I know the current interest rate is 7.12% and it’s expected to get to 9% or so on the first business day of May. Would it be smarter to wait until that interest rate change or should I invest now? I am having trouble understanding how the interest rate changes work.
I haven’t invested into series I savings bonds yet this year. This $10k isn’t an emergency fund, it’s just money sitting in my bank account losing value. I want to buy a house in 3-5 years so i don’t want to throw the money in the market.
Submitted April 16, 2022 at 11:52PM by choogerl https://ift.tt/rYa0wqc
