Do any of you utilize a high yield savings account?

[TheScapeGOAT]

In addition to your other asset vehicles?

[Maestrobater]

Yep, for excess cash outside of my SIPP and ISA.

[nothingshocking]

I have an investment account tied to my chase accounts.

I have my cash in money market mutual funds VMFXX and VUSXX

the rates and profiles of the funds are about the same, I just have them separated for my kid's college fund vs my personal savings

[guest89]

Yeah. I'm getting 4.7% right now. Makes it easy to funnel a lot of money into savings tbh.

[BullittEV]

Pretty good window right now with higher than average interest rates.. if you have any decent amount of money (>100K) it should be in there.

[TheScapeGOAT]

Unless it's 5% interest or more, it's better to actually invest your money srs

For sure, I was just curious if miscers had x amount of their net worth in a HYSA. Although I see more 4.00-4.75%.

[mchabs]

Charles Schwab SWVXX.

it's giving like a 5% return these days.

[texanchris]

I have Ally Bank which currently has 4.25% on savings and some for checking so not bad. Figured if I’m going to have money in a bank account, might as well earn some interest on it. Returns have been pretty good so far so would recommend.

[DolphinPilot]

We on sum dat boomer tiem? Gotta crypto da fuk up boyeee







Yeah I have a bunch of money in MMs and treasuries, especially.

[JT11RTR]

Yeah I move some over from my checking account occasionally

[Dreamscapes]

Bask Bank / CIT Bank.
Both north of 5%

[stevebec]

Fidelity, I think like 4.9% now. Free checking, free checks, free online bill pay. I've moved everything over from my local 0.1% checking account. I still keep a little money in it in case I need some quick local cash, but basically run everything out of the high yield one now.

[kusok]

Miscers when NVDA was $150 a few months ago: it’s overpriced trash! Bitcoin at 1k is a scam, and Tsla at $17 is a fraud! Elon is a fraud!! Nobody will ever drive electric cars!

Miscers today: I’m putting money in 5% account! Market is fraud! Etc.

Miscers at $100,000 bitcoin, $2000 Tesla stock in 2026: market is scam! I’m investing in 5% bank account.

[TheScapeGOAT]

Miscers when NVDA was $150 a few months ago: it’s overpriced trash! Bitcoin at 1k is a scam, and Tsla at $17 is a fraud! Elon is a fraud!! Nobody will ever drive electric cars!

Miscers today: I’m putting money in 5% account! Market is fraud! Etc.

Miscers at $100,000 bitcoin, $2000 Tesla stock in 2026: market is scam! I’m investing in 5% bank account.

I was just asking boyo. I have crypto and brokerage too.

[LogicalLifts]

For sure, I was just curious if miscers had x amount of their net worth in a HYSA. Although I see more 4.00-4.75%.

Could be more useful as a dumping account, e.g. rental payments or other types of liquid income. Then you sort from there to investments or maintain a pool there as a minimum cash flow (e.g. 15k, whatever).

Bogleheads is a great place to discuss this kind of thing btw. Mature community with many ideas.

[Ironmanlet]

We spend our time working just so we can have money to put in someone else’s account to make them money.

[IPoopStandingUp]

I keep emergency fund in hysa. I expect eventually interest rates will get low again some day and I will look for something else to do with most of this money. Maybe escorts?

[DolphinPilot]

We spend our time working just so we can have money to put in someone else’s account to make them money.

damn get a load of tyler durden over here

we work jobs so we can make money so we can buy clothes from people who sell clothes for money so they can buy clothes.

[kusok]

I was just asking boyo. I have crypto and brokerage too.

I know lol I was just being an ass, obviously I keep whatever cash I have in the 5% account as well lol, damn, where did the good old times go? I’m so old. I remember Banks used to give you like 15% and ****,

Edit: just looked it up and the highest I could find is 8.5% back in 1990, that’s weird because I remember specifically getting 10 and 12% and seeing higher as well, maybe I imagined it…

[Shortfuze]

take a look at this
https://www.forbes.com/advisor/banki...ings-accounts/

[swolefnatic]

Yes, SoFi offers 4.25-5% high yield savings accounts. Have to connect your direct deposit to it to qualify first, and I think pull in at least $5K in your first month of opening.

[Ratfish]

crashed my asset vehicle while drunk driving

[nutsy54]

Only for short-term items such as the Emergency Fund, Vacation Fund, staging cash to buy a car, annual property taxes...

[V0M1T]

lol at a savingcels

[_zman]

For sure, I was just curious if miscers had x amount of their net worth in a HYSA. Although I see more 4.00-4.75%.

I have a bit more than average, about 10% of portfolio is cash right now in hysa. Some short term securities. Rest is in mostly growth stocks and s&p.

[Muscle2021]

yea my regular savings account is like 4.5 now

[SaviorSelfJT]

Fidelity, I think like 4.9% now. Free checking, free checks, free online bill pay. I've moved everything over from my local 0.1% checking account. I still keep a little money in it in case I need some quick local cash, but basically run everything out of the high yield one now.

This is the way

Fidelity has everything. Cash account, brokerage, IRAs, HSAs, credit card, checkbook, debit cards

You can use the "cash manager" feature to move cash into your cash account from your brokerage automatically when it dips too low

[SKBeast]

Only for short-term items such as the Emergency Fund, Vacation Fund, staging cash to buy a car, annual property taxes...

Exactly.

The vast majority of my monies are in ROTH and Brokerage

[EDcellent]

I have my house down payment money in a Webull 5% HYSA. I probably won't buy a house this year since I just moved to a new area 3 months ago, but I'd rather play it safe than putting it in the market.

I still have money in stonks though.

[guest89]

Unless it's 5% interest or more, it's better to actually invest your money srs

The wealthiest people I know do not invest their money in the stock market. Nor do they put it in the stock market or CD's. They stack it in a savings account. Then when they have a reasonable amount of cash. They buy either a business or income producing real estate. Rinse and repeat. They just stay debt free. Stack cash in savings. And purchase assets outright in cash.


They don't put their money into investments that they do not control. They also don't put money into investments that don't pay them. All of their focus is in stacking cash. Then buying assets that pay them and increase their income. Over and over again until they own enough small businesses or real estate that pays them hundreds of thousands of dollars per month.

Investing in the market is better for the low income. So they have a nice little nest egg when they are 65.