Nicole Webb CFP®, Senior Vice President and Financial Advisor at Wealth Enhancement Group was featured by Fox Business in “Americans Should Invest at Any Age: It’s Never Too Late.”
Webb noted one of the simplest ways to invest is by looking to improve the yield on savings given the federal funds rate. The benchmark interest rate used by the Federal Reserve that influences banks' interest rates as well as those on mortgages and credit cards is above 5%. That level is higher than what many regular checking or savings accounts provide.
For more insight, access the full article authored by Eric Revell here.