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Top related persons:
it's - 2 Jake Skelhorn - 2 Skelhorn - 2 they've - 1 haven't - 1 — - 1 we're - 1
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Ally Bank - 1 Service - 1 IRA - 1

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2 mentions found


☆ Most of my money is in a high-yield savings account. I asked a financial planner what to do with it when interest rates drop.
  + stars: | 2024-07-20 | by ( Jen Glantz | Avril Ayers | Read More | ) www.businessinsider.com   time to read: +4 min
I asked a financial planner whether I should take money out of savings if interest rates drop. I haven't felt ready to follow their advice, especially since my high-yield savings account at Ally Bank has been offering 4% to 5% APY on the money in the account. If that happens, it might make sense for me to move money out of my high-yield savings account. I met with certified financial planner Jake Skelhorn, who shared three things I can do with that cash if interest rates drop. "While more volatile year-to-year, stock market returns have averaged approximately 10%, which is about double what you're getting in a high-yield savings account today."
Persons: it's, they've, haven't, Jake Skelhorn, Skelhorn Organizations: Ally Bank
☆ I want to diversify my investments with gold, so I asked a financial planner what I should know before starting
  + stars: | 2024-07-13 | by ( Jen Glantz | Avril Ayers | Read More | ) www.businessinsider.com   time to read: +4 min
Instead, buying gold makes sense if it's a way to diversify my investments — and gold IRAs work well. Before buying gold, he told me to consider all the other costs I might face. Investing in gold can diversify your portfolioSkelhorn did confirm that investing in gold could be a good way to diversify my portfolio. However, he said that before buying gold bars, we should understand there could be added fees depending on how we buy and store it. Whether you're opening a Gold IRA or buying physical gold to diversify your portfolio, Goldco can help you seamlessly navigate the process.
Persons: Jake Skelhorn, —, we're, Skelhorn, it's Organizations: Service, IRA
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