The moment I realized my bank's savings rate was a joke

I kept 30k in a regular savings account earning 0.01% APY for like 2 years, thinking it was safer at the bank. Then a buddy showed me his brokerage account pulling 4.5% on a money market fund, and I felt like an absolute fool. Anyone else wake up to how much free money you're leaving on the table?

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phoenixb664mo ago

@xena886 yeah I moved it to a high yield savings account next day.

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xena8864mo ago

Did you move your money out of that savings account after your buddy showed you what he was getting?

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