Musings on Money, Personal Finance, Frugality, Debt, and Other Matters
After the recent cut in the Federal Funds Rate, it is anticipated that most high yield savings accounts will follow suit and decrease the interest rates offered on deposits. In fact, a couple of fellow bloggers reported yesterday that ING Direct has already reduced it’s savings account interest rate from 4.50% (yawn) to 4.30% […]
Add to: del.icio.us | Digg | Yahoo MyWeb | Google | Netscape | StumbleUponLet’s talk a little bit about short term interest rates in a layman’s language. The US Federal Reserve adjusts the short term interest rates according to market conditions. The most *popular* of these rates is the Federal Funds Rate - that’s the one you usually hear about on websites, TVs, and newspapers. This […]
Add to: del.icio.us | Digg | Yahoo MyWeb | Google | Netscape | StumbleUpon For those who missed the action, here is a piece of it.
He is either faking it (not uncommon on American television) or he is pretty near to having a heart attack.
We should probably put Jim Cramer, Bill Poole, and Ben Bernanke on The Jerry Springer Show someday.
If you enjoy reading this blog, make sure […]
Long time back, I wrote a post on the calculations behind the rule of 72 with regards to estimating the time it takes to double your initial investment. The focus of that post was to understand exactly how the rule of 72 works and whether it is accurate for all rates of return (ROR). I […]
Add to: del.icio.us | Digg | Yahoo MyWeb | Google | Netscape | StumbleUponI mentioned in an earlier post that, about six months ago, I involved myself in some 0% APR credit card arbitrage. Here, I will document a few things about my current credit score (as compared to my score before the arbitrage), that may interest some of you. If you don’t know what I am talking […]
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