Experiment Do you use a HYSA? High interest savings acc

[Transcended Trucel]

These pay 4% interest across the board atm. Well worth holding 6 months worth of emergency savings in. Enough to surpass inflation.

 

[Transcended Trucel]

@proudweeb

 

[Sleepycell]

I use none

 

[Transcended Trucel]

I use none

all the cash under the bed? based

 

[Transcended Trucel]

@WizardofSoda @based_meme @gymletethnicel @Copexodius Maximus

 

[Sleepycell]

all the cash under the bed? based

Yea i have everything in a little shoebox under my bed I dont trust jewish banks with my money.

 

[based_meme]

No, I don't use a savings account.

 

[Transcended Trucel]

No, I don't use a savings account.

checkings and stocks/401k/bonds maxxed?

 

[NirvanaFan1988]

I don't even have money jfl

 

[Copexodius Maximus]

These pay 4% interest across the board atm. Well worth holding 6 months worth of emergency savings in. Enough to surpass inflation.

In Canada we have something called a Tax Free Savings Account, where you invest in any stocks. Get dividends based off it with 0 taxes. The rest goes into tech stocks, s&p500, etc.

 

[based_meme]

checkings and stocks/401k/bonds maxxed?

Let's just say I'm ready to survive a nuclear holocaust. Literally.

 

[RandomGuy]

In a bull market it is easy to make 4% in just a few days. Utility stocks pay high dividend, so I put money there when not trading much.

 

[RandomGuy]

I also do well with (STIP). Load up when the ETF is below $97, plus it pays monthly.


View: https://youtu.be/yrWKPdOzxro


STIP is considered a low-cost investment option, with an expense ratio of 0.03%. The ETF is traded on the NYSE Arca exchange and can be bought and sold like a stock during market hours.

 

[proudweeb]

These pay 4% interest across the board atm. Well worth holding 6 months worth of emergency savings in. Enough to surpass inflation.

I don't keep a ton in cash, just my 8 month emergency fund, so I just use checking. Wouldn't get a ton of interest off it. Plus they tax that interest at ordinary income (so could be 30% off the top for some people)

 

[fang]

I sit on cash like a nigger
Have it hidden in a vomit bag

 

[CrackingYs]

No just dump it all into stocks, and bitcoin.

Eg. Stock market yields 10% per year historically.

 

[Transcended Trucel]

I also do well with (STIP). Load up when the ETF is below $97, plus it pays monthly.


View: https://youtu.be/yrWKPdOzxro


STIP is considered a low-cost investment option, with an expense ratio of 0.03%. The ETF is traded on the NYSE Arca exchange and can be bought and sold like a stock during market hours.

I don't keep a ton in cash, just my 8 month emergency fund, so I just use checking. Wouldn't get a ton of interest off it. Plus they tax that interest at ordinary income (so could be 30% off the top for some people)

No just dump it all into stocks, and bitcoin.

Eg. Stock market yields 10% per year historically.

makes sense