but <1% return vs 5.6 is a big difference

 

online savings have ~5% rate... that .6% difference will only be significant if you've got a ton of money in the first place, plus you've got access to your money whenever you need it as opposed to having no access to your money and/or taking a huge penalty if you cash in early.

 

I agree with you on that. I wouldn't get a CD unless you have atleast 50k in it. Not worth it for smaller amount I agree.

 

all of you are wrong. individual stocks provide the best return behind strippers.

 

long term only

 

Capital gains and taxes, short term losses, inaccessability, volatility... stocks aren't a good short term or even for up to 5 year term investment.

 

I am sad to say this, but RB is right

 

serious question, what happens to my accounts if i die or something :squint:

 

will my loved ones be able to get the millions out?

 

next of keen