|
|
08-15-2018, 09:08 AM
|
#101
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 37,931
|
I don’t know. 5% for a 7 months CD becoming the norm indicates inflation is a bit higher and my other investments have probably taken a huge hit.
__________________
Retired since summer 1999.
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
08-15-2018, 09:38 AM
|
#102
|
Recycles dryer sheets
Join Date: Aug 2015
Posts: 179
|
Quote:
Originally Posted by Surewhitey
VANGUARD TREASURY MONEY MARKET INVESTOR VUSXX
7-Day Current Yield
1.91
Initial Investment$50,000
|
Just bought this - thanks for the tip!!
|
|
|
08-15-2018, 10:17 AM
|
#103
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,197
|
Quote:
Originally Posted by audreyh1
I don’t know. 5% for a 7 months CD becoming the norm indicates inflation is a bit higher and my other investments have probably taken a huge hit.
|
Yes we effectively need a blip up in inflation/rates to lock in the higher rates than have them drop back down. Just rambling I suppose.
__________________
TGIM
|
|
|
08-16-2018, 10:03 AM
|
#104
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 37,931
|
Synchrony just emailed me about their new CD Special - 2.65% 13 months, $2K min. That's higher than most ~12/13 month CDs being offered at the moment. Unfortunately a term greater than 12 months means a 180 days interest early withdrawal penalty.
Of course that does not beat the Andrews 9 month 2.75% CD Special which is still being offered.
__________________
Retired since summer 1999.
|
|
|
08-16-2018, 06:32 PM
|
#105
|
Thinks s/he gets paid by the post
Join Date: Mar 2013
Location: Southern California
Posts: 3,995
|
I finally got my CD at Freedom CU set up after much email and phone prodding, but it wasn't easy. The 3.56% rate no longer shows up on depositaccounts.com and they told me over the phone the promotion will end soon because they have almost hit their goal for new money deposits. DH has a bunch of CDs at 2.25% with Barclays but he wasn't comfortable paying the early term penalty with no guarantee it would take place quickly enough to get the money over to Freedom before the promotion ends.
It seems like there should be an easier way but I suppose if I'm chasing yield I'm going to have to jump through hoops to get it.
|
|
|
08-27-2018, 08:05 PM
|
#106
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,304
|
PenFed CU now offers Premium Online Savings account at 1.65 apy for $5 min /$100k max.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
|
|
|
08-27-2018, 10:41 PM
|
#107
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 37,931
|
Quote:
Originally Posted by jazz4cash
PenFed CU now offers Premium Online Savings account at 1.65 apy for $5 min /$100k max.
|
Do they have any special requirements? Their checking used to require X auto deposits or other hoops.
__________________
Retired since summer 1999.
|
|
|
08-28-2018, 04:35 AM
|
#108
|
Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,155
|
As a member of MOAA (military officers) I opened an MOAA Money Market Savings Account at PenFed a number of years ago. It's currently paying 1.7% because they have a different method of calculating interest on this account. Their regular MM savings account pays only a fraction of this rate.
I think they still offer it, because the form to open it is still on their website if you search for it. So if anyone belongs to MOAA (I think there are some here) you could consider this.
__________________
I thought growing old would take longer.
|
|
|
08-28-2018, 06:58 AM
|
#109
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,304
|
Quote:
Originally Posted by audreyh1
Do they have any special requirements? Their checking used to require X auto deposits or other hoops.
|
I opened the Penfed Premium Savings account. I didn't see any special requirements. In the FAQ section it says this account cannot be accessed via ATM. Opening the account is a bit funky. The only choice for funding was fill out a form manually (ugh!) and mail a check or by wire transfer. I tried to just step through the process but in doing so I got the account opened in less than 2 minutes. I downloaded the form but did not fill it out. Then I went back to the main menu and transferred funds from Penfed regular savings.
If they do not offer a good alternative for my 3% CD when it matures in December, this might be a place to park the funds for a while.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
|
|
|
08-28-2018, 07:06 AM
|
#110
|
Thinks s/he gets paid by the post
Join Date: Aug 2017
Location: Champaign
Posts: 4,677
|
Are these rates assuming APR or APY?
__________________
"Do not go where the path may lead, go instead where there is no path and leave a trail."
