Editor's Note: We are always on the lookout for cutting-edge financial news to share with you. Below is a message from our colleagues over at InvestorPlace that we found interesting. We urge you to continue reading.
Dear Reader, Elon Musk is now paying you 15X more than your bank… Thanks to a project he’s been working on for the last 27 years. All you have to do is sign up for his new bank. My name is Luke Lango. I have a background in finance, was mentored by two hedge fund legends, and started my own investment firm before I left Caltech… And I can tell you: This is DANGEROUS news for many of my former colleagues… For years, America’s biggest banks have been telling you they have no choice but to pay you interest rates as low as 0.4% (that’s the national average). On $10,000 savings that’s just $40 a year — not even enough for a decent family meal at McDonald’s. Now, suddenly… Elon is exposing many of these bankers for the sharks they really are. He’s not offering double… or triple… or even five times the interest… But 15 times the national average — at 6% per year. If he can do that… why can’t YOUR bank pay more, too? This is just one of the radical ways Elon’s new bank is disrupting the financial sector… I, for one, think it’s time — that’s why I’m revealing you how it could impact your money (and how you should prepare) here. Now, you might think Elon’s new bank is a risky place to keep your money. But, like your current bank, your money will be insured — up to $250,000. Because of this, I believe tens of millions of Americans will flock to Elon’s new bank. In fact, already $1 billion has passed through its “vaults” in just a few days. What happens to traditional banks when even more people realize there’s an alternative that pays them a fair interest rate? It’s not going to be pretty… I show you how to get on the right side of this change here — including how to access Elon’s 15X interest rate. Regards, 
Luke Lango
Senior Investment Analyst, InvestorPlace
P.S. That 0.4% rate most banks pay doesn’t even cover inflation, which is at 3.8%. You need to earn more than that otherwise your money is worth less and less over time… In other words, you’re getting poorer. Elon’s new bank can be seen as a remedy for this… And, if you make the one money move I’m recommending quickly, you’ll also have the chance to make hundreds, even thousands of percent too… Get my instructions here. |
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