Tuesday, April 29, 2008

Food for Thought

Here is an interesting article describing how stocking the pantry is a better investment right now than a money market. Interesting perspective. Of course, I would suggest very careful and thrifty shopping to maximize your investment. Here is an excerpt:

Stocking up on food may not replace your long-term investments, but it may make a sensible home for some of your shorter-term cash. Do the math. If you keep your standby cash in a money-market fund you'll be lucky to get a 2.5% interest rate. Even the best one-year certificate of deposit you can find is only going to pay you about 4.1%, according to Bankrate.com. And those yields are before tax.

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