With the Federal Reserve keeping interest rates at zero and Fed Chairman Powell saying last month that the Fed “is not even thinking about thinking about raising rates”, interest on your cash reserves is very hard to come by. Also, as we’ve talked about in prior Cadence Clips pieces, inflation has been gaining steam, which further erodes the purchasing power of your cash. So, what is one solution if you want to keep a cash reserve but also earn some interest without any downside risk to your principal? CDs used to be an answer, but as of the writing of…
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