What’s your favorite HYSA for holding cash until 2025?

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    USER

      What’s your favorite HYSA?
      I wanted to put all my money in mutual funds.

      However, price is too high right now. I think 2025 will be a correction of price.
      Therefore, I want to put money in HYSA now and wait until 2025.

      #112115 Reply
      Allison

        Time in the market is better than timing the market. But you do you

        #112116 Reply
        Sean

          That’s not a good plan. But any hysa is going to be fine.

          #112117 Reply
          Marta

            How do you know that you won’t miss out on any gains before or after that would more than offset that anticipated correction?

            #112118 Reply
            Jonathan

              In general, I use capital one for my HYSA accounts. I can create multiple ones for different purposes/ sinking funds.

              #112119 Reply
              Jared

                Newtek bank has been at 5.25% APY since I joined in April 2023, at least.

                #112120 Reply
                Mark

                  terrible strategy. do you understand long term investing? btw. all HYSA and MMF are 99% the same. just pick one

                  #112121 Reply
                  Brandon

                    I use and recommend Wealthfront, but there are other good ones out there like SoFi and Ally.

                    I recommend reading reviews from each bank and see which one is right for you.

                    #112122 Reply
                    Kerry

                      Pick any one that you want. They’re all similar, they’re not much of an investment these days, and they’re all going to be dropping their interest rates further.

                      #112123 Reply
                      Steve

                        Whichever your bank or brokerage offers. The difference is pennies in the big picture, so focus on convenience.

                        (If you’re trying to time the market, put your cash as close to your brokerage account as possible so you only miss out on 90% of a correction.)

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