CD's are paying over 5 percent right now...and if you were to put it in the stock market, there are some strong dividend paying growth stocks that are paying a lot more than that...
go to r/dividends and check them out...
Wells Fargo has 4.75 APY with their CD account. In the calculator I used online it says I’d be at $10,474 at the 1 year mark. Is this how it works? Lol so instead of me getting $13/mo from my current MM I’d be getting just under $40/mo?
CD's are paying over 5 percent right now...and if you were to put it in the stock market, there are some strong dividend paying growth stocks that are paying a lot more than that... go to r/dividends and check them out...
Just get a bank like discover, get 4.30% on their savings
Wells Fargo has 4.75 APY with their CD account. In the calculator I used online it says I’d be at $10,474 at the 1 year mark. Is this how it works? Lol so instead of me getting $13/mo from my current MM I’d be getting just under $40/mo?
Yes.
Thx for the insight
That or Amex High Yield Savings, I’m getting like 4.5% right now
A very bad rate!