Posted May 21st, 2011 by Elena
During the recession Americans’ personal savings rate hit 5.5% in 2011 versus 0.8% in April 2008.
As a result, you may have more money than usual sitting in your checking account right now.
Your savings account may also hold a huge chunk of money that you still have to figure out what to do with.
That is very understandable.
But the average bank account pays only from 0.03% to 0.15% interest rate. Read the full article…
Posted March 30th, 2011 by Elena
Everyone knows that investing, no matter how careful and conservative you are, exposes an investor to certain risk.
Many of us also know about reward/risk trade off – higher returns are usually accompanied by higher levels of risk.
So what does exactly a risk-aware investor have to do in order to achieve highest possible returns while managing risk? Read the full article…