The price of oil has slowly started to inch up, with pundits saying we shall soon see $100 per barrel again if the recession gives way. That certainly will mean higher gas prices. And speaking of higher gas prices, look at what the rest of the world is paying right now for gasoline: United States: […]

Who did well trading with market forecasts for IRA accounts last year? John Thomas, founder of the international hedge fund industry. Last year (2010), the top performing stock market in the world was Argentina. He caught and recommended stock market number two, Chile (ECH) which went up +45% and he got a 75% return on […]

Here are the best rates from California banks for one-year certificates of deposit: United Central Bank 1.51% F & A Credit Union 1.50% Alliant Credit Union 1.40% American Plus Bank 1.26% Redding Bank of Commerce 1.26% Nationwide Bank 1.25% Pacific Mercantile Bank 1.20% OneWest Bank 1.20% Chevron Federal Credit Union 1.20% Lockheed Federal Credit Union […]

Goldman Sachs economist Jim O’Neill recently forecast we might see a 20% rise in US stock prices in 2011 because of improving growth, falling unemployment and higher national consumer confidence. He currently forecasts a growth rate for the US economy of 3.4% in 2011 and 3.8% in 2012. O’Neill first coined the phrase “BRICs” for […]

The interest rates charged on fixed mortgages have risen for the fourth straight week. Some fear that the rise, which goes against QE2, could slow house refinancings and further put a damper the already depressed housing market. Despite valiant efforts from the FED, low mortgage rates did little to boost the struggling housing market. However, […]

We haven’t updated our California savings account interest rates reporting in a while because, well, rates have been so low and doing nothing at all. But times are a changing. We are starting to see some movement at the low end of the interest rate curve because rates are rising a bit. Here are the […]