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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...
Massive shimmering library rigpig
  07/22/17
yeah but then the gubmint takes 35% of that shit
tan gaped friendly grandma multi-billionaire
  07/22/17
Might as well buy REITs or investment grade bonds or even tr...
unholy irate hall boistinker
  07/22/17
You say that as if there is zero risk. The treasuries that a...
Massive shimmering library rigpig
  07/22/17
How do you know REITS won't decline in value
Massive shimmering library rigpig
  07/22/17
just buy intc and msft and let do
tan gaped friendly grandma multi-billionaire
  07/22/17
why even bother? there are savings accounts that earn 1%.
blue provocative address
  07/22/17
link?
aquamarine boiling water
  07/22/17
https://www.ally.com/bank/online-savings-account/?nt=g&d...
blue provocative address
  07/22/17
not to be overly boomerish but wtf is ally bank?
aquamarine boiling water
  07/22/17
its online. if you just need a place to park your money with...
blue provocative address
  07/22/17
It's an online-only bank. No physical branches. You can depo...
Walnut school
  07/22/17
i imagine there are deposit limits?
tan gaped friendly grandma multi-billionaire
  07/22/17
Just the FDIC limit of 250k to be insured. You can put more,...
Walnut school
  07/22/17
Money market accounts typically yield more than savings acco...
Massive shimmering library rigpig
  07/22/17
Goldman Sachs high yield savings account offering 1.2% with ...
Demanding Fortuitous Meteor
  07/22/17
this
tan gaped friendly grandma multi-billionaire
  07/22/17
Ty, ty
Demanding Fortuitous Meteor
  07/22/17
ally offers 1%
blue provocative address
  07/22/17
1% < 1.2%
Violent immigrant
  07/22/17
Capital One is better because of the access to branches and ...
Massive shimmering library rigpig
  07/22/17
Just copped Ally 1.15%
up-to-no-good deer antler
  07/22/17
cr
blue provocative address
  07/22/17
Unlike Ally, Capital one has a million branches and ATMs. In...
Massive shimmering library rigpig
  07/22/17
Just do lose effective buying power from inflation. Great.
maniacal frozen stead striped hyena
  07/22/17


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Date: July 22nd, 2017 6:49 PM
Author: Massive shimmering library rigpig

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: tan gaped friendly grandma multi-billionaire

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: unholy irate hall boistinker

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: Massive shimmering library rigpig

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: Massive shimmering library rigpig

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: tan gaped friendly grandma multi-billionaire

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: blue provocative address

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: aquamarine boiling water

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: blue provocative address

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: aquamarine boiling water

not to be overly boomerish but wtf is ally bank?

(http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832641)



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Date: July 22nd, 2017 6:56 PM
Author: blue provocative address

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: Walnut school

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: tan gaped friendly grandma multi-billionaire

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: Walnut school

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: Massive shimmering library rigpig

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: Demanding Fortuitous Meteor

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: tan gaped friendly grandma multi-billionaire

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: Demanding Fortuitous Meteor

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: blue provocative address

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: Violent immigrant

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: Massive shimmering library rigpig

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: up-to-no-good deer antler

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: blue provocative address

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: Massive shimmering library rigpig

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: maniacal frozen stead striped hyena

Just do lose effective buying power from inflation. Great.

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