Posted on April 30th, 2011 by admin
Filed under Economics and Interest Rates |
The Federal Reserve which decides the direction of interest rates had a meeting this past week and they decided to keep interest rates where they are for now which will keep the highest savings account rates and CD rates low for 2012. Both savings rates and 1 year CD rates are at 0.75%. This isn’t good news [...]
Posted on April 19th, 2011 by admin
Filed under Economics and Interest Rates |
That’s right, good old uncle sam just got their long term outlook downgraded to negative, but you can rest knowing that the government can still borrow money. Imagine if you or I got a credit revision to “negative” do you think you’d be able to borrow money at 3.50 percent which is what the yield [...]
Posted on April 8th, 2011 by Wealth
Filed under Uncategorized |
As America recovers from the most severe financial recession since the Great Depression of the 1930s it’s critical that youstrengthen your finances for the future. Trillions of dollars have been lost since the 2008 financial crisis. Lost wealth the country will take years to get back. Only investment in the future will will the lost wealth be recovered. [...]