@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.

Humphrey Yang
Humphrey Yang
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Region: US
Thursday 27 June 2024 15:41:45 GMT
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hli0112
hli0112 :
What they said is nonsense. There’s no rate cut in this year.
2024-06-27 16:15:39
153
seastone50
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
www.onlinesupport.com
b :
I love Wealthfront! 🥰
2024-06-27 15:59:07
68
nonot_me_
LeffJ :
Betterment has no fees and 5% interest
2024-06-27 21:49:24
20
jnkluv2travel
jnkluv2travel :
Oh no!! I currently use CIT bank
2024-06-27 22:17:00
2
ediaz209
ediaz209 :
Can the raise in inflation be caused from corporations price gouging?
2024-06-27 16:06:19
10
lawrencejaramillo_11
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
drt9116
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
jbradfield
Justus :
Do you need direct deposit for all of them ?
2024-06-27 19:36:48
5
kaibil707
Kaibil :
Do you pay taxes on interest earnings?
2024-07-03 06:20:54
4
daynebartley
Daynethree :
Marcus and Credit Karma are good ones
2024-06-27 19:26:09
2
user8642346807532
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_
bro_why_tho_ :
How are money market rates affected by the fed?
2024-06-27 20:17:26
8
clementineconsumater
user6193450740581 :
I put my cash in TBIL which pays 5.5%
2024-06-27 20:07:33
4
leoskip34
Leo Samuelson :
4.75 on Personal Capital, no minimum
2024-06-27 21:26:00
7
caramelcreamer97
caramelcreamer97 :
What about the lending club?
2024-07-03 10:09:41
4
bibekadhikari034
Bibek Adhikari :
I have Cit bank 5.05% Excellent
2024-07-09 18:41:39
4
williamtfs
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
Jessiehuang1993 :
Can you tell me a it about CD saving?
2024-06-27 18:31:19
1
edenaxx
Eden A. :
I have IvyBank at 5.3%
2024-06-27 16:21:20
1
chris.russell00
Christopher Russell :
Ally at 4.2% and PNC just jumped last month to 5% 👌
2024-06-27 22:38:39
4
chinney83
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
philo34826
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
karencone
Karen Cone :
BMO Alto is 5.1%
2024-06-28 04:53:15
4
cantu666
cantu666 :
4.5 with Goldman with my Apple Card. Soooo worth it
2024-06-27 23:33:24
3
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