Best High-Yield Savings Accounts for 2021

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Where is the best place to store your money? In this video, Andrew discusses the best banks in the world and where you should open your savings account to get a higher yield.
Andrew Henderson and the Nomad Capitalist team are the world's most sought-after experts on legal offshore tax strategies, investment immigration, and global citizenship. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best".
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Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.
Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we've spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

Пікірлер: 196

  • @internetapocalypse4885
    @internetapocalypse48853 жыл бұрын

    0.4% interest when inflation is higher than that? You are losing money by keeping it in a bank with those rates.

  • @Brandonbohl

    @Brandonbohl

    3 жыл бұрын

    Is taxation without representation

  • @oliverlomax3821
    @oliverlomax38213 жыл бұрын

    What are the names of these digital banks? Tried to research couldn't find any that matched the annual return of 4%+

  • @tomj528
    @tomj5283 жыл бұрын

    I was getting 3% in CDs until recently and it's hard to go with the .4% rates.

  • @erikberg849
    @erikberg8493 жыл бұрын

    It cost thousands to change to a different currency even with Wise. Any suggestions:

  • @alwayslearning7672
    @alwayslearning76723 жыл бұрын

    When you put money in say a Georgia bank do you put it in dollars or Lari in order to get the high interest rates? Which?

  • @stevenkurt32gmailcom

    @stevenkurt32gmailcom

    3 жыл бұрын

    Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless of what is happening in the wider or broader market. Essentially, the education involves studying the paths of a particular asset movement in this past so as to establish a sustainable pattern that can be used to predict future movement of an asset. Doing technical analysis can be quite different which is why most newbies / traders neglect day trading their stocks/ coins and stick to holding which is very dangerous as when the market goes bearish, advise any newbies / traders to buy the dip for traders who are still wondering to enter the market or old time traders who are holders to seek help from not just any trader but an established trading expert with at least 96% trade accuracy .I underwent series of trading loses l'd best not talk about before I was introduced to trading analyst Mr Elvis Hercules My contact with him has been the Pinnacle of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.6 BTC to 7 BTC and also from 10k to 67k in stocks ,in just 5 weeks. I orientation of trading will advice traders and newbies to before they involve in it. Mr Elvis Hercules,makes you learn daily while you make profit with his signals. he can be contacted via mail (elvishercules48@gmail.com)

  • @kingcold5977
    @kingcold59773 жыл бұрын

    What about the world corporate tax at 15 percent

  • @nickfreem4n
    @nickfreem4n3 жыл бұрын

    Andrew please make video about Salvode citizenship asap

  • @andrews993
    @andrews9932 жыл бұрын

    When renouncing citizenship in the US, do they confiscate a percentage of your money? Is this and other information in your book? Anything else that comes along with the process?

  • @ThatsEunice
    @ThatsEunice3 жыл бұрын

    Came at right time. Taking all my money out of US banking this week. It’s not great. Even Nigeria has better banking than US, which I was surprised about.

  • @HaydenDavidson6

    @HaydenDavidson6

    3 жыл бұрын

    One word: Crypto

  • @cookmaster3626

    @cookmaster3626

    3 жыл бұрын

    Yes Put it in Nigeria. A few months later i will get an e-mail from a banker in Burkina Faso Bank about my rich uncle who wants to give away his money to me.

  • @alwayslearning7672

    @alwayslearning7672

    3 жыл бұрын

    And I'm emptying my UK bank account!Brexit is a mess!

  • @alwayslearning7672

    @alwayslearning7672

    3 жыл бұрын

    @@HaydenDavidson6 Not for me! I don't gamble.The way crypto is now you might as we'll be in Las Vegas!

  • @HaydenDavidson6

    @HaydenDavidson6

    3 жыл бұрын

    @@alwayslearning7672 Stable coins

  • @djdg1973
    @djdg19733 жыл бұрын

    10 - 14% APR on US Tether coin staking on block fi if you really want to risk it for the bisquit

  • @fu6461
    @fu64613 жыл бұрын

    Love you bro ❤

  • @financialeducation4433
    @financialeducation44333 жыл бұрын

    Does Blockfi have international restrictions on USDC yields?

