Monthly Archives: February 2012
Savings Accounts
The current interest rate environment is weighing heavily on those who count on getting any kind of return on their cash and/or low-risk investments. Treasury bond yields are at historic lows, especially at the short end of the curve. That means that the most cash-like treasury securities – the ones which mature the soonest and […]
Morningstar answers a reader’s question about UGMA accounts
http://news.morningstar.com/articlenet/article.aspx?id=537628 Question: I set up an UGMA for my daughter as a way to help save for college, but now I read that the money in the account could hurt her chances of getting financial aid. Can I cash out the account or move the money to a different type of college-savings plan? If you […]