Return On Investment

While traditional brick and mortar banks can be very convenient, they can rarely compete with the high interest rates offered by online high yield savings accounts. Personally, I think these online high interest accounts are the best place to stash your emergency fund and save up money for your short-term goals, such as, saving money [...]

The following is a list of top online banks that offers high yield savings account, high interest savings account, or high yield money market account. All of these accounts are FDIC insured up to $250,000. Your principal is protected and you’re guarantee a positive nominal return on investment. For March 2010, the average interest rate [...]

A common lesson from a children’s story book has become one of the guiding principles for investing: “Don’t put all your eggs in one basket.” But lately, I’ve come across a few articles where people are questioning the wisdom of diversification. Today, we are going to ask the question – could you make more [...]

The following is a list of the nationally available highest yields 12-month CD rates. In general, certificates of deposit (CDs) are great investments because your principal is protected by FDIC insurance and your interest rates are guaranteed. Moreover, you can use CD Ladder to make your CD savings more flexible and effective. You can open [...]

Financial independence is a term typically used to describe a state where you have sufficient assets to live a certain lifestyle indefinitely without having to work or be employed.  Whether your income is derived from interest on savings, investment income, real estate income or something else, it really doesn’t matter.  The key is that you’re [...]

A mutual fund represents money contributed by multiple investors.  That money is managed by an individual, or more likely, a whole slew of individuals.  Not surprisingly, those folks who help manage and oversee your money do not do it on a volunteer basis.  They get paid.  Do you want to guess who pays them?  You [...]

To help you make the most of your 2009 taxes, here are some tax tips to help you organize, prepare, and take advantage of the available tax deductions and tax credits for 2009 tax year. Instead of trying to compile my own list, I reached out to a few personal finance bloggers to share their [...]

While random chance plays its role in tax audits (sometimes there is just no way to avoid some sort of an audit — no matter what you do), there are some red flags that may prompt a closer review of your paperwork. Here are some tips for avoiding a tax audit.

If you’re a savvy investor, you most certainly have a fair bit of cash tucked away for general spending and emergencies. The stock market is a long term investment and if 2009 taught us anything, it was to not have money you need to spend in the stock market. So where do you put the [...]

Given recent economic news, more and more investors are turning to gold as a way to preserve the value of their financial portfolio. Gold has traditionally been considered a safe haven for investment, since it tends to maintain its value during times of economic crisis and upheaval. Gold is an especially good hedge against inflation [...]