My current bank interest is at 3.75%, deduct inflation and tax on interest and we get somewhere near zero or negative - it is not losing badly but it is not ideal. It seems inflation is on the way down, but so are interest rates. It seems this is a better time to be in debt than have spare cash. I am in the process of canvassing options.
I realize there is no best answer, but if you had about that much in a bank account what would you personally do and why?
Any responses are appreciated.