Rates Current as of Friday February 10, 2012

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If I am concerned about rising inflation how should I manage my bank finances better to handle this situation?

Laddering is one fundamental strategy to protect your assets and maximize returns in a rising inflationary market. Laddering involves buying securities, in this case – bank certificate of deposits that mature at varying intervals. With this strategy your CDs with short terms will have a slightly lower rate of return than the longer term CDs but if inflation rises so to will the rates the banks offer. As the CD matures the new rates you can invest the funds in should be higher to reflect the general rise in rate that are associated with rising inflation levels.

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