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Current Bank & Broker Promotion Bonuses

Posted by Sun

If you are looking for a little incentive to open a bank or brokerage account, there are a few promotions currently running which will give you as much as $50 bonus for a single new account. Check them out. Maybe there’s something you need

TradeKing $50 bonus for a new account: Open an account [...]

How to Open an EverBank Savings Account

Posted by Sun on November 10, 2009

I have always been on the look out for better savings accounts, which are getting harder and harder to come by these days in such a low interest rate environment.  One of those accounts that had been on my radar for a long time was EverBank High Yield Money Market Account. What makes EverBank stand [...]

The Argument against Frugality

Posted by Yolander on November 10, 2009

Sometimes, the best way to convince a person that they need to do something is to show them what a bad decision it is to do the opposite. There are countless articles, blog posts, books and lectures about the power of being frugal. Since this line of content is still a booming business, that must [...]

Capital One Introduces InterestPlus Savings Account with 1.70% APY and Bonus

Posted by Sun on November 9, 2009

InterestPlus Online Savings is an online savings account that gives you:

Get a 1.70% Annual Percentage Yield on balances of $2,500 or more.
Get a 10% bonus on your interest earned four times a year. Just open and use your Capital One credit card at least once a month or keep an average balance of $15,000 in [...]

Get One Year Subscription of BusinessWeek Magazine for Free

Posted by Sun on November 8, 2009

I got my free subscription of both the BusinessWeek and Forbs last time when the free offer was available early this year, so the deal is real. Now it’s alive again, so if you are interested, you can use this link to get the free magazine if you want to have it. All you need [...]

How to Open an OptionHouse Account

Posted by Sun on November 7, 2009

As you may know, discount broker OptionsHouse is currently running a promotion which gives 100 commission free trades for every new customer with $3,000 deposit.  This is a good deal if you can get the most out of the offer, even though trading 100 times in 2 months (the free trades will expire 60 days [...]

October 2009 Unemployment Rate 10.20% – Chart of the Day

Posted by Sun on November 6, 2009

The economy has grown again, but the labor market showed no sign of improving. Actually, if you look at the the unemployment report released this morning, you will probably feel things are getting worse, not better.
In the latest job report, the government said that the nation’s monthly unemployment rate reached 10.20%, the highest level in [...]

Schwab Launches Extra-Cheap ETFs

Posted by Sun on November 6, 2009

One of the biggest advantages of Exchange-Traded Funds (ETFs) over traditional mutual funds is that ETFs usually cost much less to own because of the way ETFs are structured. Also helping to reduce the cost is that not before long, all ETFs are passively managed, meaning that they all track their respective index, minimizing the [...]

I-Bond Rate for November 2009 – May 2010 Is 3.36%

Posted by Sun on November 5, 2009

The last time I wrote about I-Bond interest rate was last May when the Treasury Department set the total earning rate of Series I-Bond issued from May to November to 0.00% due to the negative annual inflation rate, which has already affected the contribution of 2010 401(k) plan.
Even though that I-Bonds purchased in the past six [...]

October 2009 Score Card — Part I: Net Worth

Posted by Sun on November 4, 2009

I feel that the last few days of October kind of ruined the whole month for investors. Even though the Dow closed above the physiologically important, but symbolic 10,000 mark for the first time in a year in October, the stock market sold off in the second half of the month. Major indices closed October [...]

How to Open a Scottrade Account

Posted by Sun on November 2, 2009

Scottrade is a leading online discount broker which offers a wide range of products at very competitive price. If you are considering opening an account with Scottrade and start to invest in the stock market yourself, here’s a good video that will help you get a better understanding of what Scottrade offers. In this video, [...]

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