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Increase your return rate

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Three steps to making your safe investments work harder

Interest rates are the highest they’ve been since my children were born. After bottoming out, rates started increasing rapidly in March 2022. While the Federal Reserve lowered interest rates by half a percentage point this month, that might be good news for those with debt, but it could spell trouble for savers. The good news is that there is still time to lock in higher rates.

According to the Federal Deposit Insurance Corporation (FDIC), as of Aug. 19, 2024, the national average rate on savings accounts is 0.46 percent, and for interest-bearing checking accounts, it’s 0.08 percent. While I believe it’s smart to keep enough money in your local bank or credit union to cover short-term needs and expenses, there’s a cost to liquidity. Here are three steps you can take to increase your returns:

Step 1: Talk to your local bank or credit union

Ask about options or promotions they offer to increase the rate on your savings. For instance, our local bank offered my family a money market rate that was double the national savings rate. If you don’t need some of that money for three to 12 months or longer, you could move those funds into an FDIC-insured CD, where national average rates range from 1.53 percent to 1.85 percent, but searching around could get rates into the 4 percent to 5 percent range.

The benefit of moving a portion of your money into a high-interest money market account or short-term FDIC-insured CD is that you can enjoy immediate higher rates. This can provide a nice boost to your income, especially in times of inflation. However, the downside is that rates are expected to decrease and can change quickly. Historical events like COVID-19, the 2008 Financial Crisis or 9/11 show that rates can drop suddenly.

Step 2: Shop around for higher rates

Explore websites like Bankrate.com and Nerdwallet.com, which make it easy to compare bank rates. Banks compete for depositors, and a competitive offer from another institution could earn you two to three times more. Keep in mind that these online rate websites often receive compensation for the placement of sponsored products, so do your research.

You can also talk to a licensed financial professional. An independent professional who holds both securities and insurance licenses can help you compare money market rates, bank CDs and fixed-rate annuities from leading American insurance companies.

Working with an individual may be more convenient than navigating the internet on your own. Just be sure to ask how the financial professional is compensated and fully understand the terms of any product you’re considering.

Step 3: Consider a laddered approach

Building a laddered investment strategy can be a smart way to manage your safe investments. Keep enough money in checking, savings and money market accounts to cover three to six months of expenses, and then invest a portion in higher fixed-rate accounts that mature in six months, 12 months and so on.

For retirees or savers with larger balances who want to lock in higher rates, a fixed annuity could be a good option, allowing you to lock in rates for 5 to 10 years. This strategy can protect your interest earnings for the duration of the selected term, which is especially helpful in a declining interest rate environment.

Act now while rates are high

Lower interest rates are widely expected in the future, yet many savers haven’t taken advantage of the decade-high rates available in most savings vehicles. Now is the ideal time to take steps to increase your returns and lock in rates for the long term. A pay raise for savers is just three steps away.

For more information about America’s Retirement Headquarters, tune in every Saturday at 12 PM on 1370 WSPD or visit www.arhq.com.  Investment Advisory Services offered through The Retirement Guys Formula, LLC.  Securities are offered through PEAK Brokerage Services LLC., Member FINRA / SIPC.  America’s Retirement Headquarters and Retirement Guys Formula is not an affiliate of PEAK Brokerage Services LLC. The office is at 1700 Woodlands Drive, Suite 100, Maumee, OH 43537. 419-842-0550 

Daily Dose | The Humorists

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Cartoon by Jerry King for the Toledo Free Press.

The buckeye nut

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The buckeye nut is abundant this time of year, but they are toxic to humans. (TFP Photo/Art Weber)

Buckeye nuts are abundant, toxic and maybe bring luck to humans

It’s time for the buckeyes!

Not the football team. Real buckeyes. That shiny, dark brown, nut-like seed that is said to resemble the eye of a whitetail deer. Even though it’s like a nut, it’s not edible. In fact, buckeyes are toxic to humans, but they sure are cool looking.

This is the time of year that buckeyes, which have been maturing unseen inside heavy spiny husks, drop to the ground from the buckeye trees. They split when they hit the ground and scatter the seeds, which can litter the ground beneath the tree.

