Personal Finance Advice and Commentary

With CD rates so low, savers are stretching for yield. But what they don’t know could hurt them.

Ginnie Mae funds offer investors a little yield along with a government guarantee. They do come with some risks though. Learn more at Bankrate.com.

Savers just cannot catch a break in today’s interest rate environment. According to Bankrate’s archives, the average one-year CD has yielded under 1 percent since September 2009 — and under 0.5 percent since December 2010. After the erosion of purchasing power through inflation, savers are kind of paying banks to keep their money. But rather

Bond mutual fund investors may be warming to the possibility of an improving economy. Last week funds saw the largest withdrawals in two years, Bloomberg.com reported on Wednesday. According to Investment Company Institute, or ICI, statistics, investors pulled $8.62 billion out of bond mutual funds the week of Dec. 15. Institutional investors may have been

Savers searching for yield and soured on low CD rates sometimes choose to park their money in a bond fund. More risky than CDs, bond funds can offer improved yields but without the safety of the FDIC guarantee to principal. “There is always a downside — Coca-Cola or McDonald’s is not as safe as the