​Today’s post is brought to us by Phillip Christenson, a chartered financial analyst (CFA) and financial advisor at Phillip James Financial, a fee-only financial planning company located in Maple Grove and Plymouth Minnesota. The best places to park your money in a low-interest rate environment. The sustained low interest rate environment has been a big boost to borrowers, but at the expense of savers who struggle to get more than 0.01% on their bank accounts. While intere

The last 8 months have seen an overall increase in the value of the US dollar, which has risen almost 25% in value. A strong dollar has many implications on our investments and the future course of our economy. Outlined here are some of these implications: Foreign Investor Dollars Foreign economies have taken a hit recently, leading investors from around the globe to park their investments in the US. Some of the main drivers for this are the strong economic growth that t