Saving and Investing ideas | Saving to Invest

Rates on Savings Accounts and CDs Set to Increase

The Federal Deposit Insurance Corp (FDIC), the agency that guarantees bank deposits, is expected to ease rules restricting relatively weak banks and thrifts from paying higher rates to attract deposits. Under current rules, institutions rated below "well-capitalized" are restricted from paying rates much higher than U.S. Treasury bond yields. But…

Signs When to Sell a Losing Stock

It is very easy to buy a stock. Selling a share or stock though, especially if it has lost value, is a much harder process because of the emotions involved. Knowing when to sell a stock, and actually doing it, is tough and that is why most people like to…

Tax-Exempt Money Market Funds are Rocking

Why are tax free money market funds providing relatively decent yields compared to leaving your money in a regular bank account? Pamela Wisehaupt Tynan, who oversees Vanguard's municipal money market funds says "These unusually high yields are simply a function of how the money market arena is reacting to events…

10 Car Buying Tips to Getting a Great Deal

After driving the same family car for the last 7 years, my wife and I decided it was time to get a new car that provided better fuel efficiency and some of the nice to have modern features. Not having bought a car for quite some time meant that I…

Dividend Reinvestment Plans (DRIPs): How They Work and Whether They’re Worth It

A dividend reinvestment plan (DRIP) takes the cash dividend a stock or fund pays you and automatically uses it to buy more shares — instead of depositing it in your account as cash. It's been around since the 1960s, and most brokerages now offer it as a free, one-time setting…

How to Deal With Higher Taxes With New Tax Laws

With the latest Democrat tax proposals, a growing national debt and continued increases in government spending, taxes are going up sooner or later. Despite all the political mutterings, rising taxes seem a certainty. Tax hikes will be rising to finance our high national debt and to pay for long term…

A Look At The Capital One 360 High Interest Online Savings Account

I recently received a reader question asking me which high yield online savings account is better - the one from HSBC or Capital One's 360 savings account? I had previously written about the appropriate use of high yield savings accounts (HYSA) and in uncertain times, like now, they are a good place to…

Gas Prices in July 2026: What’s Driving the Increase and How to Cut Your Fuel Costs

The national average for a gallon of regular gas hit $3.94 on July 16, 2026 — up 10 cents in a single week, and up from $3.83 just two weeks earlier on July 2, according to AAA's daily fuel price tracker. This page tracks what's driving prices each month and…

Effectively using freed up Daycare dollars

The cost of daycare for preschool age children can be one of the most significant expenses parents face. According to the National Association of Child Care Resource and Referral Agencies, a family with a 4 year old child could pay upwards of $10,000 a year for center-based child care. I…

Money and Happiness – What You See May Be a Mirage

A while ago I came across a poignant article in the Wall Street Journal - You're Not Super Rich? You Lucked Out, by Jonathan Clements which got me thinking about this concept. Here are some excerpts from it that I think ring especially true. On the face of it.... We…

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