Investing Tip #175: Keep a Small Amount of Money in Your Savings Account
October 22, 2014 at 03:05 AM EDT
A savings account adds liquidity to your portfolio. You can withdraw the money anytime. But savings accounts offer only 2-3% interest, which is very small. Therefore keep only a small amount of money in a savings account that meets your small and immediate needs. Park your money elsewhere to earn more. If you want to […] The post Investing Tip #175: Keep a Small Amount of Money in Your Savings Account appeared first on The College Investor .
