Hey everybody! I’m excited to bring you a guest post today. It is on a topic that I don’t generally write about, because we focus on helping people who need to invest funds. Marie Nelson provides some tips for a blue print to get out of debt, plan for financial freedom and then hopefully you [Read More…]

Sometimes I hate being right. I am often asked for a certificate of deposit rate forecast and last week I made a doozy. Unfortunately, it seems to be coming true. I predicted that 1-year CD rates would be heading towards 0.50% and 5-year CDs down to 1.50%. When you remove the top players, we are [Read More…]

[Note: Updated: 8/23/10] I haven’t posted rates for sometime. So here are a few that I’m aware of. These rates are for personal deposits. Rates are posted as the APY unless stated otherwise. Alliant Federal Credit Union — 1-Year at 1.75%, 18-months at 2.00%, 2-year at 2.25%. They pay interest at maturity only. They also [Read More…]

On Wednesday, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. This was touted as the largest set of financial reforms since The Great Depression. Only time will tell if that is true or not. The good news is that tucked into the bill was making the $250,000 FDIC insurance [Read More…]

This is pretty exciting news. A story in MarketWatch mentioned that a House Panel has voted 12 to 7 to make the $250,000 FDIC insurance limit permanent. In addition, it would make it retroactive to January 1, 2008. This would certainly help people who lost funds in the ANB Failure in May of 2008 and [Read More…]

We have seen more rates decreasing again this month. The highest Certificate of Deposit rates for one year with healthy banks are averaging below 1.25%. One Star to Two star rated banks are still popping in around 1.50%. We heard that a bank in Puerto Rico was offering a 2.25%, but only for local credit [Read More…]

Have a couple of good CD rates. 14-mo at 1.93% APY. Bauer — 3-Stars. TheStreet — B-. FDIC Insured Bank. 2-year at 2.49% APY. Bauer — 4-stars. TheStreet — D+. This is sort of an enigma. We use a third rating system that also rates them above average. I looked at the data and they [Read More…]

Update: April 30, 2012: A reader stumbled upon this post. This was posted back in April 2010. It does show you how far down rates have gone. However, unfortunately since it hadn’t been updated, they thought they had discovered a goldmine of a rate. I apologize for that. I have updated the rates. We’ve got [Read More…]

Well, I finally completed the article writing challenge. I wrote over 15,000 words in 30-days. Those that know me, probably wonder how I kept it so short. :O) Anyway, if you are curious about my adventure, check this out, How to Make Money Writing Articles Many of the articles I wrote featured CD rates in [Read More…]

I wrote a series of articles on various investments that are generally deemed safe. They are posted with an article directory that I’ve enjoyed writing for. Anyway, here are the links to my safe investment guides. Let me know what you think. Safe Investments Part I Safe Investments Part II Safe Investments Part III Safe [Read More…]