Current certificate of deposit rates have been so low for so long how it is hard to imagine just two and a half years ago you could find 12 month CD rates as high as 500 percent

Interest rates on deposit accounts including certificates of deposit and savings accounts have been miserably low for a while now Unfortunately for depositors, interest rates have been low since 2008 when the economy into a deep recession

There are signs the recession is ebbing and recovery is on the way The $787 billion stimulus package aimed at injecting cash to the economy plus the conglomeration of smart and immediate government actions such as maintaining the Fed Funds rate between 0 and 0

During these tough economic times, where there is uncertainty in your income, choosing the right investment is crucial Though the global economy is a mess, we still have to find ways to continue earning wages and investing

The current US recession has been viewed by most as the worst that ever that hit the country and prompted the Obama administration to approve the $787 billion stimulus package last February, which it hopes will save the economy from further sliding down The unemployment has reached a 26 year high of 8

The day after signing the $787 billion economic stimulus package, President Obama unveiled his housing plan which involves a hefty $75 billion to help prevent about nine million Americans from losing their homes This is a sign that underscores the urgency of solving the economic crisis

When I got home from abroad, my first investment was in a life insurance policy Comparatively, I consider insurance better than bank time deposits, especially in this current economic environment where interest rates are so low