The Renewed Appeal of a Good Old Bank Account

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There’s nothing like volatility in the equity and real estate markets to make pokier forms of investment look inviting. Gallup polling finds consumers shifting toward savings accounts and CDs when asked to identify the best form of investment for the long haul.

In a survey fielded this month, 29 percent of respondents said savings accounts/CDs are the “best long-term investment,” slightly topping the number who accorded that status to either stocks/mutual finds (27 percent) or real estate (also 27 percent).

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