Forbes.com writes "Five Quick Ways To Boost Savings Returns In 2017." The article, written by John Wasik, says, "There wasn't much to cheer about in 2016 when it came to savings yields. They continued to be rock bottom. I know this doesn't sound like much, but rates are expected to rise in 2017. If the U.S. economy continues to rebound -- as many analysts predict -- that means more demand for credit. That typically translates into higher rates on savings vehicles like Certificates of Deposit (CDs), money market funds and savings accounts. While I'm not predicting anyone is going to get rich over higher savings returns, you can boost your yields by shopping around. Here are five proven ways to make more money, according to depositaccounts.com: Keep an eye on money market fund yields. They have been going up a lot this year, but they're still inferior to internet savings account rates. Plus, due to the new money market fund rules, they now have more risks." The piece adds, "`But most of all, build up your emergency funds in cash accounts you can access at any time with a check or transfer. Pay yourself first every month. Even though you may not be earning much on your savings, it's still a cushion against unanticipated expenses and hard times."

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2024 2023 2022
November December December
October November November
September October October
August September September
July August August
June July July
May June June
April May May
March April April
February March March
January February February
January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September