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Brent - Investing On The Go!
Graham Stephan
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Comments by "Brent - Investing On The Go!" (@BrentInvesting) on "I found the MOST PROFITABLE Savings Accounts (It’s not Robinhood)" video.
Woot 1st Screenshot Share for Marcus lol. #Winning
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lol.... I'm right behind you hustler at 298,214 to go :-D
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@LifeofGEEOH If you deposit $1,000 into the account it will make $1.60 per month or ~$20.18 after 12 months of compounding that extra $1.71 per month. to get monthly pay it's 2% (2 / 12 = .16%) so, every month it's just 1,000 + .16% = $1,001.6 I have a spreadsheet avail free here you can use on my site, I think link will get blocked it i Link it tho.
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@LifeofGEEOH Here is my site, http://www.financial-investor.com/digital-products/ if you get the free high yield savings, you can make a copy of it in your google drive and enter your own data.
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Marcel Rodriguez if you live your live fully invested great, I have a family and run a business, so I need to keep reserves on the side so it makes since to keep 6+ months worth of cash uninvested. One day when you have a family or a business it will make since to you to keep money available for emergencies. You can’t just have everything invested hoping it maintains its value over the short term when you might need it for whatever reason.
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Marcus by goldman sacs also compounds daily, but you don't see it till your statement and like graham said, it's barely noticeable.
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