Quote:
Originally Posted by ShadMan
Money market or bond funds.  |
Money markets are still around 0.02% on average. Some bond funds I use are paying 4.5 - 5% tax free.
3 yr CD's do pay around 3% and if you go 5 yr you can get about 4%. But I really don't recommend going out that long in this interest rate environment. Stay short, so you don't get burned when rates go back up. And they will go up soon, as long as our Prez continues to want to "spend our way out of this economy"