Close Close

Life Health > Life Insurance

Can saving money cost you money?

Your article was successfully shared with the contacts you provided.

Maybe Mom and Dad were wrong. You shouldn’t save every penny. With interest rates so low, you may actually lose money by saving money. Or so posits financial journalist Roben Farzad. In his view, the Fed favors spenders, those who can buy into the stock market, homeowners and corporations. For the majority of Americans, there aren’t many options if they want principal protection.