August, 2009

Even ‘Safe Money’ Can Be Parked in Short-Term Bonds

Cash really is trash. The average taxable money-market fund yields 0.08 percent. The yield of the average tax-free money fund is 0.12 percent. Even a one-year bank certificate of deposit will, on average, pay you less than 1.8 percent, according to Bankrate.com. Read more about Even 'Safe Money' Can Be Parked in Short-Term Bonds...

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Cash for Clunker Cribs

Toys R Us is getting in on the clunker craze If you’ve been wishing you could get a better crib, car seat, or stroller than the one you have now — without having to first go online and type “no fax payday loans in West Maryland no credit check” into your Google search bar — ...

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Retail Analyst: Consumers Benefit From Layaway

Retail analyst Howard Davidowitz says the economy has forced many retailers to again offer layaway. Most retailers had stopped because it was not economical for them. Davidowitz tells Ari Shapiro that layaway has some advantages for consumers — but they better make sure they will be able to make the final payment, or they will ...

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Cash for Clunkers | Taxable?

The truth… plus success in New Hampshire Stop worrying, people. Cash For Clunkers isn't taxable (Photo: flickr.com) Cash for Clunkers has come to an end long before the Obama administration initially anticipated. They’re calling it a success (as are some dealers, save for those with the largest paperwork filing nightmares), yet questions remain as to why it ...

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Understanding Your Home Appraisal

This is a guest post from Liz Freeman, who writes about mortgage and finance issues. Freeman is the spokesperson for ShopRate.com, an online tool for finding the lowest mortgage rates since 2000. “If I’m willing to pay X for the home, it must be worth X, right?” There’s a lot of truth to that statement. Most ...

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