2009 is the year of the Earth Ox.
Those that are fortunate enough to receive red envelopes for Chinese New Year should consider investing their money this year. If you like to have 24×7 account access then electronic banking is the way to go. Lower overhead equates to higher interest rates for consumers. Traditional banks offer similar investments but the return on investment is lower since interest rates are usually lower.
Make the Most out of your Investment
Current online savings account interest rates are very high right now compared to short term certificates of deposit. Both online savings accounts and online CDs are very safe, near zero risk investments (as long as you’re banking with an FDIC insured financial institution).
January 26th, 2009
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