High Yield Money Market Accounts | 3 Offers Reviewed

High Return Savings Account — Thu, 31 Dec 2009 05:04:01 +0000

High yield money market accounts are a great place for your money in low rate environments like these. Although the returns are not necessarily spectacular (quite the contrary in fact), rates are competitive and FDIC insurance reduces the default risk so many other yield bearing instruments are burdened with. In addition to the risk-competitive rates on high yield money market accounts is the liquidity of the assets. This keeps your cash handy should the economy pick up and other investments begin to appear more attractive. Rate Flexibility Helps High Yield Money Market Accounts Keep Up with the Joneses Rates flex frequently (usually monthly or with changes in the Fed rates), meaning your deposits won’t fall behind if inflation picks up. Cry your heart out if you’re locked into a long term CD at these rates when the music picks up and the yields suddenly jump. I won’t be holding my breath (things being the way they are) but on the other hand it’s nice to know I can move money out into more attractive investments without an early withdrawal penalty. Today’s Rates Low But Still Meaningful in Real Terms A quick scan of current bank rates in high yield money [...]

High Yield Money Market Accounts | 3 Offers Reviewed is a post from: Online Savings Accounts - High Rate CD Accounts | Kidssavingsaccount.info

Online Savings Accounts - High Rate CD Accounts | Kidssavingsaccount.info » money market accounts

High Yield Money Market Accounts | 3 Offers Reviewed