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“Savings” is a misnomer. It should be called “Hemorrhaging.”

If one takes the top 10 Bank US Banks and averaged their savings interest rates, the result would be .33% APY. In other words, a third of a percent per year. If you invested $10,000, that would net you $33 by the end of the year.

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from BankRate.com

At the high end of interest rates (0.6%) , by the end of the year you’d net $60.

If you think that’s a lousy interest rate for parking your money, you’d be right.

What if I told you that there was a way to consistently get 1,883% more in interest when compared to the “high” rate of .6%? At the high-end that would be around 11.3% APY. A $10,000 investment by the end of the year would net $1130. …

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Cryptozoa

Writer for Cryptozoa.com, Altcoin Magazine, The Startup, Begoner.com, GripandClip.com, et al.

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