Newton Highlands, MA (PRWEB) December 17, 2009
BestCashCow is pleased to announce the launch of its revised Lower Risk Investment Comparison Chart. The chart provides investors with an easy way to compare a variety of low risk, income producing investment alternatives.
“If an investor suddenly has a bunch of cash drop into their lap, and they want to protect the principal and earn the highest return, what can they do with it? That’s what we’ve designed the Comparison Table and the BestCashCow.com website to do,” said Sol Nasisi, President and Co-founder of BestCashCow.
The investments on the chart range from savings accounts and CDs, to Treasuries, Municipal Bonds, and Commercial Paper. Factors such as investment size, tax implications, minimum deposit requirements, and risk to principal are compared.
Maximizing the return of safe investments can put big money into the pockets of investors. For example, according to the FDIC, Americans have more than $5 trillion deposited into big banks, which generally offer lower rates on savings and checking accounts.
“Just moving money into a deposit account that yields 1% more per year will put $50 billion into saver’s pockets without raising risk. “Almost everyone will find they can earn an additional 1% return on their cash and safe money if they visit BestCashCow.com and other rates sites online,” said Mr. Nasisi. “It’s the easiest way to give yourself a raise in 2010.”
Currently, a savings or money market account from a top bank under .5% APY. On the BestCashCow rate tables, there are many FDIC insured banks that are offering savings rates and money market account rates of 1.5% or higher.
The same is true of CD rates. Big bank 12-month CDs are 1.00% APY and below. The top rate on the BestCashCow rate tables is currently 2% APY.
BestCashCow.com provides a comprehensive set of resources and tools to help individuals earn and save more money. The site tracks the best savings account rates, cd rates, bond offerings, mortgage rates, and more. THERE IS COMPETITION FOR YOUR MONEY and BestCashCow.com helps consumers understand how to find the right financial products at the right rates.
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