can also offer excellent liquidity. CDs generally are less liquid than savings, but may offer a certain amount of liquidity if the bank allows withdrawal with payment of a reasonable early withdrawal penalty. Long-term bonds are generally considered less liquid (some bonds aren’t liquid at all...
The rise in credit card usage and debt is particularly concerning becauseinterest ratesare astronomically high right now. The average credit card annual percentage rate, or APR, has been holding steady at a record-high of 20.75% last week, according to a Bankrate database that goes back to 19...
Having all 3-year loans would give this experiment a natural ending point. Reinvest the interest?Should I lend out all the money, and just sit back and collect interest, or should I continue to reinvest the interest in new loans? The fact that you can now sell loans before maturity on ...