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Updated over 1 year ago,

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John McKee#5 Commercial Real Estate Investing Contributor
  • Investor
  • Fairfax, VA
727
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1,086
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Is your bank savings keeping up with the FED? ...Probably not

John McKee#5 Commercial Real Estate Investing Contributor
  • Investor
  • Fairfax, VA
Posted

It's a good time to be on the sidelines and earn some cash while continuing to shop around for your next real estate deal.  A high paying money market account is a great way to place your money.  Unfortunately a lot of legacy banks drag their heals when raising their rates on money market accounts.  If your cash is not earning at least 4% on the sidelines then it might be a good time to shop around. 

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