MONEY: CD rates are the answer to the wrong question

BANKING
Is It Stupid to Save? 5 Alternatives
With low interest rates here to stay, we look at options that can beat putting money in the bank.
http://www.smartmoney.com/plan/banking/is-it-stupid-to-save-5-alternatives-1348525179055/?cid=djem_sm_WeekontheStreet_t

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I find it amusing when articles give financial advice without any context. No that I’m a financial guru. But at least I’d stratified my advice into some tiers:

dirt poor — you should be focusing on burn rate and “months of cushion”

poor — you should be focused on pyramid and how you establish a basis going forward

young family man — should be thinking insurance and home ownership

youngsters — save your nickels and develop 10 part time jobs

… … before you start worrying about savings rates!!!

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