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Time to buy: Americans now favor savings accounts to stock market
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Tuesday, May 12, 2009
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From OregonLive:

A new Gallup poll shows how much Americans have lost confidence in securities (Hat tip: CPATrendlines).

The proportion favoring savings accounts as the best long-term investment doubled between 2007 and April 2009 to 34 percent.

Those favoring stocks fell in half over the same period, to 15 percent as of last month. One-third still thought real-estate as the best vehicle, despite the housing market.

Read full article (with great chart)...

More posts on saving cash:

Where to find guaranteed high yields on your cash

How to get free cash, higher yields from your bank

How to put a gigantic amount of money into FDIC-insured CDs

Topics: Saving_money | Stocks
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