/biz/ - Business & Finance

[Anonymous No.57635360]

What is the best high yield savings account?

[Anonymous No.57635370]

>>57635360
yourself

[Anonymous No.57635390]

>>57635360
Institute for savings. But I have a 5.5 percent CD for a year. I make 500 a month simply by existing. I have 30k in the stock market because it’s a bad idea to risk all your life savings

[Anonymous No.57635427]

>>57635360
T bills. Liquid money? Nah you dont need that.

[Anonymous No.57635434]

>>57635360
I use VUSXX on vanguard, it's a money market fund
5.29% and it's mostly (80% or so when I last checked) free from state tax, so it can be a good choice if you live in a state that has income tax.
Fidelity has something similar, I think the yield is a bit lower, but you can get a debit card/checkbook so it's about as accessible as a regular HYSA

[Anonymous No.57635451]

>>57635360

Bitcoin anon.

[Anonymous No.57635463]

>>57635434
You can use this to figure what money market fund is best for gains based on where you live

https://docs.google.com/spreadsheets/d/1vI0YtkN4MEiHvL042w7AocEjyuQ44bMP6RgZqppiFRA/edit?usp=sharing

>>57635451
Not pumping your bags

[Anonymous No.57635544]

>>57635463
>https://docs.google.com/spreadsheets/d/1vI0YtkN4MEiHvL042w7AocEjyuQ44bMP6RgZqppiFRA/edit?usp=sharing
How do I use this

[Anonymous No.57635550]

>>57635390
You're not making 500 a month you're losing 500 less gains if you put the money in real investments

[Anonymous No.57635651]

>>57635550
Im making 500 a month guaranteed anon. With no risk. I’m risking 30k because I can probably get a better return. Why risk everything like this poor degenerate.

[Anonymous No.57635670]

>>57635427
This. Better to just go all in on t-bills
>but I need muh heckin emergency fund!!
That’s what your parents are for and that’s what credit cards are for