12-31-2013, 06:57 AM
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Confirmed User
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Join Date: Nov 2002
Location: FL - TN/NC
Posts: 5,211
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It will go up, (so will credit card rates) but savings is not a way to beat inflation.
You do better to keep buying small blocks of index funds tied to the S&P and in the long run you will beat by far the inflation rate and any interest a bank will pay you.
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