Your Savings Account Stinks. Here are 5 Places to Keep Your Money Instead

Alternatives to Savings Accounts – Not Under Your Mattress

By, Greg Johnson

With many banks offering an APY rate of 0.03% or less, using a savings account as a long-term investment option is not your best money move. You won’t be growing rich by watching your account grow in pennies.

Bonus; Should I Pay off My Mortgage or Invest in the Stock Market?

Don’t fool yourself into thinking that you are keeping your money safe in these risk-free savings accounts either. Stashing your money in a low-i...