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Stock impact report

This simple banking move can multiply your money [CNBC]

Ally Financial Inc. (ALLY) 
Last ally financial inc. earnings: 4/20 07:30 am Check Earnings Report
US:NYSE Investor Relations: ally.com/about/investor
Company Research Source: CNBC
Stashing cash finally pays, thanks to high-yield savings accounts show chapters High-yield savings 1:12 PM ET Fri, 15 Feb 2019 | 02:37 If you've stashed some cash in a savings account, this is your time to shine. Signs of rising inflation Fed As a result of the increase, savings rates are now more than 2.4 percent, up from 0.1 percent, on average, before the Federal Reserve You can earn even more with certificates of deposit "If you're not earning upwards of 2 percent on an online bank then you're really missing out," said Mandi Woodruff, MagnifyMoney's executive editor. In 2018, high-yielding savings accounts first time in over a decade "Cash was the lone investment class to generate positive returns in 2018," said Greg McBride, chief financial analyst at Bankrate.com. "Anytime markets are volatile, it's the money you have tucked away that helps you sleep at night." -Greg McBride, Bankrate's chief financial analyst Still, most consumers don't check the interest rates on their savin Show less Read more
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