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Archive for March, 2009


After cuts to 401(k), they’re eyeing early mortgage payoff – Minneapolis Star Tribune


What would be the best plan for our money right now — plow every dime that we can into our mortgage and paying that off as early as possible (because, given our interest rate, it is like getting 5.875 percent return on our money)?

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Bernanke Treasury Plan Drives Pimco to Mortgage Bonds (Update2) (Bloomberg)

March 30 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke ’s plan to buy $300 billion of Treasuries is driving the world’s biggest bond investors away from government debt and may already be helping him lower consumer borrowing rates.

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Rising bond yields could disrupt credit market – Livemint


The choice before banks is to use their money to buy zero-risk sovereign bonds that are offering high returns or lend to companies and individuals. On loans, they can earn higher returns, but there is the risk of creating bad assets if they lend

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Savings accounts seen as safe accounts – Annapolis Capital


Barker, of Severn Savings, whose Safe Harbor accounts offer a 3 percent yield through Tuesday, said clients placed a priority on higher returns when interest rates were higher two years ago. But return is no longer as important, he said.

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Can three gurus go wrong? – Globes


Forest gets a passing grade with its projected rate of return of 14.3%. If it can earn this over the next 10 years, I can’t imagine too many investors complaining. My Peter Lynch-based Guru Strategy is the last one that gives Forest high scores.

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