Podcast by The Motley Fool
Source
The Federal Reserve has raised interest rates 10 times since 2022. But you probably wouldn’t notice those hikes in a traditional savings account. Dylan Lewis caught up with Robert Brokamp to discuss: – How banks benefit from your inertia, and how that costs you – Ideas for managing cash for the next few weeks, months, and years – Money market funds paying more than 4%, and the caveats to understand before utilizing those accounts – Who can benefit from I Bonds and less-liquid savings vehicles Website mentioned: https://www.fool.com/the-ascent/ Host: Dylan Lewis Guest: Robert Brokamp Producer: Ricky Mulvey Engineer: Rick Engdahl