Many people depend on certificates of deposit (CDs) to provide extra income. Yet CD rates have been fairly low for a while. In recent months, in fact, one-year CDs were paying about 0.5 percent, two-year CDs topped out at around 1 percent, and five-year CDs paid in the 2 percent to 2. 3 percent range. Those [...]
No matter where you live, the chances are good that a state or local government near you may be having some difficulty in balancing its budget. As a citizen, you’re probably concerned about how this situation will affect your life and your community. But as an investor, you may also wonder how this might affect [...]
Popular opinion said most sushi restaurants draw mainly under-35 scenesters but that’s really not the case anymore. It may have been true in the ’90s but enjoying sushi is really a multi-generational thing nowadays. When we enter Twins Sushi at around noon we discover that only two tables were full, aside from us. The place [...]
If you’re purchasing a new home or refinancing your existing one, you’ve got some mortgage-related decisions to consider. And since your mortgage may well be the biggest financial transaction you ever make — and one that can affect your long-term financial goals, such as retirement — you’ll want to weigh your options carefully. What types [...]
As an investor, you want your money to grow so that you can achieve your important goals, such as a comfortable retirement or college for your children. But you may also invest to increase your cash flow. In fact, without a strong cash flow, you may be forced to dip into your growth-oriented investments to [...]
By Brad L’Engle There’s great news for last minute tax filers! You’ll have a few extra days to file your taxes this year thanks to a little known Washington, D.C., holiday called Emancipation Day, which celebrates the freeing of slaves in the district. Though Emancipation Day actually falls on Saturday, April 16, it will be [...]
Now that the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 is law, you’ll want to familiarize yourself with how this new legislation affects you — both as a wage earner and an investor. Consider these key parts of the new tax laws: Income tax rates remain the same. Under previous legislation, [...]
