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Why would you lock your money up for years in a bond at a lower yield than you can now get with Robinhood?
by a13n 8y ago
Why would you lock your money up for years in a bond at a lower yield than you can now get with Robinhood?
- kevstev 8y agoYou can sell bounds, they can be fairly liquid, and the yields are higher, with a locked in rate for that time. Personally I am a bit concerned about the safety of keeping money at RH as well after their big F up last week. The real point though was that IMHO aside from your emergency money, you should really have as little in cash as possible. My other callout was that high interest rates didn't appear to steal any significant business from big banks in the past.