The Fed has finally increased rates. First time since 2006. This raise is nothing more than a statement by the Fed that the economy looks pretty decent to them. Not great, just solid. The actual increase will likely have little impact on your daily financial life. Remember the days of the ING Orange account paying 4%? Craziness! Now the ING Orange is Capital One 360 and pays hardly anything. Don't expect to see it get anywhere near 4% any time soon. This may be the last time I share links this year. I'm spending the next two week with family and diving back into some books I have been neglecting. Have a Merry Christmas and/or a Happy New Year.
All opinions in the links are the authors' own and are not meant to be investment advice.