Though they’re not edible, folklore maintains that they bring luck. It’s not unusual to see a crowded string of buckeyes fashioned into a necklace. It’s not uncommon for people to carry them in pockets and purses in hopes of bringing luck, or maybe just because they like the way they look.

Buckeyes jumped into the national spotlight when William Henry Harrison, a native Virginian who had relocated to Ohio, used the buckeye tree and seed as a symbol during his successful campaign for the presidency in 1840.

Buckeyes are widespread in western Ohio, often in areas along the Maumee River.

Though the real thing isn’t edible, there’s always that very popular alternative. Candy buckeyes — peanut butter fudge dipped in milk chocolate — taste great and look like the real thing.

Go buckeyes!

State of the Science

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Gariella Mickel holds a sign that reads "Big Ag is killing Lake Erie" outside of the State of the Science Conference on Sept. 4.

Relationship status between farmers and water quality: It’s complicated

Story by Jasmine Cupp | Photos by Christy Frank

TOLEDO – During the recent Understanding Algal Blooms: State of the Science Conference on Sept. 4, state and federal agencies, academic researchers and the agricultural community came together to discuss the latest science and technology regarding Lake Erie algal blooms.

The conference, held at the Stranahan Theatre, also drew protesters who don’t think enough is being done to tackle algal blooms and water quality.

The State of the Science Conference occurred at the Stranahan on Sept. 4, 2024. (TFP Photo/Christy Frank)

Taxpayers have had to commit to fund programs and agencies to help research and implement solutions to our local water quality issues related to Lake Erie. Area farmers, however, are allowed to take a voluntary role in participating in a solution.

The generational occupation of farming has been thrown into a situationship with government entities since the Lake Erie water crisis 10 years ago, and the status is complicated.

Chris Winslow, director of Ohio Sea Grant & Stone Laboratory of The Ohio State University and moderator of the event, drew specific criticism from protestors representing the Lake Erie Advocates.

“Dr. Winslow, a perfect example of a public employee, paid to represent the public interest, who does a fine job running interference for CAFO (Concentrated Animal Feeding Operation) operators and the Farm Bureau,” a Lake Erie Advocates newsletter stated, which also aimed to recruit members to protest outside of the conference.

Mike Ferner waves at passing traffic during the State of the Science Conference on Sept. 4.

“Chris has been studying this for decades,” Lake Erie Advocates representative Mike Ferner said. “By now, there should be no excuse for anybody that is publicly funded to do research to be talking about ‘Well, gee, we don’t quite know what the problem is’.”

Ferner noted that CAFOs and factory farms didn’t exist before the mid-90s.

“Nobody waited in line at Kroger for the next shipment of milk or eggs or pork chops. We don’t need them (factory farms). This is a business model that has been hoisted upon farmers and the rest of us because a few people figured out how they can make a lot of money,” said Ferner.

“If you look at the land grant colleges, like OSU and MSU, that’s where the tax dollars go to develop ‘progress’ in agriculture and we get this kind of bulls**t and it’s ridiculous,” he complained.

Inside the conference, there was a different perspective on agricultural education and a different dialogue happening.

Winslow hosted a discussion panel entitled Success and Barriers to Farmer Adoption of Conservation Practices. One of the questions submitted by the audience asked if there had been a shift in farmers’ attitudes toward adopting conservation practices. Panelists had intriguing answers.

Ramon Perez protests at the State of the Science Conference on Sept. 4, 2024. (TFP Photo/Christy Frank)

Chris Heck, Soil & Plant Nutrition Agronomist of Nutrient Ag Solutions, answered, “When I look at how my family was farming back in the 1990s, there was just a conversation about no till (farming). As I went to college at Michigan State University and I started working for crop reduction services, that was the first time I ever heard about cover crops. When I first started at Michigan State to now and into 2025, there have been huge changes by farmers in adoption of these practices.

“I think a lot of it has to do with a generational shift,” Heck continued. “It’s not the mindset of ‘This is what we’ve always done so this is how we’re going to do it.’ We have this next generation that’s coming in for the last 10 or 20 years that have been asking why. Why am I doing this and what can I do to be better? That’s been very impressive, and I just continue to see this growth of people wanting to treat the land better and get more out of their investment.”

“I’m going to be a little antagonistic here,” said Doug Deardorff, Pilot Watershed Project coordinator of Hardin County Soil & Water Conservation District.

