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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...
heady rambunctious volcanic crater abode
  07/22/17
yeah but then the gubmint takes 35% of that shit
beady-eyed personal credit line
  07/22/17
Might as well buy REITs or investment grade bonds or even tr...
Deep puppy friendly grandma
  07/22/17
You say that as if there is zero risk. The treasuries that a...
heady rambunctious volcanic crater abode
  07/22/17
How do you know REITS won't decline in value
heady rambunctious volcanic crater abode
  07/22/17
just buy intc and msft and let do
beady-eyed personal credit line
  07/22/17
why even bother? there are savings accounts that earn 1%.
Fragrant depressive
  07/22/17
link?
light big parlor hairy legs
  07/22/17
https://www.ally.com/bank/online-savings-account/?nt=g&d...
Fragrant depressive
  07/22/17
not to be overly boomerish but wtf is ally bank?
light big parlor hairy legs
  07/22/17
its online. if you just need a place to park your money with...
Fragrant depressive
  07/22/17
It's an online-only bank. No physical branches. You can depo...
Trip point
  07/22/17
i imagine there are deposit limits?
beady-eyed personal credit line
  07/22/17
Just the FDIC limit of 250k to be insured. You can put more,...
Trip point
  07/22/17
Money market accounts typically yield more than savings acco...
heady rambunctious volcanic crater abode
  07/22/17
Goldman Sachs high yield savings account offering 1.2% with ...
excitant brunch
  07/22/17
this
beady-eyed personal credit line
  07/22/17
Ty, ty
excitant brunch
  07/22/17
ally offers 1%
Fragrant depressive
  07/22/17
1% < 1.2%
Cerebral indigo spot
  07/22/17
Capital One is better because of the access to branches and ...
heady rambunctious volcanic crater abode
  07/22/17
Just copped Ally 1.15%
awkward drunken trump supporter theater stage
  07/22/17
cr
Fragrant depressive
  07/22/17
Unlike Ally, Capital one has a million branches and ATMs. In...
heady rambunctious volcanic crater abode
  07/22/17
Just do lose effective buying power from inflation. Great.
180 garrison
  07/22/17


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Date: July 22nd, 2017 6:49 PM
Author: heady rambunctious volcanic crater abode

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)



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Date: July 22nd, 2017 6:50 PM
Author: beady-eyed personal credit line

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: Deep puppy friendly grandma

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)



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Date: July 22nd, 2017 7:11 PM
Author: heady rambunctious volcanic crater abode

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: heady rambunctious volcanic crater abode

How do you know REITS won't decline in value

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



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Date: July 22nd, 2017 7:13 PM
Author: beady-eyed personal credit line

just buy intc and msft and let do

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



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Date: July 22nd, 2017 6:52 PM
Author: Fragrant depressive

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

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



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Date: July 22nd, 2017 6:53 PM
Author: light big parlor hairy legs

link?

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



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Date: July 22nd, 2017 6:54 PM
Author: Fragrant depressive

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)



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Date: July 22nd, 2017 6:56 PM
Author: light big parlor hairy legs

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: Fragrant depressive

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: Trip point

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: beady-eyed personal credit line

i imagine there are deposit limits?

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



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Date: July 22nd, 2017 7:25 PM
Author: Trip point

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: heady rambunctious volcanic crater abode

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: excitant brunch

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: beady-eyed personal credit line

this

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



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Date: July 22nd, 2017 6:53 PM
Author: excitant brunch

Ty, ty

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



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Date: July 22nd, 2017 6:53 PM
Author: Fragrant depressive

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: Cerebral indigo spot

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: heady rambunctious volcanic crater abode

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: awkward drunken trump supporter theater stage

Just copped Ally 1.15%

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



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Date: July 22nd, 2017 6:56 PM
Author: Fragrant depressive

cr

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



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Date: July 22nd, 2017 7:07 PM
Author: heady rambunctious volcanic crater abode

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: 180 garrison

Just do lose effective buying power from inflation. Great.

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