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Updated over 1 year ago,
John McKeePoster#5 Commercial Real Estate Investing Contributor
- Investor
- Fairfax, VA
- 727
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Is your bank savings keeping up with the FED? ...Probably not
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.