The megabanks, Chase, Bank of America and so on, typically have little incentive to pay high CD rates.
Fed keeps a key rate the same but signals a possible rate hike in the future.
A new study found that most investors make basic mistakes with their investment portfolios, including a lack of diversification and paying too much in fees.
Investing isn’t hard. The easiest way to invest for the long-term, with index funds, is also the most rewarding, as indexes beat most active funds hands down.
Investing is only one piece of the retirement puzzle. In order to quit working, most people have to rethink priorities and get off the consumer treadmill.
Think you have to be a rocket scientist to invest for the long run? Think again — the most successful long-term investors do the least.
Besides the banking regulations governing the number of transactions allowed in savings and money market accounts and minimum early withdrawal penalties on CDs, there is a huge amount of variation between banking products.
Skewed financial incentives for advisers can lead to less than optimal financial advice. What is the answer to conflicts of interest?
If anyone can beat the market, shouldn’t it be mutual fund managers? A new study finds that the investment portfolios of the pros perform no better than peers without financial expertise.
Last week’s meeting of the Fed was generally interpreted as bullish on the economy and bolstered confidence that an interest rate increase could indeed come this year.