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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...
Titillating Jade Institution
  07/22/17
yeah but then the gubmint takes 35% of that shit
Umber box office shitlib
  07/22/17
Might as well buy REITs or investment grade bonds or even tr...
dun bonkers roast beef dragon
  07/22/17
You say that as if there is zero risk. The treasuries that a...
Titillating Jade Institution
  07/22/17
How do you know REITS won't decline in value
Titillating Jade Institution
  07/22/17
just buy intc and msft and let do
Umber box office shitlib
  07/22/17
why even bother? there are savings accounts that earn 1%.
Trip aggressive public bath
  07/22/17
link?
puce irradiated principal's office
  07/22/17
https://www.ally.com/bank/online-savings-account/?nt=g&d...
Trip aggressive public bath
  07/22/17
not to be overly boomerish but wtf is ally bank?
puce irradiated principal's office
  07/22/17
its online. if you just need a place to park your money with...
Trip aggressive public bath
  07/22/17
It's an online-only bank. No physical branches. You can depo...
Vivacious Bipolar Potus Toaster
  07/22/17
i imagine there are deposit limits?
Umber box office shitlib
  07/22/17
Just the FDIC limit of 250k to be insured. You can put more,...
Vivacious Bipolar Potus Toaster
  07/22/17
Money market accounts typically yield more than savings acco...
Titillating Jade Institution
  07/22/17
Goldman Sachs high yield savings account offering 1.2% with ...
slate stead party of the first part
  07/22/17
this
Umber box office shitlib
  07/22/17
Ty, ty
slate stead party of the first part
  07/22/17
ally offers 1%
Trip aggressive public bath
  07/22/17
1% < 1.2%
Aromatic rigpig
  07/22/17
Capital One is better because of the access to branches and ...
Titillating Jade Institution
  07/22/17
Just copped Ally 1.15%
Judgmental Circlehead Macaca
  07/22/17
cr
Trip aggressive public bath
  07/22/17
Unlike Ally, Capital one has a million branches and ATMs. In...
Titillating Jade Institution
  07/22/17
Just do lose effective buying power from inflation. Great.
contagious burgundy sound barrier
  07/22/17


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Reply Favorite

Date: July 22nd, 2017 6:49 PM
Author: Titillating Jade Institution

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: Umber box office shitlib

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: dun bonkers roast beef dragon

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: Titillating Jade Institution

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: Titillating Jade Institution

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: Umber box office shitlib

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: Trip aggressive public bath

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: puce irradiated principal's office

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: Trip aggressive public bath

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: puce irradiated principal's office

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: Trip aggressive public bath

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: Vivacious Bipolar Potus Toaster

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: Umber box office shitlib

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: Vivacious Bipolar Potus Toaster

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: Titillating Jade Institution

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: slate stead party of the first part

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: Umber box office shitlib

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: slate stead party of the first part

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: Trip aggressive public bath

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: Aromatic rigpig

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: Titillating Jade Institution

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: Judgmental Circlehead Macaca

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: Trip aggressive public bath

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: Titillating Jade Institution

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: contagious burgundy sound barrier

Just do lose effective buying power from inflation. Great.

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