The past week (11/11/19) M.Brown Financial Advisors was the lead sponsor of "Toasting For A Cause" - a charity dinner benefiting Loaves and Fishes in Naperville, Illinois. Loaves and Fishes strives to provide food and support to struggling families in DuPage County. The dinner was held at Catch 35 in Naperville. Chef Eddie Sweeney had …
Refinancing Your Mortgage – What to Consider
Interest rates here in the United States have dropped significantly in the last year. Yields on ten year US Treasury bonds have fallen from over 3% last November to less than 1.6% today (8/14/19)*. Although mortgage rates are very different from US Treasury yields, they are highly correlated.When we take a look at mortgage rates …
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Who Wants To Lose Money?
If you are an investor, the chart above should be on your radar. It's a chart representing the dollar value of negative yielding debt globally. The chart, as of June 20th 2019, just hit a new high of 12.5 Trillion dollars. That's Trillion with a "T". A traditional bond agrees to pay you back your …
Investing Trends – Cash
The US Federal Reserve hiked interest rates four times in 2018, raising the Federal Funds Rate to 2.5%. This has raised yields on money market funds and Certificates of Deposit which adjust their yields based on changes in interest rates. Many banks have raised the interest that they pay on checking and savings accounts, although …
Whipsaw
I am not sure why, but when I think of the word "whipsaw*" I think of a crazy amusement park ride that spins you around every which way - sort of like the one pictured below. When the ride is over, you either throw up or come very close to throwing up. That definition is …
