LOW INTEREST: SOMETHING IS BETTER THAN NOTHING RIGHT?
Posted by on Apr 29, 2010 in Interest Rates, Money Market Rates
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Interest rates are low enough now that they are lulling me to sleep. As my CD’s mature from last year, I look online to see what I can get now in interest for the money. Last year I was getting somewhere between 1% and 2% and right now I can’t get anything near that. After [...]
SHOULD I USE A MONEY MARKET ACCOUNT OR A CD?
Posted by on Mar 26, 2009 in Money Market Accounts
If you have money you want to put away safely, how do you go about choosing whether you should put it in a savings account, a bank CD, or a money market account? Right now at this point in time in 2009, this decision is complicated by the fact that interest rates are low and people [...]
