4 reasons to keep your cash in a high-yield savings account - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Money may not grow quickly in a savings account, but modest interest rates and strong protections for your cash make high-yield savings accounts ideal for many situations

Cash is safe and insured

Banks are inherently a safe place to keep your money in general. To give you added security, the US government insures bank accounts up to $250,000 per depositor per bank. That means you could have

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is a very good article, I did some research and found some really high yield savings accounts with one being 6.17% capped at 1k deposit but the other ones are capped a bit higher. I hope this is useful :)

Or...you could purchase USDC or GUSD (stable coins) and earn 8.6% on BlockFi. It's stable, liquid, and beats any traditional bank account hands down. Be better .

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Robinhood issues warning to raise cash buffers on widely-held stocks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. good 🎃
Source: BusinessInsider - 🏆 729. / 51 Read more »

NY Post insiders gripe about Biden coverage - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Hunter Biden sold access to his father for TENS OF MILLIONS of $$$$$ and ya, I would be upset as liberal at NY Post if my candidate was a corrupt fucking pig Trash News When no one will ask or answer the hard but obvious questions it lends credence to the story.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business groups ask Trump to withdraw D&I training executive order - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Ban forceful communist indoctrination. Diversity sensitivity training is one thing. Critical race theory is another and has no place in society.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Cash Isn’t Trash Compared to Stocks and BondsThe risks of a sharp selloff in both stocks and bonds is high at the same time, making cash an attractive haven.
Source: WSJ - 🏆 98. / 63 Read more »

Democrats leading in early vote, but Republicans can still catch up - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No. They won’t. Trump going to lose bigly So what’s your point? 19 days to go! Don’t give up or relax. Give time or money or both. Sprint through the tape. REGISTER AND VOTE BLUE.
Source: BusinessInsider - 🏆 729. / 51 Read more »