400.00
I have $400 to invest. I need to keep it liquid. I am 80 years old.
From what I’ve found through the internet and a few banks, it looks like I cant earn much interest.
CDs, Money Markets or even a Credit Union would be convenient ?
What do you think, Terry ?
Terry Says
I think you need to put that money in a bank Money Market Deposit account that pays around 3%. You can always get at it, and you won’t lose a penny. But check around and don’t settle for those accounts paying very low rates.
