How Long Will My Savings Last?

man with computer and phone

If only we had access to a reliable crystal ball, how simple saving for retirement could be. Instead, the process can feel more like a Magic 8 Ball® inquiry, finding fresh and fleeting new answers to the familiar question “How long will my savings last?” Telling you to concentrate and ask again, that it is […]

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Advantages And Disadvantages of Money Market Accounts

Saving money in a place like a money market account can assure that the money will be there safely when you need it. A money market account is an alternative to savings account, and usually pays more interest rate than a savings account. See, Money Market Vs. Savings Accounts: What’s The Difference. Overall, money market …

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Have We Seen The End of Record Low Rates?

While it might not seem like the sort of thing mortgage rates should care about, the senate run-off election in Georgia was by far and away this week’s most important event. This wasn’t a surprise either. In fact, interest rates have been bracing for this potential impact since the inconclusive results in early November. But why do rates care about politics? Actually, they don’t! Not too much, anyway. Rates care about the prices and yields of certain bonds in the bond market above all else. Bond prices can take a variety of cues, but the most basic and most objective input is that of supply and demand. Supply and demand can be influenced by several underlying factors. For instance, the Fed currently buys more than $100 billion in bonds each month. That has a huge impact on the demand side of

The Best Money Market Mutual Funds To Consider

The best money market mutual funds are a good place to keep your cash while earning interest. Bank checking and savings accounts and money market accounts are good alternatives for your cash. But money market funds offer a higher rate of return than these other short-term investments. One of the best money market mutual funds is …

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