“I don’t think the attitude has shifted; I think stewardship has always been there. When I sit in shops and talk to the 50-or70-year-old demographic, that ethic is still there and it’s still there even with the next generation. They understand that ‘I have to take care of the land because it takes care of me.’”

After a lively round of conversation involving agricultural education, information transfer, and ethics, a topic that stays active among scientists, farmers and protesters alike, manure was introduced by the audience.

This question was posed: “What’s the next best step in manure management technology and what should funders be looking at to scale nutrient manure reuse?”

“After many years of looking at a whole host of different technologies and doing pilot projects, it all comes down to money,” said Theresa Dirksen, the Agriculture & Natural Resources director of Mercer County, Ohio.

Dirksen, when introducing herself to the panel, noted that she had years of experience trying to find solutions to manure problems.

“I haven’t found one (solution) yet that’s scalable down to a smaller operation. If you’re not milking 4000 cows, I just don’t know what’s out there and available that’s going to be economic. I honestly don’t,” Dirksen said.

“We’ve got a really good model with the poultry manure, where most of the poultry manure that’s produced in Mercer County is transported 300 miles away,” she explained. “It’s easily trekked and is high in nutrients. But when you have a liquid swine manure, a liquid dairy manure or liquid cattle manure, you just can’t do that. Water is heavy and water is expensive to move.

“It’s disappointing, but maybe we’ll still get there. Sorry if I sound down in the dumps, but I’ve been beaten down for the last eight years trying to do it,” Dirksen added.

Good intentions and hard work are there, but solutions, when involving people, money, permitting, live animals and livelihoods, are glacial.

The last topic discussed has raised questions among City of Toledo and Lucas County officials. Gregory Howard, associate professor of economics at East Carolina University, spoke about voluntary and involuntary policy and economics.

“There are some places in agriculture, like around Grand Saint Mary’s, where they have these nutrient management plans that every farmer is required to do. In a lot of places, that’s not really how agri-environmental policy goes, in my understanding,” explained Howard.

“It’s much more voluntary in conservation programs. And when you can’t force people to do these things and it has to be voluntary, it’s really important to include social science elements to understand what drives and motivates people,” he said. “It’s not just about the money, it’s about making these things (programs and policies) more appealing to people.”

Protestors line Heatherdowns Blvd. early in the morning prior to the start of the conference.

Although there is a lot of time, money and expertise being aimed at solving water quality issues, it does seem that every day without a solid solution is a day too late.

According to the Ohio Environmental Protection Agency, there are 150 large CAFOs in Ohio. An Ohio Environmental Council study shows 64 of the concentrated animal feeding facilities are located in the western Lake Erie watershed. Twenty-four percent of all the solid manure and 42 percent of the liquid manure in Ohio are produced inside the boundaries of the western Lake Erie watershed.

Celebrating Latino heritage

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Barbara Cruz receives information from Sue Cueves, president and CEO of Nueva Esperanzav Community Credit Union, the only Latino credit union in Ohio. The both was part of the at Escuela Smart Academy’s celebration of Hispanic Heritage Month. (TFP Photo/Lori King)

Escuela Smart Academy hosts Latino Heritage Month fest

TOLEDO – Escuela Smart Academy, the only bilingual school within Toledo Public Schools, hosted one of its biggest family events Friday with the Fiesta Con Escuela, a celebration of Latino Heritage Month.

The event was intended to have the atmosphere of an outdoor street festival, though the weather didn’t cooperate for much of it.

Families were just arriving Friday evening under overcast skies when sprinkles of rain began. The timing of the rain resulted in dismay among the organizers, given the stretch of dry weather leading up to the festival.

“Not even a little bit of rain was in the forecast!” said Natasha Allen, principal at Escuela Smart Academy, as she huddled under shelter with staff members to make contingency plans. Amid the steady downpour, volunteers scrambled to consider what they could move into the school gym, vendors placed tarps on their tables or packed up displays, and families took shelter under an open tent or trees.

Juan Olivo shields Ruth Torres, in green, and Luc Perez from the rain as they serve free Dominican food. The food booth was sponsored by the Church of God of Prophecy. (TFP Photo/Lori King)

But for a half hour before the festival technically started, there was already a buzz of activity in the school’s front yard and along Field Ave.

