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Parking money for newer rig with better interest rate


trostberg

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I am moving money around as I look for a newer RV. I have a Discover Bank savings account that has 1% interest rate. Is there anything where the principle is protected that can make a better rate. Hope to find a newer used one I like and can afford sometime in 2016.

 

I remember when CDs made a better rate but nothing these days.

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Lets see. Stock market going down overall and even most days. If interest rates rise, bond funds or bonds will drop in price. If you cAn get one percent without the principle dropping lots of luck. , A hole in the back yard is a safe bet.

Right now, a lot of things are lower than their value but who knows when markets (all of them) will rise.

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