Have a few thousand from tax return that has nowhere to go. No credit cards, caught up on bills and since we are ahead this year I am wondering where would you stick the money and why? CD's ? I have no retirement savings but I hate to stick it so far away in case we need it for emergencies....Savings accounts just have such poor returns at least at my bank...Any advice?
2007-02-21 08:52:15 · 1 answers · asked by ntwrkadmngrl 1 in Business & Finance ➔ Personal Finance
You could check out one of those online savings accounts. There are several very reputable ones such as ING. They have a %5 return. I was just reading about them today at Jewish World Review's website. My husband and I have a money market account with USAA that has a 5% rate. There is a 10 day waiting period though to get money out after you've deposited it. You also have to take out atleast $250 at a time.
2007-02-21 08:58:24 · answer #1 · answered by psycho-cook 4 · 0⤊ 0⤋