Giulia
Mon Sep 23 2024
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5 answers
905
Do millionaires use high-yield savings accounts?
I'm curious, do millionaires typically utilize high-yield savings accounts as a means of managing their wealth? Are these types of accounts seen as a valuable tool for preserving and growing capital among those with significant financial resources? If so, what specific benefits might they offer that make them appealing to the millionaire demographic? And, on the flip side, are there any drawbacks or limitations that millionaires might need to consider before opting for a high-yield savings account?
