[00:01] investor or high-risk investor, before diving into higher-risk investment, it is important to establish a solid foundation with safe investment that will preserve your capital and also make you profit. And high-yield savings
[00:15] account represents smart places where you can put your emergency fund, maybe for short-term savings, and they also give you good returns. And with returns on your money than what you get when you put it in your account in the
[00:28] investments which I have to mention in higher returns over the long term, high-yield savings account will provide you guaranteed returns with zero risk of losing your capital. And your money
[00:42] remains completely accessible, making this account perfect for maybe your emergency fund or your short-term savings goals. And in today's economy, many high-yield savings accounts can offer you interest rates between 10% to
[00:54] as high as 30%, which means that your money is actually working for you rather than losing value to inflation when you leave it in your bank account. accounts serve as a good place to
[01:06] actually start your investment journey and also have your emergency fund or maybe the cash you want to keep for long term and still earn returns on them. And on this YouTube channel, we have a video on eight high interest savings apps to
[01:18] this video, please feel free to ask me in the comment section below. I'll reply to you with the link to the video.