Remember everyone, the average inflation rate in the United States is ~3% per year. Due to the Federal Reserve's QE programs savings rates in conventional banks are hovering between 0.5 and 1 percent so you need something else.
Essentially, if the interest rate on your savings vehicle is below 3% annualized returns, YOU ARE LOSING MONEY.
The other thing to note is that returns on investment are based on risk, you can't win without gambling at least a little. I would recommend a money market mutual fund given that the US stock market has given 9-11% returns over the course of its existence in addition to the fact that its being managed by professionals. For those who understand intimately how investment works and have tens of thousands in spare capital there are plenty of other options that I am too poor to have had experience with.![[Image: sad.gif]](https://rooshvforum.network/images/smilies/sad.gif)
Essentially, if the interest rate on your savings vehicle is below 3% annualized returns, YOU ARE LOSING MONEY.
The other thing to note is that returns on investment are based on risk, you can't win without gambling at least a little. I would recommend a money market mutual fund given that the US stock market has given 9-11% returns over the course of its existence in addition to the fact that its being managed by professionals. For those who understand intimately how investment works and have tens of thousands in spare capital there are plenty of other options that I am too poor to have had experience with.