Update - We had a Capital One 360 high interest account for over 5 years. The interest went back down last year to 1%. I was going back and forth between finding a new high-yield savings account or a money market fund to keep our savings account. I finally called Capital One and asked what products they offered with a higher interest. Over the phone they changed my account over to a "new" higher interest savings account. It was so easy. Lesson learned - stay on top of my accounts.

Good Morning everyone, I just want to share my progress for the last two (2) weeks. I visited both Schwab and Fidelity to talk with advisors about their company's financial services. I opened a brokerage account after watching the Wealth Twin video. I will be retiring soon from the Federal Government with funds in the TSP (retirement account) so I opened up a Traditional IRA and Roth IRA. I also, opened up a High Yield Savings account with CapitalOne (formerly ING). I already had a basic checking and basic savings account with CapitalOne but moved most of my money to my new High Yield Saving account.

For those of you who want to try something besides the paid version of ChatGPT, this link provides a year-long trial of Perplexity Pro. https://www.perplexity.ai/join/p/paypal-subscription I signed up for mine and am curious to see how it compares!

Would a money market account be a better choice for long term savings instead of a high yield savings account?

High-Yield Savings account - Has anyone used the American Express High Yield Savings account? We currently have the Capital One 360 but the interest is low. https://www.americanexpress.com/en-us/banking/online-savings/high-yield-savings-account/