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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...
Poppy big pit circlehead
  07/22/17
yeah but then the gubmint takes 35% of that shit
Arousing nursing home gunner
  07/22/17
Might as well buy REITs or investment grade bonds or even tr...
titillating house jew
  07/22/17
You say that as if there is zero risk. The treasuries that a...
Poppy big pit circlehead
  07/22/17
How do you know REITS won't decline in value
Poppy big pit circlehead
  07/22/17
just buy intc and msft and let do
Arousing nursing home gunner
  07/22/17
why even bother? there are savings accounts that earn 1%.
Kink-friendly home queen of the night
  07/22/17
link?
beta church deer antler
  07/22/17
https://www.ally.com/bank/online-savings-account/?nt=g&d...
Kink-friendly home queen of the night
  07/22/17
not to be overly boomerish but wtf is ally bank?
beta church deer antler
  07/22/17
its online. if you just need a place to park your money with...
Kink-friendly home queen of the night
  07/22/17
It's an online-only bank. No physical branches. You can depo...
Honey-headed Provocative Hell
  07/22/17
i imagine there are deposit limits?
Arousing nursing home gunner
  07/22/17
Just the FDIC limit of 250k to be insured. You can put more,...
Honey-headed Provocative Hell
  07/22/17
Money market accounts typically yield more than savings acco...
Poppy big pit circlehead
  07/22/17
Goldman Sachs high yield savings account offering 1.2% with ...
Naked awkward athletic conference
  07/22/17
this
Arousing nursing home gunner
  07/22/17
Ty, ty
Naked awkward athletic conference
  07/22/17
ally offers 1%
Kink-friendly home queen of the night
  07/22/17
1% < 1.2%
federal cobalt crotch son of senegal
  07/22/17
Capital One is better because of the access to branches and ...
Poppy big pit circlehead
  07/22/17
Just copped Ally 1.15%
Submissive glittery theater stage
  07/22/17
cr
Kink-friendly home queen of the night
  07/22/17
Unlike Ally, Capital one has a million branches and ATMs. In...
Poppy big pit circlehead
  07/22/17
Just do lose effective buying power from inflation. Great.
abusive den
  07/22/17


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Reply Favorite

Date: July 22nd, 2017 6:49 PM
Author: Poppy big pit circlehead

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: Arousing nursing home gunner

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: titillating house jew

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: Poppy big pit circlehead

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: Poppy big pit circlehead

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: Arousing nursing home gunner

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: Kink-friendly home queen of the night

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: beta church deer antler

link?

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



Reply Favorite

Date: July 22nd, 2017 6:54 PM
Author: Kink-friendly home queen of the night

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: beta church deer antler

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: Kink-friendly home queen of the night

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: Honey-headed Provocative Hell

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: Arousing nursing home gunner

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: Honey-headed Provocative Hell

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: Poppy big pit circlehead

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: Naked awkward athletic conference

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: Arousing nursing home gunner

this

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



Reply Favorite

Date: July 22nd, 2017 6:53 PM
Author: Naked awkward athletic conference

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: Kink-friendly home queen of the night

ally offers 1%

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



Reply Favorite

Date: July 22nd, 2017 7:03 PM
Author: federal cobalt crotch son of senegal

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: Poppy big pit circlehead

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: Submissive glittery theater stage

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: Kink-friendly home queen of the night

cr

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



Reply Favorite

Date: July 22nd, 2017 7:07 PM
Author: Poppy big pit circlehead

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: abusive den

Just do lose effective buying power from inflation. Great.

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