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Boost Savings with High-Yield Accounts
Trivia: What's the longest road in America?
RetireHub
November 18, 2024
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Good morning from RetireHub!
It's Monday and today we're diving into how to boost your savings with high-yield accounts. As always, we have exciting deals, tips, and more to brighten your day!
🚨Heads up! It's not the publicly traded tech giant you might expect… Meet $MODE, the disruptor turning phones into potential income generators. Investors are buzzing about the company's pre-IPO offering.1
📲Mode saw 32,481% revenue growth from 2019 to 2022, ranking them the #1 overall software company on Deloitte’s most recent fastest-growing companies list2 by aiming to pioneer "Privatized Universal Basic Income" powered by technology—not government. Their flagship product, EarnPhone, has already helped consumers earn & save $325M+.
🫴 Mode’s Pre-IPO offering1 is live at $0.25/share — 20,000+ shareholders already participated in its previous sold-out offering. There’s still time to get in on Mode’s pre-IPO raise and even lock in 100% bonus shares3… but only until their current raise closes for good.
Top Deals From Around The Web
Each day we find the best online deals so you don’t have to!
On this day in 1869, the Suez Canal was officially inaugurated, dramatically connecting the Mediterranean Sea to the Red Sea and revolutionizing global trade routes, saving ships from the long journey around Africa.
RetireHub Poll
What matters most to you when choosing a high-yield savings account? |
Supercharge Your Savings with High-Yield Accounts
Looking to give your savings a little extra oomph? High-yield savings accounts might just be your new best friend. They're like your regular savings account but with way better interest rates. Here's the scoop:
What Are High-Yield Savings Accounts?
Think of them as the overachievers of the banking world. While traditional savings accounts might offer interest rates around 0.01%, high-yield accounts can offer rates that are 10 to 20 times higher!
Why Should You Care?
Grow Your Money Faster: Higher interest means more money in your pocket without any extra effort.
Safe and Secure: They're typically FDIC-insured up to $250,000, so your cash is in safe hands.
Easy Access: Most are offered by online banks, so you can manage your money anytime, anywhere.
Things to Keep in Mind
Minimum Balance Requirements: Some accounts require a minimum deposit to get those juicy rates.
Potential Fees: Watch out for monthly maintenance fees or withdrawal limits.
Variable Rates: Interest rates can fluctuate with the market, so keep an eye on your account.
How to Get Started
Do Some Digging: Compare rates from different banks. websites like Bankrate list current offers.
Read the Fine Print: Make sure you understand all the terms before jumping in.
Open an Account: Most banks let you open an account online in just a few minutes.
Switching to a high-yield savings account is like giving your money a little boost. It’s a simple move that can make a big difference over time.
Happy saving!
Yesterday’s Poll Results - How do you feel about taking photos?
There was a steady mix of those who love taking photos, and those who prefer to stay behind the camera!
Thanks to the many of you who vote and comment every day.
Our Favorite Comments:
“I love having the photos for my memory books I create.”
“I love photos but everyone, including me, don't look like they used to. I'm trying to develop a new attitude and just be accepting. ”
“Although a professional photographer, I am constantly taking and editing photos on my iPhone. Currently I have 34,502 items (and counting) stored in it.”
“My camera is always ready! I take so many photos, almost every day! So many memories and moments captured forever! ”
“I have no problem with taking or being in photos (depending on how I look). My preference is taking photos of our pets (any pets actually).”
While we can’t publish them all, we do read and appreciate every comment. Some comments are edited to make room for more contributions.
Apple’s recent $3T valuation has spurred a series of impressive raises among smartphone innovators — and $MODE’s pre-IPO offering1 is no exception. It’s now live at $0.25/share — lock in up to 100% bonus shares3 while the raise lasts.4
WHAT WE’RE READING
Here’s a free downloadable book we think you’ll enjoy today. Limited-time promotion!
 | By Lucy Emblem She’s happy with her furry friends, friendly coffee shop, and peaceful town. When Tamsin stumbles upon a suspicious death - a dead body right outside her dog class - can she sniff out the truth? If you like good-hearted heroines, cute canines, and frisky fun, then you’ll adore Lucy Emblem’s delightful doggie-themed treat. |
Senior Living News From Around the Web
Curiosity: Keeping Life Interesting
Curiosity is a wonderful trait that keeps life exciting and fulfilling, especially as we age. It encourages us to learn new things, explore our surroundings, and forge deeper connections with others. In this delightful read, the author shares how nurturing a curious mindset can enhance our everyday experiences, sharpen our minds, and even spark creativity. So why not embrace a bit of curiosity in your life? You never know where it might lead you!
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Longevity Tip of the Day
Unlock the Secrets of World Rhythms — Dive into the world of global music by exploring diverse rhythms and dance styles from different cultures. Choose a country each month and immerse yourself in its traditional music and dances. Not only will this keep your mind agile by learning new patterns and movements, but it will also enhance your physical well-being through dance. You might even find yourself developing a deeper appreciation for cultures worldwide. Plus, it’s a fun way to stay active while also sparking joy and creativity in your life!
Slang Phrase of the Day
Phrase: “Stealth Mode”
Meaning: "Stealth Mode" describes someone who is going about their business quietly or without drawing attention, often used when someone is trying to avoid drama or stay under the radar.
In a sentence: “I've been in stealth mode lately, just staying focused on my work and avoiding any unnecessary distractions.”
Good News of the Day
A Rare Pink Pigeon Reared by Hand at a UK Zoo!
For the first time, a rare pink pigeon has been hand-raised at Paignton Zoo in England, which is a huge step for this endangered species! These beautiful birds were almost extinct back in 1991, with just nine left in the wild. Thanks to some passionate conservation work and an innovative feeding technique developed by a dedicated zookeeper, their numbers have jumped to around 500! It’s incredible to see people come together to save our feathered friends.
Other Publications We Like
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RetireHub Trivia
Want more trivia? Try our brand new “Nostalgia Trivia Game” on our website! New questions daily!
If you’re a fan of other classic games, you can try any of these below:
Which U.S. city famously reversed the flow of its river in 1900 to protect its drinking water supply, showcasing a major engineering feat of the time? |
In 1954, which life-saving vaccine was developed by Dr. Jonas Salk, leading to the near-eradication of a once widespread and crippling disease? |
Which U.S. highway is the longest road in America, stretching over 3,000 miles from Boston, Massachusetts, to Newport, Oregon? |
How was today's newsletter? |
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Advertiser’s Disclosures
1 Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.
2 The rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.
3 A minimum investment of $1,950 is required to receive bonus shares. 100% bonus shares are offered on investments of $9,950+.
4 Please read the offering circular and related risks at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering.
Past performance is no guarantee of future results. Start-up investments are speculative and involve a high degree of risk. Those investors who cannot afford to lose their entire investment should not invest in start-ups. Companies seeking startup investment tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Further, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns.
DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck.