Posted by on Feb 2, 2019 in Articles & Advice, Blog, Columns, Featured |

Image Credit: Alex Nabaum

 

By Jason Zweig | Feb. 1, 2019 6:00 a.m. ET

 

The Federal Reserve signaled on Wednesday that it will be “patient” before raising interest rates again, but you should put your money in motion.

In a few minutes and with a few clicks of a mouse, you can crank up the yield on your cash by two percentage points, often adding hundreds—even thousands—of dollars to your investment income annually. The only hard part is overcoming your own inertia.

To read the rest of the column:

https://www.wsj.com/articles/raising-your-own-rates-even-if-the-fed-wont-11549018803

For further reading:

Books:

Benjamin Graham, The Intelligent Investor

Jason Zweig, The Devil’s Financial Dictionary

Jason Zweig, Your Money and Your Brain

Jason Zweig, The Little Book of Safe Money


Articles and other resources:

How Your Brokers Can Make 10 Times More on Your Cash Than You Do

Brokers to Investors: Your Cash Ain’t Nothin’ But Trash

Take a Hint from Goldman: Squeeze More Out of Your Cash

A Few Good Reasons to Hoard Some Cash Now