Plans in 2022
November 4, 2022
High-yield savings accounts
A high-yield online savings account pays you interest on your cash balance.
Short-term government bond funds
Government bond funds are mutual funds or ETFs that invest in debt securities issued by the U.S. government and its agencies.
Short-term certificates of deposit
Certificates of deposit, or CDs, are issued by banks and generally offer a higher interest rate than savings accounts.
Series I bonds
The U.S. Treasury issues savings bonds for individual investors, and an increasingly popular option in 2022 is the Series I bond.
Short-term corporate bond funds
Corporations sometimes raise money by issuing bonds to investors, and these can be packaged into bond funds that own bonds issued by potentially hundreds of corporations.
Rental housing can be a great investment if you have the willingness to manage your own properties.
S&P 500 index funds
The fund is based on about five hundred of the largest American companies, meaning it comprises many of the most successful companies in the world.
Cryptocurrency is a kind of digital electronic-only currency that is intended to act as a medium of exchange.