Have you noticed that if you do your research, you can get better CD rates now than a few weeks ago?
According to the Federal Home Loan Bank of San Francisco:
- Article: How to Get the Best CD Rates
According to the Federal Home Loan Bank of San Francisco:
The 11th District Monthly Weighted Average Cost of Funds Index (COFI: 11th Districty Cost of Funds Index History ) is one of many indices used by mortgage lenders to adjust the interest rate on adjustable rate mortgages. The COFI is computed from the actual interest expenses reported for a given month by the Arizona, California, and Nevada savings institution members of the Federal Home Loan Bank of San Francisco that satisfy the Bank's criteria for inclusion in the COFI.
| Index Month | Index Value |
|---|---|
| May 2009 | 1.832 |
| April 2009 | 1.380 |
| March 2009 | 1.627 |
| February 2009 | 2.003 |
| January 2009 | 2.455 |
| December 2008 | 2.757 |
| November 2008 | 3.155 |
| October 2008 | 3.125 |
| September 2008 | 2.769 |
| August 2008 | 2.693 |
| July 2008 | 2.698 |
| June 2008 | 2.829 |
| May 2008 | 2.918 |
| More Data | Here |
The Federal Home Loan Bank of San Francisco first published the 11th District Monthly Weighted Average Cost of Funds Index on August 28, 1981, for the month of July 1981.
Since 12/31/98 "Kirk's Newsletter Explore Portfolio" is UP 106% (over a double!) vs. the S&P500 DOWN 11.3% vs. NASDAQ down 16.3% vs. Warren Buffett's Berkshire Hathaway (BRKA) up 27.7% (All through6/30/09 ) (More Info)
Doubled Money in a Down Market!
Since 12/31/98 "Kirk's Newsletter Explore Portfolio" is UP 106% (over a double!) vs. the S&P500 DOWN 11.3% vs. NASDAQ down 16.3% vs. Warren Buffett's Berkshire Hathaway (BRKA) up 27.7% (All through
As of June 30, 2009, "Kirk's Newsletter Explore Portfolio" is up 6.2% YTD vs. DJIA down 3.8% vs S&P500 up 3.2% YTD
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Date Posted: July 16, 2009 at 08:34:46
ReplyDeleteSubject: Richard Band getting even more bulled up looks like
Richard Bands Journal
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Straight for the Sky
Wed, 15 Jul 2009 22:31:19 ET
"Talk about a power day! Today's moonshot on Wall Street was even more impressive than you might think. Sure, a 257-point rally in the Dow is nothing to sniff at. But did you check out the breadth?
On the NYSE, we had nine stocks advancing for every decliner. Margins like that are extremely rare; there have been only five such instances since 1990, and they've all occurred since the October 2008 panic.
This urgency to buy suggests that July 8 may have been the low for the market's summer "correction." I wouldn't rule out some downward drift toward the end of the month, but it probably won't take out last week's index lows....."
Richard's Journal
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A Sweeter Tone
Fri, 17 Jul 2009 17:08:06 ET
"Friday wrap: It was a bully week for stocks, with the blue chip Standard & Poor's 500 index rocketing 7%. A move of this magnitude, with overwhelmingly positive breath and volume, pretty much rules out the bears' case for a big drop back toward the year's lows.
On the other hand, we shouldn't necessarily expect a straight-up rally from here. Earnings season has just begun, and -- as we saw today with GE and yesterday with Nokia -- investors aren't in a mood to forgive shortfalls. There will be a mix of favorable and unfavorable news in the earnings reports, giving the market a push upward or downward on any particular day.
Still, the overall tone of trading has definitely taken a sweeter turn. I foresee the possibility of another pullback in late July or early August, but it will most likely stop well short of last week's lows....."