ETF Alternatives to High Yield Savings Accounts

By: ETFdb
The average savings account in the U.S. offers investors a paltry 0.06% APY, with some as low as 0.01%. With rates near zero, it can certainly be difficult to grow your savings over time. There are some high yield savings accounts that offer rates between 0.90% and 1%, but they are not always the best choice for investors, as some come bundled with large minimum investments, hidden fees, and other headaches.
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