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Personal Finance and Investing

(24,658 posts)

8. Yup. The OP should ask his friend if he likes free money!

Wed Oct 16, 2024, 08:46 PM

Oct 2024

How would an extra $450 a year strike you?

Beats a poke in the eye with a sharp stick, any day!

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I've got a friend with ten grand sitting in a regular savings account doing nothing [View all] Mr. Scorpio Oct 2024 OP

That is exactly what we just did. nt Ferrets are Cool Nov 8 #12

Is that the only money he has? If so, it marybourg Oct 2024 #2

Nah.... get it in a HYSA. Happy Hoosier Nov 1 #11

10K is good starting point to starting for multigraincracker Oct 2024 #3

At 75 I'll keep my $ in savings Lebam in LA Oct 2024 #4

Cash is a demand on future consumption bucolic_frolic Oct 2024 #5

I'm very skittish and don't like risk - at all MaryMagdaline Oct 2024 #6

Current CD rates range from 4% to 4.6% for 3 months to one year surfered Oct 2024 #7

Yup. The OP should ask his friend if he likes free money! A HERETIC I AM Oct 2024 #8

Having an emergency fund in cash is a good idea... Happy Hoosier Oct 19 #10