The Fed has announced
they intend to keep interest rates low at least through 2014 due to the economy’s
weakness. If you are a borrower this is good but if you are a saver it is not
so good. With CD rates currently almost laughable and a lot of seniors being
pinched with low yields at a time in their lives when safety of capital is
important all should know there are a few higher rates available if you are
willing to shop around and use your computer for comparisons. Sure, you will be
investing and use a bank you may never see but if it is FDIC insured it is
still fine. I am putting a couple links below that to many are familiar but just
in case you may want to check them out. There are no great rates anywhere when
safety is utmost but you may do a little better. Happy hunting!
Posted by Ken Dillenburg