Jun
27
Searching for a Safe Short Term High Yield Investment
June 27, 2008 | Leave a Comment
A couple years ago, online savings accounts were paying over 5% interest. Now interest rates have dropped slightly and are just starting to recover. I have short term money that I want to keep liquid, yet I also want a decent return on investment. What do I do now? In 2006 high interest online savings [...]
Mar
25
The Federal Reserve (the Fed), the central bank that everyone loves to hate, has lowered its target interest rate to 2.25%, down from 3%. The Fed is reducing rates in an attempt to stimulate the economy and prop up weak financial markets. What does this mean to you? Well it’s either good or bad depending [...]