  • @stevenkurt32gmailcom

    @stevenkurt32gmailcom

    3 жыл бұрын

    Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless of what is happening in the wider or broader market. Essentially, the education involves studying the paths of a particular asset movement in this past so as to establish a sustainable pattern that can be used to predict future movement of an asset. Doing technical analysis can be quite different which is why most newbies / traders neglect day trading their stocks/ coins and stick to holding which is very dangerous as when the market goes bearish, advise any newbies / traders to buy the dip for traders who are still wondering to enter the market or old time traders who are holders to seek help from not just any trader but an established trading expert with at least 96% trade accuracy .I underwent series of trading loses l'd best not talk about before I was introduced to trading analyst Mr Elvis Hercules My contact with him has been the Pinnacle of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.6 BTC to 7 BTC and also from 10k to 67k in stocks ,in just 5 weeks. I orientation of trading will advice traders and newbies to before they involve in it. Mr Elvis Hercules,makes you learn daily while you make profit with his signals. he can be contacted via mail (elvishercules48@gmail.com)

  • @dannyho6786
    @dannyho67863 жыл бұрын

    thanks david !

  • @dragonfly5895
    @dragonfly58953 жыл бұрын

    Are the credit unions or banks in Ecuador susceptible to how well the US dollar is doing?

  • @margyiphillips4931
    @margyiphillips49313 жыл бұрын

    Wow! I was just looking up a high-interest rate savings account yesterday and what do I see in my notification? Lovely coincidence Prof. Off to my Financial Literacy playlist goes this video. Thanks.

  • @smartcatcollarproject5699

    @smartcatcollarproject5699

    3 жыл бұрын

    Not a coincidence ! Big data algorithms !

  • @dellamarie4650

    @dellamarie4650

    3 жыл бұрын

    @@smartcatcollarproject5699 that’s exactly what I was thinking 🤔

  • @befree_za
    @befree_za3 жыл бұрын

    I'm staying in South Africa. How can you open a bank account over seas without traveling there, specifically Georgia?

  • @g50irene

    @g50irene

    3 жыл бұрын

    I have the same question

  • @sdiab

    @sdiab

    3 жыл бұрын

    @@g50irene I checked in Armenia. Ameria bank opens bank accounts remotely without travelling. Georgia: u need to travel there

  • @g50irene

    @g50irene

    3 жыл бұрын

    @@sdiab great thank you. I know anything about Armenian banks. Could you please refer me to a reputable bank website please.

  • @sdiab

    @sdiab

    3 жыл бұрын

    @@g50irene google Ameriabank. For some reason I can't post links here.

  • @ej2863
    @ej28633 жыл бұрын

    BlockFi 8.6%, Voyager 9% on USD stable coins

  • @ericeverson5956
    @ericeverson59563 жыл бұрын

    How's the ringgit doing in Malaysia? I want to get over there asap. Thanks for the video, Andrew.

  • @NON-2022

    @NON-2022

    3 жыл бұрын

    Quite stable, around 4.1 to $. The FD interest rates 1.8% - 2.5% depends on the bank, terms..etc. Nothing really much for the short term but I do believe that malaysian ringgit is “remarkably undervalued” right now which provides some potential upside for long-term. But again, that's from the longer term perspective!

  • @stevenkurt32gmailcom

    @stevenkurt32gmailcom

    3 жыл бұрын

    Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless of what is happening in the wider or broader market. Essentially, the education involves studying the paths of a particular asset movement in this past so as to establish a sustainable pattern that can be used to predict future movement of an asset. Doing technical analysis can be quite different which is why most newbies / traders neglect day trading their stocks/ coins and stick to holding which is very dangerous as when the market goes bearish, advise any newbies / traders to buy the dip for traders who are still wondering to enter the market or old time traders who are holders to seek help from not just any trader but an established trading expert with at least 96% trade accuracy .I underwent series of trading loses l'd best not talk about before I was introduced to trading analyst Mr Elvis Hercules My contact with him has been the Pinnacle of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.6 BTC to 7 BTC and also from 10k to 67k in stocks ,in just 5 weeks. I orientation of trading will advice traders and newbies to before they involve in it. Mr Elvis Hercules,makes you learn daily while you make profit with his signals. he can be contacted via mail (elvishercules48@gmail.com)

  • @gorgeplo
    @gorgeplo3 жыл бұрын

    What's your take on El Salvador going to the Bitcoin Standard and making it legal Trading Currency in their Country ?

  • @christopherrussell4128

    @christopherrussell4128

    3 жыл бұрын

    They are staying on the dollar, they clarified that today.

  • @linagee

    @linagee

    3 жыл бұрын

    Can you take your crypto for a ride to El Salvador, do a tax free conversion to cash, then take the cash back home?

