In Pursuit of Better Savings Account Yields
In our household, we recently made some changes in where we keep our savings that I thought might be of interest.
Category: Savings Accounts
BulletShares: Good News for Savers and Bond Investors
Savers and investors have long had two options for the bond portion of their portfolio: individual bonds or bond mutual funds. Now a third option is available that blends the best aspects of
Your 10 Most Important Financial Moves for 2019
Each December, we offer planning suggestions for the year ahead. But this isn’t meant to be a one-size-fits-all list. It’s up to you to take our broad collection of ideas and narrow them down to your personal “Top 10” for
Cash, Money Markets, & SHY
We've written a fair amount recently about money market funds and other cash options. While that might seem like a boring subject in the midst of a bull run to new stock market highs, the reality is that interest rates
SMI on the Radio: Should You Move Your Savings to a Money-Market Fund? (audio / transcript)
Money-market mutual funds, languishing since the financial crisis and Great Recession, are starting to yield better returns — making such funds an increasingly attractive vehicle for savers, as well as for investors
Before You Invest
With the stock market near its all-time highs, it’s easy to get complacent. There’s a tendency to forget the pain of the last bear market, take on more risk than we should, and minimize the importance of basic financial
How Recession-Ready Are Your Finances?
Every day seems to bring new headlines about the next recession — what will cause it, when it will hit, and how bad it will be. Today, for example, MarketWatch is prominently displaying this article: "Why a major trade war
Money-Market Funds Are Back in the Game
The money-market fund (MMF) is back. After years of minuscule yields, this once-popular choice for savers is back to offering respectable returns — in some cases, at least equal to the rates offered by online
Using Multiple Accounts to Reach Your Savings Goals
In 1909, Merkel Landis of the Carlisle (Pa.) Trust Company had what turned out to be a great marketing idea. Knowing that many of his customers set aside money for Christmas spending, he launched the “Christmas Club”
Financial Regrets: Most of Us Have a Few
Many U.S. adults wish they had done things differently with their finances. That’s the key take-away from a new national survey from the personal finance site, NerdWallet. Specifically, 71% said they have financial