Ask Terry Questions Interest for savings

Interest for savings

By Terry Savage on January 06, 2021 | Chicken Money

Terry where’s a safe place for savings and a decent return? Thank you

Terry Says

Any bank is a safe place, and there is NO decent return! YOu can blame the Fed which is keeping interest rates very low. But that will end in a year or two. So don’t rush into anything with a higher rate, because there is surely more risk. Stick it out at your bank if you can’t afford to lose a penny.

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