#Tokyo Japan

If one of your New Year's resolutions is to grow your savings, one smart strategy is to keep your money in an account earning the most interest. The Federal Reserve has been slow to raise interest rates, and even recent hikes haven't trickled down to consumers in the form of better savings yields.

I find that the end of the year is always a good time to examine my investment portfolio and determine whether any changes need to be made. If some investments have performed well and distorted my asset allocation, it may be time to take some profits off the table and rebalance the portfolio.