I have some money in a checking account
The bank keeps calling wanting me to put the money in a registered savings account. The interest is negligible. What is a good investment?
whowasthatmaskedman · 70-79, MVIP
The best investment is to pay down debt if you have any... Secondly, if you do decide to place the money in any kind of investment account, get a detailed list of the fees. You may well find they more than cancel out your interest. The checking account could be your better option... Rule 1 of dealing with banks. If they recommend something, there is something in it for them.😷