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> Even with my 3% APY bank accounts (people seem to believe there are none of them in the US which is untrue!) I'm one of those people. I have an account that
by function_seven 6y ago
> Even with my 3% APY bank accounts (people seem to believe there are none of them in the US which is untrue!)
I'm one of those people. I have an account that started at 2.2%, and is currently earning 1.8% or so. I thought that was the best I could do without locking up my savings in long-term CDs.
Can you share any info on this?
- subhobroto 6y agoI can but that exposes me to clear liability that will be hard to argue against (and I'm easily reachable both by you and your attorney) as I am also a shareholder at those institutions and hence have a clear selfish motive in suggesting that you use them even if they later cause you harm. So I think I have a reasonable suggestion for you: look into credit unions that are looking to hand out business loans. In my experience, it's less risky than investing directly into said business (honestly that's where you make the most money!) and you're backed by the NCUA upto $250k per account