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Economy

LonePirate

(13,431 posts)

8. I picked up a 1 year CD last fall that was paying a little over 5%

Reply to KS Toronado (Original post)

Wed Apr 17, 2024, 11:32 AM

Apr 17

I’m seeing 3 month and 6 month CDs that are paying over 5% as well. Those might be worth investigating if you don’t mind paying the taxes and don’t mind having your money locked up for a few more months.

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Need to do something with my bank savings account [View all] KS Toronado Apr 17 OP

Credit Union OLDMDDEM Apr 17 #1

Treasury Bonds are earning 5%+ right now. n/t CousinIT Apr 17 #2

Personally claudette Apr 17 #3

High-yield savings account? AZSkiffyGeek Apr 17 #4

I have CDs for what it's worth, but I'm no wiz Easterncedar Apr 17 #5

Credit unions often have better interest rates. Ocelot II Apr 17 #6

Treasury bills! Open an account with TreasuryDirect. They ARE the government. Wonder Why Apr 17 #7

I'm considering looking into this - the shorter-term ones. CousinIT Apr 17 #14

I picked up a 1 year CD last fall that was paying a little over 5% LonePirate Apr 17 #8

Our Credit Union has the same great rates. Hope22 Apr 17 #10

If you have $90k in savings, it shouldn't be there Fiendish Thingy Apr 17 #9

If op is willing to consider stocks, and can accept volatility, spooky3 Apr 17 #11

Last I looked my Vanguard MM was paying doc03 Apr 17 #12

I'll just say that savings bonds can be a pain to cash. jimfields33 Apr 17 #13