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Jeffrey Epstein Did Not Die By Suicide; He was Murdered Image Courtesy: NYS Division of Criminal Justice

Jeffrey Epstein Did Not Die By Suicide; He was Murdered

In this day and age, it is hard to take everything that you see and hear at face value.   That’s true of the news this morning that Jeffrey Epstein died by suicide.

Epstein was being held in a Federal prison in ... Read →

August 2019 Savings and CD Update – Drawing a Line in the Sand Image Courtesy: Pexels

August 2019 Savings and CD Update – Drawing a Line in the Sand

It is August and that means that you should be at the beach.   While you are there, we suggest you draw a line in the sand.  

Last week, the Federal Reserve moved to lower the Fed Funds rate to a range of 2.... Read →

The Hyatt Regency Tokyo Offers Outstanding Redemption Value at 12,000 Points per Night

I recently stayed for three nights at the Hyatt Regency in Tokyo.   The hotel was clearly Hyatt’s flagship property in Japan when built in 1980.   And, while it has seen finer days and the rooms have not been re... Read →

Considering Delta One to Japan? Think Again

I recently flew Delta One from Minneapolis to Tokyo.   While I used to fly Delta all the time to Europe when it dominated routes from Atlanta and New York to Germany, Spain and Moscow, it has not been my airline of choice for m... Read →

Fitness Bank is Offering 3% to Depositors Who Can Record 12,500 Steps a Day

Fitness Bank is a new subsidiary of Georgia-based Affinity Bank and has unveiled a savings offer that will be interesting to some.

The bank aims to encour... Read →

What is Jerome Powell Really Afraid Of? Image Courtesy: The Wall Street Journal

What is Jerome Powell Really Afraid Of?

Jerome Powell has been testifying in front of Congress for the last two days.   You have no doubt heard snippets of his testimony on the evening news or in the financial media.   Of note, if Trump calls him to fire hi... Read →

July 2019 Savings and CD Update – Interest Rates Are Falling; How To Continue to Earn A Decent Return on Cash Image Courtesy: Yellowstone-net

July 2019 Savings and CD Update – Interest Rates Are Falling; How To Continue to Earn A Decent Return on Cash

We have experienced a dramatic fall in interest rates in the US and following the Fed’s most recent meeting in June, CD rates greater than 1-year have come in dramatically.   Most recently one-year CD rates and even some ... Read →

The Fed Funds Rate is Unchanged at 2.25 to 2.50%; Savings And CD Rates Likely to Firm Image Courtesy: The Wall Street Journal

The Fed Funds Rate is Unchanged at 2.25 to 2.50%; Savings And CD Rates Likely to Firm

The Federal Reserve concluded its 2-day June meeting leaving the Fed Funds rate unchanged.    As it tries to remain independent of an unrestrained Executive branch that is compaigning for sharp cuts, it removed t... Read →

Merit Not Racism Image Courtesy: Thirteen.org

Merit Not Racism

In a recent front page New York Times article, the authors decried the loss of black and Hispani... Read →

Have Home Equity and Mortgage Rates Bottomed? Image Copyright: BestCashCow

Have Home Equity and Mortgage Rates Bottomed?

Long-term interest rates present a real conundrum here.    10-year rates have fallen from 3.05% to as low as 2.35% over the last six months.   Fears of a global recession and Brexit uncertainty have caused money ... Read →

Absolutely Impossible to Predict the Direction of Short-Term Interest Rates Now Image Copyright: BestCashCow

Absolutely Impossible to Predict the Direction of Short-Term Interest Rates Now

The two most common questions that we get at BestCashCow are “which direction are interest rates going?” and “how do I position myself now if the Fed raises or lowers?”

The answer to the first question d... Read →

Uber and Lyft Are At Least 7x to 10x Overvalued Image Courtesy: BBC

Uber and Lyft Are At Least 7x to 10x Overvalued

I am watching Bloomberg and CNBC this morning as Uber prepares to come public.   The discussion among analysts is on whether Uber and Lyft should be trading at 4 times sales or 6 times sales.   Lyft is a pure play US ... Read →

May 2019 Update – The Fed May Be On Hold for a While Image Courtesy: Explore Banff

May 2019 Update – The Fed May Be On Hold for a While

The Federal Reserve concluded its 2 days meeting yesterday and acted unanimously to hold the Fed Funds target rate to 2.25% to 2.50%.   Guidance continues to be for no more rate changes in 2019, as the Fed previously indicated ... Read →

Avoid The TIAA 4-year Diversified Assets Marketsafe CD

I’ve written about TIAA’s “Marketsafe CD” products, and those issued by Everbank prior to its acquisition by TIAA.   I’ve suggested that the offering of these products violates the 1933 Securities ... Read →