Why My 9.07% APY Save Account Was Horribly Disappointing

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  • čas přidán 2. 07. 2024
  • In today's video, I give an update on my Save account which boasts an impressive 9.07% APY. I made a review last year and ended up getting a referral bonus that allowed me to fully test the account.
    First review: • Save Review: The FDIC-...
    Here are the main things I didn't like about the Save account, which is why I originally decided against putting any money into the account:
    1. It had a high deposit minimum to put a balance in the account
    2. It had fees that would be charged if a withdrawal was made before the maturity date (like a CD)
    3. It had a variable rate. Even though you could earn over 9% APY, you could also earn 0%
    Turns out, someone used my referral link which gave me $6000 of investments where I could keep the earnings. What I earned was insane!
    Timestamps:
    0:00 - Intro
    0:24 - What I didn't like in my first review
    1:23 - My total investment and returns
    2:17 - How my investments did through the year!
    3:09 - Do I recommend Save?
    #CalebBale #Save #update
    📒 Notes and Resources 📒
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    ⚡️DISCLAIMER⚡️
    Do your own research. My content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional financial advisor when considering your retirement options. Though I teach financial principals, I am not an investment advisor and none of my advice constitutes legal, tax, or investment as a professional. Everything I share is based on my own research and is intended for your benefit. Any financial technology reviews are intended for your benefit. Research each product yourself to determine if they are right for you.
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