What They Don’t Tell You About High Yield Savings Accounts. The truth about HYSA’s is there are pros and cons. Let’s talk about it LIVE.
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**Time Stamps**
0:00 intro
06:00 What is a High Yield Savings account?
08:55 Comparison of the latest HYSA’s
11:29 HYSA calculator interest rate growth
16:99 Why banks want your money in their HYSA
20:35 Fractional reserve banking
22:00 Fed Funds rate connection to HYSA’s
32:57 Pros of HYSA’s
36:49 Cons of HYSA’s
44:51 Why I like High Yield Savings Accounts
48:05 Things to compare when opening a HYSA
54:03 JP Morgan expansion article
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