Tag

zero percent interest rate

Monthly Interest: $3.718239

“An Rose Interest Rate Goose Egg By Any Other Name” Maybe it’s just the bank where I have my savings account, but it seems like there is a new policy afoot to add a bunch of decimal places to the numbers on my monthly statement. So, instead of earning $3.72 in interest in September, my bank now...
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Markets’ One-Two Punch to Investors, Savers

Three Reasons Investors Are in a Funk Gauging from investors’ current bleak mood, you’d guess that the Dow Jones was down horrifically — to 6,000 or 7,000 or even lower. Instead, while recent volatility has admittedly been through the roof, the Dow has “only” dropped to just below 11,000, as of this morning. That’s less than 15%...
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Housing Market Disconnect

Cheaper More Expensive By the Dozen Usually, the more of something you have to sell, the cheaper it is. That’s just basic, “supply-and-demand” — Economics 101. So, when is that not the case? When it comes to rental properties in today’s housing market. Buyer’s vs. Seller’s Markets Currently, there is a huge disconnect between what duplexes and...
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Time for a “Do-Over” on The Crash of ’08

Prescription:  ‘Take 2 4 Aspirin’ Seeing as how the current approach doesn’t seem to be working out so well, I hereby propose a “do-over” in dealing with the aftermath of The Crash of ’08. Exactly what do I have in mind? Instead of: -Rewarding the perpetrators with bailouts; –Punishing savers with the double-barreled whammy of...
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