Markets

Fixed-income investing is a strategy that focuses on low-risk investments paying a reliable return

Fixed-income investing involves assets that generate a stable and often predetermined return, usually by way of set interest payments or dividends. Fixed-income investments are typically considered low risk, and include bonds, CDs, annuities, and preferred stock. Though relatively safe, fixed-income vehicles are subject to inflation risk and don’t offer much […]
Fixed-income investing is a strategy that focuses on low-risk investments paying a reliable return
Markets

Here are the banks with the best CD rates

Here are the best CD rates right now: Ally Bank: Best CD rates overall Capital One 360: Best CD rate for 1-year term Discover Bank: Best CD rate for 3-year term Ally Bank: Best CD rate for 5-year term Barclays: Best CD rate for a low minimum deposit/high APY Marcus […]
Here are the banks with the best CD rates
Markets

An indicator that last blew up during the GFC is on the move again

The Reserve Bank of Australia (RBA) isn’t overly concerned about a recent spike in short-term US dollar borrowing costs, suggesting it’s not been driven by a perceived deterioration in creditworthiness in the financial system. It’s not a GFC-type event, in other words. “The recent spike does not relate to major […]
An indicator that last blew up during the GFC is on the move again
Tech

CDs are starting to rot — here’s how to preserve them

It has been almost 35 years since Polygram, Sony and Philips executives gathered at a German factory to get their hands on the first Compact Disc. Now, the first batch of CDs produced are starting to fall victim to what is known as “disc rot”. Disk rot is what occurs […]
CDs are starting to rot — here’s how to preserve them
News

Best Buy is pulling CDs from its stores — and people are freaking out

According to Billboard, Best Buy recently told music suppliers of plans to pull CDs from its stores. Target is expected to follow suit. Even though people are increasingly getting their music from streaming services and vinyl, many were shocked and upset by Best Buy’s decision. Best Buy, formerly one of […]
Best Buy is pulling CDs from its stores  —  and people are freaking out
Markets

China is mulling whether to allow credit default swaps trading

Amidst a wave of defaults and mounting concerns over the creditworthiness of many corporate entities, China is considering whether or not to permit credit default swaps (CDS) trading. According to a report from Bloomberg, citing persons familiar with discussions, China’s National Association of Financial Market Institutional Investors, a subsidiary of […]
China is mulling whether to allow credit default swaps trading
Markets

The cost to insure Australian bank debt is rising

On the back of a slowing housing market, uptick in home loan arrears, commodity price rout and persistent concerns surrounding its largest trading partner, China, the perceived riskiness of Australian banks is on the rise, according to the credit default swap (CDS) market. A CDS is a contract that transfers […]
The cost to insure Australian bank debt is rising