LogFAQs > #882907549

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TopicI have $5k in the bank for the first time!
Drpooplol
07/14/17 2:00:05 PM
#11:


Sherm128 posted...
mastermix3000 posted...
Firewood18 posted...
Put half of it into a CD account. Get a tiny bit more interest than savings and will keep you from spending it.


yea, don't do that

Yeah, please don't do that. You won't have access to the money until it matures and the extra interest you make still won't be enough to keep up with inflation

Well most CD's let you access your money early now, but you forfeit all the interest earned. Still, it's not really necessary to do so.
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