No Stupid Questions

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What can I do with US$10K that is a good investment? (lemmy.world)

submitted 2 years ago* (last edited 2 years ago) by robocall@lemmy.world to c/nostupidquestions@lemmy.world

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Edit: update I decided on a CD. I may do an index fund in the future. This was a short commitment and easy to understand. Thanks everybody.

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[–] JamesBean@kbin.earth 7 points 2 years ago

Vanguard recently started offering a savings account that currently has a 4.15% APY (their 'cash plus' account).

If OP wants to park the money in a savings account for easier access than a mutual fund, that's both a more reliable institution and a better rate.

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