Warren Buffett helps Interest Rates- February 12, 2008 Bond yields moved sharply higher today after news that Warren Buffett's firm Berkshire Hathaway has offered to assume liability for the municipal bonds of troubled bond insurers. US Treasuries have been a safe haven for investors since last summer when the credit and mortgage markets began to experience serious setbacks. So any news, like today's announcment by Warren Buffett, which is perceived as a partial solution to the nation's credit market woes is likely to fuel a selloff out of...http://www.savings-investor.com/2008/02/warren-buffett-helps-interest-rates.html Recession Americans, economists, itrade.com say yes! Bush and his Administration say No.- February 11, 2008 The US economy will grow in 2008 and avoid a recession despite a lingering housing slump and a related credit crunch, White House economists said Monday. The annual "Economic Report of the President" is claiming that the US economy will avoid recession and grow in 2008 contrary to what a consensus of economists believe. Citing the resiliency of the US economy and the well-publicized stimulus package passed by Congrss the report paints a rosier picture of the economy than that witnessed in a...http://www.savings-investor.com/2008/02/recession-americans-economists.html Capital One's Rewards Money Market Account- February 11, 2008 The Capital One Rewards Money Market Account is a money market account which offers an attractive yield of 3.00% and a program in which airline miles and other rewards can be earned through account activity. The 3.00% yield applies to all balances between $0.01 and $100,000 and higher. The account has no minimum balance fees or monthly maintenance charges and has check-writing privileges for easy trasfer of funds. Account information is online at capitalone.com.How to Earn Rewards through the...http://www.savings-investor.com/2008/02/capital-ones-rewards-money-market.html Banks Rates on Health Savings Accounts- February 7, 2008 What Are Health Savings AccountsHealth Savings Accounts (HSAs) were created by Public Law 108-173, the "Medicare Prescription Drug, Improvement and Modernization Act of 2003," signed into law by President Bush on December 8, 2003. Health Savings Accounts will change the way millions meet their health care needs because they are designed to help individuals save for qualified medical and retiree health expenses on a tax-advantaged basis.Any adult who is covered by a high-deductible health plan...http://www.savings-investor.com/2008/02/banks-rates-on-health-savings-accounts.html Online Bank and Credit Union Rate Deals- February 7, 2008 Online banks and credit unions are offering deals with with good rates including specials between 3.60% APY and 10.00% APY for online investors. Listed below are some of these Credit Union and Bank rate deals available today. Each deal has it's own restrictions and limitations including balance requirements and geographic requierements. Check with the issuing bank or credit union for further information:10.00% APY from Shore Bank on their Grand Slam checking account for balances from $.01 to...http://www.savings-investor.com/2008/02/online-bank-and-credit-union-rate-deals.html Zions Direct's Live Auctions on E-Bay- February 5, 2008 The live CD auctions at Zions Direct have been around for a whole and allow visitors to bid on CDs offered by member banks of the Zions Direct progrma. The current issuers are Zions Fist National Bank, Amegy Bank of Texas, National Bank of Arizona, Vectra Bank Colorado, and Nevada State Bank. Recent results have been less than thrilling with market-clearing yields of 3.90% on 1-year CDs, 3.80% on 6-month CDs, and 3.90% on 90-day CDs. While these yields are better than local bank rates and...http://www.savings-investor.com/2008/02/zions-directs-live-auctions-on-e-bay.html |