As interest rates have risen, so too have discussions of high-yield savings accounts and investment vehicles.
Offering perspective on this trend, Curi RMB Capital wealth advisor Janelle McCreary was recently spotlighted in a CBS News Moneywatch article talking about how these accounts may be impacted if interest rates start to fall. McCreary offered thoughts on some alternatives to high-yield savings accounts, as well as the importance of diversified, low-cost investment portfolio.
"High-yield savings accounts are generally not recommended as a one-and-done investment solution, but their historically high interest rates over the past several months have been a welcome source for generating low-risk investment returns," she noted in the article.
For more information about investment and savings vehicles that fit your situation and financial goals, reach out to your Curi RMB Capital advisor.
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