There is no such thing as a high paying CD or money market. Both of these will always give you a return less than the inflation rate. A 5.25% money market return 2 years ago was 1/2 the inflation rate.
I cashed out of 2 pensions when I left each company because I knew I could make more off that money investing it myself and I quadrupled the value of those payouts easily.
I know the average rate of return is around 8% over the life of investing, but why shoot for average? Average is boring! There are so many low risk index funds out there that you can make over 30% so why would anybody put money in a cd or in a savings account or bonds? I’ve used these same funds for decades bringing me similar returns when I’m invested in the market. I looked at these funds a couple weeks ago and even over a 10 year period, they had a return of 15% which is very good when markets have had 2 big downturns in 2020 and 2022. Some of us bought Apple, meta, nvidia, tesla, and other stocks in late 2022 and those have returns that have doubled to quadrupled since their lows of 2 years ago.
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