capnminus
@capnminus@lemmy.world
- Comment on I got the money saved in my mansions safe. 2 months ago:
No one has increased their wealth because of savings account percentages.
Agreed, but we’re talking about having emergency funds that requires high liquidity, and putting them in HYSA, not your typical 0.5% bank savins account. You really wouldn’t want to tie your emergency funds to the stock market as the market is volatile in the short term, and you pose a real risk of needing to withdraw funds during a downturn.
If that’s where the majority of your funds are located, you’re wasting the money’s potential.
We’re just talking about emergency funds, not an entire portfolio.
Agreed with the rest of your points, though not sure where they come from.
- Comment on I got the money saved in my mansions safe. 2 months ago:
that’s what high yield savings accounts are for
- Comment on Anon has bees 10 months ago:
later, virgins
- Comment on (Re)Caption this. 11 months ago:
The caption is already perfect
- Comment on Me trying to convince my friends to join Lemmy 1 year ago:
My friends use instagram, the don’t know wtf reddit is lol