I know you’ve heard about interest rates and inflation by now. If you haven’t, you might just be under a rock!
These Fintech applications like Public, SoFi, M1, even Coinbase, can give you access to a high-yield cash account. These accounts are around 5.0% APY and up, even in the short term, it’s a better return than some other investments.
If you are having a tough time figuring out where to park your money, these accounts are perfect. Get the most for your money while you wait to place trades or wait for a market correction.
Right now I am taking part in Public’s high-yield cash account, and I love seeing the accrued interest. Why not put your money to work, all of your money!
Do you have a high-yield account you’re using? If so, with who?
Thrifty Investing 