savings rate :: Sound Mind Investing

Post tagged with savings rate

Are you as money smart as a bug?

April 07th, 201004:10 PM ET

By Matthew Pryor

Bank deposits were up 13.5 percent, or $641 billion, in 2009, according to this piece on MoneyRates.com. That's a prudent move. Many Americans were caught short by the recent financial turmoil. Now, we seem to be learning to save again. But it gets even better. A joint survey by MoneyRates.com and GetRichSlowly.com found that out of the 1,629 ...
Keep your money fund or dump it?

January 29th, 201008:22 AM ET

By Joseph Slife

It's no secret that interest rates for money market funds are scraping bottom. Even the top recommendation in our current money rates table (subscription required) is paying a scant 0.30%. Vanguard Prime, one of the best-known and most popular MMFs available, is yielding a barely noticeable 0.05%. So is it time to abandon the money-fund ship a...

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