It wasn’t too long ago that many personal finance discussions were dominated by such burning questions as: Can I juice my retirement by betting on the stock of a mall video game store? How about digital pictures of apes? Well, things have changed.
A surge in interest rates has popped the bubbles in especially speculative corners of financial markets. But a major side effect of the new financial regime is a focus on an investment many of us may have forgotten to view as an investment at all: boring old bank savings accounts, some of which now pay yields of more than 4% after years of offering rates that round down to zero.
