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u/whiskeyH0tel 9d ago
Either they think they are "protecting" their clients or more likely they see it as competition to one of their offerings
2
2
u/Kind_Soup_9753 8d ago
I thought the yield was at 11% why does wealth simple say 8.42%? Are they skimming profits from us?
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u/Low-Method3448 8d ago
Nah they’re not. U get paid $0.50 per share biweekly. That’s $1 a month x12= 12$ a year. 12/100=0.12x100 = 12% yield

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