should i even open up a online high interest savings account if i only have $5,000?

dooo42

Recycles dryer sheets
Joined
Jul 19, 2010
Messages
51
is it even worth it right now to open up a online high interest savings account if i only have $5,000? should i just keep it in the credit union for now?
 
Heck, I have one and right now it only has about $1,000...


Income is income... very little work to get money moved... only move money I know will not be used anytime soon...
 
...only if the additional ~$100 in interest income is worth anything to you. ;)
 
No, buy $5000 worth of GE stock. Or pick another. Lots to choose from.
Or buy $2500 of "BND" and $2500 of "VTI". This last method will be quite conservative 50% total bond fund by Vanguard and 50% total stock fund (index) also by vanguard. Very safe, never goes down. :) :) :)
 
Back
Top Bottom