About Us

I built RateCatcher in March of 2004 while I was going to Dixie State College. It was my first website and I just built it for fun – I really wasn't interested in money market accounts or banking at the time. My passion was the stock market and options investing. However, I quickly found out what an emotional roller coaster the stock market can be. After seeing the stress it caused my very successful mentor Hank Brock, I knew it wasn't the career for me. Not to mention I lost thousands of my own money speculating on futures and options. As we've seen with the latest economic downturn, the stock market shows no mercy to even well balanced portfolios and retirement accounts. The average 401k lost 27% in 2008. According Leuthold Group it takes an average of 2 1/2 years to regain what's lost after an average bear market.

What about a severe bear market? It took seven years to regain what was lost after the 1973-74 bear market. After the 86 percent drop in the market during the Great Depression, it took a whopping 20 years for the stock market to recover completely.

Are you willing to take the risk of having all your nest eggs in a typical 401k? You might end up like the millions of elderly seniors who now cannot afford to retire and who have no more time to save. Riskless investments such as CDs, rewards checking, money market accounts and savings accounts will help you sleep better at night and guarantee you will have some retirement money unless the U.S. Goverment goes belly up in which case everyone will be in trouble.