“Banks are keeping billions of dollars from Americans… Right now, according to the Financial Industry Regulatory Authority, about $350 billion is sitting in brokerage accounts earning an average of 0.12%. That’s about $420 million in interest. But if all those people with that cash just sitting there moved it to an account earning 1%, the interest earning soars to $3.5 billion a year. That’s like leaving nearly $3.4 billion in free money on the table. Make your money work for you. Stop letting these banks steal your interest.” -David Eifrig
Posts Tagged ‘billions’
Free Money?
Posted: March 21, 2018 in Private Reserve StrategyTags: accounts, Americans, authority, average, banks, billion, billions, brokerage, Cash, dollars, earning, financial, free, interest, million, Money, steal, work
