With the passage of time an increasing number of banks are now providing certificates of deposits which offer a flexible rate of interest. The interest rate is designed to increase with the increase in the customer’s account funds. The drawback of this offer is that it comes at a high rate and has complicated terms of use. Savers are also …

Since 2008/2009, when there was economic meltdown in the US, it has been a constant challenge and struggle to be able to find low-risk yields. Now interest rates are close to zero and this has made most retirees nervous about buying bonds because there might be a sudden jump in the rates. This leads us to asking the most important …