4.6 • 4.9K Ratings
🗓️ 13 February 2023
⏱️ 26 minutes
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0:00.0 | Monso Business Banking. It just works. So you can too. Join businesses like Target |
0:05.7 | to Wishing by opening a Monso Business account. |
0:07.7 | What I love about Monso Business account is how easy everything is. It can be filtered, |
0:12.8 | it can be tagged. We thought we'd have to manage our business around our banks, but that's |
0:17.3 | not the case with Monso. |
0:18.4 | My name is Shun. I am the Founder of Target Trition. |
0:21.6 | Apply in minutes at Monso.com slash business. To apply you must be a sole trader or director |
0:26.6 | of a limited company, UK Businesses Only, terms and conditions apply. |
0:35.4 | It's my pleasure to welcome you to the Clark Power Show. Our mission is to serve you and |
0:40.1 | empower you so you make better financial decisions in your life. I got so many questions about |
0:47.1 | how to make more with idle cash. Good to have idle cash, right? And I recently talked about |
0:53.1 | rates from banks. I have a follow up about brokerage houses and how you may be missing out on big yields |
1:00.6 | by being with the wrong one. Also, health care is hitting Americans hard in the wallet. We're going |
1:08.2 | to talk about some of the things going on you need to be aware of. So I've talked about how |
1:15.1 | the big banks continue to pay like nothing on savings. And in spite of that, people are sitting |
1:22.8 | with massive amounts of money in savings accounts sitting at giant monster mega banks or big |
1:31.4 | regional banks earning as little as one one hundredth of one percent. Now that's at a time where |
1:36.6 | savings rates are going up, up, up, up, okay? Where do you get those? FDIC insured online banks |
1:45.9 | in CUA insured credit unions. And you can take that money and give it a booster shot. Well, |
1:53.9 | let me tell you the big banks also are big into the brokerage business. And several of them own |
1:58.5 | brokerage operations. I've read two stories recently. One in Barons, one in the Wall Street Journal. |
2:05.7 | Actually, they're both the same owner of both publications. Me like that the big brokerage houses |
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