cds

How the Safest Savers Get Screwed

“People who simply want to save money — especially those who are older or those who cannot manage the complexities of a financial portfolio — continue to be caught in a bind. They either lose ground, because interest rate returns are low while food and energy costs are going up, or they have to consider making investments that are …

Saving Just Ain’t What It Used To Be

What with the rates of interest-bearing accounts dropping to their lowest levels in more than half a century, it’s nearly as productive to shove your money under a mattress as it is to deposit it at a bank.