Archive for September, 2007
“Are You a Better Investor?”
Yesterday, there was an article on Money.com by Jason Zweig, editor of the revised book, The Intelligent Investor, that I think is an excellent reading. The article, Are You a Better Investor?, has some good advises on what it means to be a better investor.Mr. Zweig started the article with some examples of what [...]
ING Direct Lowered Interest Rates
Got an email from ING Direct this morning with their new interest rates less than 24 hours after the Fed cut its benchmark interest rate. The ING Orange Savings account used to pay 4.50% APY. The new rate, effective September 19, 2007, is 4.30% APY. Meanwhile, yields for their Electric Orange checking accounts are also [...]
Chase Freedom Card Rewards Program Updates
One of the best deals I ever got from a credit card was the $200 bonus offered by Chase Freedom card back in March. I not only received $250 free money from the card after a purchase was made, but also took advantage of their 0% APR promotion with a huge balance transfer. Despite these [...]
That was Huge!
Biggest gain for stocks in more than four years
Highest gold future since 1980
And highest oil price ever
They all came after the larger than expected 50 basis points rate cut by the Fed today, the largest reduction in more than five years!
Looking at my own investments, the gains are huge [...]
4-Week T-Bill Rate Tumbled
Where should I put my money?
I was hoping that when the FNBO Direct 6.0% APY promotion ends in 10 days, I could go back to 4-week T-bills for short term investment.
Well, it looks like that’s not going to happen any time soon as the investment rate of 4-week T-bill tumbled to 4.079% APR in last [...]
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