Stashing Cash In a Low-Interest World

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Many Americans are saving more than ever, but low interest rates raise the question: Where is the best place to store cash?

Many Americans are saving more than ever before during the pandemic, but the Federal Reserve’s long-term low rates have many wondering: Where is the best place to store cash?

“We’re already seeing many of these major online banks hit all-time [interest rate] lows,” said Ken Tumin, founder and editor of DepositAccounts.com. “This shows you how severe this new environment is, how it suppresses savings accounts.”

 

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juliaccarpenter Guys, buy Bitcoin. It could not be more simple than that.

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juliaccarpenter People need a little more good news now.

Garbage article.

Bitcoin

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In this climate!? - in a hooker's handbag.

BTC.

Investors

btc

In bitcoin

In New Zealand?

Under matress

Nikola calls

Under you mattress!

why would you want to store cash?

Easy, bitcoin

Gold. Duh.

Some options: a very nice briefcase, a sack with a big dollar sign on it (may be adapted for other currencies), under mattress, in a hole in the wall that’s then plastered and painted over, in a hollowed out book, etc.

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In crypto

nice

I keep it stashed at home... that's it!

S&P500 of course. Imagine “stashing cash” here.

Gonna invest to my local drug dealer

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