fbpx

Posted on Friday, 8th March 2024 by Dennis Damp

Share

Much to my surprise, most banks and credit unions continue to offer paltry yields on their savings and money market accounts. It’s disappointing considering they are using our money to fund customer’s mortgages at 7 percent and higher or new car loans up to the high single digits. Fixed income continues to hold its allure […]

Tags: , , , , ,
Posted in

| Comments (0)

Posted on Friday, 8th December 2023 by Dennis Damp

Share

I started purchasing Treasury Bills in early 2022 to increase our returns due to the extremely low interest rates banks, credit unions, and CDs were offering at the time. The Federal Reserve kept interest rates artificially low far too long. After a decade of near zero interest rates, those on fixed incomes were losing money […]

Tags: , , , , ,
Posted in

| Comments (0)

Posted on Friday, 15th September 2023 by Dennis Damp

Share

According to Wilbert J Morell III, a retired Navy Engineering Project manager, “based on the September economic outlook, the CPI-W is expected to increase above 0.6%, Wilbert predicts the Social Security & CSRS COLA will be 3.4% and the FERS COLA 2.4%.” The estimates increased about a half of a percent since our first article […]

Tags: , , , ,
Posted in

| Comments (4)

Posted on Friday, 7th July 2023 by Dennis Damp

Share

Retirees continue to suffer the brunt of inflation’s wrath with little relief on the horizon. Yes, the feds continue to say inflation is waning but few of us feel a sense of relief from the high cost of everything today, especially big-ticket items: housing, rent, gas at the pump, utilities, travel in general, and visits […]

Tags: , , , , ,
Posted in

| Comments (0)

Posted on Tuesday, 1st November 2022 by Dennis Damp

Share

This is a challenging time for investors with the country bordering on a recession with extreme market volatility. The Treasury still offers a safe haven for our cash with decent yields. Unfortunately, with the exception of the TSP G-Fund, private sector bonds funds were a disappointment this past year, falling anywhere from 5 to 20% […]

Tags: , , ,
Posted in

| Comments (0)

Terms Of Use