what would u do ?

[higherdesire]

A bank is one of the dumbest places to keep a lot of money at such a young age (if you want it to grow respectably). Even in Schwabs money market account it is barely stagnant. Also activity on a credit card up and down during the course of one month serves no purpose for your credit score. the high credit to balance ration will affect it. the only way activity helps is if you are a corperation and are working a padex score.

BTW, if you do put it in a bank, don't keep more than 250k as it will not be insured.

Good luck.

[jnewton86]

A bank is one of the dumbest places to keep a lot of money at such a young age (if you want it to grow respectably). Even in Schwabs money market account it is barely stagnant. Also activity on a credit card up and down during the course of one month serves no purpose for your credit score. the high credit to balance ration will affect it. the only way activity helps is if you are a corperation and are working a padex score.

BTW, if you do put it in a bank, don't keep more than 250k as it will not be insured.

Good luck.

i agree, i want double digit returns, interest bearing savings accounts and cd's aren't paying jack right now. i sent you a pm higherdesire, thanks for the advice