Monday, November 23, 2009

Make Money in 2010

How to make money in 2010
- Surviving the upcoming year ahead of time



Signs to watch:
If the dollar weakens substantially, the cost of imports will rise -- and so will inflation. "That could spur the Fed to raise rates sooner, in bigger leaps", says Greg McBride


The action plan for savers:


In 2010, the more liquid you keep your money, the better.

Your best bet:
FDIC-insured bank savings and money-market deposit accounts, as well as CDs that mature in six months or less. Money-market mutual funds offer as much liquidity (more, in fact, compared with CDs), but pay far less - a bad deal.






*Source - From the editors of: Money Magazine

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