This Bloomberg Business Week article describes why banks want higher interest rates in 2014. By lowering its target interest rate to almost zero in 2008, the Federal Reserve allowed the banks to pay much less for the money they borrow to lend… Banks were able to borrower from the Fed at an interest rate of .25% and turn around and lend in my world of commercial real…
CONTINUE READING >Steps I’m taking to get organized….part 2. The first place to start with organizing our life and documents was to get caught up with a Final Will and Testament. We had one when the kids were first born but had not updated since then. Things have changed in the last 30 years! Wills dispose of property owned at death, designates executors, trustees and guardians. These…
CONTINUE READING >SaverNotes is pleased to announce that we have paid our first quarterly interest payment for investors of record as of the end of the fourth quarter of 2013. We designed several features in SaverNotes to be cost effective for investors and to be environmentally green as well. Our interests are aligned with our investors to generate a high current return for them and provide an additional interest rate kicker…
CONTINUE READING >I have run over 4,000 miles since I turned 50 and have run several marathons and half marathons. These haven’t been record setting times for anyone but goals I set for myself and accomplished. I found great satisfaction in achieving these goals. I have run over 4,000 miles since I turned 50 and have run several marathons and half marathons. These haven’t been record setting…
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