  • @gorgeplo

    @gorgeplo

    3 жыл бұрын

    Haha i thought of that too but I believe you need to be in a DEFI exchange first if not they will know you enter into Crypto but never exited they will just tax you at the end or when they are ready (new law) so just make sure you are Decentralize from start to finish AKA the real way to use Crypto

  • @JtotheT777
    @JtotheT7773 жыл бұрын

    El Salvador , 3 bitcoins for citizenship...!! U gotta cover this or send me there to Ps I'd be paying for me just doing the groundwork

  • @chesterkendra5224
    @chesterkendra52243 жыл бұрын

    Ecuador pays a high rate of interest and they use the US dollar.

  • @saurabhohri6220

    @saurabhohri6220

    3 жыл бұрын

    but highly unstable economy

  • @chesterkendra5224

    @chesterkendra5224

    3 жыл бұрын

    @@saurabhohri6220 What economy? Not much of an economy here.

  • @drogazmiany4132

    @drogazmiany4132

    3 жыл бұрын

    @@saurabhohri6220 Is Cambodia more stable ?

  • @svuvmdv4608

    @svuvmdv4608

    3 жыл бұрын

    FDIC insurance? at the end of the day, assets are the only bet. asset means pays rent/dividend and stays valuable.

  • @bewilderedwomenstravels6776

    @bewilderedwomenstravels6776

    3 жыл бұрын

    @@saurabhohri6220 its not highly unstable. Lol

  • @saigonexile531
    @saigonexile5313 жыл бұрын

    Don't store $$ in Vietnam; 0% return lol

  • @break-it-til-you-make-it
    @break-it-til-you-make-it2 жыл бұрын

    Why not hold stablecoins like USDC, earning 8-12% annually...

  • @aquilomanganelli175
    @aquilomanganelli1753 жыл бұрын

    Panamá?

  • @jackburke8708
    @jackburke87083 жыл бұрын

    How with this deal with a pandemic and no vaccine in your countries of choice?

  • @michaelxing3331
    @michaelxing33313 жыл бұрын

    Inflation Rate in Georgia increased to 7.70 percent in May from 7.20 percent in April of 2021. source: National Bank of Georgia

  • @jorgeharmstrong
    @jorgeharmstrong3 жыл бұрын

    Australian, Canadian, and New Zeland dollars (plus many more currencies) all gained about 15% last year compared to the UD dollar.

  • @HaydenDavidson6

    @HaydenDavidson6

    3 жыл бұрын

    Confirmed. I had AUD funds tied up in USD for a residency visa. One year later it was down 12%. Lost about $10k. So ouch.

  • @digbyjones4203

    @digbyjones4203

    3 жыл бұрын

    Its kind of irrelevant though unless you actually go to Australia, Canada, or New Zealand. And I prefer visiting far less expensive countries with far less regulations and less snobby women.

  • @jorgeharmstrong

    @jorgeharmstrong

    3 жыл бұрын

    @@digbyjones4203 Snobby women and too many regulations are a definite drag.

  • @HaydenDavidson6

    @HaydenDavidson6

    3 жыл бұрын

    @@digbyjones4203 @Digby Jones You don't need to visit these countries to hold excess cash in these currencies. Options: hold AUD in a forex broker account. Or TransferWise. All at 0% though. That's why I prefer a stable Coin in any chosen currency.

  • @HaydenDavidson6

    @HaydenDavidson6

    3 жыл бұрын

    @@digbyjones4203 Those Girls: who could be less snobby than us? Girls of the World: 🗿😅

  • @jamesoriah
    @jamesoriah3 жыл бұрын

    I store cash in Algorand.

  • @PrettyGreenMonk

    @PrettyGreenMonk

    3 жыл бұрын

    Not xrp xlm or hbar?

  • @Crcmvnt

    @Crcmvnt

    3 жыл бұрын

    🙏🏻Blessings, I’m doing something similar.

  • @HaydenDavidson6

    @HaydenDavidson6

    3 жыл бұрын

    What's Algarand pay? (you can hold on ledger and still stake)

  • @jamesoriah

    @jamesoriah

    3 жыл бұрын

    6% compounded if held in the algo wallet

  • @jamesoriah

    @jamesoriah

    3 жыл бұрын

    @@PrettyGreenMonk at this time no. Algo is the hidden juggernaut of crypto. I an see a 100x on my investment in 3-5 years.

  • @billyabroad8057
    @billyabroad80573 жыл бұрын

    Great video! In all honesty I wouldn't put my money in many of those places. I want my money to be in top tier 1st world locations where I have protections and strong democratic governments. So I never really focus on the interest. I would even take negative interest if I was allowed to open a Swiss account.

  • @himpoet

    @himpoet

    3 жыл бұрын

    That's sensible, but investment is not an all or nothing situation adventure, if you put 10% of your net worth in a slightly more risky institution for a much higher interest rate, you're not exactly gambling away your assets.

