1.80%. That’s the highest paying FDIC-insured bank CD I could find on BankRate.com. And that’s only if keep my money tied up for five years! The average one-year CD pays just 0.72% APY. I remember when I worked for a community… Read More
Investing Basics
During the early 1970s, an Oregon track coach by the name of Bill Bowerman changed the world in his kitchen. Trying to develop a new running shoe that would help his athlete’s grip the surface of the track, Bowerman poured liquid… Read More
Wall Street strategists try way too hard to deliver a precise forecast of where the market is headed. They look at price-to-earnings (P/E) ratios, projected sales and profit growth rates,… Read More
Albert Einstein called it “the greatest mathematical discovery of all time.” For those who carry hefty debt on their monthly credit card bill, Einstein’s law of financial physics is not good news. But for the savvy investor, the principles of compound… Read More
You have to hand it to cable companies. For years, they continually boosted prices and still managed to retain customers. Only recently has their customer base begun to shrink modestly. But thanks to several recent developments, the pace of customer defections looks set to accelerate. This implies that sales and… Read More
Many investors have had the agonizing experience of hanging on to a stock and refusing to let go long after it became clear the stock was no longer a keeper. If that’s you, then you know what I’m talking about — the seemingly endless watching, waiting and hoping against all… Read More
I recently shared an important piece of news with readers of my High-Yield Investing newsletter that I think every dividend investor should know about. Last month, President Barack Obama tabled his $3.8 trillion budget for the 2013… Read More
On Wednesday, March 7, word got out that Netflix (Nasdaq: NFLX) has been in talks with several cable TV service providers with the intent of adding a Netflix option to the content already being offered by these cable companies. While no details of these meetings were… Read More
It’s increasingly clear that it’s the beginning of the end of the recent market rally. The major indexes have moved steadily higher since Oct. 1, 2011, with some of the more speculative stocks becoming the biggest gainers. These stocks weren’t cheap to begin… Read More
Investors have been trained to keep one eye on the economy, even as they assess the prospects for their various stock, bond and fund investments. Yet it’s what they track that is crucial. Some economic… Read More