02.13.23 Go Get Higher Savings Yields / Your Continuity Of Healthcare
The Clark Howard Podcast
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Schwab, Is Schwab Behaving Like One of the Brokerage Operations of a Giant Monster Mega Bank?
The interest rates you earn on these money market funds with Fidelity and Vanguard, they go up and down every day just based on what the flow of money is in the marketplace. Now, another of my three favorite children, Schwab, is kind of in a penalty box with me on this. They're paying about 0.45 percent, less than half a percent, where Fidelity andanguard are paying 10 times that. Why would Schwab behave like one of the brokerage operations of a giant monster mega bank? They shouldn't be behaving that way. And if you're a Schwab customer, just do the move to move your money forward so that you're doing better with your money
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