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Savings or Mutual Fund?

By Terry Savage on February 22, 2021 | Financial Planning / Retirement

My daughter is starting her career in her post graduate job. She has a company 401K with the maximum contribution. She is ready to save/invest more but cannot find a high yield savings. What would be a good Mutual Fund to recommend? We will go to Morningstar to begin research. Thank you.

Terry Says

There IS NO high yield savings these days. The Federal Reserve is keeping rates low. Please buy her a copy of the new edition of The Savage Truth on Money. Here is the link on Amazon. If that doesn’t get her off to the right start, I will personally give your money back!!



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