Chase Business Complete Checking: $300 Bonus

Run a small business? Chase Bank has a Business Complete Checking account promotion offering a $300 bonus for new customers. You enter your e-mail address, and you should be sent a unique promo offer code for your online application. Some of the … [Read the rest]

Best Interest Rates on Cash – May 2021

Here's my monthly roundup of the best interest rates on cash as of May 2021, roughly sorted from shortest to longest maturities. Included are some lesser-known opportunities to improve your yield while keeping your principal FDIC-insured or … [Read the rest]

2021 Berkshire Hathaway Annual Shareholder Meeting Video, Transcript, and Notes

Here are my notes on the 2021 Berkshire Hathaway Annual Shareholder Meeting (YouTube, transcript). It was nice to see things nearly back to "normal" with Buffett offering up some lessons and going into some side details, while Munger just gets to … [Read the rest]

Savings I Bonds May 2021 Interest Rate: 3.54% Inflation Rate

May 2021 predictions confirmed. The fixed rate will indeed be 0% for I bonds issued from May 1, 2021 through October 31st, 2021. The variable inflation-indexed rate for this 6-month period will be 3.54% (also as predicted). See you again in … [Read the rest]

Be Guaranteed to Own the World’s Most Valuable Companies in 2051

The 2021 Berkshire Hathaway Annual Shareholder Meeting was on May 1st, 2022 and is now available as a recorded video on Yahoo Finance and a handy Rev.com transcript. I expect the podcast version to be updated shortly. I recommend listening or … [Read the rest]

Are You Unknowingly a Time Billionaire?

The 2021 Berkshire Hathaway shareholder meeting is streaming live on Yahoo Finance this weekend, and I am reminded of a lesser known quote from Warren Buffett about what is truly valuable. I believe he has said this elsewhere, but I found it … [Read the rest]

Historical Asset Class Correlations: Which Have Been the Best Portfolio Diversifiers?

When talking about constructing an investment portfolio, you'll often hear about diversification and buying low-correlation or non-correlated assets. A positive correlation means that the assets tended to move in the same direction. A value of 1 … [Read the rest]

The Intriguing History of the 30-Year Fixed Rate Mortgage

As part of a complete personal finance education, I submit that the longread article Financing the American Home by Marc Rubenstein should also be required reading. I learned a lot of important facts about the history and meaning behind the 30-year … [Read the rest]

Potential Risks of High Interest Stablecoin Savings Accounts

As an extension of High-Yield Crypto Accounts: 6% Interest in Bitcoin or 9% Interest on Stablecoin, I'm trying to better understand the potential scenarios that might cause loss of principal. Even if you're tired of crypto talk, you should be aware … [Read the rest]

Amazon Explore: Virtual Live Travel Experiences (First Free for Prime Members, Up to $50 Value)

Amazon Explore allows you to virtually "travel" and explore a new place with your own personal tour guide. There are tours, educational classes, interactive shows, and personal shoppers. For the tours, it appears that you get the equivalent of a … [Read the rest]

Free Character Traits Test: Identify Your Signature Personality Strengths

I'm now in Week 5 of the free Yale Happiness Course, which focuses on finding things that truly make you happy, as opposed to the 5 Surprising Things That Don’t Make You As Happy As You Think. For example, instead of equating a "good job" with … [Read the rest]

Influence: How Salespeople Use Your Mental Shortcuts Against You

Although not technically a "personal finance" book, Influence: The Psychology of Persuasion by Robert Cialdini should be required reading if they ever create a standardized curriculum for personal finance. In addition to being a professor of … [Read the rest]