivocation to presidential harassment, the Fed will likely raise the Fed Funds... Read →
Money Is On Sale Image Courtesy: Pexels

Money Is On Sale

If you turn on the TV, open the Sunday newspaper, or log on to anything, you’ll see that while the holiday season is about family and friends, it is also about savings money and getting the best deals (when spending money). What is... Read →
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 points to 2.25%... 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 making far out... 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 time an... 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.

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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 investments... 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 sexy than... 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 pioneer in mobile banking, provides some of the most valuable credit card offers for consumers and small businesses,... 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. Unless Trump fires Jay Powell, the... 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 Funds rate to a 2.25% - 2.50%... 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 Certificates of Deposit that they may have bought a couple of... 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 bank. Since... Read →