Month: October 2022

While the best savings accounts used to come from traditional brick-and-mortar institutions, this is no longer the case at all. The reality is, many online banks and fintech companies offer savings accounts with lower fees (or no fees) these days, and their interest rates are much more competitive than you’ll find elsewhere.

Don’t believe me? Once you do some digging, you’ll quickly find that banks like Chase and Wells Fargo are offering a paltry .01% rate on their regular savings accounts.

Since you definitely want to secure the highest rates you can on your savings, it’s crucial to compare banks and their savings account offers side-by-side. We just did exactly that to help you in your search, and we highlight the best savings accounts of 2022 below.

Our Picks for Best Savings Accounts of 2022

Best Savings Accounts – Reviews

Before you open up one of the best savings accounts

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Traditional online brokerages were once intimidating to the rookie investor, so many flocked to Robinhood when the mobile-only brokerage announced new, revolutionary features in late 2014. Robinhood attracted these young stock market investors with an easy-to-use mobile app and commission-free trades. 

To sweeten the deal, Robinhood didn’t require account minimums, so even investors with limited capital could start investing. Gone were the restrictions of many investing platforms with account minimums and hefty trading commissions. Young people could trade stocks and cryptocurrency from their phones with little money upfront.

Robinhood Troubles

Things began to change for Robinhood with the meme stock rallies that took over the market during the COVID-19 pandemic. While the commission-free trading app brought in millions of new investors, many were left feeling disenfranchised when Robinhood restricted meme stock trading.

Many of these people were intent on turning investing into a mass movement and felt betrayed by Robinhood’s

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You won’t see it in any campaign ads, but Republicans plan to cause some financial friction if they win one or both houses of Congress in the November 8 midterm elections.

The GOP campaign plan is to ding President Biden and his fellow Democrats for high inflation, while exploiting voter concerns over crime and illegal immigration. It might work. Data site five-thirty-eight gives Republicans good odds of winning the House and lesser odds of winning the Senate. Republicans only need to control one chamber to block Biden’s legislative agenda and redirect Congress’s focus.

If Republicans do take the House, they seem poised to mount a debt-ceiling showdown, as has happened several times before—usually triggering voter disgust. Legislation dating to 1917 sets a limit on the total amount of federal borrowing, with Congressional approval required when the government needs to borrow more. Congress has raised the debt ceiling many times, usually

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Over the last few years, real estate prices have skyrocketed, leaving many hopeful investors feeling priced out of the market. In addition, many who once considered becoming real estate investors have realized that becoming a landlord can be overwhelming. It’s one reason that real estate crowdfunding platforms have grown in popularity in the last few years. 

When you think of crowdfunded real estate investing, Fundrise may come to mind. One of the first major players, Fundrise allowed investors to enter the real estate market without the hassle of going through the typical home-buying process. Over the last decade, many Fundrise competitors have popped up, and investors have more options than ever. 

Fundrise allows you to invest in real estate without the traditional 20% down payment, which is a hefty commitment. Instead, you can get started in real estate investing for as little as $10.

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