You wouldn’t buy a car without doing your research, right? You’d want to make sure the gas mileage is decent and that its safety record is reasonably intact. Well, the same goes for municipal bonds. Whether you’re new to the muni bond market or a seasoned investor, it’s a smart move to do your research before diving in.
In the years since the financial crisis, people saving small amounts of money have not received much love from their banks. Interest rates on money market accounts and certificates of deposits at major banks remain near record lows. For example, a recent rate sheet from JP Morgan Chase shows no alternative yielding more than 0.9% annual interest for deposits below $10,000. Unfortunately, the situation is not much different at Bank of America, Citibank and Wells Fargo.
A month ago Ashton Kutcher hunted Neighborly on Product Hunt. We took special care to track our metrics, funnel, and conversion rate during the 48 hours after the hunt went live. It was a super exciting time for everyone in our startup and I’d like to walk you through our journey through the eyes of a growth marketer.
In case you missed the Last Week Tonight with John Oliver video on taxpayer-subsidized stadiums, here's a recap in the LA Times. Los Angeles is actively looking at bringing 1 or more football teams within it's boundaries: the St. Louis Rams, Oakland Raiders and/or San Diego Chargers. Asked last year how much the city would be willing to forego to attract a team, LA Mayor Eric Garcetti said: "Exactly zero dollars."
Google funded Sidewalk Labs announces new project: NY's free wifi. London mayoral candidate plans to incorporate the blockchain for public accountability. Climate change directly affects municipal bonds.
When planning for your financial future, do not forget that some relatively low-risk investment options can often provide the stability needed to achieve your long-term goals. For investors looking for new opportunities, bond ladders may provide a fairly reliable option that is less volatile than stocks and that are designed to provide consistent cash flow that can be re-invested over time. These structured investments can be useful for those diversifying or building a stable portfolio. But what is a bond ladder, and how can it help you reach your financial goals?
Silicon Valley is engineering a fintech revolution, bringing a quest for simplicity to the quagmire of financial services The results are striking and for the first time in memory, global financial institutions face true challenges from scrappy upstarts When Jamie Dimon warns his shareholders that silicon valley is coming, it is clear the impact is already being felt on Wall Street.
The banking system is notoriously complex; often daunting for customers While creating a seamless experience in a regulated world can be tricky, much of the complexity is self serving The complexity often results from bankers and financial institutions optimizing for themselves instead of the customer Bankers leverage it to create exclusivity and job security.
There are certain images that define America The Statue of Liberty Mount Rushmore And of course, the Golden Gate Bridge Spanning over 4,000 feet, the iconic Golden Gate Bridge, in its bright orange glory, is practically synonymous with the city of San Francisco itself In fact, the American Society of Civil Engineers named it one of the Wonders of the Modern World.
Most people, unless they come from the investment industry, don’t receive any formal education on how municipal bonds work. As a result, there’s a lot of misinformation out there surrounding these financial assets. At Neighborly, we want investors to make informed decisions and that means correcting these myths. Here are the top 6 myths that most people believe about muni bonds.