... jump online to quickly see what’s available.
Bankrate.com is a great resource for this. As of yesterday, their site listed the national average for a 30-year fixed rate loan at 7.14%. The Wall Street ...
... doubt she used that word lightly. As we’ve discussed previously, our debt ceiling is an arbitrary dollar amount that Congress has for years typically raised or suspended for a time. It’s been this way ...
Good morning and I hope your day is going well so far. I’m at a conference as I write so this week’s post will be brief. This is the first in-person conference I’ve been to in a few years for obvious reasons ...
... For me getting past mid-April is a bit of a relief each year from no longer wondering what the final bill was going to be.
But it’s also a time for wondering just where all that money goes. Different ...
... give up and let it ride for another year (or five!).
The Federal Trade Commission has recently proposed a new rule that would require companies to make it as easy to cancel services as it was to sign ...
... performance last year. That may be true, but we still need to navigate the market we have and not wait for the one we hope for. At least according to JPMorgan, the one we have is this: We’re heading into ...
... in bonds. Both asset classes were down last year, so it’s great to see positive returns to start 2023. Those returns weren’t easy to come by. Whether it was continued news about inflation and how much ...
... income lasting X years, or maybe the rest of your life. You pay a present value for that future income stream and the annuity company, on it’s own, promises to keep paying. That’s pretty simple and there ...
... worsening market and economic conditions. Both Merrill and CS failures resulted from years of bad risk management but, in the case of CS, also the bad luck of showing the last of a lengthy string of big ...
... the other two failed banks had to address these questions, chose the riskier paths, and are now paying the price. SVB grew quickly in recent years and invested excess deposits in longer-term bonds when ...