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Lv 7
? asked in Business & FinanceInvesting · 9 months ago

What’s the best interest rate you can get from a no risk source?

And what would that source be. TD Ameritrade has offered 1.6 percent. 

5 Answers

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  • 9 months ago
    Favorite Answer

    You should be able to get a better rate than that. 

    Ally is offering 1.7%

    Here is a list with the pros and cons of the accounts.

    https://www.bankrate.com/banking/savings/rates/

  • 9 months ago

    Generally the most risk free investments are considered to be those offered by the United States government.  As of yesterday the highest rate offered was 2.31% on 30 year treasury securities.

  • 9 months ago

    There is nothing that is no risk.  Even the most protected investment has inflation risk to deal with.  All these savings vehicles at under 2% are barely exceeding the inflation rate so your not gaining any real purchasing power. Your best off putting funds for short term investment goals in a convenient savings account (rather than worrying about an 0.1% difference) and spend your efforts on your long term investments which should be in a diversified portfolio including equities so you can exceed the inflation rate. 

  • 9 months ago

    1.75% APR from American Express Personal Savings.

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  • DON W
    Lv 7
    9 months ago

    Some banks and credit unions are offering Certificates of Deposit earning over 2% interest.

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