  • @billyabroad8057

    @billyabroad8057

    3 жыл бұрын

    @@himpoet I see your point. “A bird in hand is always worth more then the two in the bush” they say. I’d stick 10% of wealth in crypto before trusting many of these places with it and that coming from a guy who doesn’t invest in crypto and think it’s gambling lol.

  • @TheSoaphippo
    @TheSoaphippo3 жыл бұрын

    What country is at 6:30? Spell that?

  • @ARUchannel1

    @ARUchannel1

    9 күн бұрын

    azerbaijan in the caucasus region

  • @ThomasTomiczek
    @ThomasTomiczek3 жыл бұрын

    Less than ß0... yeah, 3.21 on aave for usdt right now (+7% bonus, but that runs out in a week). 12% on Nexo with counterparty risk. 0.4 - those banks will get into trouble FAST.

  • @simonwright2210

    @simonwright2210

    3 жыл бұрын

    What security do these crypto 'banks' offer?

  • @ThomasTomiczek

    @ThomasTomiczek

    3 жыл бұрын

    That depends. Similar to a normal bank in legal cases (because no, the insurance is a joke if you have millions on a bank) and otherwise - what bank? AAVE is a contract. Not in the legal, but in the technical sense. All loans are guaranteed by code, automatically liquidated if necessary. A group of people gets a cut of all interest but has to pay in case of a nunrecoverable loss. So, technically - way more safe than a bank.

  • @SuperSlayinJJ
    @SuperSlayinJJ3 жыл бұрын

    DeFi is the way to go

  • @linagee
    @linagee3 жыл бұрын

    Why would I go through the hassle of a bank located in another country when there's a 3.0% FDIC insured bank in the US?

  • @truejayoh

    @truejayoh

    3 жыл бұрын

    What bank gives you 3%?

  • @dalva72

    @dalva72

    3 жыл бұрын

    I call bullsh!t. Name the bank and I'll eat my words.

  • @cluedin

    @cluedin

    3 жыл бұрын

    Bs bs bs no us bank pays that

  • @nikkisiovima8668

    @nikkisiovima8668

    3 жыл бұрын

    Varo’s savings is 3% apy, but it caps at only $5000 🙄 as soon as you go over, it’s back down to 0.20% 🤦🏽‍♀️

  • @aueraa
    @aueraa3 жыл бұрын

    Waves exchange is a good option? It pays 30%-150% APY

  • @ekkamailax
    @ekkamailax3 жыл бұрын

    Legally !!

  • @absoluttchamp
    @absoluttchamp3 жыл бұрын

    I got 1% in a local bank. The rest I get 8-9% through crowdlending/dividend stocks. It`s a good life.

  • @michael2275

    @michael2275

    3 жыл бұрын

    You can get 11% on USDC stable coin with less risk.

  • @zonk1477

    @zonk1477

    3 жыл бұрын

    Dividend stocks are fine. But crowdlending is extremely risky that the person defaults and you get nothing as it's unsecured debt. On blockfi you can earn 8% interest in stable coins risk free. Borrowers have to put up colleteral before they can borrow, so there is no risk of losing money.

  • @cryptoyarrick

    @cryptoyarrick

    3 жыл бұрын

    @@michael2275 20% on Yield App

  • @exoticcarfactsofficialchan7050
    @exoticcarfactsofficialchan70503 жыл бұрын

    Another excellent and very relevant video Andrew 👏😎Thank you for sharing this information with the Nomad lifestyle community 💎🙌

  • @Alejandro-cj1ge
    @Alejandro-cj1ge3 жыл бұрын

    You missed panamá, great accounts in us dollars & easier to digest for the average person than those countries.

  • @naillijseer
    @naillijseer3 жыл бұрын

    Turkey? Interest rates are 💥if course possibly the government is as well 🤕

  • @michael2275
    @michael22753 жыл бұрын

    Getting 11% on my USDC stable coin. Seems like a better option to me.

  • @cryptoyarrick

    @cryptoyarrick

    3 жыл бұрын

    20% on Yield App dude, where are you settling for 11%?

  • @cluedin

    @cluedin

    3 жыл бұрын

    @@cryptoyarrick how do you trust a company that won’t even post the owners names?!?

  • @cryptoyarrick

    @cryptoyarrick

    3 жыл бұрын

    @@cluedin the owners are visible and their licensing is public, what do you mean? You can check out their telegram and talk to them yourself. They even had an AMA just the other day with the CEO and COO. A bunch of us did extensive diligence on them before investing. Happy to give you any info but honestly it's all out in the open easy to find. They are licensed, regulated and insured.

