It depends on your financial goals and risk tolerance. Investing $12,000 at 9% would yield a higher return in interest compared to placing the same amount in a savings account with a much lower interest rate. However, the risk associated with investing in higher interest investments can also be higher. It is essential to consider your investment goals, risk tolerance, and time horizon before making a decision. It may be recommended to speak with a financial advisor to determine the best investment option for your specific situation.
