https://finance.yahoo.com/news/5-americas-richest-families-lost-124611807.html

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On Sunday, September 25, 2022 at 10:18:54 PM UTC-7, wrote:

https://finance.yahoo.com/news/5-americas-richest-families-lost-124611807.html

Learn from the Vanderbilts:

- No matter how much money you have, control your spending, budget and invest wisely. It all starts with opening a high-yield savings account to so you earn interest on your hard-earned money. Any cash you might have sitting in a checking account could
be working for you while you're not even thinking about it.

Learn from the Kluges:

- Make informed investments — especially when taking real risks with your money.

If you're ready to invest your money, you should consider starting with low-risk investments like certificates of deposit (CDs), which are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per individual.

CDs are promissory notes — essentially IOUs — that limit your ability to access your money until a fixed maturity date. Six months, one year, two years, etc. Once the CD reaches maturity, you'll have access to your money again in addition to the
interest paid to you by the financial institution.

Learn more about CDs and decide if they're the right option for your savings plan.

Learn from the Hartfords:

- The occasional "splurge" is OK if it falls within your budget, but what ever you do, don't squander your savings in pursuit of a lavish celebrity lifestyle.

If you're worried about over-spending, set up automatic deposits into a high-yield savings account.

Learn from the Pulitzers:

- Don't invest in citrus. No, no, just joking. The real lesson is to diversify your holdings.

Who hasn't heard that thing about not putting all of your eggs in one basket? If you have all of your savings wrapped up in a single investment, you put yourself at greater risk than having a well-diversified portfolio. Be sure to speak with a
qualified financial adviser.

Learn from the Strohs:

- It's abundantly clear that it's important to make educated choices about your money. Remember: decisions you make today can have long-lasting financial outcomes.

While you take the time to educate yourself, depositing your savings into a high-yield savings account and earning interest in the meantime is a no-brainer.

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On Sunday, September 25, 2022 at 10:18:54 PM UTC-7, wrote:

https://finance.yahoo.com/news/5-americas-richest-families-lost-124611807.html

LEARN FROM THE VANDERBILTS:

- No matter how much money you have, control your spending, budget and invest wisely. It all starts with opening a high-yield savings account to so you earn interest on your hard-earned money. Any cash you might have sitting in a checking account could
be working for you while you're not even thinking about it.

LEARN FROM THE KLUGES:

- Make informed investments — especially when taking real risks with your money.

If you're ready to invest your money, you should consider starting with low-risk investments like certificates of deposit (CDs), which are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per individual.

CDs are promissory notes — essentially IOUs — that limit your ability to access your money until a fixed maturity date. Six months, one year, two years, etc. Once the CD reaches maturity, you'll have access to your money again in addition to the
interest paid to you by the financial institution.

Learn more about CDs and decide if they're the right option for your savings plan.

LEARN FROM THE HARTFORDS:

- The occasional "splurge" is OK if it falls within your budget, but what ever you do, don't squander your savings in pursuit of a lavish celebrity lifestyle.

If you're worried about over-spending, set up automatic deposits into a high-yield savings account.

LEARN FROM THE PULITZERS:

- Don't invest in citrus. No, no, just joking. The real lesson is to diversify your holdings.

Who hasn't heard that thing about not putting all of your eggs in one basket? If you have all of your savings wrapped up in a single investment, you put yourself at greater risk than having a well-diversified portfolio. Be sure to speak with a qualified
financial adviser.

LEARN FROM THE STROHS:

- It's abundantly clear that it's important to make educated choices about your money. Remember: decisions you make today can have long-lasting financial outcomes.

While you take the time to educate yourself, depositing your savings into a high-yield savings account and earning interest in the meantime is a no-brainer.

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On 9/26/2022 10:22 AM, gggg gggg wrote:

On Sunday, September 25, 2022 at 10:18:54 PM UTC-7, wrote:
SNIP<

While you take the time to educate yourself, depositing your savings into a high-yield savings account and earning interest in the meantime is a no-brainer.

High yield savings accounts badly lag t-bills and money market funds.

High yield savings accounts are barely over 2.0% while some money market
funds are near 3.0% and 3 month t-bills are at 3.36% and 1 year t-bills
are at 3.98%. And t-bills are free from state income tax.

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