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Andrew Lokenauth /
npub1050…u59e
2024-05-08 19:16:54

Andrew Lokenauth on Nostr: You will never build wealth with a high-yield savings account. A HYSA is great for ...

You will never build wealth with a high-yield savings account.

A HYSA is great for your emergency fund, but you need to invest.

Since 1928 the S&P 500 has returned 11% annually (with dividends reinvested)

No savings account can beat investing long-term.

You can’t "save" your way to wealth.
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