{ "media_type": "text", "post_content": "Hey guys- what are some high yield savings account you recommend? Looking to put 8-15k aside.", "post_id": "616855da9fc9a8002c10a51b", "reply_count": 21, "vote_count": 3, "bowl_id": "553769a790f5eebe1d2a0f92", "bowl_name": "Finance" }

Hey guys- what are some high yield savings account you recommend? Looking to put 8-15k aside.

like
Posting as :
works at
You are currently posting as works at

Marcus by GS

like

And Capital One 360 Performance Savings

like

You have to put a fair amount of risk out to make any decent yields lately. BBB credit ratings, short term debts, debentures, that sort of thing. Not that it's an appropriate solution for all people, but Treasuries and safer debt instruments are not keeping up with inflation due to low federal interest rates. Unfortunately, it's not a straight-forward question, and there's a lot more to know to provide a suitable recommendation. The days of good CD rates, money market fund returns, and the like are gone and probably will be for a very long time.

like

FDIC is the most expensive insurance you can buy. Depending on your willingness to learn, staking stable coins in cryptocurrency. I think Binance is around 3.5% yield. You can get better but I like the larger bame brand exchanges that are regulated.

like

I get 8% with the winklevoss twins’ Gemini. Their stablecoin is offering that right now. They only loan to the 3rd party Genesis Global Trading, one of the top crypto asset companies

S&P 500?

like

I mean just have a 6 month expenses runway in savings. Everything else into the market, you are going to lose money on a FV basis to inflation at this time

like

Yotta maybe for FDIC insured. Slightly tiny higher+testing your luck. I can send you an invitation link so both of us can get free tickets if you’re interested in. Other cryptocurrency accounts 9% but you can be completely wiped out. No FDIC.

like

Can you point me in the right direction to learn more about Gemini / Genesis?

Convert to USDC and earn 10% for doing nothing. Total no brainier.

like

Ally Bank is a good savings account with Zelle for instant sending

like

I’ve put my cash with GUSD and use Gemini Earn

like

Thank you for all the suggestions- you all certainly gave me a lot of options to consider. For further clarity- this is my 6 month emergency stash so I do need this to be fairly liquid

like

For your 6 months of savings which I would size at 6 months of your cost of living, can be kept in savings. Frankly even putting it into /brokerage securities is still quasi liquid as you can sell them, they just settle around T+2 days so not instant liquid.

Just don’t…. Even at the highest yield savings account, still have to make up well over 2% to keep up with inflation, may as well drop into an index fund.

like

Voyager USDC returns 9%. And it's a stable coin. No brainer.

uplifting

The highest yield I have seen in FDIC insured savings account is like 0.2% right now. Are you looking for products that protect the principal?

Buy any top 10 Crypto right now and you will far exceed your expectations.

Marcus by GS or CapOne 360

Additional Posts

Marriott/SPG Rewards announcement day, more important than Apple events and Nike/Adidas shoe releases

like

Hi Fishes, Posting on behalf of my friend who is having offers from SLK : 25 ,DXC : 21 ,Cognizant: 19 YOE: 5 Tech: Salesforce Developer Please suggest if SLK is worth joining? How is the work culture and pressure? Is the quality of work good?

Anyone work for AppDynamics or have insights into the culture, pros and cons?

like

Deloitte 🐟 - Is the bonus structure the same for target MBA vs others in Consulting ?

like

I recently accepted an offer to join a firm next Fall. I was wondering if the firm would rescind my offer if I don’t complete my second major(not related to the job role/function) because I realized that I would have to overload in courses for my spring semester.

like

What is the compensation range for Senior Associate - Financial Services Guidewire in PWC with 3YOE

like

Talked w recruiter yesterday, wanted to schedule a phone interview for today/ tomorrow; they’d shoot me an email this AM. Haven’t heard back. Want to follow up but don’t want to bug. Email or no?

like

In this virtual time of interviewing, how is your interview space set up? Do you reference notes? If so, written down or on your laptop?

like

Need advice. I am currently working at a boutique strat consulting firm on the verge of being promoted. I am entering my MBA program next fall and have a great shot of being promoted before then (cont

like

Hi Guys How to maintain CPEs for multiple certification from same vendor. For example ISC 2 needs 40 CPE for CISSP and 30 CPE for CCSP in a year. Does anyone suggest a way to manage this easily?

like

When you roll off your project just in time for summer:

Post Photo
likefunnyuplifting

What's one amazing thing you've seen happen in your classroom or school recently? Share below! 👇

like

Starting to interview for full time positions- how irrational would it be to ask to work from home one-two days a week if hired?

likefunny

Any fish have opinions to share on moving to FCB in a Strategy Director role? Recruiter reached out. I wasn't necessarily looking but am now considering it...would love some culture, fit, WLB, etc., insights

like

@LA creatives: what’s your guess at a CD salary at a small digital/social agency (creative department of about 25 people). I’ll start: $240k?

Which CPG company: - pays the most - has the best culture - promotes or value the most ex consultants - has the best name/reputation (The answer might very well be different for every single question but would love your thoughts)

like

Were you out at work or with your family first? Would also love to hear if it was your gender or your sexuality (or both) too.

like

Any thoughts on the Apple Global Supply Manager role? Comp, culture, etc

like

I’ve been on a few interviews from recruiters and by far they are the worst opportunities that have come may way…. I think it’s better off to do myself.

like

For those that have been job searching prior to Covid how difficult is the current hiring climate vs. the one prior to Covid?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal