Financial Schools Reviews

The Treasury Department announced the new rate for one of It’s Only Money’s favorite savings vehicles – Series I Savings Bonds, and it’s a whopper.

I bonds bought between today and October 31 will return 4.60 percent for six months following purchase.  They have a fixed rate of 0 percent, which applies for the life of the bond. The 4.60 percent annualized rate reflects inflation as measured by the Consumer Price Index for all Urban Consumers (CPI-U). That’s their highest rate in two-and-a-half years.
The bonds yielded 0.74 percent over the past six months ending April 30.

Series EE bonds will earn 1.1 percent. T Full Article…

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five word summaries. Click on the number to jump straight down to the question. 1. Climbing the car ladder 2. Apolitical 3. Upside down car loan 4. Military debt 5. Basic will question 6. Mortgage or not? 7. Health care costs 8. Buying silver 9. I’m almost 30, what’s next? 10. Career and life crossroads

My children have had their last four soccer games cancelled on account of rain. Our basement water pump has kicked on every few minutes for days. Our front yard is like mud.

Winter is over. Spring

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Real Estate Investment Trusts is an investment vehicle held by corporations that help in directly investing in the Real Estate Industry. They are either publicly listed on the stock exchange or privately held. They let investors to purchase trusts that hold real estate assets that generate revenue.

For corporations investing in REITs is a technique of avoiding 90% of income taxes of a company whilst distributing all the evaded taxes as dividends to stockholders. REITs were systematically composed to aid investments in Real Estate.

REITs do pay the investor significantly well. They function similarly to stocks that have a relatively small market capitalization.

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Credit card question: If I make a balance transfer to a new credit card, when can I stop making payments to my old card issuer?

Answer: This is a question I get all the time. It’s extremely important that you continue to make timely payments to your old card issuer until you’ve received news that the transfer is complete. Otherwise, you could get hit with a late fee and possibly see your FICO score take a hit.

It might be helpful to get a picture of how the balance transfer process works. First of all, choose a card that offers a zero percent intro APR on balance transfers. Befor

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Retirement planning is no slam-dunk. To make sure you retire in comfort, you have to start saving early and often. You need to pay attention to your money and not be distracted by the stresses and strains — or the joys — of day-to-day life. In the long run, you’ll thank yourself for keeping one eye focused on the future.