SHORT TERM SAVINGS
It’s relatively easy to save money for things like vacations and even used cars, but as price tags rise and time horizons push further into the future, it becomes harder to keep financial goals in perspective. The national savings rate isn’t as important as your personal savings rate. We’ve grown so accustomed to spending money that it really is time to take a second look at our budgets and start pulling in the reins a little bit. The question remains on how do you squeeze more money out of an already squeezed family budget? Or perhaps if you have a stash of cash sitting idle earning a tiny interest in a savings account, CD or a Bond. At SLIG we think this is a matter of determination and discipline. There aren’t many short term investment options that can earn you high yield returns with safety element to it. So what should you do? Well, let’s learn more about the available traditional short term investment options in comparison to SLIG’s short term savings account.
TRADITIONAL SHORT TERM OPTIONS
Traditional short-term savings investment vehicles have a time-honored place amongst banks and other financial institutions. These include government bonds, corporate bonds, savings accounts, money market, municipal bonds and many others. These products typically offer a low yield of between 1% to 5% in most cases and do not outpace the rate of inflation. You can learn more about these traditional choices and their current rates at: Bankrate.com
SLIG PROMISSORY NOTES
Promissory notes, unlike most of the short-term savings investment vehicles are safe and dependable. They offer better yield usually anywhere from 6 to 9% and are a great way to earn short term returns with yield starting from 6.26% to 9.52% on a 12 months contract. SLIG’s promissory notes have no liquidation fees or costs and backed with all of SLIG’s real estate assets and holdings. Connect with one of our Investor Relations Consultants team to learn more.
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