Showing posts with label make money 2010 dollar inflation imports rise Fed rates liquid deposit accounts mature savings moneths pay. Show all posts
Showing posts with label make money 2010 dollar inflation imports rise Fed rates liquid deposit accounts mature savings moneths pay. Show all posts

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