Mixed Signals on Savings Account Rates The OPM top savings rates reached 5.5% for accounts from Flagstar Bank and My Banking Direct, while accounts from Ally, American Express, Capitol One, Cloudbank, Customers Bank, Marcus, Salem Five Direct, and Valley Direct offered slightly lower rates than in previous months. For full […]
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Tempted by higher interest rates (like 5.02% from 2 banks) or new account bonuses offered on savings accounts from other banks? Worried about losing (or losing access to) your emergency savings by keeping your eggs in one basket? Inflation may be pinching you at the gas pump and supermarket, but […]
Update 2: if you open an account with at least $100 using this link, we’ll both get $50. Student loan lender Social Finance (SoFi) now offers SoFi Money, a cash management account with: High interest (currently 2.25%) without the hassle of moving money between checking and savings No minimums, maximums […]
Zero commissions might be the hottest trend in online investing, and 3 commission-free brokers are leading the way. Since stock exchanges charge small trading fees, online trades through these commission-free brokers aren’t completely free, but traditional commissions were significant barriers for small and beginning investors. Robinhood led the way by […]
Internet-only and FDIC-insured Redneck Bank currently pays 2.5% for its money market and 3% for checking
Who says books about investing are boring? (queue the theme from Rocky) In A Random Walk Down Wall Street, Princeton University professor of economics Burton G. Malkiel attacks technical analysis and, specifically, John Magee, co-author of Technical Analysis of Stock Trends. How does the technical analyst respond? Freaks, Religious Fanatics, Vampires, […]