Advanced Investment Strategies for Certificates of Deposit, Money Market Accounts, Savings Accounts, Checking Accounts and other investments

Which Certificate of Deposit Account Is Right for You?

Richard Barrington

Confused about how to pick the right kind of CD? This guide describes several options and walks through the steps toward deciding which is best for you.

How to Invest In CD

Charles Epstein

If you have short-term financial goals, learning how to invest in CDs can help you maximize your return and potentially make more money than other options.

Certificate of Deposit (CD)

Richard Barrington

Could you be earning more money in a CD? Find out how CDs work and how to shop for them. Learn how they can earn you more interest, help manage your cash flow and keep your money safe.

Brokered CD - How They Work

Richard Barrington

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 No-Penalty CD Review

Rebecca Lake

Old Line Bank offers savings products, including no-penalty CDs. Learn how these CDs work if you're considering opening an account.

Marcus No-Penalty CD Review - Is It Right for You?

Rebecca Lake

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.

Best IRA CD Rates?

Richard Barrington

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.

No-Penalty CD - How Does It Work?

Richard Barrington

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.

Are Your CD Losing The War Against Inflation

Richard Barrington

Most CDs today are positioned to lose value relative to inflation. To make sure you get rewarded rather than punished for locking your money up in a CD, see these tips for giving your CD a fighting chance in the inflation war.

Variable-Rate CD - 4 Pitfalls

Richard Barrington

Variable-rate CDs can offer savers some intriguing options, but not always at a favorable price.

How Do CD Work? Learn How to Save Taxes on CD S

Richard Barrington

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.

5 Moves to Optimize Your CD Ladder

Richard Barrington

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.

Using CD for College Savings

Richard Barrington

Understand how you can use certificates of deposits to build your college savings.

What Inflation Is Doing to Your CD Rates?

Richard Barrington

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.

Which Type of CD Is Best for You?

Richard Barrington

A review of the characteristics of different types of CDs can help you decide which is the best fit for your needs.

When Opening Multiple Money Market Accounts Is A Smart Move

Richard Barrington

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.

IRA Money Market Accounts for Retirement Savings

Richard Barrington

Want to add some stability to your retirement savings? An IRA money market account might be the right fit for your needs, but it helps to find one offering above-average rates.

2019 Outlook - 6 Factors Affecting Savings &Amp; Money Market Rates

Richard Barrington

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.

Money Market Accounts Vs. Savings Accounts

Richard Barrington

Looking for a completely safe and liquid vehicle for saving money? Money market accounts have many of the same characteristics as savings accounts, and so are worth considering alongside savings accounts when you are looking for the best interest rates.

Batter Up! 9 'Players' for Your Investment Line-Up

Richard Barrington

Want a portfolio that will perform from its opening day? Then consider incorporating these key elements.

Home-Field Advantage - 7 Reasons to Favor US Stocks

Richard Barrington

International investing can be a good thing, but there are also valid reasons for maintaining a heavier weighting toward U.S.-based stocks.

7 Straightforward Rules for Asset Allocation

Richard Barrington

Asset allocation is a tricky decision and one you can't avoid, so it's wise to be well-informed on the topic.

Shareholder Rights - Are You A Shark, Lion or Sheep?

Richard Barrington

Passive investors should take a cue from Wall Street's sharks and lions in recognizing the impact corporate governance can have on share value.

Why A Manic Market Shouldn't Necessarily Worry You

Richard Barrington

As unsettling as recent market volatility might be, a longer-term perspective suggests investors don't necessarily have to worry.

The Problem With Popular Stocks

Richard Barrington

Recent research finds that stocks with the highest turnover tend to also have the lowest future returns.

7 Reasons to Worry About Cheap Oil

Richard Barrington

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.

6 Options for Today's Income Investor

Richard Barrington

Here are some of the pluses and minuses of a variety of today's income-producing investment options.

How to Invest Like A Business Owner

Richard Barrington

Managerial responsibilities may seem miles away from investment decisions, but your personal business experience can be an asset in managing stocks.

Want A Winning Portfolio? Just Avoid The Biggest Loser

Richard Barrington

Addition-by-subtraction can be a good way of earning above-average investment performance.

6 Things Investors Should Know About P2P Lending

Richard Barrington

Peer-to-peer (P2P) lending is growing rapidly in popularity, but the marketplace does not yet fully recognize the risks.

Myths About High Yield Savings Accounts During Covid-19

Richard Barrington

Looking to earn more on your savings? A high yield savings account could help, but only if you know how to kick the tires when choosing one.

Tax Preparation Fees: What's The Average Cost of Tax Preparation?

Gina Pogol

If you've never hired a tax preparer before, you're probably wondering, "How much does it cost to have your taxes done by a professional?" Average tax preparation fees depend on three factors - How organized are your taxes? Where do you live? How complicated are your taxes?

Wire Transfers: What Banks Charge

Rebecca Lake

Wire transfers can be a convenient way to send money, but you may pay a fee for this service. Learn what banks charge for wire transfer fees.

How to Open A Savings Account

Rebecca Lake

Emergency Fund: What It Is and How to Build It

Gina Pogol

An emergency fund is money that you set aside for unexpected difficulties. Every financial plan should include emergency savings. It's smart to cover emergency savings before directing money into investments or unnecessary spending.

What Is Payroll Tax Deferral: Everything You Need to Know

Gina Pogol

The payroll tax deferral may have created controversy and confusion. You probably have a few questions yourself: Does my employer offer payroll tax deferral? Should I opt in or out? Do I have to pay the money back? How should I use the money? The fact is most employees won't be able to defer their payroll taxes. But there is a way to create your own tax deferral and control your financial destiny in 2020 and 2021.

