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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...
Boyish light lay
  07/22/17
yeah but then the gubmint takes 35% of that shit
Marvelous Dilemma
  07/22/17
Might as well buy REITs or investment grade bonds or even tr...
Spectacular locale toaster
  07/22/17
You say that as if there is zero risk. The treasuries that a...
Boyish light lay
  07/22/17
How do you know REITS won't decline in value
Boyish light lay
  07/22/17
just buy intc and msft and let do
Marvelous Dilemma
  07/22/17
why even bother? there are savings accounts that earn 1%.
cobalt impressive house
  07/22/17
link?
Useless church building feces
  07/22/17
https://www.ally.com/bank/online-savings-account/?nt=g&d...
cobalt impressive house
  07/22/17
not to be overly boomerish but wtf is ally bank?
Useless church building feces
  07/22/17
its online. if you just need a place to park your money with...
cobalt impressive house
  07/22/17
It's an online-only bank. No physical branches. You can depo...
trip nubile range
  07/22/17
i imagine there are deposit limits?
Marvelous Dilemma
  07/22/17
Just the FDIC limit of 250k to be insured. You can put more,...
trip nubile range
  07/22/17
Money market accounts typically yield more than savings acco...
Boyish light lay
  07/22/17
Goldman Sachs high yield savings account offering 1.2% with ...
Exhilarant salmon nowag theater stage
  07/22/17
this
Marvelous Dilemma
  07/22/17
Ty, ty
Exhilarant salmon nowag theater stage
  07/22/17
ally offers 1%
cobalt impressive house
  07/22/17
1% < 1.2%
aromatic place of business
  07/22/17
Capital One is better because of the access to branches and ...
Boyish light lay
  07/22/17
Just copped Ally 1.15%
Provocative Cruel-hearted Elastic Band Gaming Laptop
  07/22/17
cr
cobalt impressive house
  07/22/17
Unlike Ally, Capital one has a million branches and ATMs. In...
Boyish light lay
  07/22/17
Just do lose effective buying power from inflation. Great.
razzmatazz hunting ground
  07/22/17


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Reply Favorite

Date: July 22nd, 2017 6:49 PM
Author: Boyish light lay

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: Marvelous Dilemma

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: Spectacular locale toaster

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: Boyish light lay

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: Boyish light lay

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: Marvelous Dilemma

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: cobalt impressive house

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: Useless church building feces

link?

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



Reply Favorite

Date: July 22nd, 2017 6:54 PM
Author: cobalt impressive house

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: Useless church building feces

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: cobalt impressive house

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 nubile range

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: Marvelous Dilemma

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: trip nubile range

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: Boyish light lay

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: Exhilarant salmon nowag theater stage

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: Marvelous Dilemma

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: Exhilarant salmon nowag theater stage

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: cobalt impressive house

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: aromatic place of business

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: Boyish light lay

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: Provocative Cruel-hearted Elastic Band Gaming Laptop

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: cobalt impressive house

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: Boyish light lay

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: razzmatazz hunting ground

Just do lose effective buying power from inflation. Great.

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