Advanced Investment Strategies for Certificates of Deposit, Money Market Accounts, Savings Accounts, Checking Accounts and other investments
Want a better deal on your CDs? Brokered CDs are a potential way you could get better CD terms, as long as you understand the potential risks along with the potential benefits.
Old Line Bank offers savings products, including no-penalty CDs. Learn how these CDs work if you're considering opening an account.
Marcus offers CDs for savers with no penalty for early withdrawal. Learn how the no-penalty CD from Marcus works to decide whether to open an account.
Looking for a CD for your IRA? Certificates of deposit can play different roles in your IRA. Learn how to use CDs and how to find the best IRA CD rates.
Would you like the yield of a CD without the commitment? Find out how no-penalty CDs can give you the yield benefit of owning a CD without having to lock your money up for the full term of the CD.
Variable-rate CDs can offer savers some intriguing options, but not always at a favorable price.
CDs are safe instruments for earning interest, but their tax treatment can create a cash crunch. Here's how to plan ahead so you aren't caught short of money at tax time.
CD ladders can help you manage yield and liquidity. Here's how to tailor them to meet your specific circumstances and capture the highest interest rates available.
Understand how you can use certificates of deposits to build your college savings.
You might think of CDs as safe investments that don't require much attention, but lately inflation has been posing a growing threat to them. Here's what to do when inflation is on the rise.
Understanding early withdrawal risk with CDs, FDIC limits, and other risk factors can help you manage risk while investing in CDs.
A review of the characteristics of different types of CDs can help you decide which is the best fit for your needs.
Learn how a CD ladder can work to your advantage, and how to set it up.
CDs are perfect for low risk investors because they offer a guarantee of principal along with a fixed interest rate and predictable cash flow.
Understanding these things about today's CD rates can boost the interest you earn on your savings.
Could you benefit from splitting your money into different bank accounts? See examples of when having multiple money market accounts could work to your benefit.
Do you have money in a savings or money market account? These six trends could impact your money in 2019, but here's how you can protect your assets and profit during this changing environment.
Want a portfolio that will perform from its opening day? Then consider incorporating these key elements.
International investing can be a good thing, but there are also valid reasons for maintaining a heavier weighting toward U.S.-based stocks.
Asset allocation is a tricky decision and one you can't avoid, so it's wise to be well-informed on the topic.
Passive investors should take a cue from Wall Street's sharks and lions in recognizing the impact corporate governance can have on share value.
As unsettling as recent market volatility might be, a longer-term perspective suggests investors don't necessarily have to worry.
Recent research finds that stocks with the highest turnover tend to also have the lowest future returns.
Lower oil prices have some obvious benefits for the U.S., but they could also bring some problems -- especially as the drop becomes more extreme.
Here are some of the pluses and minuses of a variety of today's income-producing investment options.
Managerial responsibilities may seem miles away from investment decisions, but your personal business experience can be an asset in managing stocks.
Addition-by-subtraction can be a good way of earning above-average investment performance.
Peer-to-peer (P2P) lending is growing rapidly in popularity, but the marketplace does not yet fully recognize the risks.
A boom in share buybacks raises some questions that shareholders of the company need to ask.
Interest income remains relatively scarce among these vehicles, but that doesn't mean your portfolio should be without them.
Better than toys or fleeting memories, grandparents can help give their grandchildren a head start in life with a savings account.
Is the coronavirus outbreak changing how you bank? Here's how to protect your finances by changing some banking habits and reviewing your retirement plan.
Unsure whether you need to report small amounts of interest earned on bank accounts? Chances are you do have to report, even if the bank did not send you a Form 1099-INT. See guidelines for reporting and what you can do about earning more interest next year.
In the current climate of rock-bottom interest rates, is there a way for you to find a higher return on your savings? You may be pleasantly surprised by some of these options.
It's a new year. And that means it's a fresh start -- a chance to abandon old habits and adopt positive new ones. One habit that can take you a long way in 2020 and beyond is consistently saving money when you can. There are many money savings tips out there: But which ones can best teach you how to save money?
Savings accounts tend to pay higher interest than checking accounts. Would it, therefore, make sense to put all your money in a savings account and use it to pay bills and make purchases? No, and here's why not.
Are you a frequent ATM user? See some simple tips to help you stop wasting money on ATM fees.
Savings accounts are common, but not nearly as common as checking accounts. This post asks the question: What's the difference? But then it answers the more important question: Why do you need one? (Because you do.)
If you don't have holiday savings in place yet, it's not too late. Learn what steps you can take to fund the holidays even if you're a little behind on saving.
