Capital One is offering 5.5% APY on a 7-year CD. This rate is among the highest yielding CDs available now. If you do not need the money for 7 years, this a very good investment with a low degree of risk. A CD can also be used to diversify your investments.

Here are some of the [...]

Dow closes 189 points higher today. The DOW was in positive territory most of the day, which is good news. Hopefully, we will see some consolidation here before the next rally. I think it is a good time for the market to go higher before the Presidential elections, which is only 5 more days away.
Dow [...]

Continued from Philadelphia Tenants Saga…
Two weeks later after the last phone conversation with my tenant and his wife, I received a phone call from my tenant. He said that they have the $400 check for me. They were supposed to send the check one week ago, but I let it go. He also said that [...]

The latest edition of the Carnival of Personal Finance, the “Financial Armageddon” edition, is now online at Master Your Card. Jonathan selected one article to feature as Editor’s Choice, Obama vs. McCain: Presidential Candidates Sound Off on Your Money.

Today’s Trades (10/29/2008)
Sold shares of XLF @ $14.85
XLF opened at 14.90, lower than yesterday’s close at 15.25. I saw it dropped to the low 14’s and when it bounced back I sold shares at 14.85. I could have waited and sold it above 15, but I could have missed out an opportunity to sell if [...]

Dow 8,990.96 -74.16 -0.82%
Nasdaq 1,657.21 +7.74 +0.47%
S&P 500 930.09 -10.42 -1.11%
Today’s Winners are Energy and Materials. Today’s Losers are Telecom and Utilities.
Fed cuts key interest rate half-point to 1 percent
Stocks end mixed in late slide after Fed rate cut

Finally, the stock market has come back with a strong rally. Stocks surge as investors hunt for bargains. The DOW jumped almost 890 points.
Dow 9,065.12 +889.35 +10.88%
Nasdaq 1,649.47 +143.57 +9.53%
S&P 500 940.51 +91.59 +10.79%
Verizon Communications Inc. (VZ) continued to go up and closed at 31.65. I had sold all my shares of VZ at [...]

I have switched over to the ArchitecturalDigest theme for my blog. I had noticed a problem with the i3Theme template. The right sidebar is not displayed correctly in Internet Explorer 6.x. About 20% of my readers are using IE 6.x so that is a decent size of the population.
The ArchitecturalDigest theme seems more appropriate [...]

The market continues to drop. Are we close to a bottom? I do not know. I took advantage of today’s good news from Verizon and sold my Verizon shares.

With wreckage piling up, Fed eyes another rate cut
Robert Sinche of Bank of America talks about why the US Dollar is strengthening.