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Cash Alternatives: Beat The Bank By At Least Two Points [Kiplinger]

Monday, June 7, 2010 - 9:41 PM
This Kiplinger article lists two cash alternatives that it claims have much higher yields than deposit accounts. One is a fund that invests in floating-rate bank loans. The other is a Ginnie Mae fund.

I don't know if you should consider these cash alternatives. The article admits their favorite floating-rate bank loan fund lost 16.5% in 2008. It also admits that Ginnie Mae funds can lose value if interest rates rise.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634