asked 132k views
2 votes
In which situation would a savings bond be the best investment to earn interest?

if you need access to your cash quickly
if you are saving each month for a new car
if you are putting aside a chunk of money to purchase a house in five years
if you have a large amount of money to save at one time

asked
User Nyema
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2 Answers

0 votes
For the answer to the question above, the best savings bond and the best investment to earn an interest is that if
you are putting aside a chunk of money to purchase a house in five years. Real Estate is a good business. It can give you a good investment in the U.S.
answered
User Prajul
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8.9k points
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In which situation would a savings bond be the best investment to earn interest? You are putting aside a chink of money to purchase a house in 5 years. If you are able to put a chunk of money in a savings bond for a set amount of years, that will allow you to grow your funds and interest on your return at a faster rate. if you need the money quickly it is not smart to put it in a savings bond as some have a limit on how long the funds need to be in there and others will charge you if you remove funds early.
answered
User Hyuck Kang
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8.1k points
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