• Many banks, many rates: what you can do in this situation

    Many banks, many rat...

    When you want buy a savings account or CD, you’ll find many profitable offers and rates offered by banks. When you secure your hard earned money in a bank it is important to know whether the bank you put your money in can give you the best offer compared to other banks. First you need to do a needs analysis for yourself you must be very clear in your mind what you are looking for. How much risk you can take while investing in a certain deposit or a bank. By going to open a...

  • What you will get with private banking

    What you will get wi...

    When you need to use a private bank, you as potential investor should wait nothing less than the ultimate financial competence and personal attention. After all, private clients are often the most lucrative customers who no bank wants to see they go. As a holistic system the private banking directs to be a one-stop shop for financial needs of wealthy people. If the private bank does not normally provide a service, it is obtainable elsewhere, calling contacts confidence. You can get...

  • How to find the best savings account interest rate

    How to find the best...

    As a customer you should know some important things when you are looking for the next savings account with interest rates. The process of finding the best savings account interest rate differs with the economy, they are sometimes pretty decent, sometimes they are less decent. When you want to save a little amount, a bank account is simply the best place to put it. The Federal Deposit Insurance Company insure all these deposits, so if the bank fails, your money will be refunded very...

  • The most suitable bank rates for you

    The most suitable ba...

    Clearly, today, with very low interest rates being offered, finding a bank that will give you the highest possible rate for your savings account and control is very important. Some banks have higher rates than others, to find the top one is important to maximize your return on investment. Today, you can find a few banks that still propose savings accounts, because almost all of them have found new evidence such as certificates of deposit, loan, etc. Read...

Follow Us

Verizon Wireless (VZ) Could Owe Apple (AAPL) $14 Billion

Verizon Wireless and Apple shareholders might be soon facing an interesting dilemma. When Verizon initially inked a multi-year deal with Apple back in 2010, it agreed to iPhone purchase commitments in which it promised that a certain amount of iPhones would be sold annually. Since sales of Apple iPhones and other smartphones have cooled down considerably from three years ago, Verizon could owe Apple up to $14 billion for the sales shortfall. Under the terms of the deal, Verizon Wireless needed to sell $23.5 billion in iPhones in 2013. In 2012, Verizon sold less than half that number, which means that it is unlikely that Verizon can hit its previously agreed sales target.

Daily Chart

Most analysts forecast a 22% year-on-year decline in iPhone sales during the current quarter. As a result, Verizon could face a shortfall between $12 to $14 billion for the year, which under the terms of the agreement, the company would have to pay Apple.

Read more…

Edmonton Real Estate Market Weekly Update, July 5/13

Here is our update on the Edmonton real estate market. (Previous week???s numbers are in brackets). For the past 7 days:

New Listings: 393 (464, 531, 547)
# Sales: 272 (333, 340, 373)
Ratio: 69% (72%, 64%, 68%)
# Price Changes: 265 (282, 327, 304)
# Expired/Off Market Listings: 311 (130, 131, 121)
Net loss/gain in listings this week: -190 (1, 60, 53)
Active single family home listings: 2801 (2897, 2906, 2889)
Active condo listings: 1944 (2040, 2040, 2030)
Homes 4-week running average: $407k ($412k, $412k, $413k)
Condos 4-week running average: $258k ($253k, $252k, $246k)

New listings really dropped off this week, could be the timing of the long weekend, could be that sellers figured if they didn’t sell by now they might as well wait and try again next year. Luxury condo sales continue….

Read more…

Deal of the Day: Team One Credit Union Savings Rates at 0.75% APY for HSAs

Health Savings accounts are a great way to help families and individuals pay for lifes medical expenses ??These accounts provide its account holders to pay for qualified medical costs on a pretax basis. In addition to this benefit, unused balances can earn a competitive rate of interest. Members of Team One Credit Union have of the highest savings rates in the nation available to them. Currently, it is offering an interest rate of 0.75% APY through its Health Savings account.

