Savings SHOOTOUT - High Yield Savings, Bank CDs, Treasury Bonds, or Money Market?
With interest rates at historical highs, investors often ask, should I keep my funds in my high yield savings, lock them up in a bank CD for a year or more, or invest in a Treasury Bond?
Another option, money market funds, are often overlooked by investors and may be worth exploring too.
In this live, I will explain what locking up your money in a CD or treasury bond may mean. I will answer the questions: What if you need the funds early? What are the potential penalties? How much should you lock up and at what maturity?
We will talk about where you can invest your cash for the short and long term and earn a competitive interest rate.
Remember, Financial Freedom is found through Discipline 👏
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#moneymarket #cds #savings
Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice.
Copyright 2024 Chisholm Financial Planning & Investments
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