Treasury bill ETF yield in November 2024
Treasury Bills or T-Bills are short-term securities with maturity of one year or less. Bills are sold at face value or at a discount from the face value. When they mature, you're paid the face value.
167% return on series I savings bonds
Compared to a 26% loss on cash in savings accounts, between 1998 and 2022. If you saved $10,000/year for the last 25 years, your $250,000 savings, after interest and inflation, would have returned: $1.1 trillion was lost in purchasing power of savings accounts in 2022, due
$33 billion in bank fees charged in 2022
The fees paid by US consumers to banks in 2022 were greater than the GDP of 101 out of 193 countries in the World. Compared to 2021, bank fees decreased by 3% to $33B, reflecting 12% decrease in overdraft fees to $7.7B. Total amount (billion) of bank fees collected
6 best high-yield bank accounts in 2022
Interest rates ranged from zero, for 30% of all accounts, to a national average of 0.47% across all banks. The 6 most competitive banks offering the highest yields were: Their combined market share of deposits increased 14% to 5%, compared to 2021. Top Rate vs.'21 % Average Rate
6 no-fee banks in 2022
Best banks for saving money in the last decade
Goldman Sachs, preceded by Capital One and American Express Bank out of the 60 largest financial institutions in the US by deposits, paid the highest annual interest to depositors in the last decade. Due to high inflation and low interest rates offered by the largest banks, depositors lost $3.54