|Savings rates, we’ve seen it all|
By Byron McNutt
REMEMBER WHEN parents and grandparents shared this pit of economic advice:
“A penny saved is a penny earned.” Nowadays, financial markets pay savers a whopping .01% interest on money market accounts, if you keep a balance of $10,000 for a full month.
You might get 1% for a one-year bank CD, or 2% for a five-year CD. That’s not much for yield-starved investors.How rich do you feel when you receive your monthly bank statement and
|Tuesday, January 07, 2014 12:08 PM|