Chrysler LLC says it will allow customers to purchase cars under finance deals with payments similar to leases.
According to the USDA:
The reduction in wind speed behind a windbreak modifies the environmental conditions in this sheltered zone. The sheltered zone extends as far as ten to fifteen times the height of the windbreak downwind from the windbreak.
Key To Obtaining Benefit
Here are some links:
Money Writers:
More Financial Posts:
I have recently finished reading The Five Dysfunctions Of A Team written by Patrick Lencioni.
A GREAT book. If you are a leader, this book will cause you to think through your team in a new way and could quite possibly take your team to a new level of performance.
Here are some key points I took from this book:
Well written. I read this book in five to ten minute sections, and I found that it was very effective for me to read it this way. It allowed me to process what I read and then come back to it later having thought it through.
WSJ Prime Rate: 4.00% - Difference from best liquid account: 0.00%
Next FOMC meeting: Dec. 16th
Fed Funds Rate: 1.00%
Fed Funds Rate Prediction
Savings, Checking, and Money Market Accounts:
Hard Debit ACH
APY Eff. Bank/CU/Other Min Inq. Checks Card Orig/Target FW link Notes
4.00% 10/08 DollarSavingsDirect $1K N N N Y/N* fw link 1% < $1K, no fees, no ACH pull
4.00% 10/23 UFB Direct Traveler Svng $500 Y N Y N/Y fw link 500 AA miles; up to $4.50/stmt ATM reimb
3.80% 10/03 Venture Bank Direct $0 N N N Y/Y fw link
3.75% 11/19 CNB Bank Direct $0 Y N N Y/Y fw link $1 min to open
3.75% 11/06 Corus Bank Ultimate MMA $10K N Y Y N/Y $100 open. $10K avoid $25/mo
3.75% 10/24 GMAC Bank Online Savings $0 N N N Y/Y fw link
3.75% 07/01 Alliant CU Savings $5 Y Y* Y* Y/Y fw link If<$100,0% APY; *via linked acct
3.75% 10/03 OneUnited Bank Savings $1K N N Y Y/Y fw link Int. quarterly. $50 open bonus.
3.75% 08/22 Provident Direct $1 N N Y Y/Y fw link limits on transfers. see thread.
3.75% 08/01 Union Federal Savings MM $1 N N N Y/Y fw link
3.75% 10/28 Sovereign Bank MM $75K N Y N N/Y <$75k=3.25%, <25k=2.75%, <$10k=2.50%, *$2k min to avoid $5 fee
3.66% 11/05 Cap One Costco Savings $10K N N N Y/Y fw link 2.75% < $10K, no fees
3.65% 07/24 Flagstar Express MMA $0 Y Y Y Y/Y fw link
3.60% 09/29 OnBank MM Savings $1 N N N Y/Y
3.25% 11/21 Amegy Bank MMA $10K N N Y N/Y $12/fee<$1K
3.57% 05/05 Century Bank MM $1K N Y Y N/Y fw link only 3 free withdrawals/month
3.55% 07/29 Doral Bank Direct $1K ? N N Y/Y fw link >$250 to avoid fees
3.55% 09/04 Cap One Online Savings $10K N N N Y/Y fw link 2.55% < $10K, no fees
3.52% 09/12 Nationwide $1K N Y Y Y/Y fw link
3.21% 06/30 Everbank YieldPldge MM $0 N N N Y/Y fw link Intro. 4.76%, $4.95/mo3.51% 11/04 Virtual Bank $100K N N N Y/Y $10k-$25k 3.05%,$25K-$50K 3.20%, $50K-$100k 3.30
3.50% 11/12 Indymac E-Money Market $50K N N N Y/Y fw link $7 fee< $1K, FDIC run since 7/11
3.50% 10/22 ING EO Checking $100K N? Y Y Y/Y fw link 1.50% <> $50K
3.50% 08/20 Wachovia MM Savings $1K Y? N N Y/Y $2.5K to avoid $10/month fee. Rate varies by Zip.
3.50% 06/04 ShoreBank $1 ? N N Y/? fw link
3.50% 11/21 E-Loan Savings Plus $100K N N N Y/? fw link $5K open. no min. tiered. $100/mo deposit req.
