Originally Posted by
tomato coupe
You’re the one who suggested putting the money in a savings account - maybe you need a new financial advisor.
True, he did say savings account. Where after a year, its buying power will have decreased due to inflation and gained none at all due to negligible savings interest paid.
I still cannot believe that the OP did not give his son's budget for the wheelset. This would be like asking for advice from an auto enthusiast discussion group for a new touring sedan. Which one should I buy?