4 ms·
It is amazing to me that people don't move their money around chasing yield more. It is super easy to open accounts at multiple banks and do this, without any
by latchkey 3y ago
It is amazing to me that people don't move their money around chasing yield more.
It is super easy to open accounts at multiple banks and do this, without any impact on credit scores.
4.15% is actually a pretty low rate these days. Easy enough to get 5.15% on money market accounts now.
Before you say that most American's don't have savings... this is $10b sitting in Apple's bank account, so it must be coming from somewhere.
- frankacter 3y agoCan you recommend some FDIC insured options with 5.15%?
- latchkey 3y agohttps://www.viobank.com/cornerstone-money-market-savings https://www.viobank.com/cornerstone-money-market-savings
- pestatije 3y ago$10B / 333M = $30 per head, looks like most American's of the US don't have savings
- latchkey 3y agoI'd start with slightly better numbers... unless you count the savings accounts of 3 year olds too. https://www.google.com/search?q=how+many+people+in+the+united+states+over+18 https://www.google.com/search?q=how+many+people+in+the+unite...