high yeild saving?

Question

where can i get the highest interest in a savings account or with a CD?

Answer 1

go on the internet and find a bank or s/l that pays high yields for low balances. What yield you get depends on how long a time you want to let them use your money: 1 mo CD or 3 mo. CD or 2 yr CD etc.

Do some research that the bank is legitimate and you can get your funds in and out easily. A bank, far from home, can be a hassle to get your cash refunded from quickly.

I suggest bankrate.com

Answer 2

What most people don't realize is CDs and savings are negative investments lost to taxes and inflation. The longer you keep your money in such investments, the more worth you will lose. Generally with higher interest CDs and savings, you need to put in more money and with CDs you have to put them in for a longer period of time.

Answer 3

no longer something is as certain as CD. yet do no longer minimize your self to the 'certain', somewhat look for investment tool which you will lessen the threat of skill losses. and the thank you to mitigate the threat? expertise is the main crucial section in making an investment. it somewhat is why warrent buffet continually advised me and the finished international, positioned money into what you already know the suitable, simply by fact in basic terms then you understand the thank you to lessen the threat of dropping money.