https://www.barrons.com/articles/safe-places-to-invest-cash-51553898708Interest rates have been on the rise, but finding a safe place to stash your savings is still tough. Bank savings accounts recently yielded an average of 0.1%. In layman’s terms, that means if you park $10,000 in a bank for a year, you’ll earn enough to buy a couple lattes.
Savers who shop around can find better deals, but it’s important to do so with care. As the late, great financial newsletter writer Ray DeVoe said, “More money has been lost reaching for yield than at the point of a gun.” This is an especially important...
