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Paulson's comments today convinced me that what I feared is true - the wizards managing the economy really can't do much to stop the economic damage. The most they can hope to do is manage and contain it. The TARP, even in its new incarnation is not enough to stem the mortgage related bubble damage.
Read →There's a lot of bad news out there so I thought I would start a series that only focuses on the positives. I hope to post every few days. If you come across a positive story, leave me a comment below. I'll check it out and if it fits post it along with an attribution to you. Remember, there are always two sides to every story, and where things are bad there is also the good.
Read →Sovereign Bank is offering a competitive 4.25% APY 12-Month CD.
Read →Fannie Mae, Freddie Mac, and Citi have announced plans to cut mortgage payments or princpal on some loans and extend payment terms on others. Cutting principal, where do I sign up.
Read →E Loan is offering a $25 bonus for opening an online savings account.
Read →The hidden story in the economy is the fact that oil prices have collapsed. For the Sheiks in the Middle East and Vladimir Putin, this is bad. For people like you and me, it's great.
Read →Hard times put a lot of stress on companies. Companies that were already in trouble will not make it.
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Does Opening a Savings, CD, or Checking Account Impact on Your Credit Score?
We have all heard stories about how applying for many savings or cd accounts can have an adverse impact on your credit score. According to conventional wisdom, some banks do a hard pull on your credit and these pulls can cause your score to... Read →iGObanking.com is offering a competitive 9 month CD paying 4.15% APY.
Read →Analysis of how savings account rates and certificate of deposit rates (cds) are trending base on current and historical data.
Read →The AHA is coming up this weekend. There are a few good trades I see going in to the meeting. These are stocks I have talked about before, but there are good new reasons to looks at them
Read →In September, the FDIC raised the limit on deposit insurance from $100,000 per person to $250,000 per person. But the increase is not permanent. And after December 31, 2009, FDIC is set to roll back. That's important information for anyone interested in investing in longer-term CDs.
Read →The US Treasury announced its new I Bond rate of 5.64% after adding the fixed and variable components.
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