High Return CD | Where to Put Money in a Low Rate Environment

High Return Savings Account — Wed, 02 Sep 2009 16:07:11 +0000

I was looking for a high return CD the other day. Rates have been ridiculously low thanks to the horrible economy and awful business mismanagement by corporate executives but I still wanted a place to sock away at least some money in an interest bearing account. I honestly hadn’t had a lot of luck finding a high rate CD that was worth the holding period. Then it occurred to me… if I can park my cash in a decent yield liquid account until rates start rising again I won’t have my money caught up and destroyed by inflation. It Just Doesn’t Pay to Have Money Locked Up in a Low Rate Environment Putting your money into a high return CD can be a risky place for your money if the bank you give you money to is in danger of insolvency. Many bank advertisements online these days are trying to attract investors to buy their high return CD products. What I have been noticing in these ads is that at least a few of the higher rate CD offers are coming from banks that are either financially stressed or have already received TARP money. Why does that matter to you? [...]

High Return CD | Where to Put Money in a Low Rate Environment is a post from: Online Savings Accounts - High Rate CD Accounts | Saving Money for Kids

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High Return CD | Where to Put Money in a Low Rate Environment