Debit cards are a common feature on checking accounts but not on savings accounts. Can you get a debit card on a savings account? Learn about debit and ATM cards - but the bigger question is: Should you want one?
What's the difference between monthly compounding and daily compounding for your savings accounts - and does it matter? How can you decipher what banks offer on their savings products?
Do fed-rate cuts mean your savings will earn less interest? While rates generally may be falling, chances are you could take this opportunity to raise your rates.
Can you have too much money in a savings account? It might seem like a nice problem to have, but bank rate tiers and FDIC insurance limits may mean you should avoid keeping too much in any one account or at any one bank.
Should you have to pay just to access money in your savings account? Banks charge fees for certain transfers, but these fees can be easily avoided if you know how.
What is the best savings account for your child? It's the same type of account you would want for yourself. Learn how to teach your child about saving and choosing a good savings account.
Using cash for all your transactions isn't practical or safe. That's why it's best to get a bank account with a debit card. Problem is, some people can't qualify for an account at many banks. And many can't afford the various fees charged. So what's the best bank account for you? Probably an entry-level online or mobile bank account.
Opening a bank account as a newcomer to the U.S. takes some planning. Learn how immigrants can open a bank account without a social security card.
How much money are your bank accounts wasting? See how better banking habits could leave you with hundreds of extra dollars by the end of a year.
What's the difference between checking and savings accounts? Find out how each impacts the accessibility, security and earning power of your bank account, and how to find the right fit for your needs.
Changes in banking habits have made location less of an issue since the 1990s, while rising fees have made cost more significant. Isn't it time to change what you look for in a checking account?
We ranked the best checking accounts for 2018 on the basis of monthly maintenance fees, overdraft fees, and low minimum opening deposit. Here are the top ten free checking accounts to be found in 2018.
Having to work outside the banking system can be expensive and inconvenient. Unfortunately, this can easily happen to people whose accounts are closed by their banks because of chronic misuse of the account.
If this has happened to you, the good news is that there is a way to get back into the banking system. It's called second-chance checking, and finding the right second-chance checking account can be the first step toward re-establishing your access to the full range of bank services.
Banking has changed over time, and it's likely your banking needs have too. Here's why you may want to reconsider where you're at today.
MONEY Magazine has announced its top banks for 2013, but are these institutions good enough to attract your business?
If your son or daughter displays these signs, some remedial financial education may be in order -- fast.
Walmart's Bluebird prepaid debit card is a very competitive product, but there are some inherent drawbacks to using any prepaid card.
Bank's move could spur other banks to drop the charges that can lead to a "train wreck" of multiple overdrafts.
Although many Americans are having trouble making ends meet, here are some ways to save money and keep it safe for when you need it.
Managing your finances and increasing your savings is made easier and entertaining with these websites.
With bank fees on the rise, customers can avoid the fees by following a few basic requirements, such as maintaining minimum balances and having direct deposit into your account.
When mortgage rates fall, it's possible as a first-time home buyer to qualify for a bigger mortgage and more expensive house. But what if you have poor credit? Can you buy a house with bad credit today? Or should you work to improve your credit first?
You don't have to wait out the remaining term of your mortgage to pay it off.
Instead, you can make accelerated payments on an occasional or regular basis, which could save you big money in interest charges overall. But your best option may not be to prepay your mortgage. Understand the pros and cons; then learn how to crunch the numbers.
The Federal Reserve recently cut interest rates to nearly zero in response to the coronavirus outbreak. Yet this strategy may not affect mortgage interest rates, even though it's aim is to boost the economy. In fact, mortgage rates have crept up in the last few weeks.
Refinancing is not just about capturing falling interest rates. It can also be a way of optimizing your mortgage loan to fit a change in circumstances.
The benefit or burden of any mortgage is largely dependent on these 9 details.
Lack of experience is an inherent problem for first-time home buyers, but some sound investment thinking can help you overcome that problem.
Recent declines in mortgage rates may generate enthusiasm for real estate investments, but there are reasons to be skeptical of this.
Shifting your debt burden into a mortgage can save you money, but it can also put your home at risk. Learn when this approach makes sense.
Rising long-term interest rates should impact how you shop for income vehicles and loans.
Home prices may be the same as in 2004, but other conditions have changed since then. Is history ready to repeat itself?
Real estate investments can provide growth and income, but they also carry some special risks.
Though "Downton Abbey" is set in a distinctly different era, its plot holds some financial lessons that are relevant today.
Retirees often don't think of refinancing, but current conditions make refinancing worth a fresh look to older Americans.
If you need to finance a home renovation, an FHA 203(k) loan may be your solution.
Recasting is another way to lower your monthly mortgage payments, but there is one catch.