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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...
mahogany immigrant
  07/22/17
yeah but then the gubmint takes 35% of that shit
Violet painfully honest brunch
  07/22/17
Might as well buy REITs or investment grade bonds or even tr...
brass arrogant spot
  07/22/17
You say that as if there is zero risk. The treasuries that a...
mahogany immigrant
  07/22/17
How do you know REITS won't decline in value
mahogany immigrant
  07/22/17
just buy intc and msft and let do
Violet painfully honest brunch
  07/22/17
why even bother? there are savings accounts that earn 1%.
Bronze national
  07/22/17
link?
Razzle-dazzle Amethyst Pocket Flask
  07/22/17
https://www.ally.com/bank/online-savings-account/?nt=g&d...
Bronze national
  07/22/17
not to be overly boomerish but wtf is ally bank?
Razzle-dazzle Amethyst Pocket Flask
  07/22/17
its online. if you just need a place to park your money with...
Bronze national
  07/22/17
It's an online-only bank. No physical branches. You can depo...
Dashing Aquamarine Locale Dragon
  07/22/17
i imagine there are deposit limits?
Violet painfully honest brunch
  07/22/17
Just the FDIC limit of 250k to be insured. You can put more,...
Dashing Aquamarine Locale Dragon
  07/22/17
Money market accounts typically yield more than savings acco...
mahogany immigrant
  07/22/17
Goldman Sachs high yield savings account offering 1.2% with ...
flickering hell
  07/22/17
this
Violet painfully honest brunch
  07/22/17
Ty, ty
flickering hell
  07/22/17
ally offers 1%
Bronze national
  07/22/17
1% < 1.2%
Umber whorehouse
  07/22/17
Capital One is better because of the access to branches and ...
mahogany immigrant
  07/22/17
Just copped Ally 1.15%
Stimulating nofapping boltzmann theater
  07/22/17
cr
Bronze national
  07/22/17
Unlike Ally, Capital one has a million branches and ATMs. In...
mahogany immigrant
  07/22/17
Just do lose effective buying power from inflation. Great.
Big Fear-inspiring Theatre
  07/22/17


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Reply Favorite

Date: July 22nd, 2017 6:49 PM
Author: mahogany immigrant

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: Violet painfully honest brunch

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: brass arrogant spot

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: mahogany immigrant

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: mahogany immigrant

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: Violet painfully honest brunch

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: Bronze national

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: Razzle-dazzle Amethyst Pocket Flask

link?

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



Reply Favorite

Date: July 22nd, 2017 6:54 PM
Author: Bronze national

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: Razzle-dazzle Amethyst Pocket Flask

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: Bronze national

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: Dashing Aquamarine Locale Dragon

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: Violet painfully honest brunch

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: Dashing Aquamarine Locale Dragon

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: mahogany immigrant

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: flickering hell

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: Violet painfully honest brunch

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: flickering hell

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: Bronze national

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: Umber whorehouse

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: mahogany immigrant

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: Stimulating nofapping boltzmann theater

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: Bronze national

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: mahogany immigrant

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: Big Fear-inspiring Theatre

Just do lose effective buying power from inflation. Great.

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