Some practical thoughts on asset allocation (The Aleph Blog) Who’s your investment co-pilot? (Abnormal Returns) Sneaky overdraft fees, a “courtesy” from banks, are the mother lod of deposit fees. (USA Today) By using the higher number for the earlier period, Prof. Siegel appears to have raised his estimate of the rate of return for the [...]
by Zack Miller on September 28, 2008
The recent banking crisis has hurt a lot of people, do doubt. While stocks have plummeted and firms gone under, there has been a bright side for very conservative investors: lots of CDs (certificates of deposit) to choose from. While rates have varied wildly, as banks need short term deposit money, they’ve become quite aggressive [...]