Once upon a time, savings accounts were a decent investment option, but today they rarely keep up with inflation… what happened?
Inflation makes a difference. Savings accounts aren’t really a great place to grow your money, but they are a great place to put your money needed for short-term purchases, like vacations. The only way to earn a positive rate of return is going to involve some risk. A Bond Index Fund is a relatively safe way to grow your money.
