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Dear Linda, Your grandparents’ savings bonds aren’t part of a tontine in which the last surviving child gets all the money. Because the registered owners have both died, the bonds would be part of the estate of the last to die. The disposition of the savings bonds is controlled by either that person’s will or, [...]

<!– –> This list shows the U.S. banks that have failed this year, and is updated weekly. Most of the banks are bought, and the cost to the Deposit Insurance Fund, or DIF, which backs up the Centralized Deposit Insurance Corp.’s promise to reimburse customers, is publicized in the right column. Check your own bank’s [...]

Since the largest barrier to saving is not being in the problem of saving, the best way to get in the problem is to pay yourself first. Have money directly-deposited from your paycheck or even your checking account into a dedicated savings vehicle. This can be done along with other goals such as paying down [...]

Dear Bree, You point out the classic dilemma of investing an emergency fund. Ideally, you’ll never need the money, so why have it invested in a low-yielding money market mutual fund or a money market bank account? The point is you want the money to be liquid, and you don’t want to risk these assets. [...]

“In some cases, you’ve got better yields than may be unfilled out of the U.S. for what might be similarly rated credit,” Schmieder says. “You get more yield for a similar rating, or in some cases, more yield for a lesser default risk.” They also grant an element of asset diversification for U.S. investors, Schmieder [...]