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Updated over 4 years ago on . Most recent reply

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Lien Vuong
  • Real Estate Agent
  • Boston, MA
1,670
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2,281
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High Yield Savings Account

Lien Vuong
  • Real Estate Agent
  • Boston, MA
Posted

I often get this question from clients who are saving for their down payment and other reserve accounts while they’re looking for the property.

What do I do with the money in the meantime? 

Apart from putting it in a regular savings account (now getting .025-.050%) or a bond, there hasn’t been many secure options. I just discovered T-Mobile Money which is offering 4% for the first $3000 and 1% for the remaining balance! 

https://www.t-mobilemoney.com/...

That’s the link for your reference! Happy investing y’all! 

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The Elle Group
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