April 7, 2016
Warren Buffett's Biggest Dividend Stock Is on Sale
Importantly, Wells Fargo paid a minuscule interest rate of 0.08% on its deposits during the fourth quarter of 2015, and its total funding cost including all sources was just 0.25% in 2015.
Psst... Wells Fargo depositors. As a group, you are getting *%^# #%^*ed by your bank, pardon my language.
The government will sell you an I-Bond right now that yields 0.1% AND grows with inflation (as seen in the consumer price index) for up to 30 years. You can buy it online from the comfort of your couch.
Speaking of couch banking, my online savings account at Capital One currently yields 0.75%. It's trivial to transfer money in and out of it using my phone.
If you don't wish to be *%^# #%^*ed, then you might want to look into these options.
That said, I must apologize to Wells Fargo investors. I'm really not trying to *%^# #%^* you. Um, much. ;)
Real Estate Newsletter Articles this Week: New Home Sales Increase to
693,000 Annual Rate in March
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At the Calculated Risk Real Estate Newsletter this week:
• New Home Sales Increase to 693,000 Annual Rate in March
• Lawler: Observations on the Recent Sur...
18 hours ago
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