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in the fight of my life to convince wife to open 1.85% savings acct
Poast new message in this thread
Date: September 23rd, 2018 4:37 PM Author: Marvelous bat-shit-crazy headpube "seems risky" (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36870515) |
Date: September 24th, 2018 10:36 AM Author: Marvelous bat-shit-crazy headpube (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36876735) |
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Date: September 24th, 2018 10:39 AM Author: jet-lagged hell nowag My wife wants all of our money to sit in our checking and/or savings. (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36876757) |
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Date: September 24th, 2018 10:40 AM Author: Slippery Motley Stock Car Crackhouse (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36876762) |
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Date: September 24th, 2018 10:57 AM Author: Anal Magical Idea He Suggested There’s zero rational reason if it’s below the FDIC limit. Pick up I bonds too if you want zero risk. (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36876883) |
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Date: September 24th, 2018 11:08 AM Author: Marvelous bat-shit-crazy headpube "hmmm idk i don't understand all that stuff" *goes back to browsing insta* |
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Date: September 24th, 2018 11:09 AM Author: aromatic plaza boistinker (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36876979) |
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Date: September 24th, 2018 11:26 AM Author: House-broken knife (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877078) |
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Date: September 24th, 2018 11:08 AM Author: Hot violent multi-billionaire buy bitcoin (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36876965) |
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Date: September 24th, 2018 11:08 AM Author: aromatic plaza boistinker Lmao. It isn't "risky" at all. (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36876973) |
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Date: September 24th, 2018 11:11 AM Author: bistre tanning salon she needs that money available to spend on avocado toast you insensitive piece of shit (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36876996) |
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Date: September 24th, 2018 11:14 AM Author: Charismatic water buffalo set Why would she think it's risky? What would she rather do with it? I assume it's FDIC insured, right? (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877009) |
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Date: September 24th, 2018 11:17 AM Author: aromatic plaza boistinker Also, you can get 2% these days: https://www.hsbcdirect.com/
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Date: September 24th, 2018 11:21 AM Author: Rose coldplay fan newt if u know u aren't going to need the money for a while, goldman's fast casual chain "marcus" has 12 mo cds at 2.55% and savings at 1.9% (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877056) |
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Date: September 24th, 2018 11:27 AM Author: House-broken knife If you know you aren’t going to need the money for a while, buy index funds (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877082) |
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Date: September 24th, 2018 11:30 AM Author: Rose coldplay fan newt i mean if u want to have a stable no risk emergency fund (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877107) |
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Date: September 24th, 2018 11:39 AM Author: aromatic plaza boistinker Given that emergencies are unpredictable, a 2% liquid account is probably ideal. (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877158) |
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Date: September 24th, 2018 11:46 AM Author: Rose coldplay fan newt fair. i'm stashing enough to pay mortgage and necessities for 6-12 months and will come out slightly ahead by staggering cds and keeping only 2 or so months' worth of expenses on hand in the checking account, but it'll probably only amount to a few hundred dollars (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877193) |
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Date: September 24th, 2018 12:01 PM Author: aromatic plaza boistinker That's what bothers me. This requires an amount of effort and care that doesn't justify the payoff. At that point, you're better off having less in instruments that don't keep up with real inflation and instead have a good mix of equities that are likely to pay significantly more. (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877278) |
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Date: September 24th, 2018 11:41 AM Author: Transparent Glittery Dragon Son Of Senegal It's called a credit card doofus. Assuming you don't have shit credit, you need about two months' bare minimum expenses in cash that can be accessed same day. The rest should be in SPY, real estate, or a diversified equities portfolio.
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Date: September 24th, 2018 11:30 AM Author: aromatic plaza boistinker I'd rather have 2% 100% risk free and liquid. If I don't need to touch it for a year, I'll throw it in dividend ETFs. (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877106) |
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Date: September 24th, 2018 11:27 AM Author: Bearded medicated garrison sex offender lol @ any "man" who has to "convince" his wife to do something with their money (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877086) |
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Date: September 24th, 2018 11:30 AM Author: Confused Filthy Ticket Booth Where is that money now??? (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877111) |
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Date: September 24th, 2018 11:33 AM Author: ruby up-to-no-good indirect expression (not a mattress scholar) (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877124) |
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Date: September 24th, 2018 11:35 AM Author: Marvelous bat-shit-crazy headpube megabank checking, same place it has been for years (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877140) |
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Date: September 24th, 2018 11:41 AM Author: Charismatic water buffalo set How much are you talking about? (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877164) |
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Date: September 24th, 2018 12:08 PM Author: Marvelous bat-shit-crazy headpube $100k (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877309) |
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Date: September 24th, 2018 12:09 PM Author: aromatic plaza boistinker So basically burning $2k/year in cash by keeping it in a 0% acct.
That said, I'm not sure about keeping even $100k in a 2% because real inflation is probably 3-4%. |
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Date: September 24th, 2018 12:10 PM Author: Marvelous bat-shit-crazy headpube "hmmmm" *browses insta* |
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Date: September 24th, 2018 12:05 PM Author: spruce half-breed Why does she think that a savings account is riskier than a checking account? (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877292) |
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Date: September 24th, 2018 12:09 PM Author: Marvelous bat-shit-crazy headpube she thinks these banks she's never heard of (HSBC, goldman, etc) are riskier than B of A ljl (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877319) |
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Date: September 24th, 2018 12:10 PM Author: aromatic plaza boistinker "banks she's never heard of (HSBC, goldman, etc)"
omg, lol |
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Date: September 24th, 2018 12:13 PM Author: Rose coldplay fan newt (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877354) |
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Date: September 24th, 2018 11:41 AM Author: Hateful Out-of-control Kitty Cat i literally hate women (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877162) |
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Date: September 24th, 2018 11:42 AM Author: Vibrant site halford We all do (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877165) |
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Date: September 24th, 2018 11:44 AM Author: wine den sounds like a good time to put together a powerpoint presentation. (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877180) |
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Date: September 24th, 2018 12:19 PM Author: Heady orange scourge upon the earth step-uncle's house Is she a housewife? No way a person has never heard of those big name banks or thinks a savings account is risky ... unless this is code for not wanting to have to “save” money - savings accounts aren’t really different from checking in terms of liquidity, tbh. (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877390) |
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Date: September 25th, 2018 11:23 PM Author: aromatic plaza boistinker (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36889876) |
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Date: September 24th, 2018 12:51 PM Author: carmine vigorous pit Lol OP did you blow your credibility with crypto or something (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877638) |