interest rate
How to beat the 2.5% savings interest rate
Submitted by Van Beek on January 5, 2010 - 15:46What alternatives do you have for beating the low interest rate you get from your bank on your savings account? Let’s start looking at what you actually get now. Do you know what the interest rate is that you are getting on your savings account in 2010? Have you checked? If not, do that now.
My bank has lowered the interest rate I am getting on my savings account in 2010. I am now getting only a miserable 2.5%. For a Stock Trend Investor, that is not enough. For nobody, that should be enough. What are the alternatives?
Bad news for buy and hold