The question arises, of course, about where the
best place is to put that cash. Our banks are where we think of
first-opening a savings account that will yield interest and where
the money will grow. However, it's good to do some shopping around.
Some bank savings accounts don't have very good terms at all-the
rate of return may be low and the fees high. However, the matter
of safety is worth considering, and sometimes the safest place to
have one's money is in a local bank where you already have other
accounts. Your bank will probably have an investment officer who
can help you think through this question and arrive at an answer
that is best for you.
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