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Personal Finance > Investing
Want better returns?
October 30, 2000: 11:19 a.m. ET

If you are not satisfied with your returns, check out some high-yield alternatives
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NEW YORK (CNNfn) - American consumers are throwing away $30 billion to $50 billion in interest each year by keeping their money in low-yield savings accounts.

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According to the study done by The Consumer Federation of America and Providian Financial, Americans keep a trillion dollars in savings accounts that yield 2.1% on average, which ends up costing them up to $50 billion a year in lost interest. Several alternatives provide the same guarantees with nearly the same liquidity.

CNNfn's Laura Rowley looks at some high-yield alternatives. Back to top





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