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by HWR_14
2 hours ago
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Those accounts should be in something that pays more interest because you give up the liquidity. You pay (in reduced interest rates) for the ability to withdraw at any time. You can instead be completely risk free and make more money* by promising not to need it for another 10, 14 or 18 years. * However many of those methods involve locking in the interest rate, so you might miss out if banks start paying 10% like they did decades ago. |
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