Tuesday, June 28, 2016

Money Market Rates June 2016

Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:

1.05% GS (Goldman Sachs) Bank Online Savings
1.00% Ally Bank Online Savings
0.95% Discover Bank Online Savings
0.95% FNBO Direct Online Savings
0.90% American Express High Yield Savings
0.75% Capital One 360 Savings
0.25% Unify (Western) FCU Money Market
0.03% Citibank Savings Plus
0.03% Chase Plus Savings

In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 6/27/16. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks. I recently added GE Capital Bank has changed its name to GS (Goldman Sachs) Bank. By a small margin, GS Bank Online Savings retains the top position on this list yielding 1.05% APY.

Western Federal Credit Union has announced that they have changed their name to Unify Financial Credit Union. All accounts and services are intended to remain the same after the name change.

The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.

So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.

PFS

Thursday, May 26, 2016

Money Market Rates 5/16

Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:

1.05% GS (Goldman Sachs) Bank Online Savings
1.00% Ally Bank Online Savings
0.95% Discover Bank Online Savings
0.95% FNBO Direct Online Savings
0.90% American Express High Yield Savings
0.75% Capital One 360 Savings
0.25% Unify (Western) FCU Money Market
0.03% Citibank Savings Plus
0.03% Chase Plus Savings

In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 5/25/16. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks. I recently added GE Capital Bank has changed its name to GS (Goldman Sachs) Bank. By a small margin, GS Bank Online Savings retains the top position on this list yielding 1.05% APY.

Western Federal Credit Union has announced that they have changed their name to Unify Financial Credit Union. All accounts and services are intended to remain the same after the name change.

The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.

So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.

PFS

Friday, April 29, 2016

Credit Card Bonuses 2016

Save money on purchases and get cash back with the following coupon codes and credit cards:

Citi Dividend Card
  • 5% cash back 4/1/16 - 6/30/16: Drug Stores, Fitness Clubs
  • 5% cash back 7/1/16 - 9/30/16: Hilton & Car Rentals
  • 5% cash back 10/1/16 - 12/31/16: Best Buy & Department Stores
  • 1% on everything else.
Discover Card
  • 5% cash back 4/1/16 - 6/30/16: Restaurants & Movies
  • 5% cash back 7/1/16 - 9/30/16: Home Improvement & Amazon.com
  • 5% cash back 10/1/16 - 12/31/16: Amazon.com & More
  • up to 1% on everything else.
Barclaycard Arrival World MasterCard (Travel Rewards)
  • 2.1% on travel and dining
  • 1.05% on everything else.
  • No annual fee.
BankAmericard Cash Rewards
  • 3% on gas
  • 2% at grocery stores
  • 1% on everything else.
  • No annual fee.
Costco TrueEarnings Card from American Express
  • I've stopped using my Costco American Express card since it will be discontinued early in 2016. At this point, I have no need for an AmEx card since Costco will no longer accept it.
Citi ThankYou Card
  • 2X points on Dining Out & Entertainment
  • 1X points on everything else.
Barclaycard Arrival Plus World MasterCard (Travel Rewards)
  • 2.1% on travel and dining
  • 2.1% on everything else.
  • ($89 annual fee after first year)

PFS

Tuesday, March 22, 2016

Money Market Rates 3/16

Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:

1.05% GE Capital Bank Online Savings
1.00% Ally Bank Online Savings
0.95% Discover Bank Online Savings
0.95% FNBO Direct Online Savings
0.90% American Express High Yield Savings
0.75% Capital One 360 Savings
0.25% Western FCU Money Market
0.03% Citibank Savings Plus
0.03% Chase Plus Savings

In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 3/21/16. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks. I recently added GE Capital Bank to the list, and GE has announced plans to sell their online deposit accounts to Goldman Sachs Bank. By a small margin, GE Capital Bank Online Savings retains the top position on this list yielding 1.05% APY.

Western Federal Credit Union has announced that they will change their name to Unify Financial Credit Union. All accounts and services are intended to remain the same after the name change.

The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.

So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.

DC

Monday, February 8, 2016

Online CFD Trading: Tips and Strategies

Online CFD trading is hard work. In this very daunting but exciting process, you’ll definitely need all the help you can get. Here are several tried and tested tips and strategies that will put you ahead of your competition.

1.) Short-Term or Long-Term Online CFD Trading
A big mistake made by beginners at online CFD trading is that they jump immediately into trading without thinking if they want to trade in real-time (meaning doing the work as the currency fluctuates every hour or day) or long-term (meaning focusing on big shifts in the prices). While this may be a good idea in order to take advantages of each and every opportunity, it can be time-consuming, not to mention tiring. It is pivotal that a trader must only focus on one specific type of trading. This will not only keep him focused on one goal, but it will also provide him the experience and learning he needs to become an expert at that specific field.

