Personal Finance Blog By MoneyRates - Inflation
Savers Appear to Be Getting a Little Bit Angry
October 20, 2009
Looking for the best rates on CDs, money market accounts, and savings accounts used to be pretty fun. Now, for many savers, it's downright frustrating. Bank rates on deposit accounts, that is, are frustratingly low. And now, with the specter of inflation rising, savers are starting to get a little bit angry. Inflation Good for Debt Who are [...]
Three Reasons Why Inflation Won't Kill Your Retirement Savings
September 15, 2009
So, Ben Bernanke says that this brutal recession has "very likely ended." For Money-Rates readers who hold money in CDs or savings accounts, this silver lining may appear obscured by a dark cloud: Worries over inflation. Already, CD rates are too slow to keep up with even a moderate rate of price growth. However: 1. Foreign Goods Help [...]
Protect Retirement Savings by Expecting the Unexpected
June 26, 2009
There is no such thing as a sure thing, especially when it comes to investing. Even CDs, among the safest of all places to put your money, can fall in value due to an external factor such as inflation. However, the constant presence of risk should not prevent us from planning to minimize risk. Especially if [...]
Where are the Banks Offering Inflation-Linked Deposits?
March 24, 2009
If you do a search for banks offering rates which are indexed to the S&P 500, Dow Jones Industrial Average, or yields on U.S. Treasuries you can find various money market and CD products. Missing from the list of variable-rate offerings is anything tied to inflation. There are inflation-linked securities available, but surprisingly there are [...]