The academy, on Western Ave. in Toledo’s Old South End, provides student instruction in both Spanish and English, with a bilingual staff among its roster. The academy became part of Toledo Public Schools in 2019; previously, the program operated as a charter school.

With its status as a district magnet school, TPS families apply for admission. Close to 300 students are enrolled this year in grades pre-K to 6, and there are waiting lists in some grades.

Escuela’s location is in a neighborhood that is home to many Spanish-speaking families. According to 2020 Census data, there are about 24,000 Hispanic/Latino people living within the city of Toledo.

“The neighborhood and the community, we’re family,” Allen said.

“We are embracing diversity – embracing the Latino culture and providing another opportunity for our students,” said Linda Ruiz-Bringman, assistant superintendent of Student, Family and Community Engagement for Toledo.

In addition, Spanish is the second most spoken language at home after English among Toledo’s families, the U.S. Census Bureau reports.

Crystal Mosqueda, who teaches Spanish to Escuela students in grades pre-K through 2, said language skills among her students vary quite a bit. Some know little to no Spanish, some know little to know English, “and everything in between.”

But the curriculum is meant to support skills in both languages, even if the students don’t yet know “how fortunate they are” to have bilingual experience.

The festival has been an annual tradition since the school opened under TPS, and is scheduled in conjunction with Latino Heritage Month, also known as Hispanic Heritage Month, observed from Sept. 15 through Oct. 15.

As the evening began, food trucks, vendor and agency information tables, a face painting table, a cake walk game, a DJ booth, dancing and a bounce house were lined up on Field Ave. in front of the school.

A taco food truck and bounce house are set up on Field Ave. during the Latino Heritage celebration. (TFP Photo/Lori King)

Members of the University of Toledo chapter of Alpha Psi Lambda, a national co-ed Latino interest fraternity, were among the volunteers setting up the cake walk game. Those students included Nya Quimbaya, who is studying social work at UT, and Erica Sacoto, studying criminal justice.

“I’m from Lorain, Ohio. We had festivals like this,” Quimbaya said as they looked over the activities setting up along the street.

Cassie Tenorio, community development manager at Girl Scouts of Western Ohio, hosted an information table on behalf of the Girl Scout council. She said there was previously a Girl Scout troop for younger girls at Escuela, and the activities included cultural celebrations, such as Dia de los Muertos. But the troop leader has since moved out of the area and Tenorio hopes to restart it.

Mylicia Rangel holds a necklace she’s offering for free to anyone who stops by her booth for the Sofia Quintero Arts & Culture Center. (TFP Photo/Lori King)

Another information table showcased resources and activities provided at the Sofia Quintero Art & Cultural Center, which is in the neighborhood at 1222 Broadway St.

Mylicia Rangel, who is a mental health prevention support staff member at the cultural center, said the non-profit organization celebrates Latino culture through its art exhibitions, cooking classes, community garden space and related programs.

And Henry Garcia, a licensed Marketplace / Medicaid navigator with Toledo/Lucas County CareNet, made the rounds to introduce himself to those attending the festival and start conversations about low-cost health care coverage options.

He used to be a tutor at Escuela and is bilingual, so he is able to assist Spanish-speaking families from the neighborhood who may have questions about those programs.

Local officials invited to attend included Toledo Mayor Wade Kapszukiewicz and Toledo Public Schools Superintendent Dr. Romules Durant.

Daily Dose | The Humorists

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Cartoon by Steven J Athanas for the Toledo Free Press.

Meet the Slang Gang

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Roderick "Lightning Rod" King of Toledo poses with his Slingshot and trophies at the "Meet and Greet" Slingshot event at Ottawa Park in August. King is the Toledo president of the Slang Gang.

Toledo’s thriving Slingshot culture cruises the streets

Story by Erin Holden | Photos by Kyle Brown

TOLEDO – When 28-year-old Sylvania native James Bassett saw his first Polaris Slingshot in Cleveland, he knew he had to have one.

“It feels like you’re driving a go-kart,” he said, recalling his first test drive of a Slingshot. “I’m not a huge car person, but driving it was so unique and fun.” Soon after, he found a great deal online for one in Arkansas and had it shipped to him here in Toledo.

