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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 →
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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 →
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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 →
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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 →
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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
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 →
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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 →
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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 →
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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 →
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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 →
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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 →
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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 planned and... Read →
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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 location and then... Read →
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