Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 03-29-2021, 06:35 PM   #161
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 28,918
Quote:
Originally Posted by Dtail View Post
Sorry PB, I wasn't clear.
I understand each investment and have MYGA's for my parents.
I was wondering on thoughts about how this group feels about favoring one vs. the other.
I guess then is is similar to favoring an online savings account vs a CD.... in all cases it is a tradeoff of liquidity for higher rate.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.

Retired Jan 2012 at age 56...target 65/35/0 AA TBD
pb4uski is offline   Reply With Quote
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!

Old 04-03-2021, 06:26 PM   #162
Thinks s/he gets paid by the post
 
Join Date: Mar 2012
Posts: 2,150
Some folks were recently asking about previously lifted 6 transfer monthly savings account limit and banks not implementing...just saw this in our Citi account:

Quote:
Beginning April 19, 2021, Citi is lifting the six-per-statement limit on transfers from your savings and money market accounts.
njhowie is offline   Reply With Quote
Old 04-03-2021, 07:34 PM   #163
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Aug 2004
Location: Laurel, MD
Posts: 5,758
Thatís good news. I did know anything about the change. It never made sense to impose this limit on certain forms of withdrawals and I believe the enforcement was inconsistent. I havenít seen anything from my banks, specifically BofA.
__________________
...with no reasonable expectation for ER, I'm just here auditing the AP class.Retired 8/1/15.
jazz4cash is online now   Reply With Quote
Old 04-05-2021, 02:21 PM   #164
Thinks s/he gets paid by the post
 
Join Date: Mar 2012
Posts: 2,150
TIAA Money Market fund now yielding 0.00%

Quote:
7-day current annualized yield 0.00% as of 4/01/2021
7-day effective annualized yield 0.00% as of 4/01/2021
njhowie is offline   Reply With Quote
Old 04-05-2021, 02:24 PM   #165
Thinks s/he gets paid by the post
RetireAge50's Avatar
 
Join Date: Aug 2013
Posts: 1,515
Quote:
Originally Posted by njhowie View Post
TIAA Money Market fund now yielding 0.00%


? Thank you though.
RetireAge50 is offline   Reply With Quote
Old 04-05-2021, 05:05 PM   #166
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Chuckanut's Avatar
 
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 12,011
Quote:
Originally Posted by njhowie View Post
TIAA Money Market fund now yielding 0.00%
Don't worry. Negative interest rates can't happen here. Right?
__________________
The worst decisions are usually made in times of anger and impatience.
Chuckanut is offline   Reply With Quote
Old 04-05-2021, 10:36 PM   #167
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 28,918
How many $100 bills can be stacked in a large safety deposit box?
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.

Retired Jan 2012 at age 56...target 65/35/0 AA TBD
pb4uski is offline   Reply With Quote
Old 04-05-2021, 11:22 PM   #168
Recycles dryer sheets
 
Join Date: May 2015
Location: Someplace Warm
Posts: 429
Quote:
Originally Posted by pb4uski View Post
How many $100 bills can be stacked in a large safety deposit box?
The Swiss have a 1000 Swiss Francs bill, often used for just that purpose: https://www.reuters.com/article/uk-s...-idUKKCN1QM1KJ
Quote:
...In recent years the 1,000 franc note has also been used by people wishing to avoid negative interest rates...
I have some funds in Europe, and they are threatening me to soon impose "safeguarding fees", as they call their negative interest rates. The only good thing is they can't do it for older accounts like mine, which are grandfathered.
Leo1277 is offline   Reply With Quote
Old 04-06-2021, 06:41 AM   #169
Thinks s/he gets paid by the post
 
Join Date: Feb 2007
Location: Upstate
Posts: 1,718
Quote:
Originally Posted by Leo1277 View Post
The Swiss have a 1000 Swiss Francs bill, often used for just that purpose: https://www.reuters.com/article/uk-s...-idUKKCN1QM1KJ
I have some funds in Europe, and they are threatening me to soon impose "safeguarding fees", as they call their negative interest rates. The only good thing is they can't do it for older accounts like mine, which are grandfathered.
These might also work. A one kilo gold bar is worth approximately $55,800 at current prices.
Attached Images
File Type: jpg 1kilo-gold-bar01.jpg (27.9 KB, 23 views)
copyright1997reloaded is offline   Reply With Quote
Old 04-06-2021, 09:10 AM   #170
Recycles dryer sheets
 
Join Date: May 2015
Location: Someplace Warm
Posts: 429
Quote:
Originally Posted by copyright1997reloaded View Post
These might also work. A one kilo gold bar is worth approximately $55,800 at current prices.
Is that an IPhone case? May serve as a good status symbol as well
Leo1277 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 4 (0 members and 4 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Best CD, MM Rates & Bank Special Deals Thread 2020 - Please post updates here ShokWaveRider FIRE and Money 976 12-31-2020 11:51 PM

» Quick Links

 
All times are GMT -6. The time now is 10:07 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.