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Currently “high yield” savings accounts have negative interest rates. So not much help compared to putting everything in the market and hoping there isn’t a maj
by boublepop 5y ago
Currently “high yield” savings accounts have negative interest rates. So not much help compared to putting everything in the market and hoping there isn’t a major crash.
- javagram 5y agoReal negative but still nominally positive and guaranteed never to go down, that’s a big difference from putting all your money in the stock market. Were inflation to be sustained it’s likely HYSA interest rates will go back up too - that’s the general historic trend.