Sentences with phrase «offer paltry rates»

Bank savings accounts currently offer paltry rates of interest.

Here are some simple rules to help you navigate the market and build a large stock portfolio over a long period.Bank savings accounts currently offer paltry rates of interest.

However, the accounts offer a paltry rate of return compared with other investments.

Although Bank of Internet's IRA CDs offer a paltry rate compared to its regular CDs, you do still get the tax benefits from opening these accounts within an IRA.

Government fixed income is offering paltry rates of return, and carry a significant risk of loss should inflation rear its head.

Not exact matches

Yes, it's an account, and if you really wanted to, you could fill it with cash and collect the paltry interest rate that a bank offers and it will function like an old fashioned savings account.

Advances in technology coupled with the ever - growing TFSA mean savers of all ages simply have more choice and more incentive to grow their wealth beyond the paltry interest rates that basic savings accounts are offering.

The main reason is the low rates offered by the big banks: at press time, CIBC and Scotiabank offered one - year GICs at a paltry 0.4 %, while a five - year certificate at Royal Bank would net you just 2 %.