Quote:
Originally Posted by ultimatebbwdotcom
No point opening a CD when you can still get nearly 4% on an online savings account with instant access and no withdrawl penalties.
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Where can you get 4% for a basic savings account?
woj, can you explain more about how you lose money due to inflation? I don't get that, I did read about that. But I didn't understand it. I figured anything is better than 1% which is what most savings accounts offer. I thought all only offered 1%. I'm not one to take risks, that's why I was looking to open a CD.