Watch Out: the Government “Bail-In” is Spreading
Remember that Cyprus “bail-in” (otherwise known as stealing) from earlier this year? Those unlucky enough to have assets in those banks took a hefty haircut as the EU (European Union)...
Those with Low Credit Scores Again Able to Get Loans
One of the biggest movers of the economy is auto sales. Like home sales, the auto sales reports are watched closely by economists because as the sales pick up,...
Are You On Track to Max Out Your 401K Contributions?
Retirement, Savings & Investment
Your 401K is a retirement account that allows you to invest money with pre-tax dollars. In some cases, your employer may even match your contributions, essentially giving you free extra...
Forget QE And Taper, The Real Problem Is The Debt Itself
There is much talk of the quantitative easing (QE) program and it’s eventual unwinding, but it’s what happens after interest rates return to normal that has many people on edge....
As Pressure Builds, Fed’s Quantitative Easing More Likely To End Badly
Economic News, Savings & Investment
First it was QE (quantitative easing), then it was QE 2. followed quickly by QE 3 and now it is often called QE infinity, as the policy continues unabated. As...
Are Free Drug Samples Worth the Risk?
We all know that health care costs are going up at an alarming rate. Whenever we visit the doctor we often dread that bill that comes with, not to...
How Much to Put in Your Rainy Day Fund
Planning ahead, it might be smart to put together a rainy day fund for emergency expenses and potential unemployment. But how much should you put in it?
Texting while Driving Is Bad, But Daydreaming and Driving Is Even Worse
We have, by now, all seen a news report or read an article on how talking on the phone while driving, or worse still, texting, can lead to accidents. And...
PrimeRates Market Talk: No Data, No Problem
With the shutdown continuing, the markets keep taking things in stride. Maybe we should have the government shut down more often! Today will be another day with no economic numbers,...
4 Reasons Your Spouse Should Open an IRA
Even if your spouse doesn’t work, it makes sense for them to open an IRA and make contribution to it.
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