I haven’t used banks for savings for 4 decades now. All brokerages have money market funds. The 1’s I have been in for 2 years pay over 5%, some having $100k minimum and the others a $1M minimum that pays .15% higher. You can get out at anytime. Money market funds are very safe and starting back in 2022, it was the only thing to be in for 18 months, but if you really wanted to make money these last 6-9 months, you needed to be in index funds and stocks.
|