Loud_Vermicelli9128 t1_jdfnry7 wrote
Online savings account. Money is insured to $250,000 and currently get 3+% interest a month. Doesn’t get much safer than that.
[deleted] t1_jdfynud wrote
[removed]
SuccessfulManifests OP t1_jdfokkt wrote
Sorry I'm confused. What do you mean by this?
[deleted] t1_jdfrqqk wrote
Pretty much telling you get a job and put your money in a savings account provided by a bank or credit union. It’s a “safe” bet.
At the end of the day, what you’re asking is not possible.
Every possible route to building wealth requires a level of risk. This person is telling you the safest way to make money is earn a living a put those earnings in a savings account (bank or credit union)
It’s safe because the risk is trusting a bank will A.) have your money when you ask for it B.) Add 3% of what you save to your account every month And C.) the federal reserve will bail them out if they don’t have your money, and compensate your money, as long as you didn’t save more that $250,000
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