In addition to your other asset vehicles?
|
-
05-10-2024, 10:49 AM #1
-
05-10-2024, 10:51 AM #2
-
05-10-2024, 10:54 AM #3
I have an investment account tied to my chase accounts.
I have my cash in money market mutual funds VMFXX and VUSXX
the rates and profiles of the funds are about the same, I just have them separated for my kid's college fund vs my personal savingsI'm just a white guy from the future, I'm completely out of touch
This machine is obsolete
-
05-10-2024, 11:43 AM #4
-
-
05-10-2024, 11:44 AM #5
- Join Date: Nov 2012
- Location: San Diego, California, United States
- Age: 37
- Posts: 20,869
- Rep Power: 237899
Pretty good window right now with higher than average interest rates.. if you have any decent amount of money (>100K) it should be in there.
USMC 0311
*Ice Hockey/Lacrosse Crew*
*fukkin zeezbrah when pickin up chicks but do one thing to fuk it up/cant sustain after that night crew*
*C7 GS Vette Crew*
-
05-10-2024, 12:01 PM #6
-
05-10-2024, 12:15 PM #7
-
05-10-2024, 12:20 PM #8
-
-
05-10-2024, 12:38 PM #9
-
05-10-2024, 12:40 PM #10
-
05-10-2024, 01:08 PM #11
-
05-10-2024, 01:25 PM #12
-
-
05-10-2024, 01:37 PM #13
Fidelity, I think like 4.9% now. Free checking, free checks, free online bill pay. I've moved everything over from my local 0.1% checking account. I still keep a little money in it in case I need some quick local cash, but basically run everything out of the high yield one now.
"Bones heal, pain is temporary, and chicks dig scars" - Evel Knievel
-
05-10-2024, 02:08 PM #14
Miscers when NVDA was $150 a few months ago: it’s overpriced trash! Bitcoin at 1k is a scam, and Tsla at $17 is a fraud! Elon is a fraud!! Nobody will ever drive electric cars!
Miscers today: I’m putting money in 5% account! Market is fraud! Etc.
Miscers at $100,000 bitcoin, $2000 Tesla stock in 2026: market is scam! I’m investing in 5% bank account.
-
05-10-2024, 02:14 PM #15
-
05-10-2024, 02:23 PM #16
Could be more useful as a dumping account, e.g. rental payments or other types of liquid income. Then you sort from there to investments or maintain a pool there as a minimum cash flow (e.g. 15k, whatever).
Bogleheads is a great place to discuss this kind of thing btw. Mature community with many ideas.
-
-
05-10-2024, 02:26 PM #17
We spend our time working just so we can have money to put in someone else’s account to make them money.
I only read thread titles and my own posts.
cVc (OIF/OEF): *Retired*
Sorry for perfect english; I have a degree.
“The stories and information posted here are artistic works of fiction and falsehood. Only a fool would take anything posted here as fact.“
PS: Don't eat poop, just don't let the idea of it stop you from living life to its fullest.
-
05-10-2024, 02:36 PM #18
-
05-10-2024, 02:52 PM #19
-
05-10-2024, 02:58 PM #20
I know lol I was just being an ass, obviously I keep whatever cash I have in the 5% account as well lol, damn, where did the good old times go? I’m so old. I remember Banks used to give you like 15% and ****,
Edit: just looked it up and the highest I could find is 8.5% back in 1990, that’s weird because I remember specifically getting 10 and 12% and seeing higher as well, maybe I imagined it…
-
-
05-10-2024, 03:19 PM #21
take a look at this
https://www.forbes.com/advisor/banki...ings-accounts/*Simplicity is the key to life*
Thanks ZBlacktt for the mod rep!
Thanks ForumSentinel for the admin rep!
Thanks Gxp23 for the mod rep!
Thanks 400LB Gorilla for the mod rep!
Thanks CountryMike for admin rep!
Thanks Nics1246 for mod rep!
I got married on August 24, 2013!!
ლ(╹◡╹ლ)
-
05-10-2024, 03:25 PM #22
Yes, SoFi offers 4.25-5% high yield savings accounts. Have to connect your direct deposit to it to qualify first, and I think pull in at least $5K in your first month of opening.
"It is easier to find men who will volunteer to die, than to find those who are willing to endure pain with patience."
- Julius Caesar
-
05-10-2024, 03:25 PM #23
-
05-10-2024, 03:26 PM #24
-
-
05-10-2024, 03:30 PM #25
-
05-10-2024, 03:30 PM #26
-
05-10-2024, 03:35 PM #27
-
05-10-2024, 03:38 PM #28
-
-
05-10-2024, 03:52 PM #29
-
05-10-2024, 04:08 PM #30
Bookmarks