A medical student at UTMC who is about to relocate after obtaining a residency out of state, Bassett is looking to sell his because of the inconvenience of taking it with him on the cross country move. Otherwise, he’d keep it. He’s even willing to rent it out during the summers here, which wouldn’t be surprising. It seems like the demand is there. 

Slingshots are lined up during the Meet and Greet.
A look inside one of a customized Slingshot.

Summers in Toledo come alive when these autocycles cruise the streets, with their elaborate sound systems, colorful lights and personalized designs. They are a wonder to behold when you take a closer look, and that’s exactly what the Toledo Free Press decided to do – find a gathering of Slingshot riders and see what this love affair is all about.

Enter the Slang Gang

You’re likely to see Slingshot gatherings outside the Mud Hens stadium some Friday and Saturday nights, but we were lucky to discover the Slang Gang’s 2nd annual “Meet the Gang” Weekend at Ottawa Park during Labor Day weekend. We arrived to find Slingshots lining up next to a pavilion. R&B music flooded from the speakers and the smell of grilled meats wafted through the air.

This family-friendly event was headed up by the founder of the Slang Gang, Roderick “Lyte-N-Rod” King. “We started this [group] out of my garage in 2017,” Roderick said. “Now we’re in five states.”

He notes that he was inspired by his “love of these machines. I rode motorcyclists as a kid. I got old, and this is a more age-appropriate vehicle,” he said.

“Back in 2018, we drove from Detroit to Miami and back, and we videotaped ourselves, then got in touch with Polaris,” he continued. “They sponsored the ride. They paid for the gas. We started with the Slang Gang group, and it just grew like crazy. So they’re here from Detroit, Cincinnati, Chicago … some from Memphis. They’re from all over the country.”

Tijuana “Road Runner” Burton

Tijuana Burton poses with her Slingshot, ‘Lady Boss.’

Tijuana Burton, based in Saginaw but rides with a Detroit crew for events like the Slang Gang weekend, has been a Slingshot rider for three years now. A member of the Slingshot Sisters, a global community of female slingshot riders, Burton has customized her Looney-Tunes-Roadrunner-themed vehicle with fender pods, graphics, music subs, lights and a custom top. After a fender bender earlier this year, she’s been steadily rebuilding her ride.

“I’ve driven as far as Houston and DC. Shout out to the Slingshot Sisters from San Antonio!” she exclaimed. “That’s where it originated. But we’re all around the world.”

She noted that the prime riding time is probably April through Halloween, but she knows of at least one Christmas-themed Slingshot that can be seen well into the colder months, a true commitment to its personae.

Corey “Paradise” King

The Slang Gang Facebook page describes the group as being for “grown folks,” and Corey King, the Detroit chapter’s president, echoes this sentiment.

“There are a lot of people who may not want to cooperate, who may not want to follow the rules, and we’re not even talking about anything major,” King said. “But it is definitely a responsible, grown and mature group, and that’s what we try to keep on display.”

He adds that the group in Detroit also focuses on charity work, helping kids and the elderly.

Corey’s Slingshot has regal and spiritual themes. “I just always want people to realize that everything that’s done in the dark comes to the light, and you can do nothing without God being aware. My dad raised me to have the mindset of a king. Carry yourself like a king. So the image was a no-brainer.”

If you’re a Slingshot owner who wants to get involved with the Slang Gang’s Toledo chapter, check out their Facebook group for planned meetups. It has 1.5k followers and counting.
A Looney-Tune themed Slingshot on display on Aug. 31, during the “Meet and Greet” event.

Daily Dose | The Humorists

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Editorial cartoon by Don Lee for the Toledo Free Press.

Toledo’s Top Talent

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Grammy award-winner producer Gilbert Velasquez will offer a signed contract to the winner of Toledo's Top Talent. (Courtesy Photo)

Local talent competition provides performance opportunities for youth

TOLEDO – Toledo’s Top Talent, an annual talent competition, expanded their contestant roster to allow Toledo youth as young as 8 years old to audition for the second annual talent show.

“The goal of the program is to keep kids and young adults involved during the summer and bridge the gap between the time school ends and when it starts up again,” said Sabina Rodriguez, Toledo’s Top Talent event coordinator and director of Mas Y Mas Guidance and Supportive Services. 

