In a high yield savings account you can keep putting in money. I worked a job this summer and had it hooked up to direct deposit. Now each month I’m earning interest on my paychecks from a few months ago.
I was going to say this is an advantage over the CD. Unless you have a large amount to put in the CD it's hardly worth it. But say you have $1000 to put in the savings and can add a $100 a month.
She should have just assumed that people were going to use the non-penalty CD to shorten the video. Or the other and explain what a non-penalty CD is. Anyways, I don’t think she explained how a High Yield Savings Acc is earning money slower. Did she? Both earn compounding interest. Not sure how the HYs is slower.
Very helpful and informative video. However, I would gently suggest that you slow down your speaking rate so that people that are not as familiar with all this terminology can absorb it more easily. Thank you for your information otherwise!
I genuinely mean it when I express my stress and concern regarding the market crash and high inflation, particularly in relation to my retirement. I have been experiencing losses for quite some time, and while some may argue that crises can present opportunities, I am feeling overwhelmed. However, I understand that investing is a long-term endeavor, and it is crucial to maintain focus on the bigger picture and the long run.
If you’re younger than 50, invest at least $50,000 aggressively in stocks. Diversify $100,000 into less aggressive investments. Deposit $50,000 into a HYSA to pay your bills. Buy a starter home with a very low mortgage and 15 year fixed APR. Match your employer’s 401K contribution. Contribute maximum to Roth IRA every year. Open HSA. Pay for your used $14,000 vehicle in cash. A trusted tax advisor is your friend! Never get married and certainly never breed!
Can I keep depositing money at a high yield account or is it only a one deposit until that term is over?
In a high yield savings account you can keep putting in money. I worked a job this summer and had it hooked up to direct deposit. Now each month I’m earning interest on my paychecks from a few months ago.
I was going to say this is an advantage over the CD. Unless you have a large amount to put in the CD it's hardly worth it. But say you have $1000 to put in the savings and can add a $100 a month.
Tremaine Lock
Botsford Lane
I do both. It works for me.
Great job! 🤓
Can you keep depositing on a non penalty cd?
No, but you can just open a 2nd one, 3rd one, etc.
Is this lady a robot? She sure sounds like one.
U just said the same thing over and over again….this video should be 30s😂
You can also buy a 1 month CD
Stark Estate
0178 Mayer Stravenue
She should have just assumed that people were going to use the non-penalty CD to shorten the video. Or the other and explain what a non-penalty CD is. Anyways, I don’t think she explained how a High Yield Savings Acc is earning money slower. Did she? Both earn compounding interest. Not sure how the HYs is slower.
Nice explanation.
Hard to watch. Vocal fry.
Raymond Expressway
Great video 👍🏼
Efrain Expressway
Elmira Motorway
Stroman Wells
Llewellyn Brook
Hoeger Orchard
Jacobs Mount
Deckow Forge
Kohler Isle
Cronin Camp
Giuseppe Corner
Morar Road
Very helpful and informative video. However, I would gently suggest that you slow down your speaking rate so that people that are not as familiar with all this terminology can absorb it more easily. Thank you for your information otherwise!
You can also use the settings to slow the video playback speed to 75%. I did this because I was multitasking and listening casually.
Hintz Avenue
Gorczany Highway
I genuinely mean it when I express my stress and concern regarding the market crash and high inflation, particularly in relation to my retirement. I have been experiencing losses for quite some time, and while some may argue that crises can present opportunities, I am feeling overwhelmed. However, I understand that investing is a long-term endeavor, and it is crucial to maintain focus on the bigger picture and the long run.
i have 200,000 live in nevada where do i keep it
If you’re younger than 50, invest at least $50,000 aggressively in stocks. Diversify $100,000 into less aggressive investments. Deposit $50,000 into a HYSA to pay your bills. Buy a starter home with a very low mortgage and 15 year fixed APR. Match your employer’s 401K contribution. Contribute maximum to Roth IRA every year. Open HSA. Pay for your used $14,000 vehicle in cash.
A trusted tax advisor is your friend!
Never get married and certainly never breed!
@@user-lv4ok9vo5ois this the key to life 😂
@@user-lv4ok9vo5o lol never get married never breed, this is definitely the blue print if you don't care about family
@@user-lv4ok9vo5o LMAO dont breed got me laughing
Altenwerth Mountain
Kamren Circles
Heathcote Dam