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Originally Posted by Whatever
Are there any local banks, credit union, or some form of keeping money relatively liquid, that are paying a decent interest rate. I would rather deal with a "local" than an e-bank.
Short term (18 mos.) CD, MM, savings etc. would be very helpful.
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Dear OP
Thank the FED. Despite the spin the only people the FED is helping work on Wall Street and they do not want their sugar fix to end. I would disband the FED today if I had the power to do so
The average investor like you and me is losing value with our savings if the FED continues down their same path will result in negative rates and we will be paying the banks fees to hold our money.
I have been toying with the notion of moving some of my investment from bonds to preferred stocks. Can't tell you its a wise move because I am not convinced yet its necessary.
I am a believer in low expenses and holding for long periods