Ralph Waldo Emerson
|
|
|
08-28-2018, 08:30 AM
|
#111
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2004
Location: Laurel, MD
Posts: 8,304
|
Quote:
Originally Posted by Rianne
Are these rates assuming APR or APY?
|
I assume we have a mix of APR and APY being reported. I usually try to specify but sometimes it takes some digging to get something other than the "headline" rate. For my purposes the difference is minute.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
|
|
|
08-28-2018, 11:16 AM
|
#112
|
Thinks s/he gets paid by the post
Join Date: Jun 2004
Location: W Wash
Posts: 1,643
|
Don't recall seeing these posted from Ally for a 12 mon HY CD:
$25k+ --2.5%
$5-25k--2.4
<$5k002.25
|
|
|
08-28-2018, 11:33 AM
|
#113
|
Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,593
|
Quote:
Originally Posted by jazz4cash
I opened the Penfed Premium Savings account. I didn't see any special requirements. In the FAQ section it says this account cannot be accessed via ATM. Opening the account is a bit funky. The only choice for funding was fill out a form manually (ugh!) and mail a check or by wire transfer. I tried to just step through the process but in doing so I got the account opened in less than 2 minutes. I downloaded the form but did not fill it out. Then I went back to the main menu and transferred funds from Penfed regular savings.
If they do not offer a good alternative for my 3% CD when it matures in December, this might be a place to park the funds for a while.
|
I just opened the PF Premium Savings Account online in three minutes. I transferred funds online from another outside account to fund it. I was not asked to fill out any forms and mail them in.
__________________
*********Go Astros!*********
|
|
|
08-31-2018, 06:32 PM
|
#114
|
Full time employment: Posting here.
Join Date: Sep 2016
Posts: 527
|
Ally online savings bumped to 1.85% APY.
|
|
|
09-03-2018, 07:08 AM
|
#115
|
Thinks s/he gets paid by the post
Join Date: Feb 2007
Location: Upstate
Posts: 2,944
|
NASA Federal Credit Union, 3.25% on 15-month CD. (Also 3.35% on 49-month.) Easy to join, can pick National Space Society as association for free.
I'm tempted to put some of my money market $ into this as I have some old PenFed CD's coming due in December/January.
Link: https://www.nasafcu.com/img/certific...ex_member.html
|
|
|
09-03-2018, 07:29 AM
|
#116
|
Thinks s/he gets paid by the post
Join Date: Mar 2012
Posts: 3,925
|
Quote:
Originally Posted by copyright1997reloaded
NASA Federal Credit Union, 3.25% on 15-month CD. (Also 3.35% on 49-month.) Easy to join, can pick National Space Society as association for free.
|
WOW!!!
|
|
|
09-03-2018, 07:59 AM
|
#117
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2018
Location: Tampa
Posts: 11,197
|
Quote:
Originally Posted by copyright1997reloaded
NASA Federal Credit Union, 3.25% on 15-month CD. (Also 3.35% on 49-month.) Easy to join, can pick National Space Society as association for free.
I'm tempted to put some of my money market $ into this as I have some old PenFed CD's coming due in December/January.
Link: https://www.nasafcu.com/img/certific...ex_member.html
|
The Space Society membership is free for 1 year. Then it goes to $20, which I suppose one would need to pay for the 15 mth CD. Would translate to .08% on 25k. Still a great net rate.
__________________
TGIM
|
|
|
09-03-2018, 08:23 AM
|
#118
|
Thinks s/he gets paid by the post
Join Date: Mar 2013
Location: Southern California
Posts: 3,995
|
Quote:
Originally Posted by Dtail
The Space Society membership is free for 1 year. Then it goes to $20, which I suppose one would need to pay for the 15 mth CD. Would translate to .08% on 25k. Still a great net rate.
|
I doubt they would require you that you renew your membership once you have the CD with their credit union.
That is a great rate though, thanks for sharing copyright1997!
|
|
|
09-03-2018, 04:14 PM
|
#119
|
Thinks s/he gets paid by the post
Join Date: Feb 2008
Location: Indialantic FL
Posts: 1,330
|
Penfed has a 2% six month cd.
__________________
JimnJana
"The four most dangerous words in investing are 'This time it's different.'" - Sir John Templeton
|
|
|
09-03-2018, 04:19 PM
|
#120
|
Thinks s/he gets paid by the post
Join Date: Jan 2013
Posts: 3,405
|
Quote:
Originally Posted by jimnjana
Penfed has a 2% six month cd.
|
Per Fidelity, the expected rate on six month Treasury bills at tomorrow's auction is 2.25 percent. And they are exempt from state income tax. You can buy them through Fidelity or the other major discount brokers at no cost.
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|