The Fed’s latest interest-rate increase, continuing a rate-hike pattern started in December 2015, is nudging rates higher for savings accounts, money-market accounts, and certificates of deposit. Rates paid on savings
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SMI Executive Editor Mark Biller is on the radio this weekend with Rob West and Steve Moore of Compass – finances God’s way. Their conversation takes a closer look at saving money — how much is too little and how much is
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One key to becoming a successful investor is to "keep your eyes up and [looking] over the horizon" — as SMI Executive Editor Mark Biller explains on today's MoneyWise radio program.
Only by maintaining a long-term look
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When it comes to guidance about saving money, the Bible uses the word “fool” to describe two extremes — not saving anything and saving too much.
In the first case, we’re told it’s foolish not to save: “In the house of the
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Of all the things a kid (or we adults, for that matter) can do with money, saving it may be the most boring. Spending, of course, is fun. Investing and giving can be exciting as well. But saving money is all about setting
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Looking for higher interest rates for your savings? Join the club. Rates on savings continue to scrape the bottom of the barrel. Even with the Federal Reserve announcing in December its first interest rate hike since the
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As is usually the case, opinion is all over the lot as to the wisdom of the Federal Reserve's decision to keep short-term interest rates at near zero levels. Here are links to (and brief excerpts from) some of the more
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Yield and total return are concepts SMI has historically discussed in relation to bonds or other savings vehicles. But because our Dynamic Asset Allocation (DAA) strategy recently presented a scenario involving these
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Money — or rather the lack of it — is the most common concern that keeps Americans up at night. Some 72% of respondents to a recent American Psychological Association survey said they are stressed over their finances at
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Uncle Sam's EE savings bonds used to be an attractive deal. Introduced in the early 1980s, these safe bonds (backed by the "full faith and credit of the United States government") once paid an impressive 11% interest rate.
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