\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Capital One Money Market account yields 1.1 percent

True, it's lower than the historical returns of stocks and b...
infuriating weed whacker black woman
  07/22/17
yeah but then the gubmint takes 35% of that shit
Zippy forum
  07/22/17
Might as well buy REITs or investment grade bonds or even tr...
Flatulent Elastic Band Indian Lodge
  07/22/17
You say that as if there is zero risk. The treasuries that a...
infuriating weed whacker black woman
  07/22/17
How do you know REITS won't decline in value
infuriating weed whacker black woman
  07/22/17
just buy intc and msft and let do
Zippy forum
  07/22/17
why even bother? there are savings accounts that earn 1%.
Crusty nibblets space
  07/22/17
link?
offensive boistinker sanctuary
  07/22/17
https://www.ally.com/bank/online-savings-account/?nt=g&d...
Crusty nibblets space
  07/22/17
not to be overly boomerish but wtf is ally bank?
offensive boistinker sanctuary
  07/22/17
its online. if you just need a place to park your money with...
Crusty nibblets space
  07/22/17
It's an online-only bank. No physical branches. You can depo...
hot striped hyena
  07/22/17
i imagine there are deposit limits?
Zippy forum
  07/22/17
Just the FDIC limit of 250k to be insured. You can put more,...
hot striped hyena
  07/22/17
Money market accounts typically yield more than savings acco...
infuriating weed whacker black woman
  07/22/17
Goldman Sachs high yield savings account offering 1.2% with ...
Insecure native juggernaut
  07/22/17
this
Zippy forum
  07/22/17
Ty, ty
Insecure native juggernaut
  07/22/17
ally offers 1%
Crusty nibblets space
  07/22/17
1% < 1.2%
thirsty elite ape
  07/22/17
Capital One is better because of the access to branches and ...
infuriating weed whacker black woman
  07/22/17
Just copped Ally 1.15%
talented outnumbered office karate
  07/22/17
cr
Crusty nibblets space
  07/22/17
Unlike Ally, Capital one has a million branches and ATMs. In...
infuriating weed whacker black woman
  07/22/17
Just do lose effective buying power from inflation. Great.
tan locale
  07/22/17


Poast new message in this thread



Reply Favorite

Date: July 22nd, 2017 6:49 PM
Author: infuriating weed whacker black woman

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: Zippy forum

yeah but then the gubmint takes 35% of that shit

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



Reply Favorite

Date: July 22nd, 2017 6:51 PM
Author: Flatulent Elastic Band Indian Lodge

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: infuriating weed whacker black woman

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)



Reply Favorite

Date: July 22nd, 2017 7:11 PM
Author: infuriating weed whacker black woman

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: Zippy forum

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: Crusty nibblets space

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: offensive boistinker sanctuary

link?

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



Reply Favorite

Date: July 22nd, 2017 6:54 PM
Author: Crusty nibblets space

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: offensive boistinker sanctuary

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: Crusty nibblets space

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)



Reply Favorite

Date: July 22nd, 2017 6:57 PM
Author: hot striped hyena

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)



Reply Favorite

Date: July 22nd, 2017 7:05 PM
Author: Zippy forum

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: hot striped hyena

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)



Reply Favorite

Date: July 22nd, 2017 7:08 PM
Author: infuriating weed whacker black woman

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)



Reply Favorite

Date: July 22nd, 2017 6:52 PM
Author: Insecure native juggernaut

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)



Reply Favorite

Date: July 22nd, 2017 6:52 PM
Author: Zippy forum

this

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



Reply Favorite

Date: July 22nd, 2017 6:53 PM
Author: Insecure native juggernaut

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: Crusty nibblets space

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: thirsty elite ape

1% < 1.2%

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



Reply Favorite

Date: July 22nd, 2017 7:10 PM
Author: infuriating weed whacker black woman

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)



Reply Favorite

Date: July 22nd, 2017 6:55 PM
Author: talented outnumbered office karate

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: Crusty nibblets space

cr

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



Reply Favorite

Date: July 22nd, 2017 7:07 PM
Author: infuriating weed whacker black woman

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)



Reply Favorite

Date: July 22nd, 2017 7:33 PM
Author: tan locale

Just do lose effective buying power from inflation. Great.

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