So where do you put your money?
We have a CD set to mature soon. I won't renew, even with the increase in interest rates- banks need more cash so will pay you more- but that means they are adding to their debt.
I really want to know of a safe place to invest cash!
I really want to know of a safe place to invest cash!
1 comments:
The Street.com has a cool tool for analyzing bank health.
http://www.thestreet.com/screener/index.html?src=ratingsindex&tab=3
Look for banks with a grade of B or better. Uh oh, my parents and grandparents bank at "c" banks. I've got our money markets and CDs spread between multiple spots to hedge risk.
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