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How to beat the 2.5% savings interest rate

What alternatives do you have for beating the low interest rate you get from your bank on your savings account? Let’s start looking at what you actually get now. Do you know what the interest rate is that you are getting on your savings account in 2010? Have you checked? If not, do that now.

My bank has lowered the interest rate I am getting on my savings account in 2010. I am now getting only a miserable 2.5%. For a Stock Trend Investor, that is not enough. For nobody, that should be enough. What are the alternatives?

 

how to beat the savings interest rate

Bad news for buy and hold

How to start in 2010

What shall you do as a Stock Trend Investor now in January 2010 when all stock market indices have increased like they did in December 2009? It depends.

Stock Trend Investors do not only look at the last month but also at what happened during the previous months. We are looking at trends that last for months and not just at what happens during an individual month. So, what are our conclusions on how to start in 2010?

 

Positive trend

For all eleven stock market indices that are currently covered by the Stock Trend Investing system, the trend is positive, except for the Japanese Nikkei index. This positive trend indication from our system means that we give the scenario where the stock market indices will continue to increase over the next few months the highest probability.

Why you shall not check daily your stock portfolio

Investors in the stock market who have a long time-horizon shall keep a close eye on their investments, but there are better ways than checking your portfolio every day. Let’s start looking at the disadvantages of checking your portfolio value every day before going into the available alternative.

Four disadvantages of checking your stock portfolio daily when you have a long investment horizon:

 

Feeling better without checking your stock portfolio daily

 

1) It takes you every day a few minutes that do not bring you any positive results. Five minutes per working day is more than an hour per month that you can spend in a more fruitful way.

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Beating the Market - The Discovery of How to Invest, Grow and Protect Your Savings When Markets Rise and Fall

 

“Do you think that the interest you get from a Savings Account is too low? Do you expect higher profits than what you get from just buying and holding funds and stocks?

Do you like to receive simple signals and indicators that help you to decide what funds to buy and when to sell? Do you want to sell your funds before the stock market crashes?

If you answer any of these questions with a “Yes”, click here to read more about this long-term investment strategy that can also work very well for you. "

Grow Your Savings!

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Founder/CEO Stock Trend Investing