@humphreytalks: High Yield Savings Accounts currently pay between 4-5% APY on your savings, and operate like normal savings accounts. Most online banks are able to offer you this because they have no overhead when it comes to brick-and-mortar location, and they are also trying to compete against the big banks of the world for your deposits. HYSAs are FDIC insured, and liquid. Take advantage while the rates are high, because if interest rates come down then so will the yields.
What they said is nonsense. There’s no rate cut in this year.
2024-06-27 16:15:39
153
seastone50 :
Would you have any suggestions what to do with the money holding in a high yield savings if those rates plummet?
2024-06-27 17:28:20
5
b :
I love Wealthfront! 🥰
2024-06-27 15:59:07
68
LeffJ :
Betterment has no fees and 5% interest
2024-06-27 21:49:24
20
jnkluv2travel :
Oh no!! I currently use CIT bank
2024-06-27 22:17:00
2
ediaz209 :
Can the raise in inflation be caused from corporations price gouging?
2024-06-27 16:06:19
10
Lawrence Jaramillo :
I don’t ever see Robinhood on any of these type of videos. Any particular reason?
2024-06-27 18:12:32
6
Dr T :
If you wanna take advantage, buy a 1-2 yr treasury notes/ bonds. You will lock-in around 5%. You can either sell it later after the rate cut or hold it to maturity!
2024-06-27 16:16:07
5
Justus :
Do you need direct deposit for all of them ?
2024-06-27 19:36:48
5
Kaibil :
Do you pay taxes on interest earnings?
2024-07-03 06:20:54
4
Daynethree :
Marcus and Credit Karma are good ones
2024-06-27 19:26:09
2
user60654279643 :
I personally like Marcus! currently getting 5.5% with a referral bonus (normally 4.4%)
2024-07-01 17:50:29
15
bro_why_tho_ :
How are money market rates affected by the fed?
2024-06-27 20:17:26
8
user6193450740581 :
I put my cash in TBIL which pays 5.5%
2024-06-27 20:07:33
4
Leo Samuelson :
4.75 on Personal Capital, no minimum
2024-06-27 21:26:00
7
caramelcreamer97 :
What about the lending club?
2024-07-03 10:09:41
4
Bibek Adhikari :
I have Cit bank
5.05%
Excellent
2024-07-09 18:41:39
4
William tfs :
Some crypto company’s give u 10 back on us based coins like usdt or usdc a one for 1
2024-06-27 17:35:17
1
Jessiehuang1993 :
Can you tell me a it about CD saving?
2024-06-27 18:31:19
1
Eden A. :
I have IvyBank at 5.3%
2024-06-27 16:21:20
1
Christopher Russell :
Ally at 4.2% and PNC just jumped last month to 5% 👌
2024-06-27 22:38:39
4
Chinney :
I use SoFi. It's great. The user experience is good and they make it convenient for you to consolidate your financial info in 1 place.
2024-06-27 23:02:21
23
Phil6137 :
The first time they lower rates it will be like a flood gate with all the pent up demand and strong economy. They need more time and higher rates
2024-06-27 22:28:07
1
Karen Cone :
BMO Alto is 5.1%
2024-06-28 04:53:15
4
cantu666 :
4.5 with Goldman with my Apple Card. Soooo worth it
2024-06-27 23:33:24
3
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