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August 2023
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One of the key differences between high yield savings accounts is the frequency of compounding interest. Some compound daily, some monthly. In this video I illustrate why, all things equal, daily compounding is better than monthly compounding as we compare the Ally and Capital One 360 high yield savings. The math will probably surprise you!...
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Fed Takes The Punch Bowl Away
THE PUNCH BOWL HAS BEEN REMOVED! Former Federal Reserve chair William McChesney Martin famously said the task of the Fed is, “to take away the punch bowl just as the party gets going.” Look at how the latest stock market peak in early 2022 perfectly coincides with the lift-off of short-term interest rates (which the...
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3 Easy Ways To Earn 5% On Your Cash In 2023
Cash is king in 2023! Short-term interest rates are at the HIGHEST levels in 22 years. Yet, a recent study suggested nearly 70% of Americans haven’t done anything to take advantage of the big move. In this video I’ll show you 3 EASY ways to earn around 5% on your cash with virtually no risk....
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