  • @himpoet

    @himpoet

    3 жыл бұрын

    @Mike, Celsius?

  • @BITCOINSUPREMACIST
    @BITCOINSUPREMACIST3 жыл бұрын

    This video is for those that don't understand Bitcoin lol

  • @HaydenDavidson6

    @HaydenDavidson6

    3 жыл бұрын

    Hehe comment of the day. True. Its getting more noticeable as time passes.

  • @davidedepaiva7104
    @davidedepaiva71043 жыл бұрын

    Inflation is killing your buying power

  • @Michael-lt5eq
    @Michael-lt5eq3 жыл бұрын

    All of these rates are beyond horrible. I'll keep adding to my USDC and get 8.88% thanks

  • @michaelxing3331
    @michaelxing33313 жыл бұрын

    The annual inflation rate in Ukraine went up to 9.5 percent in May of 2021 from 8.4 percent in the previous month. It was the highest increase in prices since May of 2019 due to a rebound in cost for clothing & footwear (9.3 percent vs -4.6 percent). Meantime, inflation rose for housing & utilities (35.3 percent vs 26.5 percent), food (9.5 percent vs 9.4 percent), transport (12.2 percent vs 9.2 percent), healthcare (6.4 percent vs 6.2 percent). On a monthly basis, consumer prices rose 1.3 percent after a 0.7 percent gain in the prior month. source: State Statistics Service Of Ukraine

  • @chiragesrani
    @chiragesrani3 жыл бұрын

    Which country has no bank failure ?

  • @cookmaster3626

    @cookmaster3626

    3 жыл бұрын

    North Korea

  • @NON-2022

    @NON-2022

    3 жыл бұрын

    @@cookmaster3626 absolutely 100% hassle free! NO money NO foreign currencies NO saving problems.... lol

  • @theredpillar4149
    @theredpillar41493 жыл бұрын

    How about 5824 basis points annually? How? Staking cryptocurrencies if course, this doesn't even factor in price appreciation over time either. And there are other projects with better numbers out there than this, but I have chosen to stick with my current project because I believe in it long term. Passive income at its finest with no middemen, the future of global finance.

  • @stevenkurt32gmailcom

    @stevenkurt32gmailcom

    3 жыл бұрын

    Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless of what is happening in the wider or broader market. Essentially, the education involves studying the paths of a particular asset movement in this past so as to establish a sustainable pattern that can be used to predict future movement of an asset. Doing technical analysis can be quite different which is why most newbies / traders neglect day trading their stocks/ coins and stick to holding which is very dangerous as when the market goes bearish, advise any newbies / traders to buy the dip for traders who are still wondering to enter the market or old time traders who are holders to seek help from not just any trader but an established trading expert with at least 96% trade accuracy .I underwent series of trading loses l'd best not talk about before I was introduced to trading analyst Mr Elvis Hercules My contact with him has been the Pinnacle of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.6 BTC to 7 BTC and also from 10k to 67k in stocks ,in just 5 weeks. I orientation of trading will advice traders and newbies to before they involve in it. Mr Elvis Hercules,makes you learn daily while you make profit with his signals. he can be contacted via mail (elvishercules48@gmail.com)

  • @swardinc
    @swardinc3 жыл бұрын

    with inflation on the rise anything that does not keep up with that is not worth the risk

  • @randyhill2646
    @randyhill26463 жыл бұрын

    Convert US dollars to the USDC stable coin which is backed 1:1 by dollars. Store it with Celsius and earn 8.88% annual interest paid in weekly increments and withdrawable on demand.

  • @cryptoyarrick

    @cryptoyarrick

    3 жыл бұрын

    Or store it with Yield App who are insured and regulated and earn 20% APY...

  • @redpill5912
    @redpill59123 жыл бұрын

    Banks will take your money deposited in accounts. They also have the rights to take your FDIC money also.

  • @andersongarbujo9033
    @andersongarbujo90333 жыл бұрын

    Hello, What you would say to a Brazilian that has Italian Citizenship but love's the BayArea and is thinking about asking for an EB5 Green Card ... Watching your videos I realized that maybe I should not .... I have 2 American kids

  • @wd8005

    @wd8005

    3 жыл бұрын

    Get a Canadian citizenship.. It’s not fast to get a citizenship (3yrs) but Canadian’s can visit USA for 6 Months without a Visa. Spend another 6 months in another country because you have to claim closer connection exemption to another country, this has to be a permanent place you go back to because you have to prove you have significant ties in that country to claim closer connection exemption and not get taxed by the IRS (you will pass the substantial presence test if you visit USA for 6 Months yearly), Yes it’s not year round access unlike if you have a green card or citizenship but it’s better than getting taxed by the IRS wherever you go & besides the Bay Area doesn’t have good weather year round like Socal so spend the nice months in Bay Area and another 6 months in another country.

