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Higher Yield Options as Record Low Rates Continue

Sunday, May 2, 2010 - 7:13 PM
With the Fed continuing their low rate pledge, many savers are looking for alternatives to rock-bottom interest rates of CDs and savings accounts. Sam at BestCashCow.com offers some insights and tips:
Rates have been low for almost two years and many investors have stayed short waiting for inflation and rates to pick up. Hasn't happened and it may not happen for some time.
He also has some recommendations for those who don't mind taking on some risk. Another option that he didn't mention is high-yield reward checking accounts. There are limitations and hassles with reward checking, but at least it's a safe and liquid option that provides some decent yields.
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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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