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« Archive for the ‘Personal Finance’ Category

In Search Of Higher Returns: A Saver Experiments With Callable CDs And Bonds

With CD rates continuing to drop, I’m considering different strategies for redeploying maturing deposits. One is buying long-term callable CDs and federal agency obligations.

Make Sure Your Bank Doesn’t Mess Up Your Deposit Insurance Coverage

Like the smoke detectors in my home, I check my payable-on-death (POD) accounts twice a year to make sure they’re still operating properly.

Poor CD Rates Pushed Me To (Reluctantly) Open Two Online Brokerage Accounts

In December, I opened online brokerage accounts at Fidelity and Vanguard so I could modestly expand my fixed-income portfolio.

You Can Buy Up To $15,000 In I Bonds

You’ll have the chance to buy up to $15,000 worth of electronic and paper Series I Savings Bonds this year, and take advantage of their very competitive interest rate.

Why I’m Souring On Mint.com

I’m tired of all the ads, especially ads that could point me to the wrong financial path.

Skip A Loan Payment, But Pay A Price

If you’re strapped for cash this holiday season, your bank or credit union institution might allow you to skip a loan payment without being penalized.

I’ve Found A New Way To Stop Junk Mail!

Fill a prepaid envelope with labels torn from all of the junk mail you don’t want. Send it in and you’re off the mailing lists.

TD Bank driving fees up, customers away

TD Bank is back to annoying my friends and neighbors with yet more fee hikes.

The big eastern bank that operates from Maine to Florida just announced it will boost the cost of:

Wire transfers from $10 to $15.
Certified checks from $4 to $8.
Money orders from $4 to $5.
Stop-payment fees from $25 to $30.

It will also limit [...]

Let’s embrace responsible banks that pay better than average interest rates

GreenChoice Bank in Chicago is a good example of community banks that are out to support the environment and neighborhoods in serves.