Does It Make A Difference Where I Have My Savings Account?

Richard Barrington

Could you be getting more out of your savings account? Chances are the answer is yes. See ten reasons your choice of savings account can make a difference to how much you have in that account at the end of the year.

High Yield Savings Accounts for 2021

Richard Barrington

Want to earn more money this year? Switching to a high yield savings account is a quick and easy way to put more money in the bank by the end of this year.

How to Save Money for Your Kids

William Cowie

Better than toys or fleeting memories, grandparents can help give their grandchildren a head start in life with a savings account.

7 Ways The CoronavirUS Could Change How You Bank

Richard Barrington

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.

What Is The Minimum Amount of Interest Required to Report?

Richard Barrington

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.

How to Earn More Interest on Your Savings In 2021

William Cowie

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.

Best Money Saving Tips - This Is Your Year to Save No Matter What

Erik Martin

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?

Can You Pay Bills Directly From A Savings Account?

William Cowie

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.

Which Banks Have The Most Convenient Atms?

Richard Barrington

Are you a frequent ATM user? See some simple tips to help you stop wasting money on ATM fees.

Lost Money Order? How to Cancel It and Get Your Cash

Rebecca Lake

When you have a lost or stolen money order, you may be wondering what you can do to get it back. Here's more on what to do if a money order comes up missing.

The Cost of Sloppy Banking Habits

Richard Barrington

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.

Best Banks for Those Who Can't Get A Bank Account

Erik J Martin

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.

How Immigrants Can Open A Bank Account Without A Social Security Card

Rebecca Lake

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.

Checking Vs. Savings Accounts - What's The Difference?

Richard Barrington

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.

Best Checking Accounts for Minimizing Overdraft Fees

Richard Barrington

Do you sometimes overdraft your account? It's an expensive habit but there are banks that don't charge as much when it happens. See how to find one of these banks plus other ways you can reduce the cost of your overdraft habit.

Compound Interest Vs Simple Interest on Checking

Andrew Freiburghouse

If you want to know where every dollar in your finances comes from, it's important to understand how to calculate checking account interest.

Free Checking Account Enough? Explore 9 Great Options

Andrew Freiburghouse

Looking for a new checking account? It may be helpful to know what options exist before you start shopping.

How to Do A Bank Reconciliation

Karen Lawson

Bank reconciliation doesn't have to be a nightmare. Follow these four simple steps to find out if your account is in balance.

Better Ways to Find The Best Checking Account

Richard Barrington

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?

Best Checking Accounts for 2018

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.

Finding A Second-Chance Checking Account

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.

6 Reasons to Rethink Where You Bank

Richard Barrington

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.

Best Banks 2013 - Should You Switch?

Ollie Geiger

MONEY Magazine has announced its top banks for 2013, but are these institutions good enough to attract your business?

4 Signs of Money Immaturity In Teens

Naomi Mannino

If your son or daughter displays these signs, some remedial financial education may be in order -- fast.

How Does Harp Help Underwater Borrowers?

Michele Lerner

If you are among the nation's estimated 20 million upside-down homeowners, the revised Home Affordable Refinance Program (HARP) may be playing your song.

Is Refinancing Too Late for Seniors?

Richard Barrington

Retirees often don't think of refinancing, but current conditions make refinancing worth a fresh look to older Americans.

Is There A Rise In Housing Bubble?

Richard Barrington

Home prices may be the same as in 2004, but other conditions have changed since then. Is history ready to repeat itself?

Complete Guide on Buying A Home With Bad Credit

Gina Pogol

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?

How Does Federal Reserve Affect Mortgage Rates?

Erik Martin

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.

Downton Abbey's 4 Financial Lessons

Richard Barrington

Though "Downton Abbey" is set in a distinctly different era, its plot holds some financial lessons that are relevant today.

Boost Your Appraised Home Value In 5 Steps

Josh Harmatz

By being informed and making your home presentable you can help to insure that your home gets the highest possible appraisal for the best mortgage loan or the highest sales price.

Pros and Cons of Prepaying Mortgage

Erik Martin

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.

5 Keys to Consider Before Investing In Real Estate

Richard Barrington

Real estate investments can provide growth and income, but they also carry some special risks.

Avoid 5 Financial Mistakes After Divorce

Lynnette Khalfani-Cox

Financial choices made during and after divorce can impact how well you move forward. Learn how to avoid these common errors.

Complete Guide to Fha Rules In Refinance

Michele Lerner

If you are a homeowner with a mortgage insured by the Federal Housing Administration (FHA), you may soon be eligible for an streamline refinance at a lower cost.

How to Make Troubled Refinancing Better?

Peter Miller

The Mortgage Bankers Association wants to offer more help for troubled borrowers. But is there too much risk?

How to Protect From Home Title Fraud?

Erik Martin

When you're a homeowner, burglars aren't the only crooks you should be concerned about infiltrating your property. An even bigger theft is home title fraud. This occurs when a bad actor alters ownership of your property title or deed by putting their name on it. And it can cost you plenty -- both in terms of dollars, the time it takes to resolve it, and damage to your credit.

Why Consider Loan Recast Over Refinance?

Michele Lerner

Recasting is another way to lower your monthly mortgage payments, but there is one catch.

Will Gas Prices Affect Home Sales?

Peter Miller

Despite gas prices rising, Freddie Mac projects that home sales will increase 5 percent in the coming year. How will the gas pump affect your ability to buy a house?