  • @mobileandroid5299

    @mobileandroid5299

    3 жыл бұрын

    You are so f*cked going to the USA. Slave forever. Cara, USA sua cabeça!

  • @HaydenDavidson6
    @HaydenDavidson63 жыл бұрын

    I'm in TAUD and TCAD stable coins @12%. CAD and AUD are currencies on the way up against USD.

  • @Vadamsama

    @Vadamsama

    3 жыл бұрын

    those are good choices yes, personally i wouldnt do usd based stablecoin unless it offered at least 20%, its a pity there arent many other options at the moment, there is also TGBP and THKD and EURS but the latst two are quite hard to get/trade/store

  • @simonwright2210

    @simonwright2210

    3 жыл бұрын

    Not sure if you mean these are crypto that offer a return of 12% or you have them deposited for a return? If so what security do you have for your deposit?

  • @Vadamsama

    @Vadamsama

    3 жыл бұрын

    @@simonwright2210 There are cryptos that can make a return in your own private wallet yes, those arent that many yet and they are easy to find out which ones they are. In most other cases it means depositing your crypto somewhere for someone else to use the money, usually loans but also for investments. The ones he mentions are stablecoins so of course they cant make any money on their own without you lending it to someone. But with real cryptos the fluctuations are way more than the interest brokers will give you so it doesnt usually make sense to bother with that and accept extra risks but with stable coins its different because they are stable with respect to a pegged fiat currency and brokers also typically give you the highest interest on those so you can easily get 6-14% depending on the broker and if its a flex term or 1 or 3 moths term and other factors.

  • @simonwright2210

    @simonwright2210

    3 жыл бұрын

    @@Vadamsama Thank you for the information.

  • @bluemountain9253
    @bluemountain92533 жыл бұрын

    Stable coins have been working for me just fine but still interesting as always

  • @stevenkurt32gmailcom

    @stevenkurt32gmailcom

    3 жыл бұрын

    Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless of what is happening in the wider or broader market. Essentially, the education involves studying the paths of a particular asset movement in this past so as to establish a sustainable pattern that can be used to predict future movement of an asset. Doing technical analysis can be quite different which is why most newbies / traders neglect day trading their stocks/ coins and stick to holding which is very dangerous as when the market goes bearish, advise any newbies / traders to buy the dip for traders who are still wondering to enter the market or old time traders who are holders to seek help from not just any trader but an established trading expert with at least 96% trade accuracy .I underwent series of trading loses l'd best not talk about before I was introduced to trading analyst Mr Elvis Hercules My contact with him has been the Pinnacle of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.6 BTC to 7 BTC and also from 10k to 67k in stocks ,in just 5 weeks. I orientation of trading will advice traders and newbies to before they involve in it. Mr Elvis Hercules,makes you learn daily while you make profit with his signals. he can be contacted via mail (elvishercules48@gmail.com)

  • @jamescronk8321
    @jamescronk83213 жыл бұрын

    The US government only lets you take $10000 out of the country ....How are you going to put more money in the foreign bank when you don't have citizenship there?

  • @JeromePowerrr
    @JeromePowerrr2 жыл бұрын

    Meh im not fond of banks

  • @michael2275
    @michael22753 жыл бұрын

    Anything less than 3% is totally irrelevant to me...

  • @alwayslearning7672

    @alwayslearning7672

    3 жыл бұрын

    Makes sense when average per year is around 2%.

  • @i810dumiclovich

    @i810dumiclovich

    3 жыл бұрын

    Less than 10%

  • @rusty358
    @rusty3583 жыл бұрын

    Put money in Voyager exchange at 9%, FDIC insured.

  • @pkREX24
    @pkREX243 жыл бұрын

    nexo and celsius get you around 10% if you're willing to hold stable coins

  • @simonwright2210

    @simonwright2210

    3 жыл бұрын

    What security do they offer for your money?

  • @simonwright2210

    @simonwright2210

    3 жыл бұрын

    @@oliverallen5324 You appear to know what your talking about if you know they don't do fractional lending. How do they make the money to pay the returns they do in that case? I don't live in US but FDIC covers $250,000 default by a bank as far as I can see. I don't know where these crypto interest companies are located and whether they're regulated or to take deposits. I'd be grateful for any information you may have as for all I know they could be paying interest with capital or new capital paid in (ponzi schemes). I'd be grateful for any information you may have as there does not appear any protection for investors?

  • @himpoet

    @himpoet

    3 жыл бұрын

    @@simonwright2210, it also takes a bit of naivety or being new to Finance to think any product that offers you a 10%+ interest is a safe option. There's always a tradeoff between risk and reward.

  • @ARUchannel1
    @ARUchannel19 күн бұрын

    do not put all your money in banks, it a slow loss of funds

  • @samtoo2006
    @samtoo20063 жыл бұрын

    Just buy usdc and put it in voyager, u get 9% yearly interest

  • @cookmaster3626

    @cookmaster3626

    3 жыл бұрын

    what the hell is a USDC? and what is voyager?

  • @cryptoyarrick

    @cryptoyarrick

    3 жыл бұрын

    @@cookmaster3626 USDC is a stable coin. Though I would rather get 20% APY on Yield App than Voyager.

  • @truejayoh

    @truejayoh

    3 жыл бұрын

    It's got a huge fee

  • @1bagger35
    @1bagger353 жыл бұрын

    If you're really interested in crypto fixed income, you can trust variable rate LP or "banks" like Celsius where you give up ownership of your asset. Or, you can invest in HEX and stake it for as long as you want like a CD (choose any number of days). It's programmed and trustless fixed interest that won't change on a whim, up to 40% apy, and you don't give up your ownership. And you get the benefit of price appreciation.

  • @simonwright2210

    @simonwright2210

    3 жыл бұрын

    Thanks for your comment. However, I don't know what variable rate LP is and the idea of giving up ownership of your assets does not sound to appealing. I don't know what security you get with a crypto 'bank'? Hex also sounds interesting but I do not k ow how that works either. I assume you take a risk on price in return for the return you mention.

  • @1bagger35

    @1bagger35

    3 жыл бұрын

    @@simonwright2210 Yes, your interest is paid in the HEX token. So your risk is in the price of that token, which is volatile, but as of yet the trend has not shown it stays down for long if the price goes down, it has shown it is completely uncorrelated to any other asset, and the price could have strong upside if people like the idea of programmed trustless fixed interest and choose to invest.

  • @unpopuIaropinion
    @unpopuIaropinion3 жыл бұрын

    Best high yield savings? Buy HODL token (crypto), with a 100$ investment you can earn about 2-3$ DAILY! How about that ? Good luck with banks

  • @stevenkurt32gmailcom

    @stevenkurt32gmailcom

    3 жыл бұрын

    Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless of what is happening in the wider or broader market. Essentially, the education involves studying the paths of a particular asset movement in this past so as to establish a sustainable pattern that can be used to predict future movement of an asset. Doing technical analysis can be quite different which is why most newbies / traders neglect day trading their stocks/ coins and stick to holding which is very dangerous as when the market goes bearish, advise any newbies / traders to buy the dip for traders who are still wondering to enter the market or old time traders who are holders to seek help from not just any trader but an established trading expert with at least 96% trade accuracy .I underwent series of trading loses l'd best not talk about before I was introduced to trading analyst Mr Elvis Hercules My contact with him has been the Pinnacle of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.6 BTC to 7 BTC and also from 10k to 67k in stocks ,in just 5 weeks. I orientation of trading will advice traders and newbies to before they involve in it. Mr Elvis Hercules,makes you learn daily while you make profit with his signals. he can be contacted via mail (elvishercules48@gmail.com)

  • @AZMarine78
    @AZMarine783 жыл бұрын

    Celsius wallet for crypto.

  • @cryptoyarrick

    @cryptoyarrick

    3 жыл бұрын

    Yield App for 20% and safer

  • @stevenkurt32gmailcom

    @stevenkurt32gmailcom

    3 жыл бұрын

    Most newbies usually undermine and neglect the importance of technical analysis with regards to trading. Technical analysis overly predicts the movement of assets prices regardless of what is happening in the wider or broader market. Essentially, the education involves studying the paths of a particular asset movement in this past so as to establish a sustainable pattern that can be used to predict future movement of an asset. Doing technical analysis can be quite different which is why most newbies / traders neglect day trading their stocks/ coins and stick to holding which is very dangerous as when the market goes bearish, advise any newbies / traders to buy the dip for traders who are still wondering to enter the market or old time traders who are holders to seek help from not just any trader but an established trading expert with at least 96% trade accuracy .I underwent series of trading loses l'd best not talk about before I was introduced to trading analyst Mr Elvis Hercules My contact with him has been the Pinnacle of this year for me, under his careful guide and his signal service I've been able to recover my losses and even grow my trading portfolio massively from 1.6 BTC to 7 BTC and also from 10k to 67k in stocks ,in just 5 weeks. I orientation of trading will advice traders and newbies to before they involve in it. Mr Elvis Hercules,makes you learn daily while you make profit with his signals. he can be contacted via mail (elvishercules48@gmail.com)

  • @lawrencefox563
    @lawrencefox5633 жыл бұрын

    I've had Georgia on my mind ,maybe visit Atlanta try a 🍑.

