Natalie Colley Quoted by CNN on Where to Maximize Savings Returns During High Rates
Don’t chase yield
Natalie Colley, Lead Advisor at Francis Financial, was recently quoted by CNN on where to get the best returns on your savings when rates are high.
As attractive as many savings rates are today, they are no substitute for the long-term returns you can earn in a diversified investment portfolio of stocks, bonds and other assets.
Colley’s advice: Find one or two high-yield instruments for your current savings to lock in today’s attractive rates. “Keep it simple,” she said. “[But] don’t take money out of your portfolio to chase yield.”