The past quarter has been filler with a plethora of surprises, both domestically as well as internationally. A prolonged period of historically low interest rates has led the market into a feeling of precarious calm, with undertones of panic, although most won't admit it. It's been called the most hated Bull Run in the history…
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Good Debt vs. Bad Debt
Since May of 2013 the Government has raised its benchmark interest rate on the 10 year Treasury bond over 30% in under six weeks giving banks and lenders the long awaited green light to raise rates on many varieties of loans we use. We carry many forms of debt on our household balance sheet and…
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The Household Balance Sheet
As a kid, I remember the old pepsident commercial (everybody sing) "I wonder where the yellow went when I brush my teeth with Pepsident." It seems that catchy tune of the era could be changed in part to "I wonder where the money went..." when we sit down to do our bills monthly. It seems…
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The Teeter-Totter Effect
HISTORICALLY LOW INTEREST RATES FOR THE past few years have been very helpful to those refinancing their mortgages and extending loans, such as car, boat and general credit card rates. The yin to the yang has been the negative effect to those on fixed income, and those folks depending on interest income from fixed income…
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