Suddenly, cash is king again. With more and more Americans worried about their job security, the personal savings rate has climbed to 3.6%, up from next to nothing two years ago. Investors, meanwhile, have parked billions of dollars on the sidelines while they wait for better days. But with interest rates on savings near record lows, it pays to be savvy about where you stockpile your rainy-day funds. Here's what you should keep in mind.
The lock on the gate is rusting, as are the ramps once used to drive shiny new Lincolns onto transport trucks. The giant sign that once carried the Ford logo is painted white, the factory is shuttered, and the jobs gone.
You can imagine it: a white house, a picket fence, a brick walkway to a green front door, and a beautiful foyer. Backyard barbecues, a two-car garage, and a living room with plenty of space for your surround-sound theater.