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Cash is the cool kid on the block: High-yield savings accounts, Treasury bills, money market funds, and CDs — here’s where your cash can earn up to 4.5%

‘Cash is the cool kid on the block’: High-yield savings accounts, Treasury bills, money market funds, and CDs — here’s where your cash can earn up to 4.5%

John Boyd quoted on Market Watch, Barron’s and Morningstar

The article highlights various investment options for cash that can earn up to 4.5% interest. High-yield savings accounts, Treasury bills, money market funds, and CDs are all popular options for those who want to earn a return on their cash without taking on significant risk.

John Boyd, Founder and Lead Wealth Advisor at MDRN Wealth explains that these options offer attractive interest rates due to their low-risk profile. High-yield savings accounts and money market funds are insured by the FDIC, making them safe options for those who want to avoid the volatility of the stock market.

Treasury bills and CDs are also low-risk options, with the added benefit of predictable returns. Boyd notes that investors should consider their financial goals and risk tolerance when choosing where to park their cash.

Overall, the article suggests that cash is a “cool kid on the block” for investors looking for low-risk options that offer a decent return. By exploring these various options, investors can find the right fit for their financial goals and risk tolerance.

READ THE FULL ARTICLE>>

Originally featured on:

marketwatch.com

Barron’s

Morningstar

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