>>518713660
> 4.85% savings account
Interest on savings accounts is variable so if you had put money in it last year you would have received 4.85% interest for several months and now that money would only be earning 3.5%. So you didn’t miss out as much as it seems.
I bought a bunch of 4-5 year CDs and T-Notes last year when rates were high. Even those topped off at 4.5% or do because the issuers wanted to hedge against falls in rates. I’m still putting money in medium-term fixed rate savings instruments because rates are historically high.