The Best Savings Accounts and Strategies For Your Cash NOW

With rates dropping we need a new plan for our money, so what are the best savings accounts, high yield cash sweep programs through investing brokerages, and other strategies we can use to get a good return on our cash?? 📗Easily learn all the essentials of stock market investing in a single afternoon: https://www.udemy.com/course/investingmasterclass/?referralCode=BEE5C6159005EDA7BE79 ⧉Join this channel to get access to special perks: https://www.youtube.com/channel/UCVaO3-9dDkesDFAFrvqvcFg/join ===== Services Worth Checking Out: Check out the Bond Account at Public Investing now: https://bit.ly/Brendan_Public 🐿Start investing with Acorns! Now get $20 when you use my invite link: https://www.acorns.com/brendan/ 📊Get 2-12 free stocks with WeBull after you make your first deposit! (The best app for getting free stocks. Remember, you MUST link your bank account or you get no free stocks!) https://www.webull.com/k/BrendanEvan 💡Make informed decisions with deep investing tools and research with Seeking Alpha (My subscribers get 20% off plus the first 7 days free!): https://www.sahg6dtr.com/3146C9P/R74QP/ (These are ALL affiliate links) ===== 📥Contact me here for business purposes: Brendan@brendanevan.com My new product review channel: https://www.youtube.com/channel/UCuSsA5BdYscuSPuebn4jHcQ My car review channel: https://www.youtube.com/@brendandrives ⏱Handy Timeline: 0:00 Intro 0:16 4 Topics for today 1:19 Part 1: Best savings accounts 2:56 Other banking products 4:33 Part 2: Best Brokerage Cash Sweep Programs 5:12 Acorns, Ally, and Betterment 6:32 Fidelity, Interactive Brokers and M1 Finance 8:41 Public, Robinhood, and SoFi 12:15 Vanguard, Wealthfront and WeBull 12:31 Part 3: Ways To Invest Cash To Keep It 15:19 part 4: Bond Account (this section is sponsored but I still think it's worth considering) 16:18 Next video 16:20 Secret #BrendanEvan Disclaimer: Any financial or investing-related topics discussed on this channel are not from a professional investment advisor and are not financial advice for you. This is for entertainment and inspirational purposes only. My opinions are not reflective of the companies mentioned in the video. Also please know that many of the links I have in video descriptions like this one are affiliate links which means I may be compensated by the company whom you do business with at no extra expense to you. Thank you for your support! Updated Acorns Affiliate disclosure as of 4/9/24: Paid ad. Compensation provides an incentive to positively promote Acorns. The information and opinions presented are for informational purposes only and represent the views of the promoter as of the date created and are subject to change. Investment advisory services offered by Acorns Advisers, LLC, an SEC-registered investment adviser. View important disclosures at https://www.acorns.com/brendan/ and Acorns.com. ^This doesn't mean I was paid to make this video, it means I have an affiliate relationship with the company which allows me to make money by people using my links to sign up for services. I have to put this in every video description that includes the affiliate link. Webull disclosure: “I am not affiliated with Webull. All opinions are completely my own. This is not a recommendation or solicitation to buy or sell securities. Webull Financial LLC, member FINRA, SIPC. More info at webull.com/disclosures.” A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 10/14/24, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. High yield bonds have higher risk of default. See https://public.com/disclosures/bond-account to learn more.