Aug
27
Interest Rates Increasing?
August 27, 2008 | Leave a Comment
I received a solicitation from ING Direct today. Their 12 month CD rate is 4%. If you're a saver this is a good sign.
Interest rates have been terrible recently. If you're a saver and have a decent amount of money in a savings account or CD's you've most likely been losing money (with inflation).
I have [...]
Jul
30
The Real Reason I Paid Off My Mortgage
July 30, 2008 | 3 Comments
I paid off my mortgage last year. Why did I do it? The time was right for me and it still might be the right time for you to do the same thing. I'll explain why.
I've been on a rampage against the mortgage lately. In my last article (more reasons to pay off your mortgage), [...]
Mar
25
The Federal Reserve (the Fed), the central bank that everyone loves to hate, has lowered its target interest rate to 2.25%, down from 3%. The Fed is reducing rates in an attempt to stimulate the economy and prop up weak financial markets. What does this mean to you?
Well it’s either good or bad [...]