3.46% 04/22 Bank of Internet MM $1 ? Y Y N/Y fw link $100 to open, no fees
3.41% 05/05 Century Bank Savings $100 N N N N/Y fw link Only 3 free withdrawals/month
3.41% 11/01 Zions Deseret MMA $2500 N Y ? N/Y fw link
3.40% 04/22 Umbrella pot o gold $1K N Y Y Y/? fw link
3.35% 10/16 Salem Five $100K N Y Y N/Y fw link
3.31% 08/23 WT Direct Savings $10K N N N Y/Y 0.50% < $10K, no fees
3.30% 09/12 E*Trade Complete Savings $1 N N N Y/Y fw link $25 Account opening bonus
3.28% 04/01 IGObanking Savings $1 N N N Y/Y fw link
3.25% 10/22 FNBO Direct $1 N N N Y/Y fw link
3.20% 04/09 Capital One Costco $100 N Y Y Y/Y fw link $1K to open
3.11% 04/22 giantbank.com MMA $1K ? Y N Y/Y Min. 1K to open, < 1K = 0%
3.05% 05/07 Savings Square $1 N N N Y/Y fw link
3.05% 03/28 Amboy Direct Savings $1 N N N Y/N* fw link No ACH pull
3.00% 10/21 HSBC Direct $1 N N Y Y/Y fw Link
3.00% 08/01 Emigrant Direct $1 N N N Y/N* fw link No ACH pull
3.00% 02/29 GMAC Bank Money Market $500 N Y Y Y/Y fw link
3.00% 11/18 Citi Ultimate Savings $0 N N N Y/Y fw link
2.90% 11/18 Countrywide SavingsLink $50K N N N Y/Y fw link <$10K 1.75%, $10K-$50K 2.90%
2.90% 09/12 E*Trade MaxRate Checking $5K Y Y Y Y/Y fw link 0.5% < $5K
2.75% 03/19 ING Direct $1 ? N N Y/N fw link
2.75% 05/03 Apple Bank Grand Yield $1 N N N Y/Y fw link $2500 to open
2.75% 11/18 Citi Ultimate Money $0 N N N Y/Y fw link Must have Citi checking
2.60% 05/11 Presidential Bank $5K Y Y Y Y/Y fw link $5K to open, >$35K = 2.4%
2.50% 10/16 BankMutualDirect $25K Y N N Y/Y $125/mo if bal < $25K!
2.45% 05/21 SECU Advantage MM $100K N Y Y N/Y fw link
2.25% 11/14 WaMu Online Savings $1 N N N Y/Y fw link Run by JP Morgan Chase since 9/25
2.01% 11/17 EverBank FreeNet Checking $1 Y Y Y Y/Y
1.50% 11/14 Schwab Checking $0 Y* Y Y Y/Y fw link 2nd hard inq. w/ margin
1.50% 08/17 AmTrust Direct e-savings $1 Y N N Y/Y fw link 4% for 90 days new money
0.60% 10/31 Fidelity mySmartCash $0 N Y Y Y/Y fw link Higher APY with FSLXX, ATM rebates
Reward Checking Accounts:
Most Reward Checking accounts have a cap on the balance that earns their high yield. Any balance above that cap will earn a much lower yield, typically 1.01% APY. They also have stringent requirements that must be met during each statement cycle, such as 10 debit card transactions, 1 direct deposit or other ACH transaction, receiving e-statements, and logging into on-line banking at least once. Not meeting the requirements for a statement cycle usually nullifies other features that might apply, such as ATM rebates, and drops the yield drastically, typically to 0.25% APY. Click on a link below or on Reward Checking Accounts (High Yield and Available to All) for details regarding a specific account.