During its first year, Toledo’s Top Talent accepted auditions from contestants ages 12-24, but after an abundance of audition requests from Toledo youth this year, the age range has officially been changed to 8-24. 

Toledo’s Top Talent hosted the first, second and third rounds of the talent competition earlier this year, and provided vocal and instrumental coaching to all participants selected during the auditions. 

Tickets for Toledo’s Top Talent finale show are $10 on the Mas Y Mas website and more information can be found on Toledo’s Top Talent Facebook page. 

The finale show is at 6 p.m. on Sunday at the Peristyle Theater in the Toledo Museum of Art. The finale is a tribute to Selena Quintanilla, the late “Queen of Tejano Music.”

The final competition will be hosted by DJ Kane and features five finalists: Luis Gamez, Mariah McCarter, Meche Trejo, Oscar Tovar and Thalia Villagomez. These five contestants will compete for a grand prize of $2,000 and a signed contract to record an original single with Grammy award-winning producer Gilbert Velasquez in his San Antonio-based music studio, Velasquez Music, Inc. 

The second and third place winners will be awarded cash prizes of $1,000 and $500 cash prizes, respectfully. All other competitors won’t go home empty-handed – they’ll receive $50 gift cards sponsored by the Taylor Automotive Family. 

Having won more than a dozen Grammy’s/Latin Grammy’s for his contributions to the Tejano music industry, Velasquez said the grand prize recording contract is a stepping stone for the winner to obtain larger opportunities within the music industry. 

“This will be a learning experience for the winner and, most of all, open up some doors for them,” he said.

Velasquez said he is looking forward to working with the grand prize winner and meeting all of the final contestants in-person at the finale show, where he will serve as a guest judge.

Mariah McCarter, 10, is the youngest contestant in Toledo’s Top Talent this year, following the change in age requirements, and she will perform at the finale show after three rounds of competition. 

McCarter has been singing gospel music since she was 7 years old and said she is inspired to perform by her mother, Akisha McCarter, and her father, who passed away in 2021. Akisha described her daughter as having an old soul and said she is touched by old gospel songs. 

“She has a ritual of touching her necklace that holds a picture of her dad before she goes on stage,” said Akisha.

While on stage, Mariah said she gets nervous but believes performing on stage will help her in her future.

“The competition helps me to get rid of my nerves on stage and gives me confidence,” she said.

Auditions for next year’s competition begin spring 2025.

Toledo’s Top Talent is partnering with the City of Toledo, Taylor Automotive Family, The House of Chaos and Mas Y Mas Guidance and Supportive Services.

ReInvest Toledo’s Power Tour

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The Power Tour participants at WAKT We Act Radio 106.1 Toledo on the "Sit Down with Craig" show: Joe Sparks, LaToya Williams, Shardaé Moss, Jodie Summers and Sandra-Rivers Gill discussed their event on the show. (Courtesy Photo/ ReInvest Toledo)

Power Tour: Unlock Your Vote features music, poetry, film, panels

The arts have always been integral to political movements, a fact that nonprofit ReInvest Toledo is leaning into with their upcoming event – Power Tour: Unlock Your Vote.

The multimedia presentations feature music, spoken word poetry, film and other forms of artistry with intergenerational participants. There will be four shows with hosts that cover topics related to civic engagement, beginning with this Sunday, Sept. 22. 

The Toledo Free Press will cover this as a series that explores how ReInvest and its partners are approaching voter education and creating a dialogue and empowering lower to middle income residents to take the lead in making changes they want to see. 

If you want to attend, take a look at the following schedule to these free events, which are held at the Collingwood Arts Center from 2-4 p.m.

September 22 - 
Celebrity Host: Montrice Terry Conversation Focus: Bridging the Gap Regarding Voter Engagement - an Intergenerational Discussion 

September 28 -
Celebrity Host: Lexi Staples
Conversation Focus: Then & Now: How Voting has Impacted the Queer Community

October 6 -
Celebrity Host: Morgan Harper
Conversation Focus: Your Vote Can Impact Issues Facing Your Community 

October 12 -
Celebrity Host: Rob Pasker
Conversation Focus: How Voting Can Change What You See Everyday in Your Neighborhood