For those who want to make a commitment to online CFD trading, our suggestion is to take the long-term route. This type of focus is more sustainable and will give you the breathing room you need to take a step back and analyze trends and patterns in the fluctuations. In the long run, it might even become a profitable venture.

2.) Explore Swing Trading
One mostly ignored strategy is swing trading. Swing trading refers to the process of take advantage of small fluctuations within larger patterns in the Forex chart. These are excellent opportunities for purchasing currencies as this usually means that the data is telling the user that the prices will continue to spike upwards. This is a good way to earn important and valuable currencies in a quick, intelligent and efficient manner.

3.) For the Anxious Ones, There’s Always Hedging
If you’re not a big risk taker, there’s always hedging. Hedging, in the CFD trading world, refers to the process of protective a specific position from a risky performance in the currency exchange rates.

Hedging requires a close eye for detail. It requires analysis, and anticipating possible risks, and moving your currencies in order to protect it from potential losses. By doing this, you’ll be able to keep your assets safe for a long time.

4.) Finally, Tuck Away Your Capital
A lot of individuals in the online CFD trading world just buy and sell and repeat the process over and over without a clear regard for their startup capital. It is important for traders to hide some piece of capital away in order to ensure that they have a lifeline during desperate times.

Losses happen in the online CFD trading world. It is unavoidable. Even the best traders have experienced it. Having a capital safe and protected ensures that you can start again even when you have lost all your currencies.

These are but some of the many strategies you can use when dealing with online CFD trading. With a few more years, you can devise your own that’s going to give you an advantage over your fellow traders.

Thursday, January 28, 2016

Money Market Rates 1/16

Here are the latest money market interest rates of the banks that I've been tracking on my blog. Note that these rates are sorted by APY, and represent institutions that I have accounts at, or have otherwise mentioned in my blog:

1.05% GE Capital Bank Online Savings
1.00% Ally Bank Online Savings
0.95% Discover Bank Online Savings
0.95% FNBO Direct Online Savings
0.90% American Express High Yield Savings
0.75% Capital One 360 Savings
0.25% Western FCU Money Market
0.05% Citibank Savings Plus
0.03% Chase Plus Savings

In some cases, MMA interest rates are tiered. If this is the case, I usually report the interest rate at the $10,000 tier in these updates. Rates are believed to be accurate as of 1/27/16. I did not include banks that had special, or introductory rates in the list because they are not ongoing interest rates. I am also not including non-liquid accounts such as CD's in the list. I have included one credit union in the list so that readers have a comparison point with banks. I recently added GE Capital Bank to the list, and GE has announced plans to sell their online deposit accounts to Goldman Sachs Bank. By a small margin, GE Capital Bank Online Savings retains the top position on this list yielding 1.05% APY.

The frequent changes show how variable the money market is. Because this is a constantly moving target, it has been very hard to keep track of the rates that I've been getting in my various money market accounts, and this is the main reason I've decided to compile a list of these annual percentage yields.

So, that is the latest list of money market rates. Please let me know if you know of any higher interest rates.

DC

Monday, December 21, 2015

Credit Card Bonuses 2016

Save money on purchases and get cash back with the following coupon codes and credit cards:

Citi Dividend Card
  • 5% cash back 1/1/16 - 3/31/16: New Beginnings: Home Depot & Home Furnishing Stores
  • 5% cash back 4/1/16 - 6/30/16: Drug Stores, Fitness Clubs
  • 5% cash back 7/1/16 - 9/30/16: Hilton & Car Rentals
  • 5% cash back 10/1/16 - 12/31/16: Best Buy & Department Stores
  • 1% on everything else.
Discover Card
  • 5% cash back 1/1/16 - 3/31/16: Gas & Ground Transportation
  • up to 1% on everything else.
Barclaycard Arrival World MasterCard (Travel Rewards)
  • 2.1% on travel and dining
  • 1.05% on everything else.
  • No annual fee.
    Costco TrueEarnings Card from American Express
    • I've stopped using my Costco American Express card since it will be discontinued early in 2016. At this point, I have no need for an AmEx card since Costco will no longer accept it.
    Citi ThankYou Card
    • 2X points on Dining Out & Entertainment
    • 1X points on everything else.
    Barclaycard Arrival Plus World MasterCard (Travel Rewards)
    • 2.1% on travel and dining
    • 2.1% on everything else.
    • ($89 annual fee after first year)

    PFS