This March in the post IndyMac I’m Never Coming Back, I wrote how as soon as my CD matured I closed out my account.
This morning my CD with IndyMac bank matured. IndyMac has the lowest rating a bank can receive with Safe and Sound ratings. After seeing Bear Stearns implode in days, I didn’t need [...]
There is a bank that is popular with many people here in Seattle. It even has our state name in its name. Well a few of my mutual friends have heard my reasons why I’d move my money to a different bank. Here they are:
The bank has a BankRate.com Star rating of [...]
Last month in my post Ignore My Financial Advice, I said:
6- Only Bank with the Best.
Unless you’ve avoided the news for the past few months, then you are aware there are some banking shenanigans going on. Some banks have lots of toxic loans on their books. Banks can and will fail. Even though accounts are [...]
A few people in the last month have asked me for financial advice. Giving financial advice is a delicate and risky endeavor. It’s not like fitness or nutritional advice (which I no longer give).
If I tell an overweight person to lift weights and stop drinking alcohol, the worst thing that can happen is the person [...]
