Yes you MIGHT make more in the stock market. For those beginning to save do CDs. Seeing the $$ ONLY increase each month is what motivates the savings. I started in 2009 with $0 and just reached $1M yesterday. Just put $200 or $300 or $50 into it as often as you can. Iâm a blue collar worker. I donât go out. Instead of going to a bar, I instead go to the ATM and deposit $100. Instead of going out to eat, I go to the ATM and deposit $50. Do this for 15 years and youâll become a millionaire ($1M). Now mess around with gambling in the market and you may lose it all. To give motivation to those thinking about taking my advise, currently I earn $4200 per month in CDs and HYSA, about $50,000 per year guaranteed no risk.
Yes, but your Money in the S&P is not flawlessly growing, it's dropping in and out, you're losing and gaining…. If it's in a HYSA, you're losing nothing. The only thing that drops, is the rate of interest you're being paid by your Bank.
Um, HYSA are not for investing. They are for holding your money/emergency fund INSTEAD OF a regular savings account. while earning passive income. VS? No.
My 3.3 % Hysa is safe . Though not stellar. But my stocks especially securities lost 2.5 % last week and today 2/24 / 2025 . Thanks to Humpty Dumpty Drumpf and musk- rat đ. So please remind your viewers that the stock market is cyclical and volatile. And you must have enough money in the market to absorb a 2 to 15 % loss and realize it might take 1 to 3 years to recover your losses . Your projections of 17 % returns are ridiculous. đź
You donât have nothing until you sell that s&p 500 etf you boughtâŠâŠAnd you could lose money on that if things got really bad. Youâre not losing anything in a hysa
Stop comparing thereâs no comparison Hysa you can take your money out and the interest you made. S&P500 you will get penalized if you take out the money. Put the $10,000 in HYSA then $582 in Roth you will win in any situation. HYSA are only for retirement & big emergency expenses.
The savings account is your emergency fund, though, not an investment. You shouldn't use the S&P as savings, because what if it crashes right at the same time you have a major unexpected expense come up?
What do you do about the huge tax bill you get the following year? I always got a refund, but this past year, i made about 11,000 in interest, and i had to pay back almost $2000 in taxes on the internet i received. Any way to keep from paying back that interest?
Put 5k in hysa 4% and 5k in sp500 and see what happend in 5 years?? Is it just me or do anyone else think in 5, or 10 years the hysa will have more $ in it
I believe the fed is going to cut interest rates multiple times in the second half of 2025, so you won't make very much on savings accounts much longer. That's why I moved $25K to my brokerage account. It has already grown $2K in 30 days.
Youâre not always going to get a 17% game. Those are for the lucky ones who got in at the right time. And most people donât even know technical analysis when looking at a chart so they probably wouldnât even get 5% in gains. If youâre getting 4+ percent steadily for 10 years straight, you might come out and positive in gain compared to stocks. In that applies for the average who doesnât understand charts and when to buy into the market and things of that nature.
Helping financial institutions get richer by the day, while you wait 20 plus years to enjoy a fraction of what they made off you. Invest in real estate.
why not both ? – HAVING 10k AS emergency funds would be aamzing! while you earn leftover – can be invested into ETFs/growth/dividends. just gotta MANAGE your paychecks and CAN DO both – BOTH SIDE WORKS WELL WITH U financially and future.
Yeah, but you still gambling with your money. The S&P 500 is not guaranteed at 17%. It may be at 17% at that particular time, but thatâs not consistent money.
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@habeshafinance
UPDATE: S&P is +581.57 (+15.21%) đ± on August 25, 2023!
Watch NEXT: How Much Money Should You Save Per Month? https://youtu.be/CO9dVgxC1X4
@danielleholifield4822
definitely need more info
@lissietravels1985
Yes yes yes đ đ đ
@arisarmiento
How do you invest in a ETF or S&P500?
@starvingdev
Do both HYSA for emergency fund since itâs always liquid. Extra cash sp500
@joja2568
Iike my certain 250
@lucianoUSA
But thereâs also more risk with the S&P. You never know what tomorrowâs rate will be.
@willyklips7164
Yea but its not backed in fdic so you're just a goody salesman.
@Argemirel
You should do a video on Nasdaq vs S&P500
@jimbobjim2310
Yes you MIGHT make more in the stock market. For those beginning to save do CDs. Seeing the $$ ONLY increase each month is what motivates the savings. I started in 2009 with $0 and just reached $1M yesterday. Just put $200 or $300 or $50 into it as often as you can. Iâm a blue collar worker. I donât go out. Instead of going to a bar, I instead go to the ATM and deposit $100. Instead of going out to eat, I go to the ATM and deposit $50. Do this for 15 years and youâll become a millionaire ($1M). Now mess around with gambling in the market and you may lose it all. To give motivation to those thinking about taking my advise, currently I earn $4200 per month in CDs and HYSA, about $50,000 per year guaranteed no risk.
