The 16% Solution: How to Get High Interest Rates in a Low-Interest World with Tax Lien Certificates

by Joel S. Moskowitz

As of this writing, the following are typical yields on common investments: 5-year Treasury Note 2.95% 10-year Treasury Bonds 3.77% High Grade Corporate Bonds 3.80% Money Market Funds 2.50% Utility Stocks 5.8% 1-year Certificates of Deposit 2.75%