The highly anticipated rise will be good for savers and investors.
Losing to Inflation
This article states that a rate increase from the Federal Reserve is long overdue. For savers that place money in certificates of deposit they have been actually losing money as inflation has outstripped the low interest paid on CD’s.
“…if you’re looking for a way to save and invest, you’re being punished. If you put your hard-earned dollars in a money-market account or certificate of deposit (you know, the way your risk-averse but savvy-about-saving parents and grandparents did?), you’re actually losing money. And you have been for years. Because if you’re making 1% interest, and inflation is 1.5% to 2% (those are the Fed’s figures, by the way), you’re simply not keeping up.”
This is one of the reasons SaverNotes was developed was to give investors a return above and beyond inflation. Investors are able to earn between 5 to 7 times more interest on their savings with notes from SaverNotes.
If you are interested in finding an alternative investment that provides a higher fixed rate of return, is easy to invest in, has no fees or expenses, has a well thought out plan, has been reviewed by legal, wealth management and accounting advisors, SaverNotes may be an investment to consider.
Headquartered in Eden Prairie, MN., SaveNotes, LLC provides a unique alternative to stocks, bonds and CD’s by providing fixed income with high return, while remaining easy to invest.
SaverNotes pays interest to its investors based on a variety of available investment amounts and maturity dates. SaverNotes have no fees or expenses and are available for any Minnesota investor. Current rates range from 3.00% to 6.00% based on terms of two to five years. Investors can also invest through their IRA account.
Regular | $2,000 + |
IRA | $25,000 + |
Term | Interest Rate |
2 Year | 3.00% |
3 Year | 4.00% |
5 Year | 6.00% |
Learn about how this investment fund was made possible through our investment partnerships and our experienced legal, wealth management, banking and accounting advisors at www.SaverNotes.com.