APY Eff Bank/CU/Other Min HInq HY Cap Debits ACH FW link Notes
6.31% 10/01 MidWest America FCU $0 N 25K 10 ? fw link 25K , 0.11% APY
6.01% 00/00 Charter Bank $0 N 25K 13 T fw link 25K , 1.01% APY
6.01% 04/01 Golden Plains CU $0 ? 25K 10 T fw link 25K , 0.51% APY
6.01% 00/00 Coulee Bank $0 ? 25K 10 ? fw link 25K , 1.01% APY
5.15% 05/31 First New England FCU $0 Y 25K 12 T fw link 25K , 3.00% APY
5.06% 04/09 Heartland Community Bank $0 ? 30K 10 T fw link 30K , 1.31% APY
5.01% 00/00 Coastal Federal CU $0 N 50K 12 T fw link 50K , 0.60% APY
5.01% 04/30 West Texas National Bank $0 ? 25K 10 T fw link 25K , 0.85% APY
4.51% 05/15 The Bank of Fayetteville ? ? 50K 10 T fw link 50K , 1.01% APY
4.44% 02/05 1st Arkansas Bank & Trust $0 N 50K 10 O/T fw link 50K , 1.76% APY
3.01% 03/20 State Bank of Toledo $0 ? 70K 10 T fw link 70K , 2.21% APY
4.01% 04/01 Provident CU $0 ? 25K 10 T fw link 25K , 1.01% APY
3.51% 07/20 Connexus CU $0 ? 25K 10 T fw link 25K , 0.75% APY
Accounts not insured by the FDIC or NCUA:
Hard Debit ACH
APY Eff. Product Min Inq. Checks Card Orig./Target FW link Notes
2.20% 10/24 Russell MMF $1 N N N NA/NA RMMXX
2.97% 10/24 Fidelity Select MMF $2.5K N N N NA/NA FSLXX; Min. at Fidelity
2.94% 10/24 Fidelity Cash Resrv MMF $2.5K N N N NA/NA FDRXX; Min. at Fidelity
1.69% 10/24 Fidelity Municipal MMF $2.5K N N N NA/NA FTEXX; Tax-exempt.
You can invest in a Money Market Fund (designated with MMF on this list) through various brokers, including on-line discount brokers. Use this APY calculator to convert the MMF's 7-day Yield to an APY based on daily compounding for comparison with other products in this Quick Summary. The MMF APY is converted from the 7-day Yield in the ticker link in the notes column. A Tax-exempt fund is one for which proceeds are not considered taxable income by the IRS. To convert a tax-exempt yield to it's comparative taxable yield, use this calculator.
If you're in an M&A trajectory right now as a Director and you're starting to feel a little bit uncomfortable: don't worry: I expect an expanded role of independent advisors to the board likely to follow suit, moving well beyond fairness opinions into the above areas ;-)
The sky is falling. This is an overdue correction. Start shorting! but don't get caught in the whiplash of the buyers.
Cookson (iancookson [at] gt.com) recommends the following useful shopping list in the "Financial Excutive" of Oct2004 for Key Responsibilities of the Board of Directors during an M&A:
A dealmakers attitude can be killing for long-term value creation. Ertel provides five tips that can help a negotiation team to work with the right (the-real-value-is-created-during-implementation) mindset:
To win, you have to envision your goal as (just) beyond the finish line so you will blow right past it at full speed. That makes good advice for managers, especially when you're dealing with complex negotiations such as in alliances, mergers, acquisitions and outsourcing. In corporate finance it often pays out to make sure both parties interests are aligned, even if that means leaving some money on the table. The most expensive deal is the one that fails...
To win, you have to envision your goal as (just) beyond the finish line so you will blow right past it at full speed. That makes good advice for managers, especially when you're dealing with complex negotiations such as in alliances, mergers, acquisitions and outsourcing. In corporate finance it often pays out to make sure both parties interests are aligned, even if that means leaving some money on the table. The most expensive deal is the one that fails...
just finished reading a superb new book on value based management called "Questions on Value". One of the 11 papers in the book I liked most is about "Achieving valuable growth through M&A - Boardroom lessons for the acquisition game".
This article is a contribution of Mark L. Sirowe, Global Leader of the Mergers and Acquisitions practice of Boston Consulting Group and Professor at Stern University (New York).
It shows Mr. Sirowe is both a seasoned M&A consultant and an excellent lecturer. The article reads indeed like very good lessons at boardroom level on:
- how companies can establish strategic M&A processes and become an "always on company" as Sirowe calls it, and
- what boardrooms should go through on proposed deals.
To give you just a taste of the article, as a final M&A racing diagnostic Sirowe recommends boards to ask/think over the folowing questions:
FDIC is bankrupt. Its not disclosed. They dont have any insurance to Banks. Put your cash under your bed, walls, like our forfathers. Your CDs and deposits are not protected, its a myth. If the public knew the FDIC truth, its broke also their would be PANIC!
Commercial real estate is following the same downward trajectory as residential housing. They're both headed for the bottom of the fish-tank. Any slump in CRE will send unemployment skyrocketing while adding to the solvency problems facing the banks.
I hate to brag, but I converted my entire IRA to cash yesterday because a friend in high Chinese places emailed me about 3 days ago.
That looks like a $84k move. My shoulder is almost out of joint.
]A new moth, more relaxation. You too can get out of debt and enjoy vacation time. Just save up your vacation time by working hard, and then enjoy once you're debt free!
