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re: Saving for Boat Purchase

Posted on 12/9/18 at 11:04 am to
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41940 posts
Posted on 12/9/18 at 11:04 am to
Not that it means anything to the question at hand, but I tournament fish. I’ll fish about 30 weekends a year. A handful of those trips will be multi day trips. So yes, I get significant use out of the boat which is why I’m tired of used ones and want a new one.

I’ll ask my local bank about a money market account this week. Looks like 2% interest is about the best you can expect.
Posted by XanderCrews
Member since Mar 2009
775 posts
Posted on 12/9/18 at 11:35 am to
(no message)
This post was edited on 12/21/21 at 11:42 am
Posted by lsujro
north of the wall
Member since Jul 2007
3954 posts
Posted on 12/10/18 at 11:13 am to
quote:

Looks like 2% interest is about the best you can expect.


there are several small banks in my market with ~4% interest on a checking account if you use it actively (swipe your card, have direct deposit). max amount seems to vary between about $15k - $25k. check websites for your smaller local banks.
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