Team One??Credit Union Health Savings??Terms and Conditions

The Health Savings account through Team One Credit Union has an interest rate of 0.75% APY.?? This interest rate is available only on balances in excess of $10,000.

Read more…

4 Ways to Cut the Medical Bills that will Inevitably Arrive

Health care costs for services, devices, and procedures are inevitable.

Even if youve taken proper preventative health care measures and are covered by insurance, you WILL encounter medical bills at some point.

It might seem as though there is nothing you can do. Lets say your physician recommends a certain procedure and even gives you the name of a doctor/place to get it done. Most of us would simply take the doctors recommendation, get the procedure done where the doctor suggested, not ask questions beforehand, get hit with a huge bill directly or with what the insurer didnt pay (which may or may not be correct), and then hopefully have enough post-tax dollars left in the bank to cover the rest.

Who are we to question any of this?

You should question it.

Read more…

Your Take: Is Our Tax System Fair?

When Miranda approached me with the idea for this mornings story, based on what she recently read in a CBO report, I thought it would make for an interesting (and lively, as all political and tax related Your Takes tend to be!) topic of discussion on the eve of the 4th of July. Well be taking tomorrow and Friday off but I wanted to discuss this before everyone left for the weekend, so we accelerated the Your Take to a very rare Wednesday afternoon. Hopefully youre all still here and can chime in.

Personally, I think our tax system is overly complicated because its a series of tax breaks and tax punishments to incentivize and penalize certain behavior.

Read more…

ProAmerica Bank CD Rates

Whether accumulated in checking or savings accounts or certificates of deposit, individuals and businesses need to make sure their money is working in the most effective way possible.?? The savings products available at ProAmerica Bank in Los Angeles, California, especially the bank CDs, can be useful tools that can help individuals and businesses put their savings to work earning a competitive rate of return.

Consumers and businesses that are looking to save for the short or long term, will find the ProAmerica Bank CDs a safe and reliable place to invest.?? Account holders can earn more at a guaranteed rate of return with the bank CDs which have terms as short as a few weeks or can be as along as a few years.?? The account earnings are guaranteed for the length of the investment period regardless of what term is chosen.

There are two basic types of CDs available at ProAmerica Bank; regular CDs and Individual Retirement Account (IRA) CDs.?? The regular or standard bank CDs have fixed rates and fixed terms and function similar to other taxable savings accounts with the notable exception of the potential for early withdrawal penalties should the account holder pull out any or all of the principal before the set maturity date.

IRAs typically pay the same interest rate as regular CDs.?? However, IRA CDs offer additional tax benefits for qualified account holders.?? This taxation relief is perfect for individuals who have determined that their CDs will be used for retirement only, rather than short-term, quick-return investments.?? However, it???s important to note that for an IRA CD account to remain tax-free certain guidelines must be followed.

The tiered interest rates on the bank CDs are established periodically based upon market rates for term investments.?? The ProAmerica Bank CD interest rates are based on current market conditions and are subject to change based on changes in the market.?? Contact the bank directly for the most up to date and accurate bank rates and account terms and conditions.

A ProAmerica Bank customer service representative can be reached by calling the bank at (213) 613-5000.?? ProAmerica Bank is based in Los Angeles, CA.

Additional resources to help consumers find the best CD rates in the region are available at SelectCDrates.com under the bank rate table, California CD rates.?? All information provided through this site is intended to be accurate, but the information is not guaranteed.

Bank of England’s Mark Carney greeted by signs of recovery

Mark Carney enters his first rate-setting meeting as Bank of England governor this week armed with further evidence of Britain’s economic recovery, as a wide-ranging survey signals rising confidence, strong export growth and job creation among UK businesses.

The British Chambers of Commerce report, published on Tuesday morning, suggests that the economy is building towards the “escape velocity” that Carney pledged to oversee when he was appointed. It builds on data released on the Canadian’s first day at Threadneedle Street that suggested Britain’s manufacturers enjoyed their strongest growth in two years in June.

The recent flurry of improved economic news has fanned expectations that Carney and his colleagues will hold fire at the monetary policy committee meeting this week.

Read more…