Good luck growing your nest egg with the rates the average savings account pays in America! Below is a savings account rate heat map state-by-state.
Read More »Don’t Bail Out of Stocks & Pile Into Cash – Here’s Why
Don't give in to your flight instinct in response to the latest stock market volatility. Running for cover in cash right now promises to be the worst possible move. I know, I know. Cash is supposed to be the ultimate safe haven. A riskless investment, if you will but, in truth, cash is the proverbial "Death Star". [Let me explain why and show you some irrefutable proof.] Words: 544; Charts: 3
Read More »Canadians: Watch Out for Fake $100 Bills! Here’s How (+2K Views)
Better safe than sorry, right? Whenever you’re receiving a bill...make sure to check whether it’s fake or not. If you think it’s fake, don’t accept the bill and ask for another one. Check that one too. Here's how.
Read More »What Could Dropping Consumer Debt Mean for the S&P 500?
In the third quarter 2007 the American consumer was way out of shape when it came to the percentage of debt payments to disposable income, hitting a 30-year high at 14%... Today the ratio is nearing 30-year lows! Could this be good news for the markets???
Read More »What Are P2P Currencies (Bitcoin & Litecoin)? Should We Get Some? (+4K Views)
Bitcoin is the first peer-to-peer (P2P) digital currency and payment system to gain significant interest. This month its marketcap surpassed $1 billion. [Below is a description of what Bitcoin is, and isn't, and why it has caught on to the extent it has.]
Read More »Bitcoin Is Ushering In a New Monetary Era – Here’s Why (+2K Views)
What currency is feared by the European Central Bank as a threat to fiat monetary institutions? What currency is cash-like, but digitally transmittable allowing for ultimate anonymity and global mobility? What digital currency is up over 2,200% over the last year? The answer? Bitcoin.
Read More »Didn’t You Know? You’ve Already Agreed to Let Banks Freeze or Seize Your Deposits Under Certain Circumstances (+3K Views)
The funds you have placed on deposit and the property you thought was secured in your safe deposit box may not be safe under certain circumstances. They may, in fact, all end up belonging to the bank and not to you.
Read More »Protect Your Bank Account Balance From Increasing Cyber Attacks – Here’s How (Almost 2K Views)
The mainstream media has generally been very quiet about the massive cyber attacks against our major banks, but behind the scenes authorities are truly alarmed. They don't know how to stop them, and they just keep getting more intense and more sophisticated. In fact, major U.S. bank websites have been offline for a total of 249 hours over the past six weeks. [Imagine if you] (like thousands upon thousands of Chase customers last month) logged into your bank account only to discover that your balance had all been reset to zero... [Here's what to do to protect yourself.] Words: 960
Read More »Guess What % of Americans STILL Have More Credit Card Debt Than Savings (+2K Views)
The economy is slowly hobbling back to health but for many Americans the rainy day fund is still looking a little dry, the credit card bill is still looking a little scary [Unfortunately, the liklihood is that,] as the economy strengthens further, many Americans will...spend their new found extra cash rather than save it. Words: 474
Read More »U.S. Gov’t May Want to “Help” You Manage Your Retirement Account! Really?
When the government runs out of money, or they face a drying up in interest for its debt, they will come for the $19.4 trillion in Americans' retirement accounts. It seems that day may be finally drawing near. Here's why.
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