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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...
Wine Idiotic Stage
  07/22/17
yeah but then the gubmint takes 35% of that shit
cobalt histrionic liquid oxygen
  07/22/17
Might as well buy REITs or investment grade bonds or even tr...
Crystalline menage deer antler
  07/22/17
You say that as if there is zero risk. The treasuries that a...
Wine Idiotic Stage
  07/22/17
How do you know REITS won't decline in value
Wine Idiotic Stage
  07/22/17
just buy intc and msft and let do
cobalt histrionic liquid oxygen
  07/22/17
why even bother? there are savings accounts that earn 1%.
Infuriating lascivious dilemma
  07/22/17
link?
Irradiated psychic
  07/22/17
https://www.ally.com/bank/online-savings-account/?nt=g&d...
Infuriating lascivious dilemma
  07/22/17
not to be overly boomerish but wtf is ally bank?
Irradiated psychic
  07/22/17
its online. if you just need a place to park your money with...
Infuriating lascivious dilemma
  07/22/17
It's an online-only bank. No physical branches. You can depo...
Aqua gas station personal credit line
  07/22/17
i imagine there are deposit limits?
cobalt histrionic liquid oxygen
  07/22/17
Just the FDIC limit of 250k to be insured. You can put more,...
Aqua gas station personal credit line
  07/22/17
Money market accounts typically yield more than savings acco...
Wine Idiotic Stage
  07/22/17
Goldman Sachs high yield savings account offering 1.2% with ...
vivacious cocky philosopher-king pisswyrm
  07/22/17
this
cobalt histrionic liquid oxygen
  07/22/17
Ty, ty
vivacious cocky philosopher-king pisswyrm
  07/22/17
ally offers 1%
Infuriating lascivious dilemma
  07/22/17
1% < 1.2%
shivering chestnut orchestra pit sandwich
  07/22/17
Capital One is better because of the access to branches and ...
Wine Idiotic Stage
  07/22/17
Just copped Ally 1.15%
massive codepig
  07/22/17
cr
Infuriating lascivious dilemma
  07/22/17
Unlike Ally, Capital one has a million branches and ATMs. In...
Wine Idiotic Stage
  07/22/17
Just do lose effective buying power from inflation. Great.
slap-happy stirring point
  07/22/17


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Reply Favorite

Date: July 22nd, 2017 6:49 PM
Author: Wine Idiotic Stage

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: cobalt histrionic liquid oxygen

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: Crystalline menage deer antler

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: Wine Idiotic Stage

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: Wine Idiotic Stage

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: cobalt histrionic liquid oxygen

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: Infuriating lascivious dilemma

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: Irradiated psychic

link?

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



Reply Favorite

Date: July 22nd, 2017 6:54 PM
Author: Infuriating lascivious dilemma

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: Irradiated psychic

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: Infuriating lascivious dilemma

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: Aqua gas station personal credit line

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: cobalt histrionic liquid oxygen

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: Aqua gas station personal credit line

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: Wine Idiotic Stage

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: vivacious cocky philosopher-king pisswyrm

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: cobalt histrionic liquid oxygen

this

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



Reply Favorite

Date: July 22nd, 2017 6:53 PM
Author: vivacious cocky philosopher-king pisswyrm

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: Infuriating lascivious dilemma

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: shivering chestnut orchestra pit sandwich

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: Wine Idiotic Stage

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: massive codepig

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: Infuriating lascivious dilemma

cr

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



Reply Favorite

Date: July 22nd, 2017 7:07 PM
Author: Wine Idiotic Stage

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: slap-happy stirring point

Just do lose effective buying power from inflation. Great.

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