$1000 a month investment account
What type of investment account would you park $1000/month into?
With the way inflation is, I don’t like putting money away in a traditional savings account. I want the money to compound for me, but also be easily accessible in the event of an emergency or to pull from for real estate investments.
Would love some insight! TIA!
Most Popular Reply
@Shelby Carter what are you trying to do with the money? If you are trying to invest in securities just do that. If you are saving up for a down payment just put in a high yield saving possibly short term CD's all will be dependent on your time frame. For emergencies just a high yield saving account these funds aren't meant to make you wealth they are to keep you from going backwards in life.
Best of luck!