With the dollar decreasing in value, money sitting in a savings or CD, is getting a small return 2-3.5% today.
Where is a good conservative place to park funds where one can get a better return and still have access to funds?
Thank You.
PS GE interest plus was getting a return around 5% a few months ago.
HSBCOnline.com is who I use. They were in the neighborhood of 4-5%. Depending on how liquid you need to be and your time frames, I would seriously consider holding cash in a different currency or gold.
ING Direct, HSBC Direct and Countrywide Bank all have online savings accounts currently paying in the 3-4% range. No minimums and no fees with easy access to the funds makes them attractive short term options.