US Treasuries are considered the safest investment in the world. The yield on US Treasuries over the past few months has created great concern over exactly where to deposit money that needs to be safe. US Treasuries have always been considered the safest possible place to keep the money. Since the Coronavirus scare drives the [...]
Volatility in the stock market again is back, and it might be a warning shot. More people are waking up wondering could this be the Big Correction everybody’s been worried about. I can’t answer that question, but I can tell you that a major correction is inevitable will it be 10%, 20%, 40% who [...]
How to deal with your retirement in uncertain times.
If you have an older annuity it is still possible you may also have an annuity with a surrender penalty in place. How do you move your money to a higher rate of interest and not lose any of your account to these surrender fees?
Bank Saving Products or Insurance Company Annuities, which would you choose for your safe and secure money? Federal Reserve Vs. 10 Year US Treasury As consumers, we think of interest as interest. In fact, there are two different and distinct factors that separate banks and annuities when calculating interest on savings vehicles. Bank CD interest [...]
U.S. stocks closed sharply lower Wednesday as the Dow Jones Industrial Average sank more than 800 points and the Standard & Poor’s Stock Index 500 had its worst day since February as technology stocks went into a freefall. Investors spooked by rising bond yields dumped equities in all sectors, triggering a wide-ranging sell-off and a [...]
Well, at least for a while. The simple answer is this, the lower the interest rate, the lower the payment obligations. Based on that concept….. America has successfully refinanced its national debt from higher interest rates to lower interest rates. 88.5% of all national debt is now 10 years or shorter. This is good for [...]
The record stock market gains of 2013 and the market’s ability to ignore everything from poor earnings reports to last April’s announcement of a QE3 decline in Treasury buying should be seen as a new wave of "irrational exuberance."
“My mother is sixty-seven-years old and has saved up a half-million dollars in a bank account earning about 1% interest. Obviously, not a very good interest rate. She wasn’t sure what to do to earn more money on her money. Her house was paid off as well as her car. She had been thrifty her entire life, but still felt like she was making a mistake keeping her money in a normal bank account. I want to find a way to help her.”
Who came first, the chicken or the egg? Over the past few years, we’ve seen the ”chicken and egg” cycle continue in the national economy. The Federal Reserve pumps more money into the system and buys vast quantities of U.S. bonds and mortgage-backed securities. This is one reason the stock market took off [...]