Savings Corner
APRIL 4, 2024
Even as inflation comes down and the Federal Reserve’s tightening cycle looks like it’s about to end , the economy still faces the risk of a recession. Why invest: Unlike a CD, a money market fund is liquid, which means you typically can take out your funds at any time without being penalized.
Prairie Eco-Thrifter
MAY 26, 2016
I would go into the bank with my stubby little hands clutching my months worth of allowance (total of $1), deposit it and see the results right off printed in my book. To me, money in a CD or savings account has always been for specific shorter term goals. Back then I had a passbook. Nice immediate incentive.
Savings Corner
DECEMBER 25, 2023
Economic recessions can also make high-yielding personal loans a more likely candidate for default, too, so these loans may go bad at higher than historical rates when the economy worsens. Opportunity: To make the most of your CD, you’ll want to do a quick search of the nation’s top CD rates or the top savings accounts.
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