ilmscore | Prediction Details
"And finally, last but not least is number four, cash investments for cash flow. Now, I kept these last because this really isn't an investment. It's a way to generate some interest on this cash, then your cash really just isn't sitting idle. Right now, at the time of recording this video, the average interest rate on a bank account in the United States is about 0.4%. Which is essentially nothing, especially when you compare that to inflation. So, if you put this money into a normal savings account, you're going to be losing value. But then some people like to take this cash and put it into a CD, a certificate of deposit, which is going to pay you more than a savings account. At the time of me recording this video, the average 5-year CD in the United States is paying around 1.3%. Which means, yes, if you put your money into a CD, you're still going to be losing value to inflation. And then you can consider putting some of this cash into a high yield savings account. A high yield savings account is a savings account. They should be FDIC insured. If it's not, don't save your money there. But a lot of these high yield savings accounts are reputable banks that don't have the same overhead of a physical bank. So instead of driving into the bank branch, it's all digital, but it's still FDIC insured and it's still a normal bank. You just have to do it all digitally. And at the time of me recording this video, high yield savings accounts are paying roughly around 4% a year in interest where now we have some decent interest because the average inflation rate is right around 3%. And if you're generating 4% a year in interest from this high yield savings account, well, now at least you're not losing as much value as if you were just keeping that money in a savings account. Now, still in a high yield savings account, you're not really making much money because inflation is eating away at the value of your savings. And a lot of times, the real inflation that you're feeling is higher than the reported inflation numbers. But it's better to get something instead of nothing. in a high yield savings account definitely beats having a traditional savings account assuming that it's a actual reputable bank instead of a bank that well is not FDIsured and now you're essentially putting your money into a scam Ponzi scheme. So definitely do not do that but if you have some extra cash and you don't want to invest your money at least generating some interest whether it's a savings account or maybe even a treasury that way you can get some interest is better than not getting any interest."
By Minority Mindset | November 7, 2025 | Correct
From video
The Passive Income Lie Keeping You Broke - And Angry 00:33:58 - 00:36:01
Interpreted Prediction
High-yield savings accounts are currently paying around 4% annual interest, which is better than traditional savings accounts (0.4%) or 5-year CDs (1.3%), especially when considering inflation averaging around 3%. While not making significant profit, they preserve value better than other low-yield options.
AI Evaluation Notes
High-yield savings account rates are currently around 4.5%-5.5%. This is slightly higher than the predicted 4%, making the prediction somewhat accurate.

Prediction Details

Topic
Real Estate Hacking (Single-Family Home)

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