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Forum
-> Inquiries & Offers
-> New York related Inquiries
amother
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 Sun, Aug 11 2024, 10:17 am
I kept my savings in Money Market accts, because I was getting about 5%, BUT I hear bank rates are going down drastically, shortly.
Which are the best FDIC insured (or similarly secure) places to invest?
I see CD rates are going down by the day, but I think some govt bonds are state tax free, so maybe theyre preferable even though rates are lower?
t
What are the best places to keep money in the current financial climate, that are at least as safe as FDIC insured?
TIA
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amother
Lavender
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Sun, Aug 11 2024, 1:43 pm
There are no fdic insured places to invest
FDIC insured is for banking.
There are safer investments like using a robo investor like Wealthfront or betterment .
There they can take a risk assessment to advise you properly.
But investing will always be riskier than a high yield bank account
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amother
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Sun, Aug 11 2024, 6:08 pm
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How secure are US govt bonds relative to CDs, and how do they compare ratewise?
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