Posted December 11, 2008 - 17:10 by Xin Lu
Personal Finance, Investment
This week the 4 week T-bill rate was driven down to 0% and the demand for these treasuries was astounding. It seems that investors are so pessimistic that they are willing to accept no yield for the safety of their principal. If you have been following the markets for the last few months it does seem like every other asset is falling. So, where could we put our cash if we do not want 0% yield treasuries?
full story
Posted May 2, 2008 - 06:47 by Philip Brewer
Personal Finance
Since 1998, the US Treasury has had a pretty good deal for small savers who were worried about inflation--the Series I Savings Bond. The interest it paid was based on inflation plus an additional return that was set by the Treasury and fixed for the life of the bond. On May 1st the Treasury announced the value of that fixed return for the next six months: Zero.
full story
Posted January 24, 2008 - 00:34 by Xin Lu
Credit Cards, Consumer Affairs, Real Estate and Housing, General Tips
The Federal Reserve just cut the interest rate by 0.75% between two official meetings! This is the largest cut since 1982 and it was like an adrenaline shot to the sagging stock markets. This move means different things for different people and for some consumers it is excellent news. How could these consumers take advantage of this event?
full story
All comments