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re: Better than a Savings Account?
Posted on 9/4/17 at 9:10 pm to Jimmy2shoes
Posted on 9/4/17 at 9:10 pm to Jimmy2shoes
There are certain virtual banks that are good and believe it or not ( even though it takes time) you can overfunded a dividend-cash value insurance contract and net in ten years more than CDs/money markets are paying right now.
Bottom line- there isn't a lot you can do with safe money to make over 5-6% on your money now....or you can learn to self-direct a Roth IRA and make good low risk investment choices outside of Wall Street( real estate, private lending, secured leases with oil and gas, business loans, etc c..)
I know because I have been doing this for a few years.
Personally, our banking system is making tons of money off of us and I use insurance and self-direct a Roth IRA.
Best of luck!
Bottom line- there isn't a lot you can do with safe money to make over 5-6% on your money now....or you can learn to self-direct a Roth IRA and make good low risk investment choices outside of Wall Street( real estate, private lending, secured leases with oil and gas, business loans, etc c..)
I know because I have been doing this for a few years.
Personally, our banking system is making tons of money off of us and I use insurance and self-direct a Roth IRA.
Best of luck!
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