Think there's no safe way to beat low bank account returns?
If you have cash sitting in a bank, checking or money market accounts you're earning well under 1%. How much under 1% (which is the same as 100 basis points)? Well, on average Americans earn 0.02% (2 basis points). Not only does that mean that you're cash isn't growing, you're actually losing money due to inflation -- hovering in recent years between 2-3%. Each year your dollar declines in value. But there's a safe way to prevent this and to score an attractive yield with your extra cash. How/ Look here: i-bonds
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