It can be mighty hard to earn any interest at all in today’s banking environment. Many investors are looking to riskier investments to find the kind of returns they once got from an FDIC-insured CD or even a savings account.
But don’t despair. There are still a few decent ways to make your cash earn some income without putting it at too great a risk.
My wife takes care of our filing, and during one of her filing sprees some time ago she walked into my office with the brokerage statement for her IRA and asked me why the interest was less than $1. “Interest rates have gone down that much,” I said.
She replied, “That’s terrible,” and turned around, went back into her office, and stuffed the statement into the appropriate file. Continue reading "High Yield Dividend Stocks: What Every Investor Should Look For"