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Old 09-15-2008, 03:17 PM   #7 (permalink)
cadre
The Worst Influence
 
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Location: Arizona
I have a high yield savings account with HSBC and last I checked the interest rate was still at 3.5%. My savings style is to keep a couple months worth of money in there, in case I lose my job or some other negative event happens and I need money right away. The excess goes into long term investments. Every month I go through my financial and make any necessary adjustments. Am I risking a lot of my money? Well, that depends on your opinion of risk. I am however growing my money faster than any other method.
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Last edited by cadre; 09-15-2008 at 03:19 PM..
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