Question

In which situation would a savings bond be the best investment to earn interest?


saving to open a business in ten years

saving for car repairs in one year

saving for home remodeling in six years

saving to pay a tax bill in four months

Answer 1

Saving for home remodeling in six years. Not only we get interest from the savings but possibly to earn more income from Real Estate risk in value

Answer 2

if you are putting aside a chunk of money to purchase a house in five years