@strappedup24
Or you could put 5,000 into the SP 500 and the other 5,000 into HYSA that way you could double your profit/return
@astrumignis2030
Yes, but your Money in the S&P is not flawlessly growing, it's dropping in and out, you're losing and gaining…. If it's in a HYSA, you're losing nothing. The only thing that drops, is the rate of interest you're being paid by your Bank.
@alyxxa6182
Um, HYSA are not for investing. They are for holding your money/emergency fund INSTEAD OF a regular savings account. while earning passive income. VS? No.
@Controlled_kaos
Kyrie kinda got a point
@theamazinghippopotomonstro9942
Both are better than having cash sitting at home or in a regular savings account
@Letsfixit-w5l
Just do both đȘđŸ
@rzz9594
My 3.3 % Hysa is safe . Though not stellar. But my stocks especially securities lost 2.5 % last week and today 2/24 / 2025 . Thanks to Humpty Dumpty Drumpf and musk- rat đ.
So please remind your viewers that the stock market is cyclical and volatile. And you must have enough money in the market to absorb a 2 to 15 % loss and realize it might take 1 to 3 years to recover your losses .
Your projections of 17 % returns are ridiculous. đź
@BlakeC341
They both serve different purposes. Apples to oranges comparison.
@Krmtx
So which one should I go with?
@1977NOBODY
You donât have nothing until you sell that s&p 500 etf you boughtâŠâŠAnd you could lose money on that if things got really bad. Youâre not losing anything in a hysa
@DelCarloAdventures
Stop comparing thereâs no comparison Hysa you can take your money out and the interest you made. S&P500 you will get penalized if you take out the money. Put the $10,000 in HYSA then $582 in Roth you will win in any situation. HYSA are only for retirement & big emergency expenses.
@huntstyle
The savings account is your emergency fund, though, not an investment. You shouldn't use the S&P as savings, because what if it crashes right at the same time you have a major unexpected expense come up?
@JohanwalliamJames
Ok
@nealnc07
What do you do about the huge tax bill you get the following year? I always got a refund, but this past year, i made about 11,000 in interest, and i had to pay back almost $2000 in taxes on the internet i received. Any way to keep from paying back that interest?
@arlenertonge6425
Put 5k in hysa 4% and 5k in sp500 and see what happend in 5 years?? Is it just me or do anyone else think in 5, or 10 years the hysa will have more $ in it
@dtr579
I believe the fed is going to cut interest rates multiple times in the second half of 2025, so you won't make very much on savings accounts much longer. That's why I moved $25K to my brokerage account. It has already grown $2K in 30 days.
@jeanah685
You neglected the 30% in loses in stocks in the past. So that 1700 would just go up and down without progressive growth.
@robhingston
yer anybody puts their money in the S&P 500 deserves more moneyÂ
because they took a risk!
The higher the risk the higher again or loss
Anonymous
Nice to see a comment section related to finance not littered with bots lol
@Pnellyvlogs
Youâre not always going to get a 17% game. Those are for the lucky ones who got in at the right time. And most people donât even know technical analysis when looking at a chart so they probably wouldnât even get 5% in gains. If youâre getting 4+ percent steadily for 10 years straight, you might come out and positive in gain compared to stocks. In that applies for the average who doesnât understand charts and when to buy into the market and things of that nature.
@jdb7918
Helping financial institutions get richer by the day, while you wait 20 plus years to enjoy a fraction of what they made off you. Invest in real estate.
@marvinydj
If losing 10k will affect your livelihood , then donât invest it in an s&p 500
@noelmilleryoga5993
This is silly. HYSA is for holding cash you need to stay liquid. The rest should be invested.
@bryan5072
How do open account to start
@afficals-chi9056
why not both ? – HAVING 10k AS emergency funds would be aamzing! while you earn leftover – can be invested into ETFs/growth/dividends. just gotta MANAGE your paychecks and CAN DO both – BOTH SIDE WORKS WELL WITH U financially and future.
@RC-bzbz
And the you have pay taxes on your interest earnings
@mlgigs8661
Yeah, but you still gambling with your money. The S&P 500 is not guaranteed at 17%. It may be at 17% at that particular time, but thatâs not consistent money.