~Thu~ Jan 31st 2008
Money Hack: Use CDs to Beat Falling Interest Rates
Posted by J.D. Roth under Investing , Money Hacks[42] comments
When the Federal Reserve cuts short-term interest rates, as it did yesterday, you feel the pinch in your savings account. My ING Direct account, for example, has dropped from 4.50% when I opened it to 3.65% today. It may drop again. Brian from The Job Bored dropped a line with a money hack for those [...]
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