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Here's a Wall Street Journal article that's stating the obvious if you read BestCashCow. Money market funds, not money market accounts, are returning close to 0%. On BestCashCow, the highest money market fund rate is W&R... Read →

Hudson City Bank if offering a 2-year CD that pays 2.50% APY. That's the top 2 year CD rate according to the BestCashCow rate tables.

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The low interest rate environment we're in makes it a good time to transfer wealth to heirs via loans or more arcane financial structures with names like SCINs, GRATs and IDGTs. The topic is becoming hot and WSJ did a great article... Read →
Remember that movie a few years back or so where our hero is on his way to his dead end software engineering job and he gets caught in rush hour traffic? Every time he switches lanes to one that is moving faster it stops dead. He always... Read →

Nearly everybody, especially us men, like to think we are somewhat of a market timing guru, when in fact I have only ever seen one person who could ever time the market effectively. So maybe it is time we began following the old addage, you gotta be in it to win it, and begin investing. Good Luck and Happy Investing

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Many prepaid 529 college savings plans are going broke, caught between a crashed stock market and huge inflation in college tuition costs. The result is that many of these plans do not have the assets to pay the tuition of the... Read →

Is the economy headed for a recovery or are we getting ready to sink back into recession? Is the stock market rise for real? Since reaching a bottom of 6,448 in March the market has risen to nearly 10,000 in late September (9,820). Despite the markets rise, bond yields have remained flat.

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Before pulling the trigger on a mutual fund, you may want to read the prospectus; well you may not want to, but it can be useful.

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Aurora Bank is offering a 2.45% APY 2-year CD. Aurora Bank was formally known as Lehman Brothers Bank and after its parent firm's bankruptcy changed its name to Aurora. The bank did not go bankrupt with its parent.

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A native Chicagoan believes that the best outcome for the city is for another city to host the 2016 Olympics.

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"You are evil, thieving bastards," so says Ann Minch in a video in which she blasts Bank of America for raising the rate on her credit card to 30%.

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The FDIC announced two significant pieces of information today: it estimates that the cost of bank failures would rise to $100 billion over the next four years, and that it was going to pre-assess banks today for payments through 2012. The... Read →

newDominionDirect.com is offering a 2.76% APY 36 Month CD. That's currentlyl (9/29/09) the top CD rate for that term.

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As the equity market continues to do well, investors think less and less about bonds, and often forget some small but significant details. Here are ten things you probably knew, but may have forgotten. Happy Investing

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While the stock market has rallied 50% in the past six months, yields on Treasury notes, bills, and bonds have barely budged. What's up with that? Carol Baum had a good article in Bloomberg that posted a few potential scenarios. They... Read →