In these days of tough economic conditions, one needs to save one’s hard earned money. What are the avenues for the same?

One avenue is the stock market.

Though the stock markets have been showing some positive signs in the last couple of days, I am not sure whether the economy has really turned around and whether the rally that we are seeing is actually based on the broad economic fundamentals or is it based on simple toxic asset removal plan? Will the plan on toxic asset absobption by the government result in the economy turning around? I am not very sure.

So, which are the other avenues? Buying bonds is one other avenue. But, the bond market is not going through the roof exactly.

So, that leaves us with our old friend, bank deposits.

These are safe. Liquid. They also earn a decent interest on the money. And, we can draw it out whenever we need it.

Which CD is the best CD out there? And, how do we know it? How do we compare the CDs offered across the different states by the different players out there?

best CD rates can be easily found by the comparison provided in the site. It ranks the different CDs by the best offers. One can compare it on a national basis or within a state. One can compare it for a given tenure, say 6 months CD rate or for say 2 years CD rate.

Just log in, compare, decide and invest. As simple as that!