Brokered CDs: Worth Exploring for Good Rates

If you want to earn more on your “safe” money than you can get from buying certificates of deposits directly from a bank, you might want to consider something called brokered CDs. Although going directly to banks to buy high-paying CDs with easy early withdrawal penalties is still my core strategy for safe-money investing, I’ve started adding brokered CDs for my clients’ portfolios and my own. Brokered CDs are certificates of deposit sold through brokerage firms such as Fidelity, Schwab …

Few African Americans Take Advantage of Retirement Planning Products

Recent research shows that most African Americans/blacks age 50-plus use financial products, such as checking accounts and savings accounts. But only 1 in 10 use retirement planning products, such as a 401(k) plan or individual retirement account (IRA). Millions of Americans haven’t saved any money for their golden years, and millions of others haven’t saved nearly enough. According to the Federal Reserve, the median balance of retirement accounts totals less than $60,000, and many African Americans/blacks have saved even less. >> AARP …

Mel Brooks Part 2: Sid Caesar and Your Show of Shows

  I was expecting just eight minutes or so on the phone talking with Mel Brooks about his new DVD/CD/Book Collection “The Incredible Mel Brooks: An Irresistible Collection of Unhinged Comedy.” But as you’ll hear in my You Tube video above, when Mel Brooks wants to talk, you don’t try to stop him (not that I wanted to!). I had to toil mightily to cut our 45-minute chat down to three short segments. In this part, Mel remembers Sid Caesar, the …

Mel Brooks Part 3: Mel’s Favorite Mel Brooks Movies

    I was expecting just eight minutes or so on the phone talking with Mel Brooks about his new DVD/CD/Book Collection “The Incredible Mel Brooks: An Irresistible Collection of Unhinged Comedy.” But as you’ll hear in my You Tube video above, when Mel Brooks wants to talk, you don’t try to stop him (not that I wanted to!). I had to toil mightily to cut our 45-minute chat down to three short segments. In this part, Mel tells me …