155. S&P 500 vs High Yield Savings Account: Which is Better?

155. S&P 500 vs High Yield Savings Account: Which is Better?

Author: Matt Gebre December 21, 2024 Duration: 5:02

When considering where to invest your hard-earned money, two popular options often emerge: the S&P 500 and high-yield savings accounts. Both offer unique advantages and drawbacks, and understanding these nuances can significantly impact your financial future. In this video we'll look into the key differences and help you make informed to figure out which is best for you.


Engineer Matt Gebre brings a practical and deeply personal perspective to money matters on the Habesha Finance Podcast. As the son of two Habesha immigrants, he approaches finance with the understanding that there is no single, rigid path to security and freedom. Instead, he shares the strategies and knowledge he’s gathered, aiming to help others build independence and solve their unique money problems. You’ll hear conversations that feel like practical advice from a knowledgeable friend, covering a wide range of essential topics. These discussions move seamlessly from foundational personal finance-like saving effectively for retirement or navigating college without crippling debt-to broader entrepreneurial thinking. A distinctive thread running through this podcast is Matt’s focus on the experiences and insights of Ethiopian and Eritrean entrepreneurs, offering valuable lessons and inspiration drawn from specific cultural and community contexts. The overall tone is exploratory and grounded, rejecting one-size-fits-all answers in favor of relatable, actionable ideas. Tuning into this podcast means getting a clear-eyed look at building wealth and stability, informed by both technical know-how and real-world, community-centered stories.
Author: Language: English Episodes: 100

Habesha Finance Podcast
Podcast Episodes
135. Top 401(k) Mistakes You Must AVOID - I Wish I Knew This [not-audio_url] [/not-audio_url]

Duration: 8:48
Here are the top 5 401(k) mistakes you need to avoid otherwise you could end up paying a lot of money in fees and penalties. WATCH NEXT ➡️ 4 BEST Investing Accounts YOU Need to Open Today! https://youtu.be/1fTdwZaphCE I…
134. Know THIS Before You Invest in the S&P 500 Index [not-audio_url] [/not-audio_url]

Duration: 3:49
The S&P 500 Index appears to be recovering from one of it's more recent lowest points in October 2022. BEFORE you go buy index funds and ETFs that track the S&P 500 make sure you watch this video! WATCH NEXT ➡️ I Switche…
133. Health Savings Account Explained - Is an HSA Must Have? [not-audio_url] [/not-audio_url]

Duration: 10:58
WATCH NEXT ➡️ I Switched to CIT Bank’s High Yield Savings Account. Worth it? https://youtu.be/rGIUTUTwUUw Reasons You Won’t Qualify for a High Yield Savings Account ⁠https://youtu.be/cnE81PT_thE⁠ 4 Stages to Saving $1,00…
132. Apple’s NEW High Yield Savings Account - Worth It? [not-audio_url] [/not-audio_url]

Duration: 11:24
Apple LAUNCHES new high yield savings account with Goldman Sachs, but is it worth the hype and should you apply? Apple’s instructions to setup Savings ➡️ https://support.apple.com/en-us/HT213451 WATCH NEXT ➡️ Reasons You…
130. 8 BEST High Yield Savings Accounts of 2023 (March Update) [not-audio_url] [/not-audio_url]

Duration: 6:58
High Yield Savings Accounts (HYSA) are currently offering some of the highest interest rates in March 2023 we've seen in a long time. In this video I am going to discuss 8 different high yield savings accounts with APYs…
129. Know THIS Before You Open a High Yield Savings Account [not-audio_url] [/not-audio_url]

Duration: 3:03
These 3 important lessons about high yield savings accounts are ones you need to know so you can benefit financially and avoid potential mistakes. WATCH NEXT ➡️ 7 Pillars of Financial Independence That Will Make You Rich…