Still working on the newsletter. We’ve been looking at bringing on some additional products and services, and that research has been taking up quite a bit of time. Hopefully, over the next months, you will see some fruits of that. In the meantime, here are a couple of sites you can visit. Fighting Foreclosure is [Read More…]

I was reading Dwight’s daily post at WesCorp. And he is commenting on the Unemployment report (not good BTW). While the initial reaction to the Unemployment Report was one of relief, the fact remains that this was a very ugly report. There was nothing to feel good about. The survey that is used in calcutlating [Read More…]

The Fed held rates yesterday. The next meeting is August 5. Although they adjusted their stance slightly to indicate inflation was beginning to pose a higher risk, they really can’t do much since the economy is still limping along. It really seems like they are just paying lip service and hoping their words, alone, can [Read More…]

Reuters published an article today on the “evils” of brokered deposits. And now my gloves are off! Let’s get something straight. Deposits, brokered or otherwise are not the problem. The banks making poor management decisions are the problem. The problem is with the bank’s bad loans and poor investment decisions. It is not the accepting [Read More…]

Naturally, if there weren’t a question, I wouldn’t be writing this post. :O) Many, many people became concerned after the recent ANB Financial failure. So I figured I would provide some clarifications and hopefully helpful information. Here is the info from the FDIC (bolding added by me). POD accounts are insured up to $100,000 per [Read More…]

I really struggled with whether to make this post or not. It isn’t business related nor on topic for what the blog is usually about. I even have other posts I would like to make. But, I just felt the need to express a few thoughts. Regardless of your circles, you probably heard that Steven [Read More…]

Updated 5/15/2019 AAPR is no longer offering saving accounts through Huntington National Bank. For a list of AARP benefits see their site. Updated: 7/08/08. AARP had an amazing savings rate. They took in a lot funds and then kindly dropped the rate. It stands at 4.05% APY. The underlying bank is Huntington National Bank. Their [Read More…]

As many of you know, we host google ads on our site. Most of the Ads are for other sites also offering CD Rates and/or savings rates. Some are offering Corporate notes and other investment opportunities. We make no warrant or guarantee for these ads. At times, we do find it necessary to block certain [Read More…]

Although many hoped they would pause the Fed opted to lower rates by 0.25% today. This brings the Fed overnight rate down to 2.00%. I believe these rate drops are really prolonging the pain. Mortgage rates have not dropped in kind with the Fed Rate. And as the banks actually seem to be properly assessing [Read More…]

For many, this post may not mean much, but for others it will.? Search Engines, especially Google, have encouraged bloggers and webmasters to label links as “nofollow” if they are paid.? This basically tells the search engine to not give weight to that link. Many blogging software programs also incorporated it when people leave comments.? [Read More…]