Is a High-Yield Savings Account Still Worth It?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 10 January 2025
⏱️ 50 minutes
🧾️ Download transcript
Summary
Despite recent Federal Reserve rate cuts, these accounts still provide yields around 4%, significantly outperforming the average savings rate of 0.43%.
Today's Stocks & Topics: ADBE - Adobe Inc., O - Realty Income Corp., HIG - Hartford Financial Services Group Inc., Is a High-Yield Savings Account Still Worth It?, Restricted Stock Units (RSUs), Debt Ceiling, CCJ - Cameco Corp., UEC - Uranium Energy Corp., MRO - Melrose Industries PLC, STAG - STAG Industrial Inc., UFPI - UFP Industries Inc., Creative Destruction.
Our Sponsors:
* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com
* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me
* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai
* Check out Progressive: https://www.progressive.com
* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com
* Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.com
* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com
* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.com
Advertising Inquiries: https://redcircle.com/brands
Transcript
Click on a timestamp to play from that location
| 0:00.0 | On radio, on YouTube, streaming live on invest talk.com, and for our podcast subscribers, this is |
| 0:12.1 | InvestTalk, independent thinking, shared success. |
| 0:17.8 | InvestTalk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States. |
| 0:27.3 | Here is KPP Financial Chief Executive Officer, Financial Advisor, Justin Klein. |
| 0:35.0 | Good afternoon, fellow investors, and welcome back to Invest Talk. |
| 0:39.8 | This is our Thursday, January 9th, 2025 edition. |
| 0:44.3 | It's the weird saying that. |
| 0:46.3 | I don't know why. |
| 0:47.3 | Trading is underway for the year of 2025. |
| 0:50.3 | And you may twist and turn a bit as it works through the coming or changing dynamics that |
| 0:58.7 | are inevitable with a new administration, especially this new administration. And we will |
| 1:05.1 | keep you abreast of the trends that emerge. And that's ultimately what will be important is not about the rhetoric of what one politician |
| 1:15.6 | says or one member of the cabinet says or really what anyone says. |
| 1:19.4 | It's really you have to let the market kind of do the talking for you because ultimately |
| 1:25.1 | it's the wisdom of the crowds that will start to allocate capital based on |
| 1:30.8 | what is what was truly going to happen with this new administration. |
| 1:35.9 | So that's what we were to help you navigate in these choppy waters. |
| 1:41.0 | And that's what we have kind of entered over the past a month or so are definitely |
| 1:45.2 | choppy waters in the equity markets and risk markets. So I'm Justin Klein and our objective here |
| 1:51.4 | is to help help you through this period so that you can make smart decisions with your money, |
| 1:58.9 | give you the tools, the mindset, so that you aren't making |
| 2:05.0 | decisions based on emotions, but decisions based on the facts on the ground. And, you know, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.