Park Your Cash: Up To 6.25% APY

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Are you looking for a safe and easy way to park your cash and earn some interest? Do you want to know the pros and cons of different options such as certificates of deposit, Treasuries, and high yield savings accounts? If so, then this video is for you!
In this video, I will explain what these three types of investments are, how they work, and what are their benefits and risks. I will also compare their interest rates, fees, liquidity, and tax implications. By the end of this video, you will have a better idea of which option suits your needs and goals best.
So, if you want to learn how to park your cash wisely and securely, then watch this video and don’t forget to like, share, and subscribe!

#bestcdaccounts #highyieldsavingsaccount #investing101 #investingforbeginners #passiveincome #wheretoparkcash #ibonds

𝐓𝐨𝐩 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬

00:00 - Intro
01:53 - Treasuries
06:21 - CDs
09:16 - High Interest Savings

🔥🔥🔥 𝐖𝐚𝐭𝐜𝐡 𝐍𝐞𝐱𝐭 🔥🔥🔥

LET'S CONNECT:

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All opinions expressed by Brian are solely provided as content. Do not treat any opinion by Brian as gospel that needs to be recreated. Brian is not a fiduciary or financial advisor. All financial topics are for illustration where the outcomes are not guaranteed or expected. There exists real risks in all forms of investment, so do your homework and make your own decisions.

[BusinessWithBrian]

🚨 Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks:

Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol,
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Brian's Disclosure: I have not invested in Masterworks personally.

[Curbalnk]

5% annual return is easily thrown out there for illustrative purposes, but not so easy to achieve! Where do i put £500k cash reserve to keep cash safe for next 4 years? My concern is insolvency

[brianwhitehawker]

I’ve had majority of my holdings in tech stocks and I've had 25% increase in my portfolio, especially with Apple’s P/E (price to earnings ratio) but with much uncertainty now, my question is what stocks can be the next APPL in terms of growth for the next decade?

[MargaretWeir-swer]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my inheritance portfolio of about $2.5m. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

[YeseniaKatz]

Great stocks and I just bought in on them, but I'm interested in making a short-term profit, let's say turn a $150K to $ 500K in 6 months, I'd appreciate tips on how what stocks to buy to make this much profit.

[hersdera]

Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.

[Johnny-sehk]

I've been holding cash since 2020 pandemic crash, just went 'all in' and bought about $250k worth of ETFs & individual stocks at discount, hoping to average down on ailing companies in order to achieve my retirement goal of $1m, tho not sure of the economy right now.

[stanleyfujiwara]

The failure of Silicon Valley Bank has torn into global markets, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k portfolio, what’s the best way to take advantage of this bear market?

[kortyEdna]

Dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $600K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further.

[KevinW]

I was glad to see a new update for parking cash. I took a lot of my emergency savings away from a big bank where they were paying me a similar rate like you discussed. I have a high yield savings and 2 CDs currently that expire at different times.

[justwait]

That 7.7% current mortgage rate is actually the historical average (7.74%) from 1971 - current. The sub 5% rates are historically low with 2021 having the lowest mortgage rate in at least 60 years. The 1980s had mortgage rates above 10%. 7.7 isnt a "new" normal....it is the "normal". Rates have been so low in the past decade that its shifted our perception of what is historically normal.

[allisbookishadventures]

Capital one has a 5.3% CD for 10 months right now. I purchased 2 different CDs at that rate and have several other CDs maturing at different times. I also have high yield accounts with capital one at 4.3% APY.

[Vankel]

Just opened a few CD's to park some cash @ 5.29% . Better than nothing or minus on return.

[emamede]

Many neglect financial management, facing the consequences later. Dedicate time to profitable ventures like stocks and crypto. Optimistic investors are reaping significant rewards. thanks to Cheryl Atonal for her guidance in these fields, her proficiency is outstanding

[jessicamamikina]

Inflation has a greater impact on people's cost of living than a crashing stock or housing market,
resulting in an immediate and tangible effect. This explains the current high level of negative market
sentiment, and our need for assistance in surviving this challenging economy. The financial markets have
underperformed due to fears of inflation, causing stock and bond prices to plummet. Despite sounding basic,
consulting a financial advisor has enabled me to outperform the market and achieve a profit of $850, 000
since June 2022, making it the ideal approach to enter the financial markets today.

[tailzzzzz]

I bought a total of $7000 in 8-week t-bills last year, laddering them up in $1000 increments, just in case, and earned a whopping $60. I guess I misunderstood how they worked, but I don't think I'll ever loan the government money again.

[CryptoSurfer]

One con to high yield savings account that you didn’t mention is that some have a cap on how much you can withdraw per month. So if you’ve parked a bunch and you need to get it in a hurry, you may be stuck for a couple of months.

[daj]

I am loving the current yields after the 16 yrs of dried up interest rates. Have parked funds in treasury bills, short term notes, I bonds and CDS. It all adds up.

[AnnaMoore-]

Increasing tax rates are the reason I rolled over my 401k to a Roth. I don’t want to be 59 paying taxes on current income on withdrawals made from my retirement account.

[khadijasajid]

I started my own business this month and I am meeting with my first client today. I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87, 000 and sold it for $197, 000. My second home, acquired for $170, 000, was later sold for $320, 000, and my third property, purchased at $300, 000, fetched $589, 000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal.