Chase Bank Dividends: 2% vs 0.01% Interest - Passive Income Explained

Putting your money into a savings account is a terrible way to make passive income. The bank might pay you around 0.01% on the money you save, which is very little when considering a good profit would require a large amount of money to be put in the savings account to begin with… Instead, buying shares of your bank gets you dividends, which have a higher percentage compared to a savings account. By buying shares you can make a lot more profit than you would by saving. If you made it this far, you’re interested in finance so hit that follow button for more content #Shorts #Finance #Savings #Money #Bank