I am an accomplished financial professional, with over 20 years of experience in investments, corporate finance, and accounting. My investment experience includes oversight of a $4 billion portfolio for an insurance group. Varied finance and accounting work includes credit analyses, the development of multiyear financial forecasts, and the evaluation of capital budgeting proposals and investment opportunities.
In a consulting capacity, I've assisted individuals and businesses of all sizes with accounting, budgeting, financial planning, and investing matters. I've also lent my financial expertise to few well-known websites and tutored students via a few virtual forums.
In today’s highly inflationary and elevated interest rate environment, achieving a competitive yield on your cash reserve is critical to preserving the purchasing power of your money. For many people, the preferred savings vehicle is either a certificate of deposit (CD) or a high-yield savings account. I prefer the latter.
The deeper we get into 2023 and away from pandemic-era saving habits and stimulus checks, the slimmer Americans' savings accounts are starting to look. Previous projections from the Federal Reserve...