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A podcast to help you get an insider’s view of the financial world and escape common investment traps. Each week, we look at the financial news of the day and help you make sense of it so you can relax about money.
Episodes
Tuesday Apr 23, 2024
Tuesday Apr 23, 2024
Paul brings an article from WSJ called “Will Banks Finally Have to Pay You More For Savings?” and explains why inflation and interest rates increases on deposits don’t exactly mean higher returns for savings accounts and CDs. Listen along as Paul explains some of why large banks like JPMorgan Chase aren’t sure where things are headed and how much they will be able to offer on these products. All in all, banks are still not a reliable place for large deposits, if you’re looking for returns that beat inflation.
For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.
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