Tag Archive for: CDs

Money Moves To Make Before The Fed Starts Cutting Interest Rates

Traders expect a rate cut in September, which could lower the target range for the federal funds rate by a quarter percentage point or more. Meanwhile, many investors are sitting on hefty cash allocations, including trillions in money market funds, which are generally still paying above 5%. So now could be a good time to shift cash, experts say.

Here’s Where Financial Experts Are Stashing Their Savings (And So Can You)

Choosing the best savings account is more than just getting a bigger return on your money, though that’s essential. Experts recommend selecting an account based on your goals, risk tolerance, time frame and other factors. So where are personal finance professionals stashing their own savings? CNET Money’s Financial Review Board give their expert advice.

Fed Rate Hike: 7 Questions (And Answers)

Now that the Fed has made its pronouncement and the interest rate winds have changed direction, the next step for consumers depends on which side of the saving-borrowing divide they stand. CLICK ON THE HEADLINE FOR MORE

Is Your Checking Account Too Fat? How To Tell And What To Do About It

Keeping too much cash in a checking account means you’re missing out on higher returns elsewhere. To help you decide how much is the right amount, CLICK ON THE HEADLINE

3 Money Moves To Make (And 1 To Avoid) Before Lending Rates Begin To Rise

There are a lot of smart moves American consumers and investors can make before lending rates start rising but there's one that is cautioned against. CLICK ON THE HEADLINE FOR MORE