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drake / Upcoming

Bank Profits Somehow Increasing Even Though Economy Worsening

Posted by drake 1132 days ago (http://www.bestcashcow.com)
Category: Economy | Tags: bank of america banks economy
So here's an interesting question: how are bank profits increasing when the economy and many of the loans written by the banks are in worse shape th[...] read more »
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Switching from a giant monster mega-bank to a credit union is easier than you think

Posted by drake 1133 days ago (http://bankdeals.blogspot.com)
Category: Personal Finance | Tags: bank fees banks credit unions
With the news of many Giant Monster Mega-Banks increasing their fees, this is a good time to consider switching to a credit union for your primary ba[...] read more »
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Leveraged ETFs Lead to Gains, Unease - WSJ.com

Posted by drake 1134 days ago (http://online.wsj.com)
Category: Stocks | Tags: etfs leveraged etfs stock market
New research suggests that on days when the indexes make big moves, leveraged exchange-traded funds could trigger a trading cascade, turning the mark[...] read more »
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Top Online Savings Accounts - Best Yields and the Strongest Banks

Posted by drake 1134 days ago (http://bankdeals.blogspot.com)
Category: Personal Finance | Tags: online banks savings accounts
A high yield isn't the only thing to consider for an internet savings account. You also want one free of monthly fees and with a bank-to-bank transf[...] read more »
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Series I Savings Bonds: How can Zero Percent Be a Good Deal?

Posted by drake 1138 days ago (http://bankdeals.blogspot.com)
Category: Personal Finance | Tags: inflation savings bonds treasury
Starting in May the inflation component of the I Bond will be a record low of -5.55%. This will cause all existing I Bonds to have a 0% rate for a 6-[...] read more »
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Wells Fargo Profits on the Backs of Savers

Posted by drake 1144 days ago (http://www.bestcashcow.com)
Category: Business | Tags: banks wells fargo deposit rates
Wells Fargo posted a first quarter profit today that exceeded analysts expectations. CFO Howard Atkins came right out and said it was because they ar[...] read more »
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Sizing Up Wells Fargo's Surprise - BusinessWeek

Posted by drake 1144 days ago (http://www.businessweek.com)
Category: Economy | Tags: banking wells fargo
The company's record Q1 profit amid a financial crisis is a testament to its overall strength. But does it signal good news for other banks? read more »
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Comparison of Stock Returns to Savings Account Returns Shows Buy and Hold Bad Idea

Posted by drake 1145 days ago (http://www.bestcashcow.com)
Category: Personal Finance | Tags: investing savings accounts stocks
How much more would an investor who put their money in the stock market would have earned versus someone who just stuck it into an FDIC insured savin[...] read more »
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More Investors Say Bye-Bye to Buy-and-Hold - Fool's Game or Smart Decision?

Posted by drake 1146 days ago (http://online.wsj.com)
Category: Stocks | Tags: stocks active trading buy and hold
This bear market is prompting more retail investors to abandon buy-and-hold strategies in favor of opportunistic trading. Experts like John Bogle cla[...] read more »
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Can the AP Out-Google Google? or Digg? or Tipd? or Other News Aggregators?

Posted by drake 1146 days ago (http://www.businessweek.com)
Category: Business | Tags: google media newspapers ap news
To compete with what it deems Google's "misappropriation" of its news, the Associated Press wants to fight back by building its own news aggregato[...] read more »
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Six Top-Notch Bond Funds - Barrons.com

Posted by drake 1146 days ago (http://online.barrons.com)
Category: Funds and ETFs | Tags: bonds investing bond funds
The volatility of the stock market has caused many investors to stash their cash in certificates of deposit and money-market funds. But investors sho[...] read more »
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The Case Against the College Degree

Posted by drake 1152 days ago (http://www.smartmoney.com)
Category: Personal Finance | Tags: college education education costs
The four-year college degree has come to cost too much and prove too little. It's now a bad deal for the average student, family, employer, professo[...] read more »
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Seven Things You're Wasting Money On

Posted by drake 1157 days ago (http://online.wsj.com)
Category: Personal Finance | Tags: personal finance saving money
Before you blame your daily jaunt to Starbucks or weekly trip to the movies for breaking your budget, take a good hard look at how much you're payin[...] read more »
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SEC Shuts Down Another CD Ponzi Scheme - Caribbean-based Millennium Bank

Posted by drake 1158 days ago (http://bankdeals.blogspot.com)
Category: Personal Finance | Tags: cds offshore banks ponzi schemes
It's another lesson to stay away from offshore banks advertising high-rate CDs. Millennium Bank has been advertising its high-yield CDs on the web f[...] read more »
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Banks Make a Killing on Overdraft Charges - Help End This

Posted by drake 1161 days ago (http://blogs.wsj.com)
Category: Personal Finance | Tags: bank fees banks overdraft protection
Most would prefer to have a debit card purchase denied rather than being charged a $27 fee. Banks make it hard for us to choose this. The Fed is cons[...] read more »
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