4 Best Places To Park Your Cash In 2024 | Up To 6% APY
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This video consists of The
This video consists of The 4 Best Places To Park Your Cash In 2024 that could get you up to a 6% yield on your cash. This detailed review of the best places to park your cash will help guide you on the best places to put your cash in the short term safely. - Enjoy!
SoFi High Yield Savings Account ($325 Cash Bonus): https://dannysully.link/SoFi
Free Savings Account Mastersheet: https://dannysully.link/SavingsMaster...
Get Started on CDs Through Raisin: https://dannysully.link/Raisin
Sign Up Bonus Offers:
💎 SoFi High Yield Savings Account ($325 Cash Bonus): https://dannysully.link/SoFi
📈 Get $60+ Free Stock on Webull: https://dannysully.link/Webull
📊 Get $100 Free Stock on M1 Finance (Min. Deposit: $10,000): https://dannysully.link/M1Finance
💰 Get $200 Bonus on Coinbase: https://dannysully.link/Coinbase
Resources:
🗞️ My Newsletter: https://dannysully.link/Newsletter
🐦 Twitter - Twitter: DannySully_
📝 LinkedIn - LinkedIn: danny-sully
🌐 My Website - https://www.dannysully.com/
📚 Recommended Books - https://dannysully.link/Books
📸 My Recording Equipment - https://dannysully.link/YouTubeSetup
✅ My Exclusive 1:1 Growth Coaching: https://www.dannysully.com/sullygrowt...
🎥 Relevant YouTube Videos 🎥
The 6 BEST High Yield Savings Account...
High Yield Savings Accounts For Begin...
Money Market Funds For Beginners | Th...
Treasury Bills For Beginners: The Ult...
How To Buy Treasury Bills For Beginne...
⏰ Timestamps ⏰
00:00 Intro
00:45 High Yield Savings Accounts
04:10 Money Market Funds
06:31 T-Bills
09:03 CDs
10:58 Conclusion
1. High Yield Savings Accounts
A high-yield savings account offers excellent liquidity and security for your cash while earning interest. It can be a wise choice if you anticipate making a purchase within the next few months or require an emergency fund. The rates range from 4-5.50% APY currently.
2. Money Market Funds
This is beneficial for your cash within an investment portfolio as it enables the money to continue earning interest rather than remaining idle. Currently at a rate of 4.96% as shown on Fidelity... (subject to changes based on market conditions
3. Treasury Bills
This provides excellent short-term security within a position offering a fixed rate for a specified duration. Rates are currently between 5-5.50%, and they are exempt from state and local taxes.
4. CDs
Allow you to deposit money with a bank or credit union for a fixed period of time at a fixed interest rate. Currently, there are two options that can get you a 6.00% APY.
🔔 Don't forget to subscribe with notifications on and hit that like button!
Some of the links in this description are affiliate links that I get a commission from. Any commission helps support my channel and I would greatly appreciate it!
Disclaimer: This content is for entertainment purposes only. The information provided in this video does not, and is not intended to, constitute legal, tax or financial advice; instead, all information, content, and materials available on this video and on this channel are for general informational purposes only. The presenter is not an attorney, accountant or financial advisor. Viewers of this video should contact their attorney, accountant or financial advisor to obtain advice with respect to any particular legal, tax or financial matter.
SoFi High Yield Savings Account ($325 Cash Bonus): https://dannysully.link/SoFi
Free Savings Account Mastersheet: https://dannysully.link/SavingsMaster...
Get Started on CDs Through Raisin: https://dannysully.link/Raisin
Sign Up Bonus Offers:
💎 SoFi High Yield Savings Account ($325 Cash Bonus): https://dannysully.link/SoFi
📈 Get $60+ Free Stock on Webull: https://dannysully.link/Webull
📊 Get $100 Free Stock on M1 Finance (Min. Deposit: $10,000): https://dannysully.link/M1Finance
💰 Get $200 Bonus on Coinbase: https://dannysully.link/Coinbase
Resources:
🗞️ My Newsletter: https://dannysully.link/Newsletter
🐦 Twitter - Twitter: DannySully_
📝 LinkedIn - LinkedIn: danny-sully
🌐 My Website - https://www.dannysully.com/
📚 Recommended Books - https://dannysully.link/Books
📸 My Recording Equipment - https://dannysully.link/YouTubeSetup
✅ My Exclusive 1:1 Growth Coaching: https://www.dannysully.com/sullygrowt...
🎥 Relevant YouTube Videos 🎥
The 6 BEST High Yield Savings Account...
High Yield Savings Accounts For Begin...
Money Market Funds For Beginners | Th...
Treasury Bills For Beginners: The Ult...
How To Buy Treasury Bills For Beginne...
⏰ Timestamps ⏰
00:00 Intro
00:45 High Yield Savings Accounts
04:10 Money Market Funds
06:31 T-Bills
09:03 CDs
10:58 Conclusion
1. High Yield Savings Accounts
A high-yield savings account offers excellent liquidity and security for your cash while earning interest. It can be a wise choice if you anticipate making a purchase within the next few months or require an emergency fund. The rates range from 4-5.50% APY currently.
2. Money Market Funds
This is beneficial for your cash within an investment portfolio as it enables the money to continue earning interest rather than remaining idle. Currently at a rate of 4.96% as shown on Fidelity... (subject to changes based on market conditions
3. Treasury Bills
This provides excellent short-term security within a position offering a fixed rate for a specified duration. Rates are currently between 5-5.50%, and they are exempt from state and local taxes.
4. CDs
Allow you to deposit money with a bank or credit union for a fixed period of time at a fixed interest rate. Currently, there are two options that can get you a 6.00% APY.
🔔 Don't forget to subscribe with notifications on and hit that like button!
Some of the links in this description are affiliate links that I get a commission from. Any commission helps support my channel and I would greatly appreciate it!
Disclaimer: This content is for entertainment purposes only. The information provided in this video does not, and is not intended to, constitute legal, tax or financial advice; instead, all information, content, and materials available on this video and on this channel are for general informational purposes only. The presenter is not an attorney, accountant or financial advisor. Viewers of this video should contact their attorney, accountant or financial advisor to obtain advice with respect to any particular legal, tax or financial matter.
4 ماه پیش
در تاریخ 1403/01/12 منتشر شده
است.
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