interest rates – smilingdad

Sofi raises interest rates to 1%

SoFi is now a bank and paying higher interest rates on savings and checking accounts.

Fed doesn’t raise rates, world lets loose a sign of relief

Yesterday’s big story was the Federal Reserve didn’t raise interest rates. This keeps interest rates unraised since 2006. Everyone that has borrowed in US Dollars breathes a sigh of relief. I believe they should have raised. Retirees, insurance companies, pension funds, banks, and savers in the US would have appreciated the move. The stock marketsContinue reading “Fed doesn’t raise rates, world lets loose a sign of relief”

Sell everything? Or hold on?

The market drama is gripping the financial markets this week. The age old question is should you sell everything and go to cash or should you hold on for the inevitable bounce? To answer that question I wanted to step back a bit. It would be meaningless to answer without some context on our savingsContinue reading “Sell everything? Or hold on?”