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Economy

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KS Toronado

(18,263 posts)
Wed Apr 17, 2024, 11:12 AM Apr 2024

Need to do something with my bank savings account [View all]

since it draws very little money. Buddy has been telling me money markets are the way to go, he claims around
$300 profit every month from a $90,000 investment. Lady at my bank says no, CDs are the only way to go.
Asked how US Savings Bonds interest rate compare to their CDs and got more beating around the bush, she
was determined to get me into CDs like she was getting a commission, I walked out.

So where's the best place to put some presently unneeded money, money markets, CDs, or US Savings Bonds?
The bank's savings acct sure doesn't pay shit. Thanks in advance for useful information.

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