
Lately, investors have many options to boost their savings. A few of the best investments that offer competitive returns and no risk to the principal include certificates of deposit (CDs), high-yield savings accounts, and Treasury bills (T-bills).
T-bills have been a popular option lately thanks to their attractive returns in light of rate hikes by the Federal Reserve. High-yield savings accounts also currently offer rates 10 to 20 times higher than traditional savings accounts while CD rates remain high for now.