4 Ways to Lock In Yields Above 5%
March 6, 2024 by Debbie Carlson
With some money-market mutual funds and high-yield savings accounts still sporting 5% yields, it is easy to be complacent and let cash sit. But with the Federal Reserve likely to begin cutting interest rates later this year—recent hot inflation readings notwithstanding—such high yields are likely to come down quickly.
Click HERE to read the full story via WSJ
Wink’s Moore on the Market: Actually Debbie Carlson, annuities are available with as little as one-year terms.
AND- you can purchase annuities with as little as $500!
Which makes these product even more attractive than you initially suggested… -sjm