With savings rates hovering around record lows for the past two years, keeping your money parked in cash has become a losing proposition. After all, savings accounts now average just 0.17%; money-market funds, 0.01%; and even one-year CDs pay only 0.44% -- in a year you'll earn barely 50Â¢ for every $100 you invest. And that's before taxes, never mind inflation.
Sure, some banks are marketing tempting teaser rates and other gimmicks to lure savers, but these rarely deliver better returns over the long haul.
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Where can you earn a better return on savings without risking principal or access to your money? These four options fill the bill.