 |
Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,000?
11-17-2006, 10:14 AM
|
#1
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 9,174
|
No CD's...........ideas 
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,000?
|
11-17-2006, 10:25 AM
|
#2
|
|
Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 3,085
|
I picked Vanguard Prime MM. It's easy to move to one of my Vanguard funds or to my checking account. I see no reason to go to ED.
Other places to look are Citibank, HSBC, CapitalOne which all have online savings accounts in fives, I think.
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,000?
|
11-17-2006, 10:26 AM
|
#3
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2003
Posts: 9,994
|
E-loan.
__________________
"And Jesus spake, 'Become thou now fishers of adjustable rate mortgages'" - New Conservative Bible
|
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,
|
11-17-2006, 10:29 AM
|
#4
|
|
Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 4,009
|
Financedude,
The vanguard account is a good one to have if you also have other accounts at vanguard since you can shift money easily without waiting a couple days for money to transfer to buy new securities.
Where's the $10,000 from? Bonus time?!!  We just got the $3000 annual match for DW's 401k dropped on us out of the blue yesterday. Nice little surprise!
|
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,000?
|
11-17-2006, 10:35 AM
|
#5
|
|
Thinks s/he gets paid by the post
Join Date: Jun 2005
Posts: 2,450
|
I have also been using eloan...and 2nd HSBC....Eloan only allows you to link 1 external account but apparently can start a 2nd account.
__________________
- Hurry! to the cliffs of insanity!
|
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,000?
|
11-17-2006, 10:42 AM
|
#6
|
|
Recycles dryer sheets
Join Date: May 2005
Posts: 56
|
Hmmm, how times change...I went with Emigrant about a year or so ago and it seemed like likes of folks here did also...
I have had no problems whatsoever with Emigrant. I go online, request a transfer every month to checking and it shows up in about 1-2 days...they did drop from 5.15 to 5.05.
Just curious if I have missed a big reason to switch to another online resourse??
Thanks...Ted
__________________
Ted
|
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,
|
11-17-2006, 10:49 AM
|
#7
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 9,174
|
 Quote:
|
Originally Posted by justin
Where's the $10,000 from? Bonus time?!! We just got the $3000 annual match for DW's 401k dropped on us out of the blue yesterday. Nice little surprise! |
No, not a bonus.........life insurance policy from sister......... 
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
|
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,000?
|
11-17-2006, 10:54 AM
|
#8
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2004
Location: South Texas~29N/98W
Posts: 3,014
|
These are all great places to stick your ST cash and they are all generally pretty safe etc. I doubt that it is such a good idea to chase ST interest rates that are only 5-10 pb more than another MMF or online bank.
Chose one. Stick with it. 
__________________
Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx
In dire need of: faster horses, younger woman, older whiskey, more money.
|
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,000?
|
11-17-2006, 11:08 AM
|
#9
|
|
Full time employment: Posting here.
Join Date: Mar 2005
Posts: 876
|
Eloan savings is at 5.5%: www.eloan.com
Presidential checking is at 4.5%: www.presidential.com
__________________
"Who among us is smart enough to learn from the mistakes of others?" - Voltaire
|
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,000?
|
11-17-2006, 11:29 AM
|
#10
|
|
Recycles dryer sheets
Join Date: May 2005
Posts: 56
|
Thanks, I agree with mickeyd...chasing an extra .10 to .40 percent is just not worth it with less than 70K in the account. I plan to draw about 30K/year from this account while phasing retirement and I keep second guessing having a 1-2 two year CD, but again, for the few percentage points difference, this is totally liquid, easy to access, and no complaints...
Thanks again for all the wisdom here...Ted
__________________
Ted
|
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,000?
|
11-17-2006, 11:33 AM
|
#11
|
|
Thinks s/he gets paid by the post
Join Date: Aug 2004
Location: Laurel, MD
Posts: 1,239
|
GMAC Bank is...........5.3 APY on MM Savings
__________________
"there is reasonable money to be made in lending people money to buy houses. I refuse to believe that there is, really and sustainably, enough money in it for the originators and the servicers and the insurers and the bond underwriters and a hundred different tranche buyers and swap dealers and my pet kitty to take a piece of the interest." -Doris Dungey (Tanta) of Calculated Risk
|
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,000?
|
11-17-2006, 12:21 PM
|
#12
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2006
Posts: 1,457
|
it certainly doesn't make much sense (but does make some cents) to chase MM yields if the differential is minimal, but the rate leaders do evolve ... ING, Emigrant and Virtual bank are no longer the first choices they once were! point: you can't stick with one bank for ever, need to anticipate some evolution if you wish to get near-best returns. that said, VMMP is a clear all-things-considered winner.
|
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,
|
11-17-2006, 12:29 PM
|
#13
|
|
Full time employment: Posting here.
Join Date: Aug 2005
Posts: 841
|
I think $10,000 is about what I still have in my Emigrant account. I did have more, but then I paid down the HELOC once the interest rates started shooting up, and also paid off a car loan.
I've been happy with them. It's interesting though, how things change. I don't think I'm going to start chasing money market yields unless I get a substantial amount back in there.
|
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,000?
|
11-17-2006, 04:32 PM
|
#14
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2004
Location: South Texas~29N/98W
Posts: 3,014
|
Quote:
|
I paid down the HELOC once the interest rates started shooting up, and also paid off a car loan
|
Excellent move Andre. Why pay interest to banks while you earn much lower rates on your cash?
__________________
Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx
In dire need of: faster horses, younger woman, older whiskey, more money.
|
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,
|
11-17-2006, 04:54 PM
|
#15
|
|
Recycles dryer sheets
Join Date: Sep 2005
Posts: 94
|
Quote:
|
Originally Posted by brewer12345
E-loan.
|
E-loan is playing an interesting game:
15 Year Fixed Mortgage 5.625%
1 Year CD 5.55
They must expect rates to drop in the future.
__________________
Is this a good time to RE ? Ok, how about now...
|
|
|
|
Re: Ok............Emigrant Direct, Vanguard, or who else for a good rate on $10,000?
|
11-18-2006, 03:19 PM
|
#16
|
|
Full time employment: Posting here.
Join Date: May 2006
Posts: 711
|
My Emigrant transfers show up the same day in my Schwab checking account. No waiting.
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
| Thread Tools |
Search this Thread |
|
|
|
| Display Modes |
 Hybrid 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
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
