Better source of funds Savings vs Bonds?
by admin ~ October 25th, 2009 . Filed under: Personal Finance .
Jason L asked:
I’ve come across a situation where I need a lump some of money to pay for something.
The situation is below, trying to determine where it will be pulled from:
There is a lot in savings at a low interest rate of 1%
Or Bonds with low cash but are locked at 8% and have matured 10 yrs already.
I’ve come across a situation where I need a lump some of money to pay for something.
The situation is below, trying to determine where it will be pulled from:
There is a lot in savings at a low interest rate of 1%
Or Bonds with low cash but are locked at 8% and have matured 10 yrs already.
Which is the better source to pull from that I will be better off in the long run and future?
Tracey Mcgurl