  • @relaxingnaturesounds-sleep5072

    @relaxingnaturesounds-sleep5072

    3 жыл бұрын

    It is not Georgia, USA.

  • @HowToDrip
    @HowToDrip3 жыл бұрын

    My plan: convert USD to USDC (crypto) and get 12+% interest rate. Spread my USDC around multiple locations to decrease my risk. Advantages -> I can move my money around in a few clicks, no banking hours, no wire transfers that take days. “Traditional banks” are in trouble.

  • @HaydenDavidson6

    @HaydenDavidson6

    3 жыл бұрын

    Better plan: convert USD to TCAD or TAUD @12%. USD is goin' doowwnnn

  • @simonwright2210

    @simonwright2210

    3 жыл бұрын

    If you're storing your crypto in different locations I assume that's because those locations do not offer security for your deposit?

  • @HowToDrip

    @HowToDrip

    3 жыл бұрын

    @@simonwright2210 Depends. Some places offer insurance. But still a good idea to spread it out.

  • @HowToDrip

    @HowToDrip

    3 жыл бұрын

    There are risks like getting hacked. But I don’t trust traditional banks. And FDIC insurance means nothing to me since I don’t trust my own government.

  • @heatherzagar2124
    @heatherzagar21243 жыл бұрын

    I get 10% from a stable coin. Works great for me

  • @Michael-sb4xq
    @Michael-sb4xq3 жыл бұрын

    the best interest rates are in crypto

  • @kylejoseph225
    @kylejoseph2253 жыл бұрын

    Park stable coins in Celsius Network and earn in CEL at up to 11.21% while also getting the upside on CEL token. Forget leaving large amounts of money in a bank when you earn less than inflation.

  • @cryptoyarrick

    @cryptoyarrick

    3 жыл бұрын

    Why use Celsius when Yield App offers 20%?

  • @kylejoseph225

    @kylejoseph225

    3 жыл бұрын

    ​@@cryptoyarrick I own equity in both companies as well as having tier 5 on Yield app and platinum on Celsius Network. YLD is down over 50% in the last 30 days, CEL token is up almost 6%. Yield is at 42 employees, Celsius is at over 350 and hiring another 100. I'm a big fan of both companies but Yield app is a lot higher risk for the average person who normally uses bank accounts to save. Unfortunately it also has withdrawal fees at present.

  • @cryptoyarrick

    @cryptoyarrick

    3 жыл бұрын

    @@kylejoseph225 The token value as you know is meaningless this early on. As long as you're tier 5, you get the max APY. Yes Cel is 4 years older than Yield App so they are naturally a bigger company.

  • @Vvermont
    @Vvermont3 жыл бұрын

    Just put your money in a stablecoin and get 7-10%

  • @lostboi3974
    @lostboi39743 жыл бұрын

    I wouldnt take any advice from Mark Cubin. He likes Biden.

  • @lostboi3974

    @lostboi3974

    3 жыл бұрын

    @@JK-in7lm I'll let all the employees that were laid off from that pipeline contract know that your advice for them is to go with the flow

  • @lostboi3974

    @lostboi3974

    3 жыл бұрын

    @* * * * * Biden is a corrupt politcian.

  • @franciscafazzo3460
    @franciscafazzo34603 жыл бұрын

    you call this helpful...all uyou say is not thought out. guess you want paid. your presence is annoying. quit looking away from amara.

  • @isabellaemily2247
    @isabellaemily22473 жыл бұрын

    Mr Eddie Dewayne is the best, recommending him to all beginners who wants to recover losses like I did

  • @isabellaemily2247

    @isabellaemily2247

    3 жыл бұрын

    @Christy Morissette +1 5 0 7 2 6 2 6 5 3 0

  • @isabellaemily2247

    @isabellaemily2247

    3 жыл бұрын

    @Christy Morissette Text him directly whats appk

  • @isabellaemily2247

    @isabellaemily2247

    3 жыл бұрын

    Please let him know you were referred by one of his client

  • @jarrodbenchek
    @jarrodbenchek3 жыл бұрын

    Its because you guys "park cash" that the world has problems.