Ask Terry Questions Chicken money options

Chicken money options

By Terry Savage on August 29, 2023 | Chicken Money

Are you aware of AMEX Bank’s online savings account that is currently paying 4.25% interest? I read your column recommending short term options, but this is my “chicken money” account, as I can add to it or subtract from it at any time and for any amount. They offer high interest rates and such flexibility that I am very happy with this account

Terry Says

That’s fine. But 6-month Treasury bills are paying 5.5% — with equal safety!!
Read this: https://www.terrysavage.com/t-bills-beat-cds/

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