Quote:
Originally Posted by SAllen2556
It's just easier to take a chance on something like baseball cards right now because....what the hell. I'm not gonna earn money putting it in the bank. If you have cash, what's the point of buying a 6 month cd? Interest rates on savings accounts are basically zero, and have been for years. Interest rates on Ty Cobb and Babe Ruth > 0.
....until the next MLB work stoppage, that is.
People are also buying classic pickup trucks right now too. Unfortunately, I don't have enough room in my garage. I wonder how coins are doing?
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Sure, at your local bank they will likely pay you near 0%.
You can get ~2.4% for a 6 month CD at a place like Schwab, Citi etc. Keeps up with inflation at least.