Three Places to Park Your Cash for the Best Return

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 10 February 2025

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Looking to maximize your cash? Solid yields are still available from high-yield savings accounts, CDs, and money-market funds. Wall Street Journal contributor Lori Ioannou joins host Ariana Aspuru to discuss how to determine the best option for you. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:32.7	Here's your money briefing for Monday, February 10th. I'm Mariana Aspuru for the Wall Street Journal.
0:40.6	If you're looking to get the best return on your cash, financial advisors say that there are
0:45.3	three places to maximize your money. Everybody's individual circumstances so unique to their
0:51.1	own needs and their own cash needs and portfolio needs.
0:55.9	Many people like to park their money in a high-yield savings account.
1:00.2	Of course, you get so much more for your money than just putting in a judicial savings
1:03.8	account.
1:05.1	And additionally, many people will put some money in money markets and a CD.
1:10.4	We talked with Wall Street Journal contributor Lori Ayano about how to know which one is right for you.
1:16.2	After the break.
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	...

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