Savers Losing Out in the Current Economy

Are you into saving money? And I mean really saving it. You know, by setting it aside in some sort of an account (be it investment or high yield savings or CD). Do you do that? I do, and I really felt the truth behind a recent BusinessWeek article about how savers are basically getting the shaft. Due to the very real effects of inflation, many savers are finding that their gains are being eaten away. And with the bear market, some are concerned that investment accounts are tanking.
All of this is somewhat excerbated by the recent attempts to shore …read more