ArteEtLabore14
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What banks are currently offering the best rates (****** as they may be) and are they worth it as a relatively short-term investment with minimal risk?
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Join the masses and put your money in a good bond fund. At least, until the economy starts cooking again and there are more reliable ways to get a decent return (or you want to get back into the stock market).
+1. I have most of our savings in a short-term municipal bond fund through Vanguard. Low cost, dividends grow tax free, and duration is less sensitive to increases in interest rates.
What banks are currently offering the best rates (****** as they may be) and are they worth it as a relatively short-term investment with minimal risk?
No CD rate, long or short term, is worth it unless you go through a credit union as an armed forces member. As an example, recently a CU near me offered a 6mo CD @ 6% interest... that rate is unheard anywhere right now.