HYSAs have outperformed the DOW since Trump took office

[Johnny2X2X]

High Yield Savings Accounts have been a better place for your money than the DOW since Trumps inauguration.

So GTFO with this, "But the DOW is over 50,000" garbage. It's been a terrible 14 months for Stocks! DOW was 44,424 when Trump took it over, it's 45,800 right now, a 3.0% return in 14 months. The DOW has averaged +10.4% per year over the last 30 years.+

The economy is in literal shambles. Jerome Powell yesterday:
"Effectively, there's zero net job creation in the private sector," after accounting for revisions over the past six months, Jerome Powell said. "But actually, that looks like that's about what the economy needs, in terms of dealing with very, very low — nonexistent, really — growth in the labor force, which of course we've never had in our history."

Inflation is rising again. GDP is taking. No jobs created means workers are about to get hammered. We're heading towards a disaster that could make 2008 look like good times. And as it's hitting, people are going to realize Trump completely dismantled the social programs that help working families survive recessions. We are going to see things get scary and very ugly when people can't feed their families.

We have to get off this train. It's a madhouse.

[617Blue]

1. nonexistent -- growth in the labor force, which of course we've never had in our history

This should be a screaming headline everywhere.

[Johnny2X2X]

2. It really should

This is a bigger deal than inflation and is getting like 1/1000th the coverage in the media. The working class is about to be decimated and no one cares. 14 months with no jobs added is simply a recipe for a Depression, it's a severe crisis and the country needs to be informed.

GDP tanking. No new jobs. And Inflation is back on the rise. Economy is pretty much screwed.

[LakeVermilion]

3. Very soon...

there will be openings in the military.

[Fiendish Thingy]

4. That is only true for this exact instant in time

It wasn’t true even a couple of weeks ago, and won’t be true a year from now, because if markets continue to fall, and inflation climbs interest rates will drop, taking HYSA with it.

My portfolio made 16% last year. HYSA’s pay what, 1.9% for a minimum $10k balance?

Kind of a misleading metric for a headline IMO.

[Johnny2X2X]

5. You can get 3.8% on a HYSA still

Could get 5% early last year.

[Fiendish Thingy]

6. What's the minimum balance required

And how long is the term (assuming it is a CD and not a simple savings account- No FDIC bank is offering that)

[Johnny2X2X]

7. No balance minimum at Marcus by GS

https://www.marcus.com/us/en/savings/high-yield-savings?prd=os&chl=ps&schl=psg&cid=1897658850&agp=142675717174&gclsrc=aw.ds&gad_source=1&gad_campaignid=1897658850&gbraid=0AAAAACy1HVI4tjCjCqcjgNcAzx1K7iNmV&gclid=Cj0KCQjwve7NBhC-ARIsALZy9HXL70htljb6xzKLKG9Ekz3TOw9XBZS7KnMYtQnyambmpaSXsXpS580aAtxnEALw_wcB

3.65% today, no fees or minimum deposit. Withdraw any time. It's a standard Savings Account.

[Fiendish Thingy]

9. No thanks

I’ll take my balanced and diversified portfolio any day, even in down years.

That Marcus account didn’t outperform the S&P for 2025, and if things continue the way they are, it won’t in 2026, as the interest rate will drop precipitously.

[Johnny2X2X]

10. It's not an investment

But my emergency fund is plopped in a HYSA. Gives me a warm feeling seeing it go up a few tens of dollar every month.

The whole point though is that the DOW, which Trump and his cabal brag endlessly about, is being outperformed since he took office by freaking savings accounts.

[Fiendish Thingy]

13. The outperformance has only occurred in the past few weeks

And isn’t likely to continue over the long run, unless Goldman Sachs intends to deliberately choose to become insolvent.

[yellowcanine]

8. Pam Bondi braying about the Dow over 50,000......

just a few weeks ago to deflect from Epstein etc. - well that didn’t age so well.

[Johnny2X2X]

12. That's the whole point of this thread

They can't even brag about the DOW anymore, it's performance under Trump has been pathetic.

[ananda]

11. This is why I got a good yeild CD last July.

So far so good.