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.

  • Asafum@feddit.nl
    link
    fedilink
    arrow-up
    2
    ·
    3 months ago

    5% is terrible? I have 13k in a 9 month CD at 5%

    Almost a year and I get like $600, doesn’t seem so great to me but there’s no risk either I guess :/

    • Hugin@lemmy.world
      link
      fedilink
      arrow-up
      2
      ·
      3 months ago

      Low risk but inflation is above 3% so you are looking at less than 2% effective granted it’s a fairly safe investment.