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Capital One Money Market account yields 1.1 percent

True, it's lower than the historical returns of stocks and b...
razzle stage partner
  07/22/17
yeah but then the gubmint takes 35% of that shit
at-the-ready half-breed stage
  07/22/17
Might as well buy REITs or investment grade bonds or even tr...
olive telephone home
  07/22/17
You say that as if there is zero risk. The treasuries that a...
razzle stage partner
  07/22/17
How do you know REITS won't decline in value
razzle stage partner
  07/22/17
just buy intc and msft and let do
at-the-ready half-breed stage
  07/22/17
why even bother? there are savings accounts that earn 1%.
provocative tanning salon persian
  07/22/17
link?
khaki yarmulke
  07/22/17
https://www.ally.com/bank/online-savings-account/?nt=g&d...
provocative tanning salon persian
  07/22/17
not to be overly boomerish but wtf is ally bank?
khaki yarmulke
  07/22/17
its online. if you just need a place to park your money with...
provocative tanning salon persian
  07/22/17
It's an online-only bank. No physical branches. You can depo...
racy awkward meetinghouse giraffe
  07/22/17
i imagine there are deposit limits?
at-the-ready half-breed stage
  07/22/17
Just the FDIC limit of 250k to be insured. You can put more,...
racy awkward meetinghouse giraffe
  07/22/17
Money market accounts typically yield more than savings acco...
razzle stage partner
  07/22/17
Goldman Sachs high yield savings account offering 1.2% with ...
glittery parlour
  07/22/17
this
at-the-ready half-breed stage
  07/22/17
Ty, ty
glittery parlour
  07/22/17
ally offers 1%
provocative tanning salon persian
  07/22/17
1% < 1.2%
swollen locus
  07/22/17
Capital One is better because of the access to branches and ...
razzle stage partner
  07/22/17
Just copped Ally 1.15%
Chest-beating emerald property mexican
  07/22/17
cr
provocative tanning salon persian
  07/22/17
Unlike Ally, Capital one has a million branches and ATMs. In...
razzle stage partner
  07/22/17
Just do lose effective buying power from inflation. Great.
Comical incel mental disorder
  07/22/17


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Reply Favorite

Date: July 22nd, 2017 6:49 PM
Author: razzle stage partner

True, it's lower than the historical returns of stocks and bonds. But you'll have peace of mind. Don't have to be glued to the screen waiting for bubbles and crashes.

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832602)



Reply Favorite

Date: July 22nd, 2017 6:50 PM
Author: at-the-ready half-breed stage

yeah but then the gubmint takes 35% of that shit

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832603)



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Date: July 22nd, 2017 6:51 PM
Author: olive telephone home

Might as well buy REITs or investment grade bonds or even treasuries.

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832611)



Reply Favorite

Date: July 22nd, 2017 7:11 PM
Author: razzle stage partner

You say that as if there is zero risk. The treasuries that are pretty much zero risk don't yield that much more than these accounts, but without FDIC insurance.

You still have to monitor any portfolio of bonds and stocks you have.

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832748)



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Date: July 22nd, 2017 7:11 PM
Author: razzle stage partner

How do you know REITS won't decline in value

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832749)



Reply Favorite

Date: July 22nd, 2017 7:13 PM
Author: at-the-ready half-breed stage

just buy intc and msft and let do

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832760)



Reply Favorite

Date: July 22nd, 2017 6:52 PM
Author: provocative tanning salon persian

why even bother? there are savings accounts that earn 1%.

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832619)



Reply Favorite

Date: July 22nd, 2017 6:53 PM
Author: khaki yarmulke

link?

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832624)



Reply Favorite

Date: July 22nd, 2017 6:54 PM
Author: provocative tanning salon persian

https://www.ally.com/bank/online-savings-account/?nt=g&d=c&ag=44812528547&key=kwd-302091306443&ad=204371303692&ex=&cid=71700000022771382&agid=58700002389379409&kwid=p20340588159&CP=ppc2017g&hash=&gclid=EAIaIQobChMIr6f82P2d1QIVSLjACh3alg3pEAAYAiAAEgJ1fPD_BwE

no fees no minimum balance

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832633)



Reply Favorite

Date: July 22nd, 2017 6:56 PM
Author: khaki yarmulke

not to be overly boomerish but wtf is ally bank?

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832641)



Reply Favorite

Date: July 22nd, 2017 6:56 PM
Author: provocative tanning salon persian

its online. if you just need a place to park your money with a high yield accounts its cr.

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832651)



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Date: July 22nd, 2017 6:57 PM
Author: racy awkward meetinghouse giraffe

It's an online-only bank. No physical branches. You can deposit checks using their phone app.

It used to be GMAC's banking unit until 2009 when the name was changed and it went online-only.

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832659)



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Date: July 22nd, 2017 7:05 PM
Author: at-the-ready half-breed stage

i imagine there are deposit limits?

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832703)



Reply Favorite

Date: July 22nd, 2017 7:25 PM
Author: racy awkward meetinghouse giraffe

Just the FDIC limit of 250k to be insured. You can put more, it's just the excess is not insured.

To earn these interest rates, no, it doesn't have an upper limit (other banks often do). You earn the stated interest rate on the full amount you have deposited.

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832858)



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Date: July 22nd, 2017 7:08 PM
Author: razzle stage partner

Money market accounts typically yield more than savings accounts. Plus I believe you can draft up to 6 checks a month with a money market.

It's also FDIC insured.

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832731)



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Date: July 22nd, 2017 6:52 PM
Author: glittery parlour

Goldman Sachs high yield savings account offering 1.2% with no minimum.

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832621)



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Date: July 22nd, 2017 6:52 PM
Author: at-the-ready half-breed stage

this

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832623)



Reply Favorite

Date: July 22nd, 2017 6:53 PM
Author: glittery parlour

Ty, ty

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832631)



Reply Favorite

Date: July 22nd, 2017 6:53 PM
Author: provocative tanning salon persian

ally offers 1%

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832626)



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Date: July 22nd, 2017 7:03 PM
Author: swollen locus

1% < 1.2%

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832685)



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Date: July 22nd, 2017 7:10 PM
Author: razzle stage partner

Capital One is better because of the access to branches and ATMs. Plus you link a checking account if you need to write a lot of checks.

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832739)



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Date: July 22nd, 2017 6:55 PM
Author: Chest-beating emerald property mexican

Just copped Ally 1.15%

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832637)



Reply Favorite

Date: July 22nd, 2017 6:56 PM
Author: provocative tanning salon persian

cr

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832644)



Reply Favorite

Date: July 22nd, 2017 7:07 PM
Author: razzle stage partner

Unlike Ally, Capital one has a million branches and ATMs. In NYC at least. So you link it with a checking account and use the latter account for liquidity. You can actually make up to 6 transactions a month with a money market.

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832718)



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Date: July 22nd, 2017 7:33 PM
Author: Comical incel mental disorder

Just do lose effective buying power from inflation. Great.

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832915)