The most prestigious law school admissions discussion board in the world.
|
 |
 
|
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: gaped sanctuary "seems risky" (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36870515) |
Date: September 24th, 2018 10:36 AM Author: gaped sanctuary (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36876735) |
|
Date: September 24th, 2018 10:39 AM Author: house-broken chestnut lay 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) |
|
Date: September 24th, 2018 10:40 AM Author: Rebellious whorehouse sneaky criminal (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36876762) |
|
Date: September 24th, 2018 10:57 AM Author: bossy double fault university 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) |
 |
Date: September 24th, 2018 11:08 AM Author: gaped sanctuary "hmmm idk i don't understand all that stuff" *goes back to browsing insta* |
|
Date: September 24th, 2018 11:09 AM Author: racy chad (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36876979) |
|
Date: September 24th, 2018 11:26 AM Author: Honey-headed travel guidebook mood (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877078) |
|
Date: September 24th, 2018 11:08 AM Author: irradiated irate messiness buy bitcoin (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36876965) |
|
Date: September 24th, 2018 11:08 AM Author: racy chad Lmao. It isn't "risky" at all. (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36876973) |
|
Date: September 24th, 2018 11:11 AM Author: White crusty hell 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) |
|
Date: September 24th, 2018 11:14 AM Author: Massive school cafeteria famous landscape painting 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) |
|
Date: September 24th, 2018 11:17 AM Author: racy chad Also, you can get 2% these days: https://www.hsbcdirect.com/
|
|
Date: September 24th, 2018 11:21 AM Author: Mustard Station French Chef 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) |
|
Date: September 24th, 2018 11:27 AM Author: Honey-headed travel guidebook mood 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) |
|
Date: September 24th, 2018 11:30 AM Author: Mustard Station French Chef 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) |
|
Date: September 24th, 2018 11:39 AM Author: racy chad 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) |
|
Date: September 24th, 2018 11:46 AM Author: Mustard Station French Chef 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) |
|
Date: September 24th, 2018 12:01 PM Author: racy chad 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) |
|
Date: September 24th, 2018 11:41 AM Author: mind-boggling gaping turdskin 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.
|
|
Date: September 24th, 2018 11:30 AM Author: racy chad 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) |
|
Date: September 24th, 2018 11:27 AM Author: Razzle-dazzle Sapphire Property Fortuitous Meteor 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) |
|
Date: September 24th, 2018 11:30 AM Author: Bat-shit-crazy menage ceo Where is that money now??? (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877111) |
|
Date: September 24th, 2018 11:33 AM Author: titillating disturbing step-uncle's house becky (not a mattress scholar) (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877124) |
|
Date: September 24th, 2018 11:35 AM Author: gaped sanctuary megabank checking, same place it has been for years (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877140) |
|
Date: September 24th, 2018 11:41 AM Author: Massive school cafeteria famous landscape painting How much are you talking about? (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877164) |
|
Date: September 24th, 2018 12:08 PM Author: gaped sanctuary $100k (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877309) |
|
Date: September 24th, 2018 12:09 PM Author: racy chad 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%. |
|
Date: September 24th, 2018 12:10 PM Author: gaped sanctuary "hmmmm" *browses insta* |
|
Date: September 24th, 2018 12:05 PM Author: wild laughsome queen of the night theater 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) |
|
Date: September 24th, 2018 12:09 PM Author: gaped sanctuary 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) |
|
Date: September 24th, 2018 12:10 PM Author: racy chad "banks she's never heard of (HSBC, goldman, etc)"
omg, lol |
|
Date: September 24th, 2018 12:13 PM Author: Mustard Station French Chef (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877354) |
|
Date: September 24th, 2018 11:41 AM Author: frum burgundy faggot firefighter kitchen i literally hate women (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877162) |
|
Date: September 24th, 2018 11:42 AM Author: Mildly autistic church pistol We all do (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877165) |
|
Date: September 24th, 2018 11:44 AM Author: Maroon fantasy-prone selfie sounds like a good time to put together a powerpoint presentation. (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877180) |
|
Date: September 24th, 2018 12:19 PM Author: buff hairraiser box office internal respiration 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) |
|
Date: September 25th, 2018 11:23 PM Author: racy chad (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36889876) |
|
Date: September 24th, 2018 12:51 PM Author: dashing indecent dingle berry main people Lol OP did you blow your credibility with crypto or something (http://www.autoadmit.com/thread.php?thread_id=4084970&forum_id=2#36877638) |