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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...
Beady-eyed office
  07/22/17
yeah but then the gubmint takes 35% of that shit
diverse property volcanic crater
  07/22/17
Might as well buy REITs or investment grade bonds or even tr...
useless theater stage
  07/22/17
You say that as if there is zero risk. The treasuries that a...
Beady-eyed office
  07/22/17
How do you know REITS won't decline in value
Beady-eyed office
  07/22/17
just buy intc and msft and let do
diverse property volcanic crater
  07/22/17
why even bother? there are savings accounts that earn 1%.
Lemon multi-colored tank
  07/22/17
link?
rough-skinned station
  07/22/17
https://www.ally.com/bank/online-savings-account/?nt=g&d...
Lemon multi-colored tank
  07/22/17
not to be overly boomerish but wtf is ally bank?
rough-skinned station
  07/22/17
its online. if you just need a place to park your money with...
Lemon multi-colored tank
  07/22/17
It's an online-only bank. No physical branches. You can depo...
vivacious hissy fit trailer park
  07/22/17
i imagine there are deposit limits?
diverse property volcanic crater
  07/22/17
Just the FDIC limit of 250k to be insured. You can put more,...
vivacious hissy fit trailer park
  07/22/17
Money market accounts typically yield more than savings acco...
Beady-eyed office
  07/22/17
Goldman Sachs high yield savings account offering 1.2% with ...
iridescent orchestra pit
  07/22/17
this
diverse property volcanic crater
  07/22/17
Ty, ty
iridescent orchestra pit
  07/22/17
ally offers 1%
Lemon multi-colored tank
  07/22/17
1% < 1.2%
charismatic angry windowlicker
  07/22/17
Capital One is better because of the access to branches and ...
Beady-eyed office
  07/22/17
Just copped Ally 1.15%
Hairraiser Bisexual Crackhouse Doctorate
  07/22/17
cr
Lemon multi-colored tank
  07/22/17
Unlike Ally, Capital one has a million branches and ATMs. In...
Beady-eyed office
  07/22/17
Just do lose effective buying power from inflation. Great.
Talented frisky theatre
  07/22/17


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Reply Favorite

Date: July 22nd, 2017 6:49 PM
Author: Beady-eyed office

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: diverse property volcanic crater

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: useless theater stage

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: Beady-eyed office

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: Beady-eyed office

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: diverse property volcanic crater

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: Lemon multi-colored tank

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: rough-skinned station

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: Lemon multi-colored tank

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: rough-skinned station

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: Lemon multi-colored tank

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: vivacious hissy fit trailer park

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: diverse property volcanic crater

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: vivacious hissy fit trailer park

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: Beady-eyed office

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: iridescent orchestra pit

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: diverse property volcanic crater

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: iridescent orchestra pit

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: Lemon multi-colored tank

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: charismatic angry windowlicker

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: Beady-eyed office

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: Hairraiser Bisexual Crackhouse Doctorate

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: Lemon multi-colored tank

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: Beady-eyed office

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: Talented frisky theatre

Just do lose effective buying power from inflation. Great.

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