Prairie Eco-Thrifter

MAY 26, 2016

Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data. Financial moves in a low interest rate economy. We could take on debt to grow using other people’s money.

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Savings Corner

APRIL 4, 2024

Even as inflation comes down and the Federal Reserve’s tightening cycle looks like it’s about to end , the economy still faces the risk of a recession. Most accounts are government-insured up to $250,000 per account type per bank, so you’ll be compensated even if the financial institution fails.

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Savings Corner

DECEMBER 25, 2023

Some platforms invest in equity (stock), while others invest in debt. Generally, stock offers high returns in exchange for more risk, while debt offers lower returns in exchange for less risk. In addition, real estate is typically funded with high levels of debt financing, making it more susceptible to any economic downturn.

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