You can earn money in CDs or in stocks, but both strategies have risks. Read more
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Dear Dr. Don, What is an ATM "deposit hold adjustment"? I deposited a $1,500 check from another bank at my bank's ATM a day ago and it has not made it into my account. The bank says it has a "hold adjustment" debiting for...Read more
Dear Dr. Don, What is the meaning of these three rates that you list for money market accounts? Annual percentage yield. Intro rate. Post-intro rate. I thought I understood the first one. As for the other two, they're not...Read more
The following are 100 percent true statements: A penny saved is a penny earned. A home is a great investment. Money doesn't grow on trees. Are you nodding in agreement? Gotcha! According to money experts, there are plenty...Read more
Dear Dr. Don, This question involves how best to make for a better life for my family. How can I make a one-time investment of $5,000 grow into $1 million or more over 60 years? One of my broader goals is to encourage my...Read more
2014 Credit Union Survey
Credit unions stand their ground on free checking, while it has declined at banks.