One surefire way to save for your retirement is with an IRA certificate of deposit. Why, you may ask, is this the case? Well, it is logical. Both a certificate of deposit and an individual retirement account allow you to save your cash for a set period of time and earn interest on your money in the process. Some people even use certificates of deposit as a way to save for their retirement years.

Benefits of a Certificate of Deposit

Certificates of deposit make great tools for saving for your retirement for several reasons. One is that these investments are insured by the FDIC, which means that you will not lose your principal investment, even if your bank holding the certificate of deposit fails.

Read more…

The dollar strengthened for another week. Will this continue? US CB Consumer Confidence, US Unemployment Claims and Canadian GDP are the key events this week. Here’s an outlook for the most influential trading events.

In the FOMC statement last Wednesday, Ben Bernanke undermined the need for QE3 after the termination of QE2 this week, in light of improvement in the US economy from a year ago. Will the continuation of the current slowdown affect the FOMC decision?

Let’s Start

1. US CB Consumer Confidence: Tuesday, 14:00. Con

Read more…

The newest pet craze sweeping China involves pet pandas or are they?

Nope, these little bundles of joy are actually just chow chow dogs that have been dyed black-and-white to look like pandas.

How soon before this takes off in the west, and will you be at the forefront?

June 23 – OnePath NZ Ltd., the fund manager owned by Australian & New Zealand Banking Group, has backed off its proposals to internalise the management of its two listed property trusts.

The fund manager wanted $32.5 million from Argosy Property Trust and $14 million from Vital Healthcare Property Trust, but is reassessing its options after the independent directors of both entities said they couldn’t recommend the deal.

The announcement comes as Ascot Property Management Ltd. put forward a proposal to unit holders in Vital Healthcare for them to dump OnePath’s manager and install it to internalise the property trust’s management. Ascot P

Read more…

When the economy is down, or when you are struggling a bit with your finances, it can be tempting to let that negativity permeate your life — and it can result in even worse finances. Often, a downward spiral affects a number of areas of your life, and that can spill over and make your finances even worse. While you don’t want to ignore financial difficulties, you don’t want to succumb to them, either. So, here are 4 tips for staying positive about your finances:

The first thing to do is recognize the good things. Gratitude can be one of the best ways to improve your positivity and increase the chance of achieving the desired outcome. Addit

Read more…

Many entrepreneurs are choosing to operate their newly formed businesses out of their homes. A tight economy combined with a desire to grow the business along and a need to keep cash flow positive, home-based businesses are as popular as ever.

Whether you are starting a new business or have been operating out of your home for a while, you still should consider the following tips to keep your business from having that “amateur” home business appearance.

1. Set Business Hours and Keep Them

When you work from home, you have a strong temptation to treat your business like a house guest. The kitchen is right there, and oh